The strategy focuses on integrating Objectives and Key Results (OKRs) with project management, aiming for improved alignment between strategic planning and project processes. In the first part, it emphasizes defining clear objectives and key results by conducting workshops with stakeholders. This process involves setting SMART objectives and ensuring they are relevant and time-bound, using software tools to track progress. An example of this is aligning project goals with organizational OKRs for coherence.
The second strategy involves embedding OKRs into project management processes. This includes utilizing OKRs in project initiation documents and guiding project planning and decision-making. For instance, projects are prioritized based on OKR relevance, ensuring cohesive resource allocations and project schedules that align with key results.
Lastly, fostering a culture of accountability and transparency is key. Encouraging team members to own their objectives and providing tools for transparent reporting on OKR progress forms part of this strategy. Celebrating OKR achievements publicly and integrating OKR performance into evaluations reinforces a culture where open dialogue about challenges is welcomed.
The strategies
⛳️ Strategy 1: Define clear objectives and key results
- Conduct workshops with stakeholders to establish strategic objectives
- Ensure objectives are specific, measurable, achievable, relevant, and time-bound (SMART)
- Identify key results that indicate progress towards each objective
- Develop a cascading objective structure across the organisation
- Implement a feedback loop to adjust objectives and key results as needed
- Use software tools to document and track objectives and key results
- Regularly review and update the relevance of each objective and key result
- Align project goals with organisational OKRs for coherence
- Communicate objectives and key results clearly to all team members
- Set timelines for achieving key results aligned with project milestones
⛳️ Strategy 2: Integrate OKRs into project management processes
- Embed OKRs within the project initiation documents
- Utilise OKRs to guide project planning and decision-making
- Create a template for incorporating OKRs into project charters
- Ensure project managers are trained in using OKRs effectively
- Align project schedules and deliverables with key results
- Use OKRs to prioritise project resource allocations
- Incorporate regular OKR review sessions within project meetings
- Implement tools that integrate OKR tracking and project management software
- Capture lessons learned from OKR-driven project approaches
- Ensure team members understand how their work contributes to OKRs
⛳️ Strategy 3: Foster a culture of accountability and transparency
- Encourage ownership of objectives and key results from team members
- Create a system for transparent reporting on OKR progress
- Publicise successes and learnings related to OKR achievements
- Incorporate OKR performance into team and individual evaluations
- Encourage open dialogue about challenges in meeting key results
- Facilitate regular cross-departmental OKR sharing sessions
- Provide recognition and incentives for achieving key results
- Ensure leaders model accountability regarding OKR commitments
- Use visual dashboards to track OKR progress organisationally
- Foster a learning environment where failure to meet OKRs leads to growth
Bringing accountability to your strategy
It's one thing to have a plan, it's another to stick to it. We hope that the examples above will help you get started with your own strategy, but we also know that it's easy to get lost in the day-to-day effort.
That's why we built Tability: to help you track your progress, keep your team aligned, and make sure you're always moving in the right direction.
Give it a try and see how it can help you bring accountability to your strategy.
