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OKR Best Practices. Useful tips for creating Objectives & Key Result

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OKR Best Practices. Useful tips for creating Objectives & Key Result

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Keep your employees Focused, Motivated and Aligned. OKRs make workflow transparent, synchronized between teams and concentrated on the common goal

Our OKR Book includes all the things you need to know about OKR, answers to common questions and comments from seasoned HR-consultants. It will help you understand the OKR framework and how to implement it in your company.

Keep your employees Focused, Motivated and Aligned. OKRs make workflow transparent, synchronized between teams and concentrated on the common goal

Our OKR Book includes all the things you need to know about OKR, answers to common questions and comments from seasoned HR-consultants. It will help you understand the OKR framework and how to implement it in your company.

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OKR Best Practices. Useful tips for creating Objectives & Key Result

  1. 1. OKR Best Practices Useful tips for creating Objectives & Key Result
  2. 2. OKR (Objectives and Key Results) is a objective process used by Google, Spotify, Zalando, Twitter, LinkedIn and many more. It is a simple tool to create alignment and engagement around measurable objectives. This is the OKR framework The big difference from traditional planning methods OKRs are frequently set, tracked, and re-evaluated – usually quarterly. OKR is a simple, fast-cadence process that engages each team’s perspective and creativity. Creating alignment in the organization is one of the main OKR benefits. The goal is to ensure everyone is going in the same direction, with clear priorities, in a constant rhythm. OKR system is not only for digital companies. Walmart, Target, The Guardian, Dun and Bradstreet, and ING Bank are also using OKR.
  3. 3. • 3-4 Objectives max per level (e.g. per company / department / person) • 2-5 Key Results max per Objective • Objectives are ambitious and should feel somewhat uncomfortable • Key results are measurable and should be easy to grade with a number (Google uses a scale of 0 – 1.0) Steps to successfully set up goals with OKR
  4. 4. • OKRs are public so that everyone in the organization can see what others are working on - this promotes cross functional alignment Steps to successfully set up goals with OKR • The “sweet spot” for an OKR grade is 60% – 70%; if someone consistently fully attains their objectives, their OKRs aren’t ambitious enough and they need to think in a larger scale
  5. 5. • Low grades should be viewed as data to help refine the next OKRs • OKRs are not synonymous with employee evaluations • OKRs are not a shared to-do list • Follow up with weekly, monthly and quarterly check-ins. This is very important, and pls do not forget “1-1s” Steps to successfully set up goals with OKR
  6. 6. Also: • Shorter cadence fosters agility. Set a substantial part of your OKRs on quarterly basis • Focus on what matters most (do not mix with core values, core competencies, mission statements and other terms for a buzzword bingo) • Secure sponsorship on all management levels - management has to buy in • Make a plan before launch Download OKR Guide
  7. 7. Design team Design website for new project KR1: Sketch out 3 drafts for homepage and features site. KR2: Launch out the 3 examples of the structure of website before July 4th. KR3: Review the examples with 3 departments: IT, Marketing, Sales. OKR Examples Management team Launch a new product sucessfully KR1: Attract organic 100.000 views to usage videos on social media within the first 3 months. KR2: Set up 3 training sessions on this new product for Marketing & Sales. KR3: Assist Product Marketing in reviewing their technical documents by August 30th. Sales team Increase the quality of our sales approach KR1: Create a best practices sales process document KR2: Have each salesperson spend at least 84 hours per month on support chat KR3: Make sure at least 50% of signups called back in first 24 hours
  8. 8. Click here and start free trial Heartpace account Henrik Dannert, CEO, Heartpace OKRs makes workflow transparent and synchronized between teams and focused on the common objective. /Heartpacesweden /heartpace-ab

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