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Objectives and Key Results

Objectives and key results is a framework for defining and tracking objectives and their outcomes.

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Objectives and Key Results

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  1. Objectives and Key Results

  2. What are OKRs? Objectives and Key Results (OKR) is a popular leadership process for setting, communicating and monitoring quarterly goals and results in organizations.

  3. The goal of OKRs is to connect company, team and personal objectives in a hierarchical way to measurable results, making all employees work together in one unified direction. OKRs are usually implemented in special OKR software.

  4. How to use OKRs? Once defined, communicate OKR objectives and key results to all stakeholders and make sure they are understood. If needed, tune the wording together to have a common understanding. As people start working, they update their result indicators regularly - weekly is a good period. An objective is considered done when 70-75% of its results have been achieved. If 100% of objectives results get done, it's not considered ambitious enough.

  5. Review OKRs regularly, as needed. Be flexible. If your company, team or personal goals change, feel free to change the OKRs together as well. No process should be more important than common sense and everyday business.

  6. When to use OKRs? It's said if you're looking to implement just one best practice management tool in your team or company, Objectives and Key Results should be it. Whenever you want your people move in right direction, just implement OKRs and have the employees follow your vision. No wonder OKRs have taken Silicon Valley and the rest of the world by storm.

  7. For more details about the OKR Software visit the official link. https://www.profit.co/okr-lounge/what-is-okr/

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