Many companies use Key Performance Indicators (KPIs) to monitor their business activities. If you are trying to implement the Objectives and Key Results (OKR) method in your company, OKRs and KPIs may seem similar on the surface. You may wonder: do you need to abandon your KPIs? Can you use KPIs as OKRs? How do they work together?
While both KPIs and OKRs assess business performance, they actually serve different purposes.
KPIs measure business performance over time, whereas OKRs align company priorities and measure progress toward future goals.