It’s your first day at work and you are filled with enthusiasm to contribute to the company’s vision and prove yourself. But you have no idea how things work at your new office or where to start.
Wouldn’t it be more helpful, if your work goals and key results were communicated to you?
Onboarding is a fairly overwhelming affair and most new hires face a few common challenges like lack of clarity in their job role, change management, learning about the company, product, marketplace etc.
But as an HR manager, you can use OKRs to help your new hires.
What Are OKRs?
OKRs stand for ‘Objectives And Key Results’. OKRs are a popular approach for goal-setting which allows employees to execute individual and organizational goals.
OKRs are a popular approach for goal-setting which allows employees to execute individual and organizational goals. OBJECTIVES are something that you want to achieve, and KEY RESULTS are a measurable way to keep track of how close you are to achieve your objective.
Also Read: OKR Goal Setting For Successful Businesses
Here are six reasons why you need objectives and key results for new hires at your workplace.
Aligns Individual Goals With Company Values
This is one of the very important aspects of using OKRs in the workplace. When you hire someone new, they usually have one question: ‘What difference does my contribution make to the organization’. With OKRs, you can align individual goals with company goals, and employees get a fair idea of how their contribution matters to the organization. It helps them to understand where they fit into the bigger picture.
Promotes Teamwork and Collaboration
Company and team OKRs are usually visible to everyone. This allows the new hires to gain an understanding of what their coworkers are working on and how they can contribute to accomplishing company goals as a team. This visibility of team OKRs to each other allows team members to support each other and complete their individual goals too.
Also Read: 5 Common Teamwork Challenges Every Team Encounters!
Help Prioritize Tasks
We all have those days when we have too much on our plates and do not know where to start. Defining Objectives and Key Results helps you understand which tasks hold more importance and which ones can be pushed behind. They help your new hires understand their goals better and give them a sense of direction. It is easier to accomplish goals when they are specific and easy to understand.
Gives Clarity Of Work
OKRs are simple and transparent. They give you a clear understanding of why you need to accomplish a goal and how you can do it. They reduce the overall time spent on setting and accomplishing a goal. Objectives help new hires understand what is expected of them and key results help them understand how they can achieve the objective.
Also Read: Remote Team: Goal Setting And OKRs
OKRs have a shorter goal cycle when compared to traditional goal-setting methods. Using OKRs, employees can set goals for a year, half-yearly, quarterly, or even monthly. As OKRs are set for a shorter cycle, it allows organizations and employees to adjust and update existing OKRs whenever required.
Helps Monitor Progress
As a new hire, it is really stressful to manage your tasks, learn about your work at a new office and keep track of your performance. There is a possibility that your manager and you might not even be on the same page when it comes to evaluating your own performance. OKRs allow you to keep track of your progress. With OKRs, managers also can keep track of the progress of their direct reports and communicate with them directly.
Also Read: Virtual Onboarding: A New Reality
Working with a coach is a proven best practice to help implement your OKR strategy and drive business outcomes.
The OKR Launch and Coaching Program is a customized consulting service program designed by Engagedly to help organizations successfully implement and widely adopt the OKR approach.
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