What are the Top 5 Benefits of Harnessing Synergita’s OKR Tool
In this era of evolving business demands, keeping up with growing customer expectations, constant technological advancements, and company objectives can be challenging. Often in the pursuit to excel in everything, teams and employees miss out on critical functions, which negatively impact the bottom line.
But the truth is that each employee and team must work together to deliver outcomes that contribute to accomplishing their goals. As a result, a system is required to align the organisation and motivate teams and employees to work towards overall company objectives.
Objectives and Key Results (OKR) is an internal alignment framework that aligns employees and teams with strategies linked to overall corporate objectives. They also help ensure that employee performance realistically drive the company objectives ahead.
Why do companies use Objectives and Key Results (OKRs)?
Companies traditionally create high-level organisational goals at the start of the year, and then everyone forgets about them within a month. This leads to passive management. To address this, companies attempted to establish goals on Microsoft PPTs, Excel, or Google Docs. This was a relatively static procedure, and many businesses could not manage or track goal progress using this method. To overcome this, several companies started implementing the OKR goal-setting approach.
The Objectives and Key Results (OKR) methodology help in breaking down the company’s overarching goal into smaller objectives related to specific results. Working with OKR allows leaders and management to schedule regular review sessions. This not only helps team members clarify doubts but also assists in team building – leading to a spurt of high-growth motivated teams within the organisation.
Top 5 benefits of Synergita’s OKR software
That’s where a tool like Synergita OKR software can play a significant role in helping maximize organizational focus on what matters by bridging gaps between people and company objectives. Synergita OKR tool makes this granular level of assessment and action a reality – from developing a planning model to continuous tracking and strategic engagement – spanning multiple teams and locations.
Now, let’s delve into the benefits of using Synergita’s OKR tool – and how it doesn’t just drive organization-wide efficiency but also sustains it long-term.
1. Get everyone on board with organisational goals
Synergita’s OKR tool establishes objectives at each level – consistent with the overall vision and goal of the company. OKRs can be set for the entire company, different teams, and individuals. Once top-line objectives are established, the real work begins. As employees move from planning OKRs to execution, managers and contributors can easily relate their day-to-day activities through the OKR tool to the shared vision of the company. This way, all employees align their individual goals with the overall organizational goals.
2. Boost workforce autonomy and accountability
A bottom-up goal-setting approach enables businesses to improve by leveraging their front-line knowledge of the challenges and coming up with potential solutions. As top management only knows about 4% of the front-line issues, this technique melts the iceberg of ignorance. With Synergita’s OKR tool, you can effortlessly establish a rule of thumb – to ensure team members, not their supervisors, set at least 60% of OKRs. With this method, everyone is personally accountable for their objectives and is more motivated to achieve them.
3. Meaningfully enhance employee engagement
According to a Gallup Survey, only one-third of all employees globally are engaged in their jobs. Thanks to Synergita’s OKR tool – employees have the autonomy to set individual goals and tracking methods. Hence, they are more accountable and become more involved in the organization. Employees with bi-directional communication feel more engaged and have a stronger sense of responsibility – thereby, their performance improves continuously.
4. Create a culture of organisational transparency
Synergita’s OKR tool is based on a framework – built on transparent objectives. It’s because only when team members understand the company’s overall goal will they be able to create their own or their team’s OKRs. When everyone in the organization is aware of the company’s overall goal and individual team goals, they can assess which activities are performing well and which areas require improvement. So, with Synergita’s OKR tool – you can ensure precision and clarity as your OKR foundations.
5. Promote organization-wide innovation
Synergita’s OKR framework allows for creating challenging targets known as ‘Moonshot Objectives.’ Leaders recognize that these are not always realistic, but it drives the team to go above and beyond to achieve such goals. A goal framework has been proven to motivate people to be innovative. Even with ‘Moonshot Objectives,’ employees are so focused on the effort required to achieve the goals that they seldom consider the possibility of failure. Leveraging Synergita’s OKR tool makes sure all teams carefully consider how they can contribute to achieving company objectives – answering key questions, such as:
- What can they improve?
- What should they work on?
- Is there anything they are doing exceptionally well, and can they raise the bar and get even better results?
These questions spark conversations among your employees, and understanding the answers would benefit your company.
Maximize your organisation’s true potential with Synergita’s OKR software
Synergita OKR tool equips your teams to get assigned clear and concise objectives- no matter their team or tenure. You can empower them to scale new heights within your organization in a tactical manner – with a clear path for them to achieve success and help the business grow in a measurable way.
So, Sign up and see how our OKR software can positively impact your bottom line.
