Hi, your old captain Vikaby is here again

Last week, Vikaby talked to you about PMO management. Since many users have come to vikaby and said they want to learn more about management, today vikaby would like to talk to you about another management model that has strategic significance in business management

What is OKR?

We now many enterprises are talking about OKR, the so-called OKR, in fact, is the objective management system, is an acronym for Objectives and Key Results, namely Objectives and Key Results method. This is a set of management tools and methods for identifying and tracking goals and their completion.

This management method originated from Intel and flourished in Google. In recent years, it has been supported by numerous big companies in China, such as Bytedance, Baidu, Zhihu, Meituan, Huawei and other large enterprises.

Why are so many large companies so keen on OKR?

The charm of OKR management mode lies in that it can help enterprises focus on goals, stimulate the creativity of employees, make enterprises run more efficiently and more dynamic, and make employees spontaneously change from “I want to do” to “I want to do”.

Although many companies want to implement OKR, they eventually become OKR in form, but in essence, it is still A KPI, and it is especially easy to use OKR as an assessment indicator, and even do not make OKR transparent… They often fail later.

In fact, the formulation of OKR also has some tricks, today vikabi and you discuss ~

Tetralogy: OKR quick landing

1) Why use OKR?

First of all, we have to know clearly, OKR is a set of clear and track the target and the completion of the management tools and methods, the core value is to help enterprises to focus on the important target, through the layers of decomposition, ensure that all members of the target as a whole is consistent, not easy running deviation, thus to efficient collaboration to promote specific affairs, to achieve business goals.

In the process of formulation and implementation of OKR, it has its own internal motivation, which can make every employee love their work, give play to more initiative, realize self-goal motivation, and promote the self-success of team members.

Of course, we need to apply the OKR tool, but there is another important point to be aware of: how to set the O (target)? What is the right O (goal)? How to determine KR (Key outcomes)? OKR’s core values can only be realized when objectives, key results, and task execution are uniformly refined.

2) How to make OKR?

Before we make OKR, we must understand the rules of OKR:

👉 Align goals up and down: The goals should be transparent, so that all departments and employees can align their goals to the next level.

👉 Challenge: OKR is best designed to be challenging enough to motivate the team to achieve more than they thought possible.

👉 Quantifiable execution: Every goal must be attainable, quantifiable, deconstructed, and implemented for individual execution.

👉 Have a time limit: Most importantly, set goals that have a time limit. You can set them annually, quarterly, monthly, or weekly.

3) How to land OKR quickly?

Generally speaking, OKR is developed from the top down and bottom up. The top management of the company sets strategic goals, each department sets departmental goals around the strategic goals, and each employee sets his or her own goals, execution plans and tasks according to the goals of the department. The following three steps are necessary for the rapid implementation of OKR in enterprises:

👉 Discussion: The supervisor proposes the goals and organizes a discussion meeting with members to jointly determine the goals and KR (key results).

👉 report: communicate progress in real time, find and solve problems in time, and cooperate efficiently.

👉 review: regularly review the completion of the target and KR to improve the implementation plan.

If you want to do a good job, you must first sharpen your tools. Although we have made OKR after discussion and even clarified the implementation plan, if there is no good tool carrier to implement and track OKR on the ground, it will eventually become “a piece of paper”.

4) OKR’s trick: Vika Table

How does OKR operate efficiently after landing? This is inseparable from the support of tools ~

In Vikabi’s eyes, the Vika table is probably the most useful OKR management tool.

From OKR alignment and collaboration to DIY, Vika Wig tables fully fulfill OKR’s bottom-up, transparent, self-customized management needs.

Vika Lattice table implements OKR management closed-loop

High appearance level interface, more understand OKR mind

With a simple and easy to use Vika table, you can complete the closed loop of OKR formulation, execution, review and evaluation. Vika table is not only as easy as Excel table, but also can generate Kanban based on the table. The row and column layout of Vika is clear, and the goals, key results and execution tasks are clearly presented.

Multiple view modes drag and drop manage OKR

And the same wig table can be transformed into a variety of view display, such as Kanban view, album view, group view and so on. By setting OKR in the dimension table and switching the view mode with one key, you can view it from various angles, such as the target person in charge, the completion progress, and the time period.

Real-time online collaboration, real-time progress tracking

The development of goals and key results, the implementation of the task plan, are inseparable from the effective collaboration of individuals and teams, departments and companies ~

Vika Table provides an open, transparent and visual OKR setting environment, supporting multi-person real-time online collaborative editing across departments and organizations, so that everyone can align the company’s goals, departmental goals and other people’s goals, track other people’s OKR, and see what their team and other departments’ teams are doing in real time. Effectively improve the internal collaboration efficiency, resource allocation, member participation.

Multi-person collaboration, tracking OKR anytime, anywhere

If you have specific requirements, you can use the vika table permission setting function for enterprise-level management and control.

Unlike traditional OKR management tools, vika dimension table for the actual working process, to a large extent, is to provide managers with “god perspective”, through the perspective of the whole enterprise target and dismantling, execution, control of the actual development of the enterprise, real-time tracking progress, can let the enterprise managers, according to the development situation in a timely manner to adjust ~

One touch BI, generating powerful data Kanban

When the number of collaborators is large, the volume of OKR and tasks is large, we often need more intelligent visual data Kanban, so as to grasp the completion of OKR or understand the general situation of employees in the enterprise ~

Visualized Kanban, BI screen in seconds

In Vika, you can easily create smart charts by dragging and dropping without writing code, and one table replaces countless Excel sheets. Diagram widgets can be linked to each other and, most importantly, can be updated in real time on OKR completion. The threshold of operation is very low, one key setting, you can easily make excellent effect of intelligent charts, very convenient and easy to use ~

The magic connection KR

Traditional OKR management often stores O (goal) and KR (key result) separately or mixes them together, which easily leads to information confusion and makes it difficult for employees to align with their superior OKR. There are naturally numerous pits in the implementation.

The “magic connection” allows OKR to exchange information

Through vika’s unique “magic association” to achieve data series, as long as a little easier, you can get the global association information, let every O (goal) magic association every KR (key achievement) and every responsible person, through the quantitative key results and tasks to measure the achievement of the goal.

The scoring mechanism can stimulate the potential of employees and make breakthroughs

During the OKR implementation phase, it is a good idea to be able to review periodically and rate yourself on the completion and quality of your KR (key results). OKR scoring is mainly used for self-examination, to check the achievement of goals and whether the setting of goals and key results is reasonable, and to provide lessons for the subsequent setting and implementation of OKR.

One key score, automatic calculation

In vika weig table, we can use the functions of “score”, “rainbow label”, “cross-table association” to complete the scoring of ourselves. We can also automatically calculate the score types such as total score and average score through “magic reference” and “intelligent formula”.

Of course, vika’s collaboration features also allow you to be personally rated by your superiors and colleagues

And these scores will become an important factor in stimulating the potential of employees and promoting the self-success of team members.

Vikabi’s chatter

In general, OKR is more suitable for modern enterprise management, and Vika table is a reliable tool for OKR management.

First of all, on the appearance level and layout, it is more suitable for Chinese people’s use habits, and easier to use than Excel.

Secondly, in terms of function, Vika wig table with its highly customized characteristics, anyone can build their own enterprise system, to meet the unlimited needs of the enterprise organization.

And a good tool is not only reflected in its functionality, but also in the attitude of the service that determines the value of the tool.

Vika comes with a number of value-added services, such as: 7 x 24 hours of online consulting, one to one technical support, monthly product version updates, continuous video teaching…

If you find it hard to get started, or don’t know if your business scenario is suitable for using Wig tables, you can book a free demo at ~ https://u.vika.cn/edlht