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How to set goals using OKRs

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How to set and implement OKRs in order to meet objectives.

Published in: Leadership & Management

How to set goals using OKRs

  1. 1. OKR (Objectives and Key Results) HOW TO SET GOALS USING OKRS Wilder Gonzales Román
  2. 2. AGENDA • What are OKRs? • Structure • How to set Goals • SMART model • How to implement OKRs
  3. 3. What are OKRs? Invented by Intel, popularized by venture capitalist John Doerr, and now adopted by companies including Google, LinkedIn and Zinga. It is a management technique for recurring (usually monthly or quarterly) planning and progress reporting. It's main goal is to connect company, team and personal objectives to measurable results, making people move together in right direction.
  4. 4. • Objectives are ambitious, and should feel somewhat uncomfortable. • Key Results are measurable; they should be easy to grade with a number (at Google use a 0 – 1.0 scale to grade each key result at the end of a quarter)
  5. 5. • OKRs are public; everyone in the company should be able to see what everyone else is working on (and how they did in the past) • The “sweet spot” for an OKR grade is .6 – .7; if someone consistently gets 1.0, their OKRs aren’t ambitious enough. Low grades shouldn’t be punished; see them as data to help refine the next quarter’s OKRs.
  6. 6. OKRs are not TODOs They are result of TODOs, how the tasks made it better.
  7. 7. OKRs are not synonymous with employee evaluations. OKRs are about the company’s goals and how each employee contributes to those goals.
  8. 8. Make feature X (Not OKR) Rich improvement % with feature X (OKR)
  9. 9. How to set Goals: SMART model Specific: The more specific, the better your OKRs are. Relevant: 70-20-10 model Measurable: Must have a number Attainable: Real Time-Bound: How long should the objectives be?
  10. 10. How to implement OKRs • List 3 objectives you want to atrive for on each level • For each objective, list 3-4 key results to be achieved • Comunicate objetives and key results to everyone • People regulary update each result on a 0-100% scale • When objectives results reach 60-70% consider it done • Review OKRs regulary and set new ones
  11. 11. OKR Sample Improve English comunication Complete online training levels / review resources 5 % Increase English chat/video chat sessions 9 % Write blog articles 3 %
  12. 12. OKR Sample Develop better prospecting QA skills Increase test cases rate execution 20 .8 Implement test cases automation 5 .5 Track partner tasks progress 3 .6
  13. 13. How OKRs Help Me Become a Better Employee • OKRs keep me focused -> objectives • OKRs allow me to prioritize better -> e.g. 70-20-10 • OKRs guide me on how to make an impact -> cascade • OKRs encourage me to support others -> public • OKRs create conversations with peers and managers -> results
  14. 14. Thanks!
  15. 15. Source • http://www.gv.com/lib/how-google-sets-goals-objectives-and- key-results-okrs • http://blog.7geese.com/2013/08/09/okr-7-tips-on-setting- your-objectives-and-key-results/ • http://www.quora.com/OKRs-Objectives-and-Key-Results

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