Country for PR: United States
Contributor: PR Newswire New York
Wednesday, October 14 2020 - 23:11
AsiaNet
Events of 2020 accelerate adoption of WorkBoard's Results Platform with 24 new customers and significant expansion in 27 existing customers in last 90 days
REDWOOD CITY, California, Oct. 14, 2020 /PRNewswire-AsiaNet/ --

    - WorkBoard Continues Its Strong Growth Streak And Leadership In Enterprise 
OKR Solutions 

WorkBoard, Inc., provider of the ground-breaking Enterprise Results Platform 
and the Results Acceleration methodology for enterprise OKRs, today announced 
that in the last 90 days, 24 new customers adopted its solution to align, 
measure, and accelerate results across their organizations, and 27 existing 
customers materially expanded their implementation of WorkBoard's platform and 
OKR practices. This agile operating model favored by fast-growth companies has 
now become an imperative for enterprises of all sizes. Rapid iteration on 
strategic priorities is essential, aligning on outcomes rather than measuring 
activity buoys employee contributions as well as company results, and 
transparency on progress to plan is a prerequisite to success.

As organizations look forward to 2021, many recognize they need a more dynamic, 
digital, and transparent approach to iterating on strategic priorities, 
connecting strategy to execution, and teaming for results. Companies must 
optimize their results with distributed and distracted teams; team members have 
more obligations at home and less physical connection to the company. 
WorkBoard's Q3 results show that companies across industries want more 
flexibility and focus on strategic objectives, easier ways to measure results 
that matter, and to enable distributed and hybrid teams to make their best 
contribution to company outcomes.  

"We are reimagining the operating rhythm in our business, from how often and 
how well we align on outcomes to the way we measure and manage to those 
outcomes," said Harwood Talcove, CEO, Government Lexis Nexis Risk Solutions, 
CEO Lexis Nexis Special Services. "WorkBoard has helped us improve our results 
and our competitive advantage in a challenging year."   

The CEO of Aprimo, Erik Huddleston, adds, "As I took the helm at Aprimo in 
August 2020, I immediately brought in WorkBoard to help drive clarity, focus, 
and transparency on results, even though I've yet to meet many people across 
the organization. I've used WorkBoard at two prior companies and, frankly, I 
can't imagine running a growth business without it."  

WorkBoard's new customers include 8 large health industry companies, 3 
financial services firms, and 5 tech companies. In addition to Ascension, 
Cisco, IBM, LexisNexis, Microsoft, and Tacoma Power, more than a dozen other 
customers expanded their WorkBoard implementations.   

"The 'future of work' is no longer a mirage, it arrived in March 2020," said 
WorkBoard CEO and co-founder Deidre Paknad. "Now, virtually every company needs 
to iterate on strategic priorities on a quarterly rather than annual basis and 
enable distributed team members to work with clear purpose toward cohesive 
results. The shift to outcome management and mindset serves both enterprises' 
urgent need to optimize results in uncertain times and employees' need for 
higher autonomy and meaning in their work as they face more work-home 
complexity. I'm proud that existing customers gained momentum through Q2-3 2020 
because they had high alignment and high transparency. We're equally excited to 
welcome so many new customers, a number of whom moved from spreadsheet OKRs to 
our platform -- results alignment is a crucial process and to function well at 
scale, it must be digital, transparent and data driven."    

WorkBoard's third-quarter results are an acceleration of its strong growth in 
2020. After tripling sales in 2019 and announcing a $30 million funding round 
led by Andreessen Horowitz in January, WorkBoard also sustained its 
category-leading NPS rating for enterprise OKRs and strategic planning software 
(Source: G2Crowd). In addition to rising demand for its Results Platform, there 
is also very high demand for WorkBoard's OKR Coach Certification program. 
WorkBoard certified 650 new OKR coaches in Q3 on top of more than 2,000 coaches 
that previously graduated from the program.   

About WorkBoard

WorkBoard is the leader and pioneer in business results management solutions 
which help organizations drive growth and create advantage through higher 
results alignment, transparency, and accountability. Its Enterprise Results 
Platform has been adopted by Cisco, IBM, Juniper, Microsoft, Zuora and many 
others.  Its expert advisory service and enterprise OKR methodology help 
customers quickly adopt a more nimble approach to strategy and realize better 
results in just one quarter. WorkBoard's OKR Coach Certification program, 
started in 2018, is the industry benchmark with more than 2,000 coaches 
certified to help their organizations better align on outcomes and measure 
results more effectively.    The company is based in Redwood City, California 
and has more than $65 million in funding by Andreessen Horowitz, GGV Capital, 
Workday Ventures, Microsoft's M12, and Floodgate.  For more information, visit 
www.WorkBoard.com or follow the company on Twitter @WorkBoardInc.  

SOURCE  WorkBoard

CONTACT: Lexi Pace, (240) 620-8977, lexi@hunt-gather.com 
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