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Chapter 5 of "Measure What Matters" discusses the concept of Objectives and Key Results (OKRs). It explains how traditional Management by Objectives (MBOs) had limitations such as slow implementation, stagnation without frequent updates, and discouragement of risk-taking due to salary ties. The chapter then introduces OKRs as a more dynamic, flexible, and risk-encouraging alternative to MBOs. OKRs focus on setting clear, measurable goals and tracking progress towards them, fostering a culture of transparency and accountability.
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The results were impressive: in companies such as HP, where MBOs were embraced, productivity rose by as much as 56%. But, MBOs also had limitations: centrally-planned goals were slow to trickle down through the hierarchy; they became stagnant without frequent updating; or, they were tied to salaries, so that risk-taking ended up being penalized.
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Expounding upon our recent Objectives & Key Results presentation, we bring you more insights on how OKR has helped world-renowned corporations and org...
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To guide you toward outcome-based success, we created the Objectives & Key Results presentation. Follow these metric indicators to go above and beyond at work.
Articulate, track, measure, and assess your goals regularly with Objectives and Key Results (OKRs), used by Bill Gates, Larry Page, Mark Cuban, Bono, among many other business leaders and organizations. Use this OKR presentation as your loyal guide in ambitious goal-setting and meticulous, effective execution.
Establish, communicate, and measure your goals with our KPI Dashboards collection. From financial performance, to sales, to marketing efforts, this deck offers metrics that traverse a variety of departments and functions.
Need better visualizations to analyze and report top KPIs? Use these KPI Charts to input up to a million rows of raw data. Then filter a subset to view and the board automatically generate premade charts to visualize the data for reports and analysis. This could be sales data, bug or issues data, a project to-do list, features to implement, or even stock market analysis. Rename and customize up to two date ranges, two numeric values, and five drop-down values to filter and compare against each other. Then create beautiful KPI charts for analysis and reports.