# Can you compare OKRs to the Balanced Scorecard?

Objectives and Key Results (OKRs)

##### Post Metadata
- Posted at: about 8 years ago
- Net upvotes: 1


## Comments
### Comment 1

Many companies will use the Balanced Scorecard in combination with objectives and key results (OKRs) in the following way—the leadership team uses the different perspectives of the Balanced Scorecard to finalize their financial and non-financial metrics. Objectives and key results (OKRs) is then used to communicate how all objectives from the organizational level are aligned to the team level OKRs, and eventually to the individual level.

Is there a magic formula to make them work seamlessly together? The answer is “No”. For both Balanced Scorecard and objectives and key results (OKRs), there are no single solutions that fit all. It’s important to take what works the best for the organization into consideration. As mentioned before, the Balanced Scorecard is a great stepping stone to developing your objectives and key results (OKRs). It encourages you to look at the different perspectives of an organization and make sure that you are not missing out on any core aspect of your business. Objectives and key results (OKRs) are beneficial to share with the whole organization on what needs to be executed for everyone to be successful.

##### Comment Metadata
- Posted at: about 8 years ago
- Author title: Senior Marketing Specialist at 7Geese




## Related Product
[7Geese](https://www.g2.com/products/7geese/reviews)

## Related Category
[Performance Management](https://www.g2.com/categories/performance-management)

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