Power Productivity with New Features in Profit.co:
OKRs:
- Cockpit Dashboard: The Cockpit is a brand-new dashboard that displays infographic data of employees’ unassigned OKRs by department and period.
- Share OKR Status through E-mail: Users can now email the OKR Progress Status to your reporting team employees and other co-workers within your organization.
- Display KRs Progress % vs Actual Value: Users can now configure the KR slider to display the progress percentage against the planned value of the Key Result.
- Disable unused KPIs: Users are now provided with an option to disable the unused KPIs from the KPI Boards.
Performance Management:
- Export 9 Box Matrix Data: Profit.co now provides an export option and lets you download the data as .CSV or .XLS document.
- Manager to Reopen Employee Reviews: Profit.co now allows Managers to Reopen the assessments of employee performance reviews.
- Configure HR BP, Matrix Manager, and Secondary Reviewer in Employee Dashboard: HR Admins can now modify user information and add HR Business Partner, Matrix Manager, and Secondary Reviewer from the Employee Dashboard Menu in the Performance module.
- Automate IDP & PIP: Profit.co has come up with a new feature to automate IDPs and PIPs for users based on the ratings acquired from their performance reviews.
- Final Overall Rating: Profit.co displays an employee’s Final Rating score in the Review Summary information of the evaluated performance review. This final rating score is the cumulative mean score of the assessors involved in the review process.
- Goals library: The Goals library in the Goal management module serves as a repository for any goals you might want to use in the future.
Task Management:
- Assign Tasks through Email: Users can now create tasks through email and the task will be created under a board.
- Display Task ID in the List View: Users can employ the Task ID to refer to and share the task with their co-workers in the organization.
- Task Pending Acceptance: Profit.co displays the total number of tasks and the acceptance status of pending tasks in the workspace and board.
- Task Logs: Profit.co provides an option to view the history of changes that you have made to the tasks.
Strategy:
- Enable/Disable Strategy Module: Users now have the option to enable and disable the Strategy module in the left menu.
- Users create initiatives from Roadmap: In Profit.co, users included in the Who can define Initiatives list in Settings will now be able to add initiatives to the Roadmap.
CFR:
- Daily Frequency for Meetings: Users can now set daily frequency while scheduling meetings.
- Email the Meetings Summary: Users can now share the summary of the meeting topics discussed through email.
- My Org Meetings: Managers can now view the meetings of their team members and how frequently they meet and work collaboratively.
- Auto-generated Meetings Links: Users now have the option to enable auto-generated links for meetings to save time and effort, especially for individuals who frequently schedule and attend meetings.
UMS:
- Enable login field under the Bulk Action: The Enable login field can be configured in the Bulk Action field for all users.
- Customize the Welcome Email: Super Users can customize the Welcome Email to the newly added Active Users.
Mobile App:
- PMS in Mobile Application: Profit.co introduces Performance Management System in Mobile Application.
- Calendar Integrations in Meetings: Users can now view their scheduled meetings in the mobile application calendar.
Integrations:
- Azure DevOps KPI Integration: Azure DevOps provides an end-to-end DevOps toolchain for developing and deploying software. You can now integrate Azure DevOps KPI in Profit.co key result and automate the progress.
- Oracle Database KPI Integration: Oracle Autonomous Database is an all-in-one cloud database solution for data marts, data lakes, operational reporting, and batch data processing. You can now integrate Oracle Database fields using query in Profit.co key result and automate the progress.
- Oracle NetSuite: Oracle NetSuite is an enterprise resource planning (ERP) platform that comes with a robust financial management solution. You can integrate Oracle Netsuite fields using query in Profit.co key result and automate the progress.
UI Enhancements:
- OKRs Undeleted: The assigned Objective or Key result will not be deleted for the owner if the assignee deletes it.
- Authorized Users term changed to OKR Champions: The terminology of Authorized Users has been updated to OKR Champions.
- All Employees OKR menu: The overall display of the All Employees OKR menu has been aesthetically improved.
- Bulk Accept/Reject Tasks: Users now have an option for all users to accept/reject tasks.
- Disable OKRs by Directive: In Profit co, If the Directives toggle is disabled in Settings, then the OKRs by Directives will also be disabled in the left menu.
- Terminate/Revoke employees: Profit. co provides an option for managers to select another user of the same level to replace them at the time of their termination. You can find this information by hovering over the ? icon.
OKR Example:
- Profit.co’s 10 Great OKR Examples For Product Management blog highlights 10 great examples of Objectives and Key Results (OKRs) specifically for Product Management teams. This blog outlines clear objectives and measurable key results that can be used to improve product performance. By following these examples, product managers can successfully integrate OKRs to improve their team’s productivity and focus.
Check out our latest blog posts!
OKR University
- Learn how Implementing OKRs in your organization drives transparency by providing visibility regarding objectives, strategies, and progress, aligning corporate and individual goals from this Profit.co article Implementing OKRs to Achieve Transparency in Your Organization
- With OKRs, change management becomes more flexible, enabling organizations to thrive and succeed. Profit.co’s article “Flexibility in Change Management Through OKRs” explains how the OKR Framework can support this approach by building change into an organization’s structure and foundation.
- To enhance your OKR journey through continuous learning, consider utilizing OKR podcasts as a valuable resource. Profit.co’s article “10 Top OKR Podcasts for Continuous Learning in 2023” offers valuable insights on optimizing these tools for personal and professional growth. Check out the article to learn more.
- Read Get the Most Out of OKRs With Better Governance article from Profit.co to gain more insights on how to utilize better governance to achieve your goals.
Task Management
- Profit.co’s blog “5 Change Management Models for Successful Transitions” presents a comprehensive guide to achieving lasting organizational change. By leveraging the five change management models discussed in the article, organizations can successfully implement small-scale and enterprise-wide initiatives.
- Change management is the process of planning, implementing, and monitoring changes in an organization’s processes, policies, or strategies. Discover the basics of change management by reading Profit.co’s article, Change Management: A Deep Dive into the Fundamentals
- To learn about situational leadership, the Hersey-Blanchard situational leadership model, the maturity levels, examples, and how it improves team performance, check out the Profit.co article Situational Leadership: What is it and How it Works?
- Profit.co’s A Complete Guide to Work Breakdown Structure article provides everything you need to know about using a work breakdown structure in project management and tips for creating a WBS from scratch with some examples
Behavioral Economics
- The Dunning-Kruger effect is a cognitive bias that makes individuals overestimate their abilities and intelligence. Read The Psychology of the Dunning–Kruger Effect article from Profit to overcome this bias and improve self-awareness.co
Performance Management
- Leveraging and sustaining competitive advantage is vital. Profit.co’s guide, “The Seven Types of Competitive Advantage,” offers a detailed overview of how to use these advantages effectively in your business or organization. Check out the guide to learn more.
KPI Library
- Customer retention is a cost-effective strategy to retain customers for your organization. The Customer Retention Rate: Definition, Formula and Benefits article from Profit.co explores the meaning of CRR, how to calculate it, and the benefits of implementing this approach.
- Read this article from Profit.co to learn more about MRR and its importance in sales and customer success teams. The Importance of Tracking Monthly Recurring Revenue