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Introduction
OKR and the Mission Statement are important aspects that give perspective and clarity for an organization.
When a company grows to 10, 20, 30 people or more, it becomes incrementally difficult for the CEO to keep track of what everyone is working on. Pretty soon, the staff will be on 20 or more diverse projects, and the company direction comes into question.
What’s a CEO to do?
Intel, Microsoft and Google have tens of thousands of employees and yet, these companies are well focused, organized and are driven to accomplish big projects. They all use OKR, Objectives and Key Results Management Framework – OKRs allow CEOs to visualize and navigate the company direction from a single point – the Mission Statement.
We explain the value of OKR and the Mission Statement here to help keep companies large and small, on track, aligned and focused.
New to OKRs? See the video “What is OKR?”.
Why have a Mission Statement? Perspective and Direction!
The Org chart establishes the hierarchy of people. It starts from a single point, the CEO, and then cascades with VPs, Managers and staff. It’s a simple chart but it’s easy to visualize the structure and chain of command in an organization – in effect, it gives perspective.
With OKR, you also have a visual hierarchy, but it’s a hierarchy of goals. And like the Org Chart, you need a starting point and that is the Mission Statement. It’s easy to visualize and establish structure, alignment, purpose and importance of projects that are on the table – again, it’s perspective.
A company without a Mission, is akin to a company without a CEO – without direction, purpose, nor leadership.
In fact, the Mission is often referred to as the “North Star” for a company.
What’s a Good Mission Statement.
The Starbucks Mission Statement is one of the most well-known, impactful mission statements in corporate circles – it sets the tone, gives perspective and direction for the entire company.
“Nurture the human spirit, a person, a cup, a community at a time.”
It’s action-oriented, customer-centric, and inspiring. Starbucks staff, from Executives and Accountants to the front-line Baristas, embrace this mission to make a difference in their customers’ lives.
OKRs are Drill-down, expandable and collapsable.
There is OKR software that can record and maintain all your OKRs. It gives CEOs and managers perspective of the entire hierarchy of goals, owners and progress.
You can easily view top layer OKRs, and just as easily drill down through any of the branches. The ability to expand in detail, and collapse for perspective is one of the most powerful features of modern-day management tools.
Profit.co Canvas Mode – Drill, expand and collapse
And progress can be automatically summarized and reviewed at any level, at any moment in time, meaning you don’t have to wait for reports or meetings.
Conclusion: OKRs and Mission Statement is about perspective.
CEOs have a lot on their plate – Teams, Staff, Projects and all the issues, factors and statuses. How does a CEO keep things organized, aligned and focused without getting lost in all the details.
Like the Org Chart, the OKR chart is a easy visual representation of the important goals on the table. It reaffirms alignment, purpose and direction, starting from a single point, the Mission Statement, the North Star.
OKR software allows you to drill down, expand, and collapse, giving the CEO and other managers various angles to view the connections, and progress from a goal orientation.
Essentially, OKR and the Mission statement allows the CEO perspective in a complex environment of business activities.
OKR Training Classes in Taiwan
C2believe provides OKR training with classtime, exercises, and coaching.
On Site or Off Site | English or Chinese | In Taiwan (or remote)
- Introduction to OKR for leadership (2 hours)
- Team OKR Class (18 hours) – Classtime, exercises and coaching
- 8-month OKR deployment (coaching and train the trainers)
Contact us about your OKR training needs here
Look who’s using OKRs.
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