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How To Use OKR For Personal And Company

Feb 20, 2023
3 min read

Written by: Mutita Panmook, Executive Contributor

Executive Contributors at Brainz Magazine are handpicked and invited to contribute because of their knowledge and valuable insight within their area of expertise.

Everyone has goals in their personal life, and even with their work life. Without realizing it, you may not know that OKR becomes a framework that you are more familiar with than you could ever know since it is related to goals. Today, I want to describe and disclose to you more about OKR, so it may help you enhance yourself more effortlessly.

Letter blocks with the word and symbolizes for goal setting.

The term OKR


Let’s start with some ordinary information. OKR stands for objective(s) and key result. As stated earlier, this thing could be used in both personal and work life because it allows you to always keep track with your goal. In addition, having OKR in your life helps you work with purpose. Many companies see this framework as a tool to help their employees refrain from burnout.


How does it work?


OKR has 3 processes that could help you set your goal easier.

  1. Objective: This is where you have to think about the goals you want to achieve. What do you need to do? or What do you need to reach your goal?

  2. Key Results: This is the step that allows you to recheck if you have achieved or do something to get near your goal or not. If it is for the company OKR, it would be easier since they have the obvious process to measure. However, as a person, you have to come up with something to measure by yourself.

  3. Initiatives: It is the tasks that will help you get to your goal. Stating clearly what you want to do and see if those tasks could help you reach that goal.

Why is OKR practical?


Focus: having OKR helps you see the big picture of your goals. Also, it helps you to prioritize and decline unrelated tasks.


Alignment: This one is certainly useful for organizations and companies. The companies will provide their OKR in order to set the standard for their employees. On the other hand, employees have to set their OKR in the workplace by consulting with their superiors or manager. Then, the company will find a common ground for their employees to work easier.


Accountability: Having an OKR framework for yourself helps you give a clear goal for yourself. You have your own goals, achievements, and also deadlines. Key result allows you to check if you’ve done the right thing, or if anything has to be changed.


Growth: OKR helps you get motivated since it is the goal that you have set by yourself. Whether it is a company OKR, or personal OKR, it would push you through your comfort zone and yearn for success.


The only thing that you should keep in mind is that it may take time. OKR is a framework that helps you in long-term work. It’s also trial and error for you to discover yourself and your work even more easily. Plus, OKR doesn’t necessarily need to be something crucial or important, it could be something like learning new skills as well.


All in all, OKR is practical and vital both for yourself and your company. Setting OKR for yourself might change your life in a better way than you could imagine.


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Mutita Panmook, Executive Contributor Brainz Magazine

Mutita Panmook is a business operation strategist who’s as known as ‘The Time Queen.’ She believes that time is the number one commodity in the world that you can’t get back once it’s gone. Because of that, Mutita helps small business owners and entrepreneurs build and design efficient business that supports their lifestyle with the Get UNSTUCK Method. Mutita's mission is to help business owners and entrepreneurs get unstuck from working on the hamster wheel. The goal is to reclaim their time to be with their families, do what they love with joy, or even travel the world, whenever they want, wherever they want, with whomever they want, and let their business work for them. She is also a host of Get UNSTUCK Podcast which helps entrepreneurs get unstuck in their journey through the guest experts' experiences. Mutita's joy is when her clients keep making positive impacts on the world and become an unstuck table.

 
 

This article is published in collaboration with Brainz Magazine’s network of global experts, carefully selected to share real, valuable insights.

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