Management by OKRs helps your company reach its goals and vision. Stiza encourages companies to use OKRs as their performance management system. OKRs become the bridge between your short-term goals and your strategic priorities. OKR system suggests goal owners have few but most essential goals. It ensures that all employees and managers are aligned to the same top goal. Make you feel that goals are not just a number, that the effort is as significant as a result. Creates a feedback culture focused on employee development.

In this event, we will learn how to determine your company’s strategy and main goals and then how to create scorecards that cover these goals for both managers and other employees. Then, we will see how to tackle the challenges to achieving the plans on our scorecards, monitor progress, and track how close we are to our desired results with KPIs.

We will discuss common mistakes in balanced scorecard implementation and the impact of critical principles that are not taken care of on the results. Finally, we will compare the balanced scorecard and OKR and evaluate their strengths and weaknesses.

We will share the advantages of goal management software and applications over excel spreadsheets.

Course Content:

  • Vision
  • Strategic Priorities
  • Main Objectives
  • Scorecards
  • Dissemination of objectives
  • Regular Monitoring and Review
  • Relationship between Budget, Income Statement, and Targets
  • Performance Evaluation and  Feedback
  • Performance Evaluation Form and Outputs
  • Development of Management by Objectives and New Principles
  • OKR, Objec

Training Duration: 1 hour (CET 19:00-20:00)

(Online on Zoom)

Participation Fee: Free of charge

Training Date: 06/11/2023