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Institute
Objectives and Key Results (OKR) is an approach that focuses on the company's goals through trust-based agreements between leaders and employees. With the OKR framework in its original form, strategic business goals are aligned with the employees' active involvement, which promotes intrinsic motivation, transparency, commitment, and alignment. Inspired by the successes at Google and Intel and shaped by its use in the tech industry, the use of OKR increased across industries. Although companies within all sectors use the OKR framework, numerous implementation efforts fail. The challenges of practitioners are not fully addressed in the development of implementation concepts for OKR. One main reason is that these challenges are not taken into account in scientific publications. The paper aims to investigate to what extent existing OKR frameworks need to be adapted to provide companies with suiting implementation guidance. Firstly, OKR is placed in the context of academically widely discussed Performance Management Systems (PMS).
Secondly, criteria for successful PMS implementation are identified and used as a baseline for analyzing existing OKR implementation concepts. A systematic literature review shows the current state of research, identifying existing OKR implementation concepts from practice and theory. The OKR implementation concepts identified are systematically mapped to the series of identified criteria for PMS implementation. It is shown that the existing OKR frameworks do not address the described criteria necessary for a successful implementation of PMS, thus the adaptation of existing OKR implementation concepts is required.
Digital Leadership – Which leadership dimensions contribute to digital transformation success?
(2021)
The digital transformation of industry and
society continues to advance. While some companies are
achieving trailblazer status, others are finding it difficult to
manage or even initiate the necessary changes. Top-level leaders
play a central role in these transformational processes, as they
have the opportunity to directly or indirectly influence decisive
variables. In this article, we present the results of interviews
with 13 digital leaders who have successfully implemented the
necessary changes for the digital transformation of their
companies. The results of the interviews provide key dimensions
for leaders to digitally transform their companies.
Die digitale Transformation stellt die Unternehmensführung vor große und insbesondere auch neue Herausforderungen. Dazu gehört neben der Entwicklung neuer Positionierungsalternativen im Markt und von Geschäftsmodellen auch die Realisierung eines Führungs- und Managementverständnisses, welches die enorme Geschwindigkeit der digitalen Transformation in den Fokus stellt und bewältigen kann. Damit ergeben sich neue Perspektiven und Grundannahmen des strategischen Managements: Weg von einer planungszentrierten Sichtweise hin zu einer auf die Schaffung vielfältiger Optionen und das Denken in Szenarien ausgerichteten Sichtweise. In diesem Kapitel werden die Determinanten der Führung in der digitalen Transformation vorgestellt. Davon ausgehend werden die neuen Aufgaben der Führung, die zur Realisierung der Transformation aufzubauenden Muster von Führungsorganisationen und die für die digitale Transformation geeigneten Führungsprinzipien und -stile dargelegt. (https://link.springer.com/chapter/10.1007/978-3-662-63758-6_4)
Overview: The digital transformation of organizations continues at a frenetic pace. While some companies have achieved trailblazer status, others are finding it difficult to change and therefore are lagging. Digital leaders play a pivotal role in this transition because they can increase the confidence of their organizations behind these often risky and disruptive initiatives. In this article, we present our efforts to i) separate the practices of digitally developing and digitally mature organizations―particularly those of their leaders, ii) determine the specific trust-building actions of digitally mature leaders, iii) develop a scale to measure the human dimensions of digital leaders, and iv) discuss the future development of a reliable scale and self-assessment tool that digital leaders can use to assess their own readiness to accelerate digital initiatives.