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OKRs are dead (do this instead)

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In the fast-paced and dynamic business landscape, organisations are constantly seeking ways to transform themselves to stay competitive and achieve their goals. Goal setting plays a crucial role in driving success and progress. While OKRs (Objectives and Key Results) have gained popularity as a goal-setting framework, it has become evident that they have limitations when it comes to addressing the strategic aspects of business transformation. This blog post explores the shortcomings of OKRs and introduces VSOM (Vision, Strategies, Objectives, and Measures) as a superior alternative, providing a more comprehensive tool for effective business transformation.

The Limitations of OKRs:

While OKRs are effective for goal setting, they have some inherent limitations that make them less suitable for strategic business transformation:

👏 "Goodbye OKRs, Hello VSOM! When you're ready to take your business transformation to the next level. #VSOMRevolution #StrategicTransformation"🚀💡

Introducing VSOM: A Strategic Framework for Transformation:

VSOM offers a robust and comprehensive framework that addresses the strategic questions necessary for successful business transformation:

The Power of VSOM in Business Transformation:

VSOM vs OKRs is Strategic vs. Tactical 👍
VSOM vs OKRs is Strategic vs. Tactical 👍

VSOM offers several advantages over OKRs and facilitates successful business transformation:

👏 Why settle for goals when you can have a vision? #RedefineSuccess #VSOMvsOKRs" 🚀💡

Conclusion

In conclusion, while OKRs are useful for goal setting, they lack the strategic depth required for successful business transformation. VSOM, on the other hand, provides a comprehensive framework that addresses the strategic questions, engages stakeholders, and aligns transformation efforts with the organisation’s vision. By embracing VSOM, businesses can unlock the true potential of strategic business transformation and drive sustainable success in today’s dynamic marketplace. It’s time to move beyond OKRs and embrace VSOM as the preferred approach for achieving meaningful and impactful transformations.

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Hope you find that useful. If you did, let me know in the comments below what you like and would like to see next, and share this with anyone you think would benefit from it!

Thank you for reading this!

Sincerely,

Signature-Heath

Heath Gascoigne

P.S. If you want to join our Business Transformator community of 2,000+ like-minded Business Transformators, join the community on the Business Transformator Facebook Group here.

P.P.S. If you want to learn more about business transformation, check out The Business Transformation Playbook here.

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Heath Gascoigne

Hi, I'm Heath, the founder of HOBA TECH and host of The Business Transformation Podcast. I help Business Transformation Consultants, Business Designers and Business Architects transform their and their clients' business and join the 30% club that succeed. Join me on this journey.

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