Humans are hardwired to seek real-time rewards. Happy chemicals, like Dopamine, light up our brains when we achieve something. Adding game elements to business management unleashes this powerful phenomenon.
Paul Niven, President of the Senalosa Group, Inc. discusses how gamification can be used to revitalize the Balanced Scorecard.
Paul Niven is a management consultant, an author and a public speaker on the subjects of corporate strategy and performance management systems, like the Balanced Scorecard.
What if there was a Fitbit for business, something that tracked the health of your organization? Well, we’ve got it.
Available internationally, improved game components, real-time communication between teams, added notifications and other improvements.
MyObjectives focuses on the team effort, reinforcing the truth that when we play the game together we succeed together.
The Balanced Scorecard (BSC) and Objectives and Key Results (OKRs) were viewed similarly. Then Google came along and had great success using one.
Scoring for the performance management system, OKRs, has evolved over time. And likely will continue to be fine-tuned.
Are Objectives and Key Results (OKRs) too focused on the short term? Not if you add the company mission to the equation.