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Objectives:
• ambitious
• qualitative
• time bound
• actionable by the team
Key Results:
• measurable and quantifiable
• make the objective achievable
• lead to objective grading
• difficult, but not impossible
The best practice of setting and communicating company, team
and employee objectives and measuring their progress based on
achieved results.
Objectives
and Key Results
Company
Team
Personal
Results can be based onImplementing OKR’s:
1) List ~3 objectives you want to strive for on each level.
2) For each objective, list 3-4 key results to be achieved.
3) Communicate objectives and key results to everyone.
4) People regularly update each result on a 0-100% scale.
5) When objective’s results reach 70-80%, consider it done.
6) Review OKR’s regularly and set new ones.
Performance
Growth
Engagement
Revenue
"It's not a key result
unless it has a number."
Marissa Mayer
objectives at
any time
3
key results
per objective
3
Set quarterly
Reviewed
monthly or weekly
Public and online
in front of all
employees
Sweet spot to
achieve % of
the results
70%
# Best Practices
First developed and implemented by
Andrew Grove, President, at Intel.
Andy Grove’s introduction to OKR’s in
“High Output Management”:
Where do I want to go?
How will I know I’m getting
there?
Popularized by John Doerr, VC at Kleiner
Perkins Caufield & Byers to his portfolio
companies. In 1999 told Larry, Sergey and
team at Google to implement it. Used at
Google successfully to this day.
1970’s
1999
2014+
# History
# Famous Users
weekdone.com
Use Weekdone to set and monitor OKR's
“If you are using an OKR's based management approach,
Weekdone is the best tool I've seen for documenting
what the objectives are and keeping them all aligned to
each other. It's a no brainer!”
Lyle Stevens
co-founder &
CEO of Mavrck
employees understand
their company’s
strategy and direction
employees say their
manager clearly
communicates goals and
objectives
of workers feel
engaged by their
jobs
are satisfied with their
organization’s system for
managing their
performance
14% 58% 13% 47%
* Goals must be supported by the entire organization.
* Goals must be measurable or have quantifiable targets.
* Goals should be aggressive yet realistic.
“We put the whole company on that, so everyone knows
their O.K.R.’s. And that is a good, simple organizing prin-
ciple that keeps people focused on the three things that
matter — not the 10.”
John Doerr
Mark Pincus
CEO of Zynga
“
“
$4.2 mln$ $ $In an organization of 1000 employees, moving a workforce
from low to high engagement can have an impact of over
OKRs should become more important the more senior an
employee becomes. When you’re in a leadership position,
“You are sending the signal to the rest of the organiza-
tion that ‘this matters,’” Weiner says.
“The right way to look at OKRs is a way to communicate so there’s clarity of
purpose.” “Having public goals forces different types of thinking around how
people ask for help from others,” Davis says.
“OKRs are not designed to be used as a weapon against your employees,” he
says. “They are a tool for motivating and aligning people to work together. They
increase transparency, accountability and empowerment."
Jeff Weiner
CEO of Linkedin
Angus Davis
CEO of Swipely
“
“
Increase our recurring
revenue
• The share of monthly sub-
scriptions increased to 85%
• Average subscription size of
at least $295 per month
• Reduce churn to less than 1%
monthly
Improve internal
employee engagement
• Average weekly satisfaction
score of at least 4.8 points
• Conduct weekly Fun Fridays
all-hands meetings with an
external speaker
• Implement OKR’s in all teams
and departments by January
31st
Implement user-testing
process
• Conduct at least 4 face to
face testing sessions per week
• Receive at least 15 video
interviews per month from Us-
ertesting.com
• Make sure at least 80% of
people interviewed are from
our core target group (Direc-
tors, VP’s, CEO’s)
# Examples of good OKR’s
weekdone.com
Use Weekdone to set and monitor OKR's
“If you are using an OKR's based management approach,
Weekdone is the best tool I've seen for documenting
what the objectives are and keeping them all aligned to
each other. It's a no brainer!”
Lyle Stevens
co-founder &
CEO of Mavrck
RELATED CONTENT
HOW TO SET SMART
GOALS
10 WAYS TO IMPROVE
INTERNAL
COMMUNICATION
9 UNIQUE TRAITS OF
HIGH-PERFORMANCE
TEAMS
ways
to improve
internal
communication
Practical tips to:
Increase employee engagement
Improve company competitiveness
Build stronger teams
weekdone.com
HOW TO SET
S M A R T
GOALS

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OKR - Objectives and Key Results Methodology, used by Google, LinkedIn and others

  • 1. Objectives: • ambitious • qualitative • time bound • actionable by the team Key Results: • measurable and quantifiable • make the objective achievable • lead to objective grading • difficult, but not impossible The best practice of setting and communicating company, team and employee objectives and measuring their progress based on achieved results. Objectives and Key Results Company Team Personal
  • 2. Results can be based onImplementing OKR’s: 1) List ~3 objectives you want to strive for on each level. 2) For each objective, list 3-4 key results to be achieved. 3) Communicate objectives and key results to everyone. 4) People regularly update each result on a 0-100% scale. 5) When objective’s results reach 70-80%, consider it done. 6) Review OKR’s regularly and set new ones. Performance Growth Engagement Revenue "It's not a key result unless it has a number." Marissa Mayer
  • 3. objectives at any time 3 key results per objective 3 Set quarterly Reviewed monthly or weekly Public and online in front of all employees Sweet spot to achieve % of the results 70% # Best Practices
  • 4. First developed and implemented by Andrew Grove, President, at Intel. Andy Grove’s introduction to OKR’s in “High Output Management”: Where do I want to go? How will I know I’m getting there? Popularized by John Doerr, VC at Kleiner Perkins Caufield & Byers to his portfolio companies. In 1999 told Larry, Sergey and team at Google to implement it. Used at Google successfully to this day. 1970’s 1999 2014+ # History
  • 6. weekdone.com Use Weekdone to set and monitor OKR's “If you are using an OKR's based management approach, Weekdone is the best tool I've seen for documenting what the objectives are and keeping them all aligned to each other. It's a no brainer!” Lyle Stevens co-founder & CEO of Mavrck
  • 7. employees understand their company’s strategy and direction employees say their manager clearly communicates goals and objectives of workers feel engaged by their jobs are satisfied with their organization’s system for managing their performance 14% 58% 13% 47%
  • 8. * Goals must be supported by the entire organization. * Goals must be measurable or have quantifiable targets. * Goals should be aggressive yet realistic. “We put the whole company on that, so everyone knows their O.K.R.’s. And that is a good, simple organizing prin- ciple that keeps people focused on the three things that matter — not the 10.” John Doerr Mark Pincus CEO of Zynga “ “ $4.2 mln$ $ $In an organization of 1000 employees, moving a workforce from low to high engagement can have an impact of over
  • 9. OKRs should become more important the more senior an employee becomes. When you’re in a leadership position, “You are sending the signal to the rest of the organiza- tion that ‘this matters,’” Weiner says. “The right way to look at OKRs is a way to communicate so there’s clarity of purpose.” “Having public goals forces different types of thinking around how people ask for help from others,” Davis says. “OKRs are not designed to be used as a weapon against your employees,” he says. “They are a tool for motivating and aligning people to work together. They increase transparency, accountability and empowerment." Jeff Weiner CEO of Linkedin Angus Davis CEO of Swipely “ “
  • 10. Increase our recurring revenue • The share of monthly sub- scriptions increased to 85% • Average subscription size of at least $295 per month • Reduce churn to less than 1% monthly Improve internal employee engagement • Average weekly satisfaction score of at least 4.8 points • Conduct weekly Fun Fridays all-hands meetings with an external speaker • Implement OKR’s in all teams and departments by January 31st Implement user-testing process • Conduct at least 4 face to face testing sessions per week • Receive at least 15 video interviews per month from Us- ertesting.com • Make sure at least 80% of people interviewed are from our core target group (Direc- tors, VP’s, CEO’s) # Examples of good OKR’s
  • 11. weekdone.com Use Weekdone to set and monitor OKR's “If you are using an OKR's based management approach, Weekdone is the best tool I've seen for documenting what the objectives are and keeping them all aligned to each other. It's a no brainer!” Lyle Stevens co-founder & CEO of Mavrck
  • 12. RELATED CONTENT HOW TO SET SMART GOALS 10 WAYS TO IMPROVE INTERNAL COMMUNICATION 9 UNIQUE TRAITS OF HIGH-PERFORMANCE TEAMS ways to improve internal communication Practical tips to: Increase employee engagement Improve company competitiveness Build stronger teams weekdone.com HOW TO SET S M A R T GOALS