With the recent success of the best-selling business book Measure What Matters by John Doerr, OKRs have become a hot topic for executives trying to bridge the gap between Strategy and Execution. For years, I have set corporate goals with my executive team and have strived to execute them, sometimes with great success and sometimes not. The process of setting corporate goals and leveraging them to make meaningful progress on key organizational strategies was often subjective and sometimes difficult to measure.
According to Gallup’s 2018 survey, 53% of workers would place themselves in the "not engaged" category, meaning they may be generally satisfied but are not cognitively and emotionally connected to their work and workplace. While these employees may still be executing their duties, they’re likely not performing to the best of their ability and certainly not making a significant contribution to the purpose and culture of the organization.
Spend any time with a child under 7 years of age and you are certain to experience the wonders and newness of life. The one fundamental truth about children, and all human beings who seek new challenges is that we are naturally curious about the world and the activities we engage in.
Companies thrive when the organization sets goals for its bottom line and aligns those to its employees. While setting organizational goals is crucial for companies, most companies don’t. In fact, in a study conducted for companies, over 80% of the participants stated they have not set organizational goals because they didn't believe it to be an important task. If this sounds like your company, below are four principles to live by, especially if you want lower turnover, a better ROI on your talent and streamlined operations.
With great power comes great responsibility. No one feels this more than an outstanding leader. Pacesetting leaders are constantly looking for better ways to lead the people they work with. One of the best ways to become a great leader, and get even more from the people you’re leading, is to figure out what kind of goals you want to set.
It is astounding how different today’s consumer is compared to the average consumer of 20 years ago. The modern consumer has grown up with technology and is wary of companies that don’t act according to the highest standards in terms of customer service, website design, and product quality. To stay on top in this highly competitive environment, businesses must optimize all aspects of their operation. At the heart of optimal performance lies a commitment to organizational excellence.