{"id":5518,"date":"2022-11-21T07:22:51","date_gmt":"2022-11-21T07:22:51","guid":{"rendered":"https:\/\/businessner.com\/?p=5518"},"modified":"2022-11-21T07:25:53","modified_gmt":"2022-11-21T07:25:53","slug":"avoid-the-quiet-quitting-phenomenon-with-okr-software-founder-and-ceo-pete-wilkinson","status":"publish","type":"post","link":"https:\/\/businessner.com\/avoid-the-quiet-quitting-phenomenon-with-okr-software-founder-and-ceo-pete-wilkinson\/","title":{"rendered":"Avoid the Quiet Quitting Phenomenon with OKR Software Founder and CEO, Pete Wilkinson"},"content":{"rendered":"
A peculiar trend has been circulating and permeating some of the largest workforces in the country. This trend has come to the attention of some of the most influential billionaire CEOs, including the likes of <\/span>Elon Musk<\/span><\/a> and <\/span>Mark Zuckerburg<\/span><\/a>, who\u2019ve both made significant warnings and staff cuts associated with productivity loss.<\/span><\/p>\n Coined as \u201cquiet quitting\u201d, this trend has grown rampant through the social media platform, TikTok and refers to the withdrawal of employees from their work, some saying is \u201can antidote\u201d to hustle culture. The desire for salaried employees to work fewer hours whilst still retaining their positions is further fueled by the growing hybrid work culture.<\/span><\/p>\n Founder and CEO of <\/span>Reclaro<\/span><\/a>, an OKR software, <\/span>Pete Wilkinson<\/span><\/a>, makes a fair comment about how overall workplace productivity has decreased steadily in the past decade and how instrumental it is to have an adequate tool in the marketplace to help organizations combat these issues. \u201cThe productivity puzzle costs the average mid-level SME in the UK \u00a32.1 million a year,\u201d Wilkinson says.<\/span><\/p>\n As an antidote to the overall productivity challenges in the coming decade, Pete has been working on Reclaro for several years to bring software that visually and structurally integrates OKRs and a clear vision into the daily workflow of every employee in large organizations.\u00a0 Pete discusses his \u2018why\u2019 behind building Reclaro and his grand vision for a more productive and aligned workforce.<\/span><\/p>\n Interviewer: Is Reclaro your first software company? If so, what inspired you to build it, and how steep was the learning curve?<\/b><\/p>\n Pete: <\/b>I had a retail business before Reclaro. What prompted me to build a software business stems from a system I created in business school called 1-3-5\u00ae. I was frustrated at how much emphasis gets put on building a strategic plan, but not on the execution of that plan. So the concept of the 1-3-5\u00ae framework was to establish one centralised vision, three mission-critical objectives, and five measurable key results for each objective. I built that over 10 years ago and started to speak about it, as well as consult on it. Around five years ago, people were using the methodology in static PDFs.<\/span><\/p>\n However, there are limitations to that and what you can put into a spreadsheet format. It wasn’t until around 2017 that we started thinking about if there was a better way to help people use the plan. From a perspective of a consultant or a speaker, the objective is always how can I reach and help more people. There were people in my audience who started commenting that this methodology would be great if it was an app.\u00a0<\/span><\/p>\n So that\u2019s what triggered us to build a software business; so that we could reach more people and have a bigger impact.<\/span><\/p>\n Interviewer: How do you aim to differentiate yourself in the marketplace?\u00a0<\/b><\/p>\n Pete:<\/b> The way we differentiate ourselves is through a few main points. The first one is simplicity. Our software is very easy to use and has a light touch system that directs what you should be working on without getting in the way of your work. There\u2019s software out there that has all these features but ends up becoming more complex to use. Our software addresses the bare essentials of what you should be doing today, and whether you\u2019re making progress toward your objectives.\u00a0<\/span><\/p>\n The second thing we have is dial-based software. When you look at other systems, they have tick boxes, extensive lists, and such. We are very dial-oriented such that it\u2019s very easy to visualize which key results are connected to which objective, and which three objectives feed into the vision and they\u2019re all updated in real-time. When I show our product to potential prospects in demos, they tend to have a very positive response to this dial system and they love the visual representation of progress.\u00a0<\/span><\/p>\n