As our workplaces proceed to evolve, so do our tools to get things done. Many businesses have migrated away from pen-and-paper to-do lists, as a substitute moving on to more robust project management platforms. Luckily, the digital space is ripe with tracking programs that your small business can use to maintain projects moving forward and everybody on course.
These software tools are greater than just easy programs that track the linear progress of a project from point A to B. As a substitute, they’re complex and robust programs that incorporate project management metrics and will be tailored to your small business goals and strategy.
In project management, the system of Objectives and Key Results (OKR) has turn out to be a preferred solution to track a team’s progress. The usage of digitally tracking OKRs has opened up a world of possibilities as software firms have created intuitive programs that will be used to measure and monitor your team’s performance by setting objectives with associated key results.
There are several great OKR software tools available on the market in 2023. Here we’ll give attention to a few of the perfect, discuss their key features, and determine which OKR software platforms are value your investment.
What are OKRs and the way do they work together?
If you will have been following basic project management tactics for your small business, the term “Objectives and Key Results” must have popped up along the best way. Nonetheless, if this term continues to be unfamiliar, I’ll summarize it in easy terms. The term OKR refers to a goal-setting framework that defines and tracks progress toward specific, measurable, and time-bound objectives.
OKRs consist of two parts combined: Objectives & Key Results.
Objectives
These are high-level, qualitative targets a company goals to attain. Objectives are typically ambitious and galvanizing and help align team efforts that strive toward a typical goal. Objectives should be defined, communicated and reviewed repeatedly. These objectives are supposed to challenge teams and take on ambitious goals. Examples of objectives for your small business can include “improve worker engagement or “improve customer satisfaction”.
Key Results
These are quantifiable metrics that measure the progress toward the objectives. Key Results are more aggressive but realistic. They’re used to assist track the success of the objectives and are a part of the equation used to make sure that they’re attainable and measurable. Examples of key results for your small business can include “Increase participation in company events by 30% by the top of Q2” or “improve customer satisfaction scores by 5%”.
Notice how each objectives and key results work together? For instance, you possibly can’t just expect your small business to achieve the target to “improve customer satisfaction” without the important thing results stepping in to maneuver it along to hit certain goals or benchmarks.
ORKs work together like a ship works with a rudder. A ship with out a rudder can move – it just may not go within the direction you wish. Mix the boat and the rudder, such as you mix each objectives and key results, and you possibly can get your project moving in the appropriate direction very quickly!
Selecting The Right OKR software
While you search to your OKR software, what’s your small business end game or requirements? Do you would like this tracking software for individual goal setting or collaborating on larger team goals? Do you wish your tracking platform to have AI capabilities and be suitable for a small team, or do you would like enterprise capabilities to scale as your organization grows?
Knowing exactly what your small business needs and the way you desire to track it helps you hone in on what goal-setting platform you would like to your short and long-term objectives and results.
Listed here are a number of the top OKR software platforms to assist your organization stay on course.
1. Hive
Hive is a project management platform that enables individual users and businesses to administer projects, track tasks, set goals and monitor progress. To support your OKR-setting needs, Hive has a strong Goals application that lets users create and track customizable goals and objectives.
When you create a goal, Hive helps you to share it with other users, assign the goal to relevant teammates, track activity and provides yourself a deadline. Hive’s Goals dashboard is far more than a listing of endpoints — it’s your North Star.
Key features include:
- Creating goals with other team members in real-time
- Sharing of the team’s objectives inside a dynamic dashboard
- Accurate tracking with automated notifications and AI assistance
- Project-based goals that populate statuses based on task completion and overdue items
2. Weekdone
Weekdone is an OKR software tool designed to assist large enterprises measure, track and improve their organizational performance. While it does offer long-term goal setting, this platform focuses mainly on, you guessed it, projects worked on and accomplished during every week. From weekly updates to quarterly meetings, Weekdone’s OKR framework offers an all-in-one solution for businesses that need to increase their team’s productivity and cross-department communications.
Key features include:
- Team objectives and key results for every department
- Automated reminders for goals
- Interactive real-time dashboards
- Quarterly OKRs mixed with weekly planning and success metrics
3. Coda
Coda is one other great option for setting organization-wide OKRs that give attention to worker engagement. From creating progress visualizations for stakeholders to connecting OKR tables and evaluation to other documents, Coda is the proper platform for businesses seeking to simplify their OKR framework. Coda’s team-building abilities also make it easy to get your whole organization on course, and its interconnected platform ensures that projects are tracked, measured and
Key features include:
- Prebuilt templates take the guesswork out of your campaigns
- Seamless integration with Slack, Zoom, and other applications
- Useful activity feeds drive and facilitates discussion amongst team members
- Offers “one source of truth” for users
4. Lattice
Lattice is an OKR software designed to assist small and medium-sized business track objectives, manage collaboration and share progress. This platform provides a spot to trace tasks and objectives and allows employees to speak, engage and grow inside their roles freely.
Key features include:
- Integrated goal tracking with performance reviews
- 360-degree feedback
- Real-time messaging and collaboration
- Customizable security settings
5. Trello
Trello is a project management software known for its Kanban boards, which makes an efficient solution to track OKRs. You can even use lists and card views to see your projects and tasks. Navigate to Trello’s template library and also you’ll find pre-made boards with OKR planning.
In the primary column, you’ll see “Objective” (category) and in each card, inside the column, you’ll discover a “Key Result” (goal/goal). With Trello’s OKR template, your team can easily update their progress periodically. Trello is an intuitive tool, its no-code automation features assist you optimize the time spent on repetitive tasks.
Moreover, Trello lets you invite recent members to collaborate in your workspace, track tasks, and use color-coded labels for organization. And it integrates with many popular apps like Slack, Google Drive, and Microsoft Teams, so there’s no must stop using software you already love. Trello has a free version, and its paid plans start at $5 per user/month.
Key features include:
- See your work from multiple angles: Kanban board, timeline, table, calendar, and more
- Automate repetitive tasks and enhance workflow
- Integrate with over 100 of your favorite tools
- Dozens of premade templates
- Pre-built Trello playbooks designed for all teams
6. Profit.co
Profit OKR is a project management software that helps firms prioritize goals, save time, engage teams and execute strategies with limited resources. Profit OKR dashboard makes it easier to visually track progress and issues, helping managers to regulate tactics and fix project misalignments. You’ll be able to filter and export files from the dashboard and simply measure performance by department. Profit is free for as much as five users. Its paid plan starts at $9/monthly per user.
Key features include:
- Real-time heatmaps allow managers to discover potential problems easily and push for progress.
- Link your tasks with Key Results with expert-step guidance, and facilitate the progress of Key Results with the assigned tasks.
- Employees can tag colleagues with @mentions which inspires more collaboration, and in addition they’ll share their learning with #tags.
- Available for iOs, Windows and Android.
7. ClickUp
ClickUp offers a library of customizable templates, including Company OKRs and Goals. Its flexible framework helps you to craft your organization’s goals while organising the necessary metrics for every team. The template includes filters equivalent to status, custom fields, tags, apps, and look at types.
Certainly one of some great benefits of automated systems on ClickUp is the potential for working with external apps by integrating them into your workflow. For instance, you possibly can automate ClickUp tasks with Google Sheets, Dropbox, Calendly, GitHub, Slack, and Airtable integrations. ClickUp has a free plan, and its paid plan starts at $5 per member/monthly. To see how ClickUp stacks up against other tools available on the market, take a look at our complete guide to Click Up alternatives.
Key features include:
- Automation: allowing users to cut back manual efforts in specific tasks while freeing up teams to give attention to other priority goals.
- 50+ pre-built automation to assist with workflow automation and processes.
- Native chat and email, dynamic recurring tasks, customizable board views, and free integrations.
8. PeopleGoal
PeopleGoal is one other sensible choice for tracking OKRs since it provides apps specifically designed for setting and managing objectives. With its OKR app, users can set specific and measurable goals, assign them to individuals or teams, track progress, and receive timely feedback. The platform also offers custom reports and analytics that allow firms to drill deeper into their OKR data and construct custom reports with charts, graphs, and interactive data sets.
Key features include:
- No-code configuration for HR workflows
- Apps for OKRs, SMART goals, 360 feedback, performance reviews, surveys, and more
- Custom reports and analytics
- Seamless workflows across teams.
9. Mooncamp
Mooncamp is a comprehensive OKR software solution with an intuitive and user-friendly interface. It enables businesses, no matter size, to create, manage, and track their strategic goals effectively, promoting a results-driven organizational culture. By providing visibility into individual, team, and company-wide objectives, Mooncamp fosters alignment and boosts overall productivity. It has real-time tracking functionality that enables for simple progress monitoring, with collaborative features that encourage team engagement, making goal tracking not only a managerial task but a collective effort.
Mooncamp plans start at $6/user/month and you are attempting it out free for 14 days.
Key Features Include:
- Objective alignment across individuals, teams, and the organization
- Real-time updates on OKR progress
- Completely customizable goal system
- Integrates with tools like Slack, Google Workspace, and Microsoft Teams
10. Perdoo
Perdoo is one other great OKR software candidate with a robust emphasis on goal alignment and integration. It has an intuitive, user-friendly interface which makes OKR management less intimidating for many who are recent to the concept. It guides users through the technique of setting and tracking OKRs, ensuring that objectives are clearly defined and results are measurable. The software promotes transparency throughout a company by displaying how individual objectives fit into the broader company goals.
Perdoo also offers integration with popular tools equivalent to Slack, Google Sheets, Jira, and more. There’s a free plan for as much as 10 people and paid plans start at $3.50/user/month.
Key features include:
- ‘Initiatives’ feature that lets you link tasks and projects to specific objectives
- ‘Health Check’ feature for repeatedly assessing the progress and standing of OKRs
- Resources and training services to assist businesses with OKR methodology
- ‘Insights’ to investigate the success of OKRs and derive data-driven decisions
- Create custom user roles and permissions
11. Easy OKR
Because the name suggests, Simple OKR is a tool designed using the principles of Objectives & Key Results (OKR) methodology to create and track measurable goals. The vision behind Easy OKR is to incentivize employees to see who their work contributes on to the corporate’s goals and priorities. How? By setting between three and five high-level objectives which are key to the general success of your small business, this fashion you’ll have the opportunity to have interaction each member of your team and encourage them to deliver their needed contributions to make those goals possible. Easy OKR offers a free 7–day trial and their paid plan has a singular tier: $49.99 /month. The plan includes: company, team and private OKRs, progress tracking with OKR targets, OKR alignment for all team members, Single Sign-on (SAML v2) and unlimited users.
12. Quantive
Quantive is an OKR software known for its easy-to-use interface and project management capabilities. Quantive offers charts, collaboration features equivalent to commenting and notes, it has an enormous library of customizable templates and a simple drag-and-drop functionality. The answer also offers task tracking, Gantt charts, and resource management. The platform has an enormous library of templates for OKRs, from sales to money flow to website traffic improvement.
Quantive has a free plan, with limited features and storage. Their paid plan starts at $18 per user monthly.
Key features include:
- Goal setting
- Progress tracking
- Communication and collaboration
- Reporting and analytics
- Customer support (email, help desk, phone support, 24/7 live rep, chat)
13. BetterWorks
Betterworks is a goal and OKR platform that may help drive strategic organizational alignment and worker performance through its powerful features. Betterworks facilitates the collaboration between managers and direct reports offering transparent snapshots of performance and letting each managers and direct reports add comments or send nudges. Bettworks integrates with commonly used applications and allows employees to quickly update goal progress without even leaving their current application.
Key features include:
- Goal setting and tracking
- Performance management with 360-degree feedback, performance reviews, and compensation management
- Worker engagement with worker recognition, social learning, and surveys features.
- People analytics with reports that discover trends, make higher decisions, and improve overall performance
While this list is on no account exhaustive, you possibly can see that by evaluating different OKR software options, you’ll have the opportunity to seek out the perfect one to your organization’s needs. Whether it’s a platform that provides excellent worker communication options or one with stellar goal-tracking metrics like Hive, each tool has unique features that will make them higher suited to specific tasks or businesses.
OKRs are a fantastic solution to measure progress and ensure success in 2023. By selecting and setting your team up with a brand new OKR software tool, you possibly can track progress and ensure everyone seems to be on the identical page.
Are you more conversant in other tools? Tell us within the comments below!
