Power Productivity with New Features in Profit.co:
OKRs:
- Search All Department OKRs: In All Department OKRs search the departments using the search bar.
- Restrict Past Quarter Check-in: Stop check-ins for the key results, which are present in the past quarters.
- Re-order Sub Key Results: Prioritize the assigned Key Results and the Sub Key Results well in the assigned card.
- Cap Progress Percentage: Users can now cap the progress of their key result types at a customized percentage.
Task Management:
- Task Log: Track the previous process and changes we have done on the assigned Tasks.
- Associate task with Sub-Key Results: Track the progress of selected tasks from the workspace via the sub-key results.
Performance Management:
- Formulas for Custom 9-Box Matrix: Use simple mathematical formulas to have a customized 9-Box Matrix.
- Matrix Manager Assessment: Matrix Managers can review individuals’ performance in the organization.
- Approver for Goals: Users can set their own Approver instead of getting the approvals from the Manager or the other approvers.
- Mandatory Comments for Specific Ratings: Set mandatory comments for the specific ratings when the user performs the assessment in Performance Reviews.
- Restrict Creating Goals : Set restrictions for the users who create Goals on a specific time period.
Strategy:
Custom Attributes for Strategy Module : Set additional custom attributes for all categories in the Strategy module.
UI Enhancements:
- Customize Objective and Key Result Indicator: Users can customize the appearance of the Objective and Key Results indicator on the OKR List page.
- Key Result Progress Presentation-Hierarchical view: Users can download Key Result Progress as a presentation based on the list of specified OKRs in Hierarchical order.
- OKR Canvas View: Users can now drag and drop the Key Result and Sub Key Result with the same Objective or with another Objective.
- HR Business Partners Employee Dashboard: HR Business Partners can now view all the employees assigned to them from a single employee dashboard.
- Create Additional Filters to Performance Trend Report: Users can create new additional filters for the review and employee attributes in the Performance Trend Report.
- Override weights at the review level: Users can override weights in performance reviews for their Goals and OKRs. Consequently restricting employees’ from submitting their self-assessment if the weight distribution to sum total of 100% or 1.
- Delete check-in comments: Users can now delete check-in comments for their Key Results.
- Configure Rating Slider Scale: Users can now configure the rating slide scale with calculated values for Performance Reviews
- Customize Rating Slide Type: Users can customize the rating scale slider appearance for Performance Reviews via Settings.
- Group Comment at Peer Level: Peers can now provide Group Level Comments based on the group competency assessment for the employees.
- Reset the completed OKRs: Users now have the flexibility to reset the completed OKRs.
- Extended Milestone Sequence Target: While creating a milestone sequence for a Milestone Tracked Key result we can set the target to more than 100%.
- OKR Alignment: Users can view the Alignment of non contributing OKRs from the Alignment dashboard. This displays their non-contributing objective and the corresponding key results underneath it.
- Assign Task Boards to Meetings: Users now have the opportunity to open and view their tasks under Meetings for their corresponding task’s assignee.
- Assignee Pop-up Improvements: Change the assignee and the assignment approach from the pop-up menu.
- Task Dashboard: Get the count of Tasks in which status they are present.
- Departmental OKRs: Use the Search bar to search all department OKRs.
- Filter Task Assignee: To assign any Tasks to your associates you can switch over to My Org where you can view the list of employees who report to you.
- Copy Workspace/Boards along with Tasks: Some fields will be selected by default while copying Workspace/Boards along with tasks.
- OKR Progress: OKR Rankings will be shown in the OKR Progress Report and also in the downloaded report.
- Strategy Road Map: The sub-theme having more Initiatives associated with the same or different quarter will be differentiated with various colors in the Gantt chart.
OKR Examples
1. Profit.co has come up with OKRs for Law Firms. Globally, shifting economies pose an increasing challenge to law firms, OKRs with quantifiable outcomes will aid in accomplishing your organizational goals. Learn more about it from this article, 10 Great Examples of Law Firm OKRs.
Check out our latest blog posts!
Could you take a look at our newest blogs!? These blogs can help you set impactful OKRs, enhance employee engagement and ignite performance in your organization.
OKR University
1. Businesses and their management are now motivated to enhance their business model by metric-driven objectives. An efficient strategy to develop business is to align the organization’s vision with clear business objectives. Learn more about business objectives from this Profit.co article. Top 15 Business Objectives to Grow Your Business.
2. An organization’s administrative and operational tasks are overseen by the chief operating officer (COO) who further creates regulatory requirements that support the ideology and vision of the business. The job of a COO entails numerous duties and it goes without saying that there are a lot of difficulties with it as well. Learn how COOs can overcome these difficulties through OKRs from this Profit.co article. How Can OKRs Help COOs.
3. In economics, the term “ratchet effect” refers to shifts in output, cost, or organizational structures that have a tendency to continue on their own. This transpires as a result of the actual process simultaneously modifying the underlying circumstances that drive the process. The ratchet effect has a significant impact on businesses and finding a strategy to reverse it will substantially benefit your organization. This article from Profit.co will help you understand more about it. How to Reverse and Solve the Ratchet Effect.
Performance Management
1. A periodical and structured performance assessment for employees will help them identify challenges and overcome obstacles at work. This provides an opportunity for employees to showcase their achievements, strengths, weaknesses, and strategies to develop their skill set. Learn more about performance reviews from this Profit.co article. What is a Performance Review? A Beginner’s Guide.
2. Employee performance reviews can be used to achieve certain goals that will benefit your organization and performance reviews have evolved over time. Organizations can choose the type of performance review that best serves their vision and strategy. Learn more about types of performance reviews. Performance Review-Types
Employee Engagement
1. Organizations have evolved and adapted to hybrid work models due to Covid19. A hybrid workplace’s main goal is to provide employees with more flexibility in their work schedules and locations while also promoting a healthier work-life balance. Learn more on how to Elevate Employee Experience for a Hybrid Workplace from this article from Profit.co. 5 Steps to Elevate Employee Experience for a Hybrid Workplace.
2. Employee recognition is vital in an organization. When their efforts are recognized and rewarded employees feel motivated and perform better. To achieve high employee satisfaction, it is important to understand the difference between an award and a reward. Although it’s prevalent to hear these two terminologies often, they have very different meanings in the corporate world. Learn more about it from this article from Profit.co. The Differences between Employee Award and Reward, with Examples.
KPIs Library
1. A Key Performance Indicator (KPI) enables organizations to swiftly and easily assess, analyze, and compare several critical success factors for their company. Performances could be equated to organizational goals to determine how well the business is performing, both financially and from the viewpoint of the employees. KPI reports with an emphasis on metrics are pivotal for the organization’s development. Learn more about KPI reports from this article from Profit.co. What is a KPI Report? What are the Benefits of KPI Reports?
2. Frameworks for creating goals and determining the metrics that will be employed to measure objectives are used by strategic visionaries. Finding a good goal-setting framework aligned with smart metrics will aid organizations in achieving their objectives and goals. Learn more about smart metrics from this Profit.co article. What are Smart Metrics and why are they Important?.
