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OKRs

How to Choose the Right OKR Tool for Your Business in 2022

If your organization is committed to driving a high performance culture, OKRs or Objectives and Key Results, would definitely be a part of your growth journey. As a leader with a vision, you must have contemplated adopting an OKR tool to make your journey seamless. 

However, are you struggling with which OKR tool to go for which fits in your budget and is also able to support your dynamic needs? 

This blog will help you understand all about OKR tools, what benefits you can expect, a step wise guide to making the right choice and the questions you should answer before making the choice. 

Benefits of using OKR tools

An OKR software is designed to help you put a structure to your entire process of formulating and implementing OKRs. They can enable you to make collaboration towards a shared goal seamless. Put simply, OKR tools make the journey for fast growing organizations easy to navigate. 

Here are the top benefits of using OKR tools:

1. Assign goals easily

With the right OKR software, you can easily assign goals and tasks to the respective members in the team. This gives everyone the visibility of what they are responsible for and how they are contributing to organizational success. This is bound to increase engagement, focus and dedication. 

2. Align OKRs and company values

An OKR tool powered by AI can help you ensure that your OKRs and goals are aligned with your company values. You can easily undertake an analysis to ascertain that the new objectives and intended results do not conflict with the basic fabric and the values the organization stands for. 

3. Facilitate goal visualization 

Not only can the OKR tool help you in assigning goals, but it can also enable you to monitor progress on each OKR. Take a break from anticipating and contemplating and focus on achieving goals. 

Choosing the right OKR tool: 8 best practices

If you are convinced and can’t wait to adopt the right OKR tool for your organization, you should check out these eight practices which can help you make an informed choice. 

1. Be clear on the objective

Start by creating a list of requirements or objectives you would like your OKR platform to fulfil. Do you want your OKR tool to simply set the objectives or do you want to ensure maximum visibility and accessibility among all employees too? 

Create an organization wide consensus on what you seek to achieve with your OKR tool.  

2. Measure your team size and scale up needs

Different OKR tools are suitable for different team sizes. Therefore, you need to contemplate the number of team members who will be using the tool. Furthermore, if you are a fast growing company, you are likely to expand your team size soon. 

Therefore, select a tool which offers you the flexibility to scale up and down without burning a hole in your pocket.

3. Identify the integrations you use

If you have to toggle between multiple tools, it will be rare that your team will actually use the OKR software. Hence, identify the top integrations you use and ensure that the tool you choose supports those integration. 

For instance, SuperBeings offers sophisticated integrations with MS Teams and Slack to ensure that your team can stay focused. 

4. Gauge your experience with OKRs

You also need to focus on how well you understand OKRs. If you are introducing the whole OKR framework in your organization for the first time, go for an OKT tool which provides OKR coaching by OKR experts who may have built the product. 

The right OKR software will help you set the right goals, leverage best practices, and ultimately make the most out of OKRs. 

5. Explore features and functions

Any OKR platform can offer several features and functions. However, you may or may not require all of them. In fact, you may find some of the premium features not aligned with your requirements at all. Therefore, based on your objectives, understand the features and functions you do need, like reporting, goal assignment, etc. before making a choice.  

6. Understand your budget

You must also take into account your budget and finances when deciding on the right OKR tool. If you are in the growth stage of your business journey, you may have certain financial restrictions and must choose a tool which can offer you the best within your budget.

Here making a list of basic features that you need can help create a base budget to compare tools and then make a final choice. 

7. Focus on user experience

Ultimately the success of your OKR tool will depend on how effectively your team is able to use the same. Therefore, focusing on user experience is extremely important. 

  • Does the tool require your team to toggle between different platforms? 
  • Is the platform mobile friendly? 
  • Are the instructions clear?
  • How prompt is the customer support?

These are some areas which you need to take into account to understand how the users (your team members) will react to the OKR tool. 

8. Understand data protection compliance

Finally, you will be sharing a lot of important information about your company as well as the team members over your OKR tool. Such information and data needs to be protected and privacy must be maintained. 

Therefore, you must check whether or not your OKR software is compliant with the major data protection and GDPR guidelines. 

Top questions to ask before choosing the right OKR tool

To make your journey towards adopting the right OKR tool easier, we have compiled a list of questions that you may want to answer while comparing the different available options. 

1. Does the tool offer a big picture?

Many OKR tools will only give you an overview and not the big picture of what you seek to achieve. They will majorly adopt a quantitative approach and give you insights in the form of data points and figures. 

However, you may want to choose a tool which can help you derive meaning from each data point. The right tool will be able to understand the challenges your team might be facing. Otherwise, you may be able to achieve the key result, but might end up compromising on creating the right culture. 

2. Can you scale up with the tool?

If you are growing fast, you will be scaling up in no time. But will you be able to scale up with the tool you have chosen in a question you need to ask yourself. The ideal situation is to anticipate a situation where your team has grown considerably. 

In such a scenario, contemplate whether or not the OKR tool in question will be able to address all your needs and expectations. 

You may want to gauge whether you will be able to link OKRs across the organization or will the tool allow different teams to set different timelines, etc. When you choose an OKR tool, you choose it for the long run. 

SuperBeings allows better goal transparency and collaboration across teams and departments by giving team leaders the opportunity to link OKRs and track collective progress accordingly.

3. Will the OKR tool help you monitor progress?

The best OKR tools not only help set the goals and objectives and align the responsibilities, they go beyond to help monitor progress. This way you can keep track of your status on the growth journey and take effective actions to accelerate the same. 

4. Can the tool help you augment engagement?

Finally, an OKR tool should not intimidate your team members with big objectives and key results. It should focus on creating an inspiration culture where employees are made aware about their contribution to organizational success. This will motivate them to outperform themselves. 

Furthermore, the right OKR tool can help initiate the right conversations where team members can share feedback on what is working and what is not. Invariably, they can change the conversation narrative from a top down approach to ensure that problems are discussed before they stunt growth and collaboration becomes seamless. 

OKR tool by SuperBeings

It is evident by now that the right OKR tool can help your team move towards a shared goal at an accelerated pace. One such tool that can help you power your OKR journey is SuperBeings. With SuperBeings’ OKR feature, you can put your key objectives at the center of your business processes and get everyone to row in the same direction. You can also integrate your OKR analysis with SuperBeings’ guided 1:1 and continuous feedback features to drive seamless continuous performance management.

Here’s a quick glimpse of how:

Drive alignment

Give everyone in the organization visibility into the key objectives and how their work contributes to organizational goals. Benefit from the top functions and features that can help keep your team members engaged and motivated.

Stay on Top

Easily track progress of where you have reached in your OKR journey and where you have to go next. Get deeper insights and understand the needs of your fast growing team.

Collaborate in the flow of work

Integrate with the tools you already use everyday like Slack and MS Teams to reduce the time spent in toggling and eliminate the friction and reluctance of using OKR tools.  

With SuperBeings, you can leverage OKRs to stay ahead of risks and address problems before they impact growth, realign strategy, and facilitate seamless communication across the organization on what matters most, and focus on execution with the right metrics, instead of just getting busy work done.

Get in touch for a Demo

Get in touch with us for a detailed demo to learn how we could help you with building a Super Organization.