This document discusses Objectives and Key Results (OKRs), a goal setting framework where organizations define objectives and their measurable outcomes. It originated from Andy Grove at Intel and was introduced to Google by John Doerr. OKRs comprise qualitative objectives and 2-5 quantitative key results to measure progress. Unique aspects include use by organizations of all sizes, short goal cycles, public transparency, and bidirectional goal setting. Implementing OKRs can provide agility, alignment, reduced goal setting time, employee engagement, autonomy, accountability, focus, bolder goals. Potential pitfalls to avoid include lack of alignment, inconsistent expectations, overfocus on metrics, and directly linking to evaluations/compensation.