OKRs (also known as Objectives and Key Results) has been a buzzing topic in the business world in the last few years. Popularized by companies like Google, LinkedIn, Spotify, Grab, Twitter, and more, OKRs is considered as an organizational performance framework that helps teams focus on key metrics that have a high business impact on bottom-line results.
The COVID-19 pandemic has led to a dramatic transition in the traditional work environment. With companies moving towards flexible hours and remote work options, OKRs is a sustainable long-term solution that can bring about enhanced collaboration, communication, and check-ins.
If you want to turn your good ideas into a smartly executed strategy, OKRs can be a key business asset! However, for that to happen, you need to innovate and automate. There are tons of diverse OKR implementation software in the market, and choosing the perfect one may seem to be a daunting task.
Today, let’s now bring the spotlight to Fitbots – a holistic platform for OKR implementation and coaching. Read on to know more about its unique features and key differentiators to understand how Fitbots can give radical clarity on business outcomes.
About Fitbots
The main objective of starting Fitbots was to enable hybrid teams to align to company purpose with their OKR software and coaching in one single platform. The company is an integrated OKR coaching solution for designing and implementing a successful OKR framework.
Research has shown that less than 13% of employees understand organization strategy and its translation to direct business outcomes. Fitbots believes in seamless outcome management with OKRs. The company started its journey in 2018 when the founders realized that industry practices of great significance to business outcomes are not creating the desired impact from employees.
Fitbot combines the best global practices on OKR management, along with a user-friendly and intuitive SaaS-based platform. As a result, the company is trusted by clients in multiple continents and delivers 100% success rates in OKR rollouts. A market leader in the domain of OKR software, Fitbots has crafted 40000+ OKRs, coached 20000+ teams, and delivered over 8000 hours of OKR training.
Want to know what makes Fitbot different from existing marketing competitors?
- People: The customer success teams are OKR experts and strive for hassle-free OKR onboarding by streamlining processes.
- Coaching: Fitbot coaches are the best in the business, with over 20 years of experience in strategy execution and OKR implementation.
- Platform: The Fitbots OKR platform is sleek, simple, and can help organizations implement a structured OKR strategy.
Let’s dive deeper into the platform to check out the advanced features of Fitbots and understand the process of setting OKRs on Fitbots.
Setting OKRs On Fitbots
Fitbots is an intelligent tool that can help you focus and achieve strategic goals with OKRs. They are always measured on a quarterly basis. As a result, OKRs can facilitate your teams to connect and align to company priorities. Before we get into the features and process of setting OKRs with Fitbot, let us take a look at what objectives, key results, and tasks stand for:
Objectives: Simply put, objectives mean where you would like to go! They give clarity of direction and inspire teams to action.
Key Results: The answer to how you will achieve your objectives is given by key results. They are specific, time-bound, measurable, and outcome-driven steps that measure the progress towards an objective.
Tasks: These are the to-do actions that help to achieve business outcomes. They are required to drive the progress of key results.
Setting OKRs on Fitbots is an easy and user-friendly process. Here are the core features of the platform that can help your teams pick up aspirational metrics and keep moving forward towards the finish line:
View Intelligent Dashboards: The Fitbots dashboard provides a visual representation of the OKR performance every quarter. You can track the OKR progress per week and also view the confidence index – a metric that expresses how assigned owners are feeling about achieving their OKRs.
The dashboard gives you a bird’ eye view of OKRs at the organizational and individual levels. You can see the teams leading in OKR performance and teams that are lagging behind. This provides complete visibility as you get to know which OKRs need immediate attention, and managers can take proactive action as required.
Fitbots believes that OKRs are about moving from a ‘me’ to a ‘we’ culture. Employees can view their individual OKRs, milestones, and metrics on the dashboard and get a clear picture of their impact on business health. They can also view any recognitions and posts about their performance in the dashboard. As a user, Fitbots provides you with a snapshot of what you are doing concerning OKR performance to contribute towards organizational objectives.
Craft The Right OKRs: Fitbots has an advanced objective builder that is an automated tool to help users create high-quality objectives. It uses a formula-based approach and breaks the objective into parts to develop well-crafted statements that convey the intended meaning. With Fitbots, you can set objectives that let you know exactly what the organization wants to achieve and by what timeline.
The key result builder in Fitbots is also highly intuitive and straightforward. You need to use an action word to describe the metric to be measured and track performance. Both quantitative and qualitative key results can be formulated with the key result builder easily.
Fitbots allows you to bifurcate key results as aspirational or committed. Aspirational key results are set with a long-term perspective, whereas committed key results are those that should be achieved in the ongoing quarter itself.
Visually View How OKRs Contribute To Company OKRs: For an OKR framework to be successful, you need to let your teams know why they are working towards a set of goals. Fitbots enables teams to understand their role as a champion, co-pilot, or member for the right OKR alignment.
Fitbots has visual alignment boards that enable teams to work towards shared outcomes and connect their OKRs to their overall strategy, vision, and mission. Bi-directional alignment helps to align around outcomes, not structures, and allows you to understand what other teams are contributing to achieving a specific key result.
As an OKR software, Fitbots provides a transparent mechanism for all teams of a company to view shared goals and know their priorities. This increases the accountability factor as each team member is expected to own their OKRs and understand the relevance to the overall business performance.
Recognize and Check-In On Engagement: Since OKRs work on a real-time basis, it is imperative for managers to check progress and share continuous feedback with team members regularly. Fitbots allows weekly check-in meetings to help OKR champions and managers identify OKRs at risk and manage tasks effectively to increase business outcomes.
Weekly check-in meetings with Fitbot allow managers to list out big achievements and make a note of any innovative ideas that can propel OKRs further. Team members can also discuss OKRs at risk and constraints standing in the way of achieving results.
Conversations, Feedback, and Recognition: Fitbots facilitates organizations to create a healthy and open work environment that thrives on transparency and open communication. The CFR functionality encourages managers to have regular conversations with team members about their OKRs to drive accountability and a sense of purpose. In addition, it empowers managers to provide feedback on a real-time basis and recognize individuals/ teams for progress on OKRs.
The CFR framework of Fitbots allows managers and teams to move away from generic conversations and focus on measurable outcomes. It helps to identify OKRs that are at risk, celebrate progress, and correct performance through constructive feedback for better results.
The Final Word
If your organization wants to implement an OKR-based approach, don’t think twice and invest in Fitbots. We give the platform a vehement thumbs-up for the following reasons:
- Expertise: Fitbots has a team of experienced and diverse professionals, including a network of OKR coaches who have trained 10000+ teams.
- Smart Approach: The best aspect about Fitbots is that it follows an integrated approach of OKR coaching and an OKR platform.
- Quality Support Resources: Fitbots provides users round-the-clock customer support and account management services with OKR experts.
- Proactive Sustenance: Fitbots makes sure your organization sticks to the OKR framework through weekly check-in meetings and regular conversations, feedback, and recognition.
Go ahead and explore Fitbots to discover how this holistic OKR software and coaching platform can help your organization increase bottom-line results and achieve business success!
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