Betterworks is a cloud-based enterprise software company that provides solutions for managing performance, goal-setting, and employee engagement. The company’s primary focus is on providing a platform that enables organizations to align, develop, and manage their employees’ performance. The Betterworks platform is designed to support continuous performance management, which is a process of setting and tracking goals throughout the year, providing feedback and coaching, and recognizing and rewarding achievements.
Betterworks is a relatively new company, founded in 2013 by a team of entrepreneurs with backgrounds in technology and HR. The company’s mission is to help organizations create a high-performance culture by empowering employees to set and achieve meaningful goals, providing managers with tools to coach and support their teams, and giving executives visibility into their organization’s progress towards achieving strategic objectives.
The Betterworks platform is easy to use, intuitive, and highly customizable, allowing organizations to tailor the system to their specific needs and requirements. The platform is built around the concept of OKRs (Objectives and Key Results), a framework for setting and tracking goals that has become increasingly popular in recent years. OKRs are used by many of the world’s leading companies, including Google, LinkedIn, and Airbnb, to align teams around common objectives and drive results.
One of the key features of the Betterworks platform is the ability to set and track goals at all levels of the organization, from individual contributors to executives. The system provides real-time visibility into goal progress, enabling managers to provide timely feedback and coaching to help employees stay on track and achieve their objectives.
Betterworks also includes tools for conducting performance reviews, providing feedback, and setting development plans. The platform supports both continuous feedback and more formal performance reviews, enabling managers to provide ongoing coaching and support throughout the year.
In addition to its performance management features, Betterworks also includes tools for employee engagement and recognition. The platform enables managers to give regular recognition and rewards to employees who demonstrate exceptional performance, fostering a culture of recognition and positivity.
Overall, Betterworks is an innovative and comprehensive platform that provides organizations with the tools they need to manage performance, align teams around common objectives, and foster a culture of continuous improvement. The company’s focus on OKRs, continuous performance management, and employee engagement makes it a valuable resource for organizations looking to improve their performance management practices.
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