A when referring to the instrument rating job performance for business, you normally listen to OKR and KPI. Here are 2 variations of the method of modern management by objectives MBO. Are used to evaluate the operation process of production and business, however, between them there is the big difference. So the difference what is it, along SureHCS refer to the content below to understand more about the difference between OKR and KPI okay.
1.Learn the concept of OKR and KPI
a. OKR is what?
OKR (Objective & Key Result): meaning objectives and outcomes key. Or said a different way to you to use is the method of governance based on a specific goal. From specific goal that you know you need to do and results key at the end, you can achieve that goal or not.
b. KPI what is?
KPI (Key Performance Indicator) metrics measure performance. Set of evaluation criteria measure the performance of an organization, an individual who has made targets in a specific time period. KPI no reviews work efficiency but also the tools compare achievement between the organization and individual departments with each other.
2. The difference between OKR and KPI
a. Purpose of use
KPI: Usually applied in the organization has the stable operation, to centralized control, efficiency measurement, determine the status and level of completion of the work of employees. Reviews a fair, transparent between sensuality and metrics to demonstrate results.
OKR: you are more powerful and more ambitious. Help individuals, groups and organizations set out the ambitious goal. And determine where is basis and the results need to reach for that goal. Purpose to inspire and motivate the staff to become more ambitious and achieve goals beyond the inherent limitations.
b. Long term and short term
Read more: Set of 12 document review staff capacity
KPI: systemic and long-term. Is the effective support tool for the management for those parts have goals, work, repeat, repeat, continuous, cyclical, fixed measurement is as accurate results.
OKR: the short-term goal, difficult to measure accurately, used a few times, fewer repeat and is usually applied for the start up technology fledgling, for the business has ambitious targets.
c. The focus of each method
Read more: Distinguish KRI & KPI in business management
KPI: the focus is located at the letter I (Indicator) result driven key also contribute to capacity assessment staff more effective.
OKR: the focus is located at the target letter O (Objective), before implementation should define clear, specific goals will be performed and the result pivotal accomplish that goal.
However, each method will have the activities and the different purposes. Song OKR and KPI are the methods according to the model management by objectives. So depending on the demand that the manager should choose for themselves the right method. Or combine them with each other to end of that business day as sustainable growth.
