MBOs, KPIs and OKRs? Wow!
Kippy allows you to manage everything and everyone by objectives.
So if you want to know how you organisation is performing, you can cascade the key strategy objectives to your departments, teams and sub-teams, etc.
Everyone then reports how they are performing locally against the pre-agreed KPIs and targets mapped to those objectives.
However, you can also use the same objectives to track how individual staff are doing against personal KPIs and Key Results.
So how does this work?
A manager can easily add a dashboard (which is like a BSC scorecard but in kippy is called a 'Team') for each staff member, underneath his or her team.
The manager suggests some personal goals for that staff member, allowing with targets.
The staff member is then invited to add further KPIs and Key Results. These are sent to the manager for approval and goal setting.
Once approved, the staff member is automatically reminded by kippy to regularly update their personal goals/KPIs/OKRs.
Once updated, they are sent to the manager to review, to ensure they are accurate, justified and evidenced.
All these automatically feed into the staff members Employee Appraisal report and over arching HR appraisal report - ready for an end of year review - or an always live view of corporate performance of everyone (and everything) in your organisation.
OKR (Objectives and Key Results) is a lightweight strategy management tool for setting company objectives, aligning everyone towards the same key results while directing team initiatives and activities.
OKR methodology is becoming ever more popular. It is currently implemented in thousands of companies of all industries and sizes worldwide like Google, LinkedIn, Twitter, Oracle, and Spotify.
Kippy cloud offers a great way to host OKRs, which are frequently set, tracked, and re-evaluated – usually quarterly. It is a simple, fast-paced process that engages each team’s creativity.
It exists to create alignment and to set the rhythm for the organisation. This is how it is done using Kippy:
Objectives (Os): corporate objectives could be added under strategy screen (in CEO or top team) and operational objectives could be aligned in the same screens (in department or subordinate teams)
Key Results (KRs): for quantitative Key Results could be added in the KPI module with the ability to set frequency, periodical targets, and other details. For qualitative Key Results, the same thing applies but the target is set at 100% under the right month when it is due to complete.
Initiatives: Projects which include the tasks or milestones that are needed to influence Key Results and in turn related objectives. They can be added in the Project module with all the milestones and their related progress, timeline, and other details.
I hope this helps - any questions - please contact us via the Live Chat or at support@kippy.me
Thanks,
Nauman
CEO and Founder
kippy - performance management ... made simple