The OKR (Objectives and Key Results) framework contributed significantly to Intel's growth. It was created by Andy Grove, who based it on Peter Drucker's Management by Objectives system. The OKR framework allowed workers to set their own goals and be graded on their execution, emphasizing the value of execution over expertise. This approach fostered a transparent culture that enabled Intel to be more openly connected, thereby enhancing its ability to survive competitive threats and grow.
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How did Intel grow from $1.9 billion in revenue to $26 billion under one man’s leadership? How do you keep your teams on track while encouraging emplo...
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Grove created the OKR framework based on Peter Drucker's Management by Objectives system. At his previous job, he realized the value of execution versus expertise, so he turned the classic management system on its head to allow workers to set their own goals and be graded on their execution. While Andy Grove invented OKRs, it wasn't until John Doerr introduced the system to Google in 1999 that it really took off. Doerr later wrote the book on the subject, where he also detailed how Intuit survived a series of competitive threats with a transparent culture that enabled it to be more openly connected via the OKR framework.