Objectives and key results (OKR) software are dedicated tools for setting, communicating, tracking, and measuring goals and results within businesses. Within OKR software, management can easily set and monitor goals for teams and individuals. These tools serve as an effective alternative to informal channels like instant messaging or comments within other tools for goal check-ins, where progress can be difficult to track and even easy to lose. With OKR software, team members have a specific and centralized place to record their goal progress, road blockers, and completion, allowing management to measure overall productivity across the organization.
Some performance management systems will include OKR features in their offerings in addition to the 360-degree feedback and review mechanisms normally found in those products. OKR software also has some overlap with task management software, though the former is more concerned ensuring daily tasks are aligned with overall team and/or company goals.
To qualify for inclusion in the Objectives and Key Results (OKR) category, a product must:
Allow users to create, categorize, and visually prioritize goals
Provide check-in and update tools for goal contributors
Include feedback and recognition functionality
Offer reporting and tracking functionality to measure productivity
