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    Whatareokrsandhowtogetstarted 171004121702

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    Anuraj S.L
    OKRs (Objectives and Key Results) is a goal-setting technique where companies and teams define objectives and key results to measure progress towards goals. Objectives should be ambitious yet actionable, while key results are specific and measurable metrics. OKRs benefit companies by providing clarity, focus, and accountability. They help ensure employees are aligned and working towards the most important priorities. Regularly tracking and sharing OKRs keeps everyone updated on progress. Tools like Google Sheets or online software can help teams set up and manage their OKRs.

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    Whatareokrsandhowtogetstarted 171004121702

    Uploaded by

    Anuraj S.L
    186 views16 pages
    OKRs (Objectives and Key Results) is a goal-setting technique where companies and teams define objectives and key results to measure progress towards goals. Objectives should be ambitious yet actionable, while key results are specific and measurable metrics. OKRs benefit companies by providing clarity, focus, and accountability. They help ensure employees are aligned and working towards the most important priorities. Regularly tracking and sharing OKRs keeps everyone updated on progress. Tools like Google Sheets or online software can help teams set up and manage their OKRs.

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    OKRs (Objectives and Key Results) is a goal-setting technique where companies and teams define objectives and key results to measure progress towards goals. Objectives should be ambitious yet actionable, while key results are specific and measurable metrics. OKRs benefit companies by providing clarity, focus, and accountability. They help ensure employees are aligned and working towards the most important priorities. Regularly tracking and sharing OKRs keeps everyone updated on progress. Tools like Google Sheets or online software can help teams set up and manage their OKRs.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    186 views16 pages

    Whatareokrsandhowtogetstarted 171004121702

    Uploaded by

    Anuraj S.L
    OKRs (Objectives and Key Results) is a goal-setting technique where companies and teams define objectives and key results to measure progress towards goals. Objectives should be ambitious yet actionable, while key results are specific and measurable metrics. OKRs benefit companies by providing clarity, focus, and accountability. They help ensure employees are aligned and working towards the most important priorities. Regularly tracking and sharing OKRs keeps everyone updated on progress. Tools like Google Sheets or online software can help teams set up and manage their OKRs.

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    What are

    &
    How to Get
    Started?
    Objectives and Key Results Guide
    By Weekdone
    Do you set and track goals in your company?

    2/ 2/ 80 50 40
    3 3 % % %

    of of senior of small of employees of people that


    organizations managers can’t business owners know what write down
    struggle to name their don’t keep track is expected goals don’t
    implement their firms’ top of business of them at check whether
    strategies. priorities. goals. work. they’ve
    achieved them.
    50%

    33%

    19%

    50% of senior leaders and 33% of Those who send weekly progress reports
    managers and 19% of front-line to friends achieve more.
    employees update their goals throughout
    the year as business needs change.
    What are OKRs?

    Objectives and Key Results is a


    popular technique of setting C Set quarterly goals
    company, team, and personal goals C One direction
    then connecting each goal with 3- C Measure progress
    4 measurable results. As you C Share it with others
    achieve those results, the whole
    objective gets marked done.

    Exa mpl e :

    Objective: Understand the factors that influence company's 50


    revenue %
    Key Result: Conduct 12 online client surveys 6-12
    surveys
    Key Result: Map the customer journey and its KPI's in a detailed
    report 50-100 %
    OKR Benefits

    COMPANY:
    Mobility - OKRs suit for
    everyone, regardless of the
    industry or size

    DEPARTMENT:
    Productivity and accountability - OKRs help
    you measure and envision what success
    looks like

    TEAM:
    Brings focus & clarity - people move together towards important goals,
    not small unimportant tasks

    INDIVIDUAL:
    Clear communication & alignment - make sure each individual knows what is expected of
    them and what others are focusing on
    Objectives: your goals

    What I want to
    accomplish?

    Example Objective:
    Understand the factors that influence company's revenue

    · Actionable - goals that a


    team or an individual can
    execute
    · Challenging - aim for a
    70% achievement rate
    · Inspirational - tied to the
    company mission and
    excite employees
    Key Results: evaluation of achievement

    How I will accomplish it?

    Example key r e s u l t s :

    · Conduct 12 online client surveys


    · Map the Q2 customer journey and its KPI's in a detailed report

    Specific: Defined and mutually understood?


    Measureable: 0-100% progress, dollars, items, units, grade rating, project phases
    Achievable: Is it realistically possible to do?
    Relevant: is this key result important for your objective?
    Time-bound: when the goal must be met? (quarterly)
    Who else uses OKRs?

    OKR w a l l o f fa m e
    DOWNLOAD
    E-BOOK

    Get started with OKR goal setting!


    Download the step by step guide with
    practical examples, templates and case
    studies.
    OKR hierarchy and alignment

    · Top-down and bottom-up, both OK


    · Easier to start from Company level
    · Lower level Objective
    becomes higher level Key
    Results
    OKRs tree ß Toggle all · Link weekly tasks to
    view Objectives
    − Company
    − Increase our recurring revenues 32%

    − Marketing Decrease initial churn via better onboarding

    Mary Moose Create new onboarding materials


    John Keats Conduct A/B testing of new
    onboarding
    − Marketing
    − Decrease initial churn via better onboarding 13%

    Mary Moose Create new onboarding materials


    John Keats Conduct A/B testing of new
    onboarding
    Keys to OKRs success

    Objectives Key R e s u l t s
    · Less is more - 3 Objectives (max 5) · 3-5 max
    · Set quarterly · Evaluate and mark progress weekly
    · Be ambitious - goals that matter · Numeric and measurable
    · Public and online in frontof all · Say NO to non-OKR activities
    employees · Focus on outcomes not activities
    · Keep metrics out of objectives

    OKRs determine what you do Examples of bad Key Results


    daily
    · Talk to customers about our
    · What should I do next? product
    · What should I focus on? · Keep working on new website
    · How far am I? · Support our sales team
    Examples of good OKRs

    & Activate user-testing of our product 50 %


    KRConduct 21 face to face user testing & interview 0-21 surveys
    sessions 0-15
    KRReceive at least 15 video interviews from interviews
    Usertesting.com
    & Finish raising new capital for our growth needs 50 %
    KRE-mail and phone outreach to 100 VCs and seed funds 0-100
    KRGet at least 30 second contact meetings or conference outreaches
    calls 0-30
    & Increase our recurring revenue 50meetings
    %
    KRThe share of monthly subscriptions increased to 0-85%
    85% increase
    KRReduce churn to less than 1% monthly 0-1 done

    For more examples visit


    okrexamples.co
    OKR checklist - get started now

    1. 2. 3.
    Determine the List 1-3 key results, Add 1-2 objectives.
    primary objective which measure your Remember, don't list
    driving your ability to reach that too many objectives.
    company/team. objective.
    KR
    Q1 Q2 Q3 Q4 + Dv tevvvvv
    De emine
    + Dete micne + Dvve eine
    KR Dete
    mine KR l
    te mine

    4. 5. 6.
    When you've run Ask your team to come Go over and
    through the OKR up with OKRs based on finalize team OKRs
    process, it's time to the overall company together.
    repeat the process objective.
    company/team wide.
    + Dete mine
    KR e emi ne + Dete miner + Dete miner
    + D ete mine + te min e + te min e
    KR De emine + Dete mine + Dete mine
    How to get your team on board?

    Explain employee benefits:

    · Clarity of what is expected of you


    · Increase productivity by focusing on the right
    goals
    · Get praise and know what others are doing
    · Less reporting and easier to give feedback
    OKR tools

    Options
    :

    Use Google spreadsheets to set Use an online OKR


    and track your OKRs (Google goal-setting and tracking
    OKR spreadsheets to get a software
    template)
    TRY OUT AN OKR
    TOOL

    Need a simple online tool for OKRs?


    Set and track your quarterly goals with Weekdone

    www.weekdone.co
    m
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