Ready to take your organization to the next level with OKRs? Let's dive into the design and set up process.
1. Define Your Organizational Goals
Before setting OKRs, clarify your organization's mission, vision, and strategic priorities. This will help you align your goals with the bigger picture.
2. Identify Key Areas of Focus
Pinpoint the areas where you want to make a significant impact. These could be areas like product development, customer satisfaction, or revenue growth.
3. Set Ambitious Objectives
Create inspiring goals that challenge your team and drive innovation. Remember, OKRs should be ambitious but achievable.
4. Define Measurable Key Results
For each objective, set specific, measurable, achievable, relevant, and time-bound (SMART) key results. These will help you track progress and stay accountable.
5. Cascade OKRs
Ensure everyone is aligned by cascading OKRs down to different levels of your organization. This creates a clear hierarchy of goals.
6. Establish a Review Process
Regularly review and adjust your OKRs to ensure they remain relevant and aligned with your organization's priorities. Celebrate successes and make necessary adjustments along the way.
Setting Up OKRs in Planview Portfolios
If your organization is already using Planview Admin:
- Configure OKR levels: Define, add, or modify OKR levels to track connected OKRs across organizational structures.
- Define custom attributes: Capture and track specific data relevant to your organization.
- Enable functionality for OKRs in Planview Portfolios: Enable the "Enable Objectives and Key Results" global option, activate OKR functionality for strategies and work.
If your organization is not yet using Planview Admin:
- Contact Planview Customer Care: Request Planview Admin for your organization.
By following these steps, you'll be well on your way to implementing a successful OKR framework in your organization.
Have questions about setting up OKRs in Planview Portfolios? Leave a comment below and we'll be happy to help!