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OKR - a guide to objectives and key results
The document provides a guide to Objectives and Key Results (OKRs), a goal-setting methodology popularized by companies like Google and LinkedIn since its introduction by John Doerr in 1999. OKRs involve setting measurable objectives with 3-5 key results and are designed to improve team focus and communication while being visible to all team members. The methodology encourages regular check-ins and can be implemented at any organizational level to align and track goals across the company.
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OKR - a guide to objectives and key results
- 1. A guide to OKR Objec&ves & Key Results @Benchify
- 2. Origin • originated in Intel with John Doerr introducing to Google’s leadership team in 1999. Used ever since Killer credenAals • google, linkedin, zynga & mind candy Rising methodology • now being used by the vast majority of startups in the U.S. and the U.K
- 3. Overview • an ObjecAve is business goal which is usually not quanAfiable Key results • objecAves usually have 3-‐5 Key Results linked to them with clear outcomes Ratable • 6-‐7 grades out of 10 viewed as a good result. Too many 10s seen as seTng too easy OKRs!
- 4. OKR example ObjecAve • write a light-‐weight, informaAve overview of OKRs Key Results • explain the benefits of OKR • show a case in point example (that’s here, folks!) • try to squeeze O, K & R into every bullet point header… because OKRs are meant to be fun too!
- 5. Openness • Everyone can see each others OKRs Key characterisAcs • OKRs tend to be set quarterly, can be graded and are definitely not linked to remuneraAon Result oriented • OKRs provide measurable results while improving team focus, communicaAon and discipline
- 6. OperaAonal linked • Teams can align, inter-‐link and cascade their OKRs up, down and across the company Kinship • should be mutually agreed upon within the team and documented Regular • a weekly or monthly health “Check-‐in” should occur with incomplete OKRs only conAnued if sAll important
- 7. OKR summary Organisable • A goal seTng methodology which everyone can relate to and implement at any level KineAc • Spreads communicaAon across your company, inter-‐linking teams and focusing the whole company Recordable • Gradable, trackable, ratable
- 8. it’s all in OKR!
- 9. Google Ventures h#ps://www.youtube.com/watch?v=mJB83EZtAjc Business Insider h#p://www.businessinsider.com/googles-‐ranking-‐system-‐okr-‐2014-‐1 Benchify www.benchify.com @Benchify @KeeganDan