Every organization's top priority is to steadily enhance performance. By measuring and tracking everyday actions, the strategic framework of OKR and KPI enables firms to monitor their ongoing performance and make necessary improvements. Some business management platforms think that OKR and KPI should be replaced since they conflict with one another. However, after a thorough analysis, it appears that OKR and KPI are the frameworks that serve the interests of each business while also being distinct from one another.

2. TABLE OF
CONTENTS
What are OKRs and KPIs?
Types of OKR and KPI
Benefits of OKRs and KPIs

3. WHAT ARE OKRS?
OKR represents Objectives and Key Results. It’s a strategic
framework that is used by organizations to set measurable
goals and track success. Objectives are often the
aspirational goals limited by the time that drives your
company forward.

4. TYPES OF OKR
Committed OKRs: Committed OKRs are the objectives
that are decided by the whole team and are achieved by
100%. They can be achieved in a set interval of time and
are more prone to success with less room for failure.
Aspirational OKRs: Aspirational OKRs are more about
taking bigger risks to reach the goal. But failing in
between is somewhat expected when these aspirational
objectives are set.

5. BENEFITS OF OKR
Keeps the team focused
Helps to drive in the right direction
Better alignment
Effective communication with transparent work ethics
Innovative ideas for a market-fit product

6. WHAT ARE KPIS?
KPI represents the Key Performance Indicator. They are
more specifically the numeric values that are set for the
individuals, different teams, and businesses to track their
performance. These indicators help you observe and
analyze how far you are from achieving your goals. KPIs
are one of the ways for the stakeholders to keep track of
the business performance and identify the areas where
they need to improve.

7. TYPES OF KPI
Strategic KPIs: The strategic KPIs keep track of long-term
organizational goals. When the KPIs are developed to track revenue,
market share, and return on investment, they are considered
strategic KPIs.
Operational KPIs: An operational KPI conveys the performance of
the organization in the short term, either daily, weekly, or monthly.
Financial KPIs: The financial KPI conveys the financial performance
of the organization and provides information on the operational
expenses, total sales, profit gained, and working capital.

8. BENEFITS OF KPIS
Enhance the productivity of individuals and teams
Better evaluation of performance
Makes accountable for performance
Helps in making plans to achieve the objectives
There are several benefits of KPIs. By setting and measuring
the KPIs, organizations can improve their performance in
numerous ways. Take a look at some of the benefits below.

9. THANK
YOU
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