OKRs EXPLAINED.What are OKRs?
I will achieve (Objective)
as measured by (this set of Key Results)
ObjectivesObjectives are, in a nutshell, what you intend to accomplish. They ought to be concise, inspiring, and simultaneously challenging.
line
Key ResultsThe Key Results are a set of measures that track how you're doing with respect to the Objective. There should be 3 to 5 key results maximum for each objective.
E.g
Objective Employees feel empowered and engaged
Key Result 1Employee NPS increased by 20% from the year before.
Key Result 2100% completion rate on the quarterly engagement survey
Key Result 3100% employee engagement rate
Aligned Employees
Align the entire organization with the goals of better cross-functional cooperation and collaboration.
Agile Goals
Shorter goal cycles with frequent goal setting, tracking, and evaluation will help you better adjust to change.
Simple & Realistic
Set objectives that are straightforward to comprehend and achievable.
Increased Accountability
Teams are free to decide on the steps necessary to accomplish the goals and get the desired results.
Establish a repository of objectives, skills, and competences for each role, department, or organization, along with unique measurement scales.
Enhance the line-of-sight and track company development, communicate OKRs throughout the organization, starting at the highest levels and working your way down.
Create your own unique formulae utilizing different attributes and metrics to get scores that can be used for everything from performance reviews to promotion and appraisals.
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The Ultimate Guide to Setting up OKRs in your org
Wondering what are OKRs and how they work? Here's your detailed guide answering all your questions on OKR implementation, its benefits, and expected outcomes.
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