How Is The Future Of Leadership And OKRs Related?
Are you struggling to understand why your intelligent and hard-working team cannot execute things at the right time? Is it that you’ve set expectations too high? Are you unable to drive your team?
I have gone through many phases in my career, running several businesses. I feel the above questions do not vary much from leader to leader, even when the companies, processes, means of operations, etc., change.
True leaders know the importance of having a vision of their goals because they know whatever they do, one thing never changes, the outcome. Teams at successful businesses like Google, Intel, and LinkedIn have proven the high-impact capabilities of using OKRs in an organization.
How can you become a better leader by adopting OKRs?
Your vision for the company can effectively be communicated and worked upon by the team with successful OKR-based strategic execution.
With clearly defined and transparent OKRs, you and your team have a sense of purpose at work and know what value they provide to the customers.
When discussing future organizations, you also talk about agile working methods. The main idea is to make operations more efficient. The vertical team structure offers lesser chances of smooth performance.
The future can see horizontal team structures, and the OKR framework works best in flatter teams. I also think decision-making becomes faster in more engaged teams, especially smaller ones.
The future holds vast opportunities for companies that can scale significantly faster. OKRs help you and the team design an ambitious strategic plan and guide you toward achieving the desired outcomes.
Recommended by LinkedIn
You discuss with the team and assign them their OKRs. Transparency and ownership boost accountability among your people. You have to be answerable to your team and the other stakeholders for your OKRs. You will be chasing the outcomes because the business will not move forward if you do not.
In business, focus means working with concentrated efforts to achieve essential goals. OKRs give clear direction to the team. You and the team have clear objectives and instructions to guide you the whole time.
OKRs are the link between the work and proper strategy execution. When it comes to implementation, team engagement plays a significant role. I have seen that people perform best when they do it with their will.
It’s been observed that engaged people are 21% more productive at work. OKRs bind people because they share common objectives, and individuals take the initiative to get out of their comfort zone and collaborate with their teammates.
As a leader, you must be their coach and the most significant stakeholder in the organization's progress. In my experience, I learn so much from our mistakes and regular discussions with my team.
There is not one leader in the history of the world that said - "I had expected this role already." I feel every business situation is different, and great leaders do not know everything beforehand; they keep a specific vision and learn to adapt through the struggle. OKRs help you and your team to keep working toward that vision.