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Change Management

OKR vs. EFQM

Comparing the EFQM excellence model to the OKR goal management framework.

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Rob Davies
Jan 06, 2018 • 10 min read
4.33 (6)
OKRs
EFQM Model
Organizational Change Management
Goals
Business Agility
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Summary

Rob Davies delivers the first part of his OKR and other frameworks series exploring how the Objective Key Results framework is akin to and differs from the EFQM framework. We learn how the European Foundation for Quality Management model was founded, the history behind it, and its benefits and relationship with OKRs. Dive into the article to learn more about these two frameworks.

Takeaways

  • EFQM Excellence Model aims to help, organizations understand where they are on a “path to excellence” and then provides the tools and techniques to measure improvement over time.
  • EFQM has a much broader scope than OKR. It presents some key conceptual tools used to understand and manage the complexity of organizations, the management of key stakeholders, and their relationship with the outside world, all within the context of implementing a model of excellence. While is simple, focused, and concerned only with turning strategy into clear business goals and measuring results. This lightweight structure makes OKR simple for everyone in an organization to understand, and it consists of only four central concepts: Objectives, Key Results, Initiatives, and Cadences.
  • EFQM was founded back in 1989, shortly before the fall of the Berlin Wall, by a consortium of European business leaders. The goal of EFQM was to establish a formalized management framework designed to help organizations become more effective, thereby increasing the overall competitiveness of the European economy.

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