OKR, OBJECTIVES AND KEY RESULTS
Objectives and Key Results
OKRs are an abbreviation for Objectives and Key Results. The goal-setting framework helps businesses and individuals define and track ambitious goals. OKRs were created by Andy Grove, former Intel CEO, and popularized by John Doerr, venture capitalist and author of Measure What Matters: The Simple Art of Mastering OKRs.
An OKR consists of two parts
- Objective: A qualitative explanation of what you hope to achieve. Objectives should be challenging, inspiring, and time-bound.
- Key Results: A set of 2-5 measurable metrics that will track your progress towards your objective. Key results should be specific, achievable, and relevant to your objective.
How to implement OKRs
- Define your company's values and goals
- Get buy-in from leadership
- Train your employees on OKRs
- Set ambitious OKRs
- Track your progress regularly
- Celebrate your successes when you reach your OKRs