General

OKR stands for Objectives and Key Results.
OKRs provide a collaborative goal-setting framework helping business leaders clarify their strategy and cascade what's most important throughout the wider business. All employees know exactly what they should be working on to achieve the desired business results. OKRs provide an effective way to measure performance and achievements in line with the strategic direction and vision of the business. We recommend having no more than 3 Objectives that focus specifically on the 'what' you want to achieve. These should be significant, action-orientated and inspirational to encourage motivation. The more tightly focused they are, the better.
Key Results are stepping stones or milestones set to help you achieve each of the Objectives, against which you can clearly monitor performance to signal whether you are on target or not. We recommend having no more than 5 Key Results per Objective to maintain a tight focus and avoid overwhelm. Key Results should be measurable, specific, time-bound and whilst they need to be realistic, it's essential they include a suitable amount of stretch to really move things forward.
Visit the Reclaro blog to view a range of informative articles focusing specifically on OKRs.
1-3-5® is a simple principle that helps businesses sharpen their focus and clarify what's most important to drive results. This system could be applied to achieve business results, health and fitness results or any other life results. The Reclaro software combines the 1-3-5® methodology with the OKR framework (Objectives and Key Results) to provide a simple yet highly effective way to cascade key business priorities, align teams and produce outstanding business results.
The 1-3-5® performance system consists of
  • 1 Clear Vision
  • 3 Objectives
  • 5 Goals, per objective
Having a 1-3-5® helps improve communication and ultimately achieve results faster, as objectives cascade throughout the business and teams become more aligned and engaged, thus becoming more effective and productive. The foundation of Reclaro is 1-3-5® which was created as a highly effective business planning methodology by our Founder and CEO, Pete Wilkinson, many years ago. Hundreds of businesses around the world use 1-3-5® to turbocharge their results.
The 1-3-5® performance system is usually applied to top-level management initially and then rolled out amongst wider teams. Most 1-3-5® plans apply to a period of 12 to 18 months for which you clarify 1 Vision, set 3 Objectives to achieve that Vision, and break down each objective into 5 Goals.
To find out more, please visit our 1-3-5® Explained page.
Many hugely successful businesses such as Google, Facebook, Airbnb, Spotify, Intel, LinkedIn, Amazon, Dropbox, Eventbrite, Microsoft, Netflix, Salesforce, Slack, Twitter, Uber and Yahoo all launched OKRs in their early days to accelerate growth. Each of these has grown immensely over the past decade. However, they all started somewhere and were much smaller than they are now.
We find that those who benefit the most from using the 1-3-5® planning methodology are businesses that want to accelerate growth, achieve their desired results faster and wish to maintain effective communication as they grow at such a significant pace. Overall, we've noticed they have the following common characteristics:
  1. They have a Leadership/Management Team of 15 people or more.
  2. They have at least 50 people in the business overall.
  3. They have an annual turnover of approximately £10 million or more.
  4. They are very ambitious and want to build a profitable business that adds value to their customers and clients.
  5. They highly value their people and realise that having a more effective team would deliver improved business results.
Feedback has been very positive from those using 1-3-5® in their business.
  1. Develop a results-orientated culture of setting goals, taking action and achieving remarkable results.
  2. Individuals will feel more included in the strategic direction of the business and proactively own their 1-3-5® plans, improving performance and overall team engagement.
  3. The entire business becomes more focused and aligned towards strategic goals and key business priorities.
  4. As the pace of business increases, you'll reach your goals faster. One particular customer reported they won more contracts in the 6 months after implementing Reclaro than the previous 3 years.
  5. As a CEO or MD, all teams within the business will be aligned towards a consistent goal-setting framework, making it easier for you to assess overall team performance.

Partnerships

A partnership is a legal structure where two or more people or entities come together to conduct business. Partnerships can be formed by individuals, corporations, or other types of organisations and are governed by a partnership agreement that outlines the rights and responsibilities of each partner.
Partnerships offer several benefits, including sharing resources, expertise, and revenue generation. They can also help businesses improve their market position by pooling their strengths and resources.
At Reclaro, we offer three different types of partnerships: Referral, Reseller and Strategic Alliance. Each one requires a different level of commitment and is rewarded in accordance with that.
Our partnership offering is open to all who wish to apply, however, our OKR software is ideally suited to ambitious companies with over 200 employees looking to align their teams and increase productivity as they grow. Those currently serving this kind of customer represent a mutually beneficial opportunity to form an effective partnership with us.
The first step is to book a 15-Minute Discovery Call with our Founder and CEO, Pete Wilkinson, in which to discuss how you could work together with Reclaro. Within this call, Pete will listen to your requirements and discuss options going forward. If a partnership becomes of mutual interest and both parties wish to progress, we will send you the Partnership Agreement documentation to sign and return.
The requirements for forming a partnership vary depending on the type of partnership and the jurisdiction in which it is formed. Generally, partners must agree to work together, contribute resources to the business, and share profits according to the terms of their partnership agreement.
Choosing the right partner for your business requires careful consideration of several factors, including each partner's skills, experience, and financial resources. It's important to choose a partner who shares your values and goals for the business and who is committed to working collaboratively to achieve those goals.
The risks of a partnership include the potential for disagreements between partners, the risk of personal liability for the partnership's debts and obligations, and the possibility of partners leaving the business or being unable to contribute to the partnership as expected.
Profits are typically distributed among partners according to the terms of their partnership agreement. In a general partnership, profits are usually split equally among partners, while in a limited partnership or limited liability partnership, profits may be distributed according to the percentage of ownership held by each partner.
Disagreements between partners can be resolved through negotiation, mediation, or arbitration. The partnership agreement should outline the procedures for resolving disputes and may require partners to seek outside assistance if necessary.
This depends on the level of partnership agreement entered into. As a referral partner, you would pass sales-qualified leads to Reclaro for us to contact directly. As a reseller or a strategic alliance, this is something that should be mutually agreed upon as added to the partnership agreement in advance of any business activity commencing.
The partnership can be dissolved by mutual agreement of the partners, by the expiration of the partnership term, or by the death or bankruptcy of a partner. The partnership agreement should outline the procedures for dissolving the partnership and distributing its assets.
Maintaining a good working relationship with a partner requires open communication, mutual respect, and a shared commitment to the business's success. It's important to establish clear roles and responsibilities, set realistic expectations, and communicate regularly to ensure that each partner is on the same page. It's also a good idea to have regular meetings to discuss the progress of the business partnership and any issues that may arise, and to address any conflicts or disagreements promptly and professionally.
By working collaboratively and maintaining a positive, respectful relationship, you can help ensure the success of your partnership and your business.
A partnership may be right for you if you want to share resources, expertise, and risks with another party and if you want to benefit from the pooling of resources that a partnership can offer. However, partnerships also require a high level of trust and collaboration between partners and may not be the best option if you prefer to maintain control over all aspects of your business.
It's important to carefully consider your goals and needs, as well as the skills and resources of potential partners, before deciding if a partnership is a right choice for you. It may be helpful to consult with a legal or financial professional to discuss the advantages and disadvantages of a partnership and to help you make an informed decision.
If you have any more questions, please contact us at hello@reclaro.com.

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