Thursday, February 11, 2010

Using Social Media to Manage by Objectives

The New York Times recently ran an interview with Mark Pincus, the C.E.O of Zynga. It's an interesting interview. Pincus talks about the importance of employees feeling like they're in charge of something: everyone should be C.E.O. of something. He also talks about hiring people who are still hungry for success and managing people by asking them to articulate a few key objectives for the week.

Regarding his method of managing, Pincus says:

John Doerr [the venture capitalist] sold me on this idea of O.K.R.'s, which stands for objectives and key results. It was developed at Intel and used at Google, and the idea is that the whole company and every group has one objective and three measurable key results, and if you achieve two of the three, you achieve your overall objective, and if you achieve all three, you’ve really killed it.


We put the whole company on that, so everyone knows their O.K.R.'s. And that is a good, simple organizing principle that keeps people focused on the three things that matter — not the 10.


Then I ask everybody to write down on Sunday night or Monday morning what are your three priorities for the week, and then on Friday see how you did against them. It’s the only way people can stay focused and not burn out. And if I look at your road map and you have 10 priorities for you and your team, you probably don't know which of the three matter, and probably none of the 10 are right.


I can look at everyone's piece of paper, and their road map shows every item you were going to do and your predicted results and actual results, and then the results are in red if you missed them, yellow if they're close and green if you passed them. I think road maps are a great principle just for managing your life. It keeps everybody focused, and it lets me know what trains are on or off the tracks.

For me, the phrase that leapt off the page here was "piece of paper." Sure, one could track all these objectives on paper, but I think it makes more sense to post this information on blogs or wikis, where the objectives would be visible to all and where tagging could be used to tie individual objectives to larger departmental or organizational objectives. In other words, instead of using paper, use Jive or MindTouch or Thought Farmer. That makes the objectives amenable, too, to importing into BI tools or simple graphing tools sometimes included in these platforms. And if some objectives are sensitive or confidential, role-based access controls could be used to make them visible only to authorized managers.

There's been lots of talk about how social media platforms help workers share information and expertise. The oft-cited example is a worker discovering which colleagues in other departments have relevant expertise. Social media platforms help people discover and nurture such connections.

I hope that in the coming years, more organizations realize what powerful tools these platforms can be for strategic planning: for collecting information for use in strategic plans and for disseminating and tracking strategic objectives. Let's use these platforms for sharing information up and down the organization, as well as across, and for making strategic objectives visible and understandable to all.

1 comment:

Anonymous said...

I agree with making your goals visible and tagging them to bigger company goals. I work for a company, 7Geese, which is developing a social achievement software with the focus of making goals visible and rewarding people.