Performance management through OKR
Use the System Being Used by Google, Amazon, and LinkedIn!
A single page to create, align, manage, and analyze business objectives and key results at the individual, team, and company levels! Not your average spreadsheet!
Driven by the OKR, the VDX solution automates your tasks to help you stay on top of business goals, track real-time progress, and spot and act on performance gaps more efficiently.
How OKRs Benefit Your Business Management
A simple approach to create alignment on goals with specific and measurable results needed to attain business targets. Moreover, it increases employee engagement by:
- Transparently linking people and businesses’ success;
- The consciousness of how individuals’ function and goals impact the overall company’s objectives;
- Coordination of priorities, key milestones, and expectations among employees and teams;
- Higher agility in the execution of the business, collaboration, and communication between employees.
OKR within the VDX Platform Benefits Your Bottom Line
Foster a high performance and transparency culture on goal setting and progress tracking.
Managers can act in real-time and focus where it’s needed the most to meet corporate targets.
The company, teams, and people’s performance tracking and reporting have become radically simple at any level.
Access to a digital governance process to drive alignment and consistency between all teams to run the business.
Impact on companies after adopting the OKR system
* Source: Ben Lamorte, OKR specialist and consultant working with global companies.
** Source: Aberdeen Research, 2015.
*** Source: MIT & McKinsey – published in Harvard Business Review, HBR: Management Revolution, A. McAfee and E. Brynjolfsson.
How OKR can transform each department in your company
* Source: Ben Lamorte, OKR specialist and consultant working with global companies.
** Source: Aberdeen Research, 2015.
*** Source: MIT & McKinsey – published in Harvard Business Review, HBR: Management Revolution, A. McAfee and E. Brynjolfsson.
How OKR can transform each department in your company
Companies + Values
- Transparency on goals and performance management: From interns to the CEO, everybody knows each other’s goals and progress.
- Each team member can actively participate in the definition of their objectives and goals, provided they are aligned with the strategic target the company has.
- Tear down internal silos: Everybody knows the other team’s priorities, avoiding unproductive competition.
- Analytics graphically show trends and advances of results from each team to the company’s level and possible problems in the course of the process.
Managers + Values
- Objectives and key results are frequently discussed during 1:1s, staff meetings, and business reviews;
- Real-time awareness of how teams and individuals are performing. Enabling leaders to spend more time coaching employees to achieve high performance;
- The software sends reminders to employees when goals are behind, and check-ins are late. Managers are also notified.
HR + Values
- Helps people operations organizations to add more value to the business and accelerate innovation;
- A single system to monitor people’s performance and its impact on business goals;
- HR becomes more agile, digital, data-driven, and scientific when appraising employees ‘performance and potential;
- Significant gains in productivity.
Collaborators + Values
- OKRs help employees understand how their work is connected to the company’s mission;
- OKRs will make employees more engaged in defining their goals and the organizational ones;
- Employee productivity may increase by 56% when they are involved in aligning their objectives with those of the company by adopting OKRs (Source: Gallup).
