
At Philips 62% of employees think their department KPIs and OKRs are clear. Employees’ understanding of Philips' KPIs and OKRs is essential for its success. Out of 22 Philips employees who’ve answered, “Are your company’s goals clear and are you invested in them?” 13 have said yes.
A main function of a managerial role is to lead one’s subordinates. A manager at Philips is responsible for ensuring his subordinates accomplish objectives using key performance indicators. Philips employees shared they generally receive helpful feedback once a quarter or once a year, while 63% of Philips employees said they’re given recognition for their impact & accomplishments. Feedback and positive reinforcement are both conducive to meeting goals.