Mastering OKRs is not hard but does take commitment from the top and an understanding that changes in how you plan and collaborate take time as you are acquiring new skills and embedding new behaviors. The destination and journey can be rewarding as they can unite your whole company around a common vision and set of goals.

Chaos followed for most businesses in the wake of the Coronavirus:  the stock markets crashed, product demand fell and unexpected losses started to build up.  Most businesses did everything they could to batten down the hatches to help them best weather the storm, including stopping all discretionary investments.  But, should they have?  Most great investors, like Warren Buffett, have been quoted as saying their highest return investments were made during the middle of economic downturns.  So, theoretically, your highest return investments could be made right now, during the peak of the negative economic impact coming out of COVID-19.  So, instead of retreating right now, you may be best served long term by accelerating your long term investment efforts, if you have the capital to do so.  Allow me to explain.

One of the most important drivers of a successful management team is the relationship between the CEO and the CFO.  The CEO is often times the headstrong, overly optimistic driver of the business; and the CFO is often the more mild-mannered, ultra-conservative controller of the company’s purse strings.  Too much of one, and the business will race off a cliff, and too much of the other, and the business will suffocate.  This post will teach you how to create that perfect harmony in the relationship between your CEO and CFO.