Profit.co

Features

OKR Management

Profit. co’s OKR module is a goal management and execution system used to collaborate and achieve stretch goals through check-ins, feedback, continuous learning, collaboration, and problem-solving. The OKR software is intuitive and highly versatile, assisting companies in implementing OKRs with ease. Some user-friendly features like OKR templates and step-by-step guides to create Objectives and define their Key Results using KPIs help beginners learn and align without losing productivity. Profit. co’s platform also includes 400+ predefined KPIs that allow users to make an easy choice. OKRs help companies prioritize goals, save time, engage employees & execute strategies with limited resources, fostering effective leadership and a high-performance culture.

Task Management

The Task Management module is a further extension of the OKR module. The Objectives linked to key results are broken down into tasks through the features present in the task management module. It allows users to connect their tasks to their Key Results. Users can quickly see how their daily tasks contribute to the achievement of the quarterly Key Results. Users have complete visibility of the OKRs aligned to key results linked to tasks. People at the higher levels can assign tasks to others in the organization. Improves accountability and empowers employees by connecting their work to higher-level Objectives and Key Results.

Employee Engagement

Employee Engagement is crucial to improving execution. The Profit.co platform and the PEEL methodology build employee engagement into execution. Employees are an integral part of an organization and are vital to executing objectives and goals. Profit.co recognizes the necessity for employee engagement and has numerous built-in features like team meetings and 1:1 meetings, and People can record their experiences during check-ins and add their “appreciation and comments” on check-in done by others. People can also use “@ notifications and Hashtags” to improve engagement on social media platforms. Awards and surveys can also be initiated within the employee engagement platform to facilitate team spirit and inclusion. Also, for executive presentations, users can download their OKR execution status as PPT and share it for review.

Performance Management

The performance management module is an essential requirement for any organization. Under the OKR-centered Profit. co’s module, OKRs, and Performance Management are typically not linked to encouraging people to “Think big and take stretch goals’ ‘ without worrying too much about the impact on their bonuses. But once the practice of taking stretch goals is established, probably after 2-4 quarters of implementing OKRs, many organizations like to make the OKRs and their execution status available for self and manager appraisals. Our Performance Management module empowers employees and HR managers to be appraised on the performance of their OKRs during the performance review process. It Helps improve employee morale as the performance appraisals are “fairer,” reducing the scope for bias.

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About the company Profit.co

Founded in 2018, Profit.co, HQ in Fremont, CA, USA, is an enterprise OKR platform, integrated with Performance Management, Task Management, Employee Engagement and Strategy execution. Profit.co was designed around OKRs. Every feature on the platform is OKR-centric – industry experts, customer feedback, and constant iteration has been used to provide the best possible solution that helps teams easily track their goals and measure their progress. Profit.co promotes full-company transparency, so when any individual, team leader, department head, or c-level executive inputs their OKRs, the entire company can see what their goal is, what outcomes they need to achieve, and how their OKRs align to larger company goals. Check-ins are a vital part of the OKR framework. Traditionally, check-ins are completed on a weekly or biweekly basis, depending on the preferences of the company. This is an opportunity for key result owners to update their progress after their week or two weeks of hard work. The value, status, and comment on the key result should all be updated. With its easy-to-use UI, Profit.co enables businesses to practice OKRs at every level of an organization.

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