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How to use OKRs to achieve your year end goals

Don’t fret–it’s not too late to make a real impact in the last quarter. Just ask successful companies like Google, Dropbox, and Intel, who are all relying on a sophisticated yet simple goal setting process called OKRs, or “Objective and Key Results.”

Learn What an OKR really is and how the process works;
What a good OKR looks like and what a bad one looks like; Examples of other companies that are using OKRs; How to get started using OKRs in your team or organization

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How to use OKRs to achieve your year end goals

  1. 1. It’s not too late! How to use OKRs to achieve your year end goals What an OKR really is and how the process works Webinars
  2. 2. IT’S NICE TO MEET YOU. Wendy Pat Fong Director of Customer Success @7Geese #GetOkrs Kelly Batke Director of Marketing, 7Geese Darren Cunningham VP of Marketing, SnapLogic
  3. 3. AGENDA 1. What are OKRs? 2. Why OKRs work 3. How to write an OKR 4. How SMART are your OKRs? 5. What happens after you set your OKRs 6. Who is using OKRs 7. Q & A
  4. 4. WHAT ARE OKRS? ! OKRs stands for Objectives and Key Results. It is a method of defining and tracking objectives and their outcomes
  5. 5. POLL #1 Where do you currently store your goal setting? In a goal setting platform/technology I store them in Excel or Word I write them down on paper We don’t store them anywhere
  6. 6. WHY OKRS? • Alignment and business performance • Accountability and focus • Visibility and communication • Engagement and motivation
  7. 7. ALIGNMENT AND BUSINESS PERFORMANCE • Alignment of top priorities on organizational, departmental, and individual levels • Cascade from top to bottom and vice versa for alignment • Company as a whole is heading towards same direction
  8. 8. ACCOUNTABILITY AND FOCUS Seeing the direct impact of an individual objective has on the overall success creates: • Accountability: Taking responsibility of the objectives one has set and making sure that they are reached • Focus: Ability to prioritize the objectives that have a direct impact on peers and company
  9. 9. VISIBILITY AND COMMUNICATION Objectives are public! • Promotes transparency in the organization • Communication is centered around priorities: • “What can I do to support you?” • “How are we doing as a team?” • “Where are we at?”
  10. 10. ENGAGEMENT AND MOTIVATION • Motivating to see progress • Ability to show what one has accomplished • Sense of identity when there is a direct impact on the success of company • Higher quality of teamwork
  11. 11. POLL #2 Do your employees know what the company objectives are? Yes, absolutely Probably, we talk about it a lot Definitely not I really don’t know
  12. 12. SO WHERE DO WE START? Objective (for organization) • “What is the outcome?” • “What are we trying to accomplish?” Key results • “What are the specific things I need to do?” • “How do I know I am successful?” • “What factors can I fully control?”
  13. 13. OKR EXAMPLE IN BUSINESS CEO: Grow Business • VP Sales: Grow revenue to $2M • $1M in North America • $1M in Europe and Asia • VP Engineering: Launch mobile app • Hire 3 mobile developers • Launch mobile app in App Store • Have 100K users using new app by June
  14. 14. CASCADING OKRS
  15. 15. HOW SMART ARE YOUR GOALS?
  16. 16. NOT SO SMART GOALS Not so Specific: “Grow Sales” Not so Measurable: “Generate more leads for sales” Not so Attainable: “hire and train three new developers” Not so Relevant: “Write a new blog post every month” Not so Timely: “Launch new website”
  17. 17. WHAT HAPPENS NEXT? Score after the quarter Assess the results Readjust if necessary
  18. 18. WHO IS USING OKRS?
  19. 19. SNAPLOGIC • Company founded in 2006, based in San Mateo, CA • 2010 decision was made to build a completely new cloud integration platform • New development team leaders from Google drove decision to adopt OKRs SnapLogic.com
  20. 20. RECOMMENDATIONS • Get company-wide buy in on how and why to implement OKRs the right way ! • While your rolling out OKRs, get started right away with the Recognition portal
  21. 21. 7GEESE
  22. 22. 7GEESE
  23. 23. Try 7Geese Now! 30-day free trial - no risk. www.7Geese.com
  24. 24. THANKS FOR JOINING! A recorded version of this Webinar will be available on our blog at blog.7geese.com Webinars
  25. 25. Q & A

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