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OKR’sUse ‘m or lose ‘m!
OKR 101
I will ________ as measured by ____________.objectivekey result
Objectives are inspirational
Be Bold
How?
⋆ Qualitative
⋆ Actionable by the team independently
⋆ Use the language of the team
Leading questions
⋆ What do we want to achieve?
⋆ What do we want to change/improve?
⋆ How can we contribute to company level?
Key resultsAre we there yet?
How?
⋆ Quantitative
⋆ Observable
⋆ Difficult, not impossible
⋆ Balanced metrics
Leading questions
⋆ Imagine the perfect future
⋆ How can we tell when we reach our objective?
Success?Success is not checking a to do list.
Success is having an impact.
If you complete all tasks and nothing ever gets better, that's not success.
Rule of thumb2 objectives
2-3 key results
3-5 actions
Stretching
Be ambitious in setting goals, but...
Understand you have a breaking point
Calculate OKR results
Key Result scoreMeasure the impact of the actions
Objective scoreAverage of all Key Result Scores
Target OKR score=
0.7
Company OKR’s - Long term
Team & personal OKR’s - Mid term
Action update & intermediate scoring - Short term
Each level, its own pace
The values of OKR’s
Set the true north
Synchronize
TransparencyAmplify, don’t control
Focus“What we are NOT doing”
Action time!Let’s put theory in
practice
First step: Connecting the dots
- Form teams (3-6 people per team)
- Per team Mix & Match:
- sort Objectives from Key results
- pick one Objective and find matching Key Results
Second step: Make progress
Per team
- Choose 1 OKR
- Define ‘Actions’ to obtain success (3-5 per round)
- What can I do to reach my key results?
- Play out your Actions
- Select scoring mechanism
- Score your results
Third and final step: Evaluate OKR
Did I reach my OKR, 70% or more ?
⋆ Yes = Yay!
⋆ No = Keep or lose?
Workshop impression
Use ‘m or lose ‘m
Feedback & Questions on OKR’s?
