At the beginning of 2018, it’s important to set aside some time to close both your 2017 Company OKRs, as well as your Q4 Groups OKRs. We’ve explained the importance of closing and shared some best practices in a previous blog post.
In December, before starting the Closing Process, it’s time to already start thinking about your Company OKRs for 2018. For this, I’d like to share a best practice with you: collect input from your entire organization!
Not collecting your team’s input would be foolish
Not only is OKR a great way to increase employee engagement. It is also a great tool to give every employee in your organization a voice. In the Industrial Age, a majority of employees were executing simple, repetitive tasks. The manager was considered the person best equipped to take all decisions. For most of today’s companies, this has become a counterproductive mindset.
We are only just starting to learn how to run creative firms where one of the key characteristics is that a lot of knowledge resides with the employees. Effective leaders use this knowledge to define their organization’s strategy, and so should you. It will lead to higher employee engagement and better strategic decisions, and you don’t want to miss this opportunity.
How to collect input for your 2018 Company OKRs
You will ultimately decide on three to five Company OKRs but you’ll get the best results if you ask employees only for one each. This way, everyone is forced to think about what they think is the top priority, and you can filter out the noise.
To add a quantitative component to the survey, employees should also pick the business areas they believe should be covered. One individual employee might not be able to decide which areas matter most. However, the collective intelligence from dozens, hundreds, or even thousands of employees won’t lie.
If you combine your own considerations with your employees’ qualitative and quantitative input and put your Ultimate OKR into perspective, coming up with great 2018 Company OKRs will be easier than you ever expected.
At Perdoo, we use a simple and free Google Form. In fact, we’ve just sent out this survey to our team:
I recommend every organization, regardless of size, to do the same. If you want to be sure your Company OKRs are well-written and set up correctly, check our eBook on How to write great OKRs.