Alignment is one of the key pillars of the OKR philosophy. Organizations achieve alignment both using a top-down approach and a bottom-up approach. We have seen organizations wanting to standardize on one approach, but it almost never works. It will make your OKR program very rigid, unnecessarily. You can certainly start with one and then… Read more
The best way to get started with your OKR program is to actually get started. You will have different combinations of culture, style, processes, and values that makes the DNA of every business or organization unique. You don’t have to be great to start, but you have to start to be great.Zig Ziglar There is… Read more
The key goal of treasury management is planning, organizing and controlling cash assets to satisfy the financial objectives of the organization. The goal may be to maximize the return on the available cash, or minimize interest cost or mobilize as much cash as possible for corporate ventures. Dealing in forex, money and commodity markets involves… Read more
Traditional retail banks are at a turning point–both customers’ needs and expectations are changing, as is the competitive landscape. Customers are looking for multichannel sales and service experiences, but they’re not consistently receiving them. At the same time, other financial institutions and non-traditional players are looking for opportunities to redefine and innovate the experience. The… Read more
The U.S. mortgage market has changed dramatically since the global financial crisis of 2007-2008. While many components of the banking industry have fallen into a decade-long pattern of consolidation, the mortgage industry has moved in the opposite direction. Instead of consolidating, the post-crisis market has been characterized by the resurrection of non-bank lenders and increased… Read more
HR in the Integrating role Most people choose HR as a career with noble intentions. They truly believed in a higher calling, they wanted to help people achieve their “Full potential” through the HR function. Soon, reality hits. Few organizations have a strategic view of HR as a critical business function that recruits and nurtures… Read more
Before you embark on your quest to steer your organization towards sustained success, knowing and defining what success looks like is important. So, what does success look like? Many popular concepts in life are really simple, and this is not any different. The way we would like to position the definition of success here in… Read more
OKR Meaning: So, what is OKR? TL;DR OKR (Objectives and Key Results) is a powerful goal-setting and performance management framework introduced by Andrew Grove at Intel and later popularized by John Doerr. It helps organizations set ambitious, time-bound objectives and measure them using clear, quantifiable key results. OKRs drive focus, alignment, accountability, transparency, and high… Read more
Recently, I had a chance to talk to one of our customers about his company’s experience with Objectives and Key Results (OKRs). This is a medium-size Tech company outside Silicon Valley. Their CMO identified “nimble-footed startups” as their primary threat and wanted his team to “stay sharp” and “execute well”. They decided to “try out”… Read more
It’s the iteration of hypothesis, changes, and measurement that will make you better at a faster rate than anything else we have seen.Gabe Newell CEO, Valve We’ve heard this and similar quotes in the context of product development repeated over and over during the last decade. In younger startups business=product and hence agile development meant… Read more
TL;DR Successful OKR implementation requires balancing four key stages—planning, execution, engagement, and learning (PEEL). Many organizations fail not because OKRs don’t work, but because they overlook critical red flags such as poor planning (too many or misaligned OKRs), weak execution (lack of check-ins, resources, or innovation), low engagement (infrequent reviews, lack of recognition), and neglected… Read more
Prioritizing is critical to the success of any business or endeavor. There are always competing problems, and you need to pick the right one to solve at any point in time. Shooting for the moon is an enormous endeavor. But, while you shoot for the moon, you must ensure that you’ll last long enough to… Read more