KPI goals represent the results of the efforts mad efor the projects currently underway. On the other hand, OKRs should be neither too easy nor unreachable. In other words, they are not easy to achieve, but when the goals are reached, they are the factors that trigger growth by increasing the team and company motivation.
OKR has greater depth than KPI and provides a better framework for taking on new projects, ventures, even new directions for your business.
An OKR vs KPI comparison is as different as chalk and cheese even though they both contain keys, but one is a combination that contains the other. Because of their complementary scope, OKRs and KPIs are natural companions.
To illustrate the differences between KPI and OKR, you can think of KPIs as experiences on the road to success. Suppose you have set up a new start-up. You will have to go and try many ways until you reach your desired growth, and of course these roads can lead to success or failure. However, failures are actually the tools that form the basis of success. But of course, they do not bring it directly. In other words, the ultimate growth is achieved with OKRs based on the experiences stored in KPIs.
Hence, as a result, while KPIs are used to monitor the process, OKRs solve problems by providing accurate solutions.