Ever wondered what common mistakes organizations make in goal setting and how to avoid them? You're in the right place! In this video, Sara Lobkovich answers a critical question from a recent livestream: "What mistakes do organizations commonly make when setting goals, and how have OKRs been beneficial?"
Learn about the importance of distinguishing between stretch goals and mandatory goals, the pitfalls of not identifying progress or process goals, and the dangers of relying solely on traditional business metrics. Discover how No-BS OKRs can provide a structured framework to overcome these obstacles and improve organizational performance. Also, get some great goal setting tips to help you make your goal setting practices more impactful.
Sara Lobkovich helps changemakers and status quo challengers create clear goals, stay focused, and build cultures of growth and high performance. Interested? Drop me a question or a note at hello@redcurrantco.com.
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00:00 Introduction to Goal-Setting Challenges
00:23 Distinguishing Between Stretch and Mandatory Goals
01:04 Trust Issues and Goal Penalties
02:03 High Performers vs. Mediocre Performers
03:00 The Role of OKRs in Goal-Setting
03:09 Common Pitfalls in Organizational Goal-Setting
04:17 The Importance of Measurable Goals
05:19 Beyond Traditional Business Metrics
06:11 Innovative Goal Measurement Techniques
07:11 Conclusion and Final Thoughts