The 7 best OKR (and strategy execution) software in 2024
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Key takeaway: Choosing the right OKR and strategy execution for your organization can be a challenging task. This is an overview of the best OKR and strategy execution software currently on the market. The overview is based on a 2024 market survey, comparison sites like G2 and Capterra, as well as our top 5 evaluation criteria.
We know that choosing the right OKR + strategy execution is important. Having to switch tools later on is very painful. However, it's not always simple and straightforward to identify the few things that you want the software to be really good at —especially when new to OKR or strategy execution. So let's start with the top 5 evaluation criteria.
Top 5 criteria for selecting OKR software
Here are 5 questions you should ask yourself when shopping for an OKR and strategy execution software. Is it a little biased? Probably. But it’s not a coincidence that Perdoo excels at all these 5 points — being in this market for almost decade, we know that these are the critical success factors.
[fs-toc-omit]1. Scope: Does it cover everything from strategy to goals to performance?
If you want to execute strategy, you’ll first need a place where you can set up and communicate your strategy.
Strategy is executed via goals. These goals can be OKRs, but KPIs are equally important (a more detailed explanation is available here). So you need a software that will allow you to track both against your strategy.
And then these goals need to be turned into actual results. Look for strong and proven processes that drive performance and goal attainment (more on that below).
Everything else is noise.
[fs-toc-omit]2. Usability: Is it easy to use?
Successful strategy execution requires the entire organization to work toward your strategy. So you need a product that is so easy to use that everyone in your organization can and will actually use it.
A study conducted by Jim Johnson of the Standish Group analyzed software projects and found that, on average, 64% of features are rarely or never used. Another study by Capers Jones, a software measurement expert, found that around 45% of features are never used. At the same time, all these features prevent you from getting value from your software products!
→ Perdoo has been around for almost a decade. By now, we know exactly which features you do need — and which you don’t need — to successfully execute your strategy. This makes our software unparalleled when it comes to ease of use. Plus, it helps us keep prices low (more on that below).
[fs-toc-omit]3. Reporting: Does it successfully drive goal attainment?
Goals don’t achieve themselves. People need to be held accountable and regularly report their progress. That way, they stay focused on the goals that are most important, and you increase the chance that the goals will be accomplished.
→ Perdoo does this via regular Check-ins, which are integrated into 1:1s, and coupled with automated reports delivered to everyone’s inbox. This not only reduces friction for your team (all it takes for most people is 5-10 minutes per week to report on their progress), it has also proven to significantly boost goal attainment.
You’ll simply achieve more goals with Perdoo.
[fs-toc-omit]4. Does it offer high-quality resources and support?
While strategy execution software should be simple and easy to use, formulating a good strategy, setting impactful goals, and rolling out OKR company-wide can be challenging. You want your software provider to be more than just a software, and to also help you educate your team and get the most out of OKR and strategy execution.
→ Perdoo is globally known for offering the best resources and support. Our Resources hub, ebooks, and YouTube videos are by far the most popular on the internet. Every user of our software also receives complimentary access to our online OKR course!
[fs-toc-omit]5. Price: Is it affordable enough?
Again: the successful execution of strategy requires the entire organization to work toward your strategy. Strategy execution software must be affordable enough so that you can give everyone in your organization access.
→ Perdoo’s pricing reduces significantly as you add more users. Use our calculator to see how your price will change as you add more users.
Best OKR software tools
[fs-toc-omit]1. Perdoo
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[fs-toc-omit]2. Weekdone
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[fs-toc-omit]3. Workboard
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[fs-toc-omit]4. Lattice
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[fs-toc-omit]5. Mooncamp
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[fs-toc-omit]6. Asana
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[fs-toc-omit]7. 15Five
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Get started with the leading OKR software
Perdoo empowers organizations to dominate their markets through a better execution of strategy. Perdoo offers superior technology, industry-leading services and support, and an enormous drive to help our customers succeed.
It is, of course, not a coincidence that Perdoo excels at the top 5 evaluation criteria. Being in this market for almost decade, we know quite well what are the critical success factors. The 4.5 out of 5 stars rating (based on 405+ reviews) on our G2 profile is a testament of this.
Whether you’re a startup, scale-up, or mid-market business, Perdoo keeps you ahead of the competition.
Get your free Perdoo account here.
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