Objectives & Key Results (OKRs) are a goal-setting framework that helps organizations set challenging and ambitious goals with measurable results. OKRs consist of an Objective, which defines what is to be achieved, and Key Results, which measure how to achieve the Objective. They link to company goals by providing a clear and direct path to achieving them. OKRs are set at various levels of the organization, including the company, team, and individual levels, ensuring alignment and focus across the organization. They are typically set on a quarterly basis and are graded at the end of the period to measure success and inform future OKRs.

Asked on the following presentation:

resource preview

Objectives & Key Results

To guide you toward outcome-based success, we created the Objectives & Key Results presentation. Follow these metric indicators to go above and beyond...

Or, start for free ⬇️

Download and customize this and hundreds of business presentation templates for free

Voila! You can now download this presentation

Download

presentation Preview

View all chevron_right

Question was asked on:

Setting unreasonable expectations -- OKRs provide challenging objectives that link clearly to company goals. But if they are unrealistic, they don't appear as credible to the staff and can discourage them. "At Google, employees set four to six quarterly OKRs; more than that is too many to manage. At the quarter's end, each employee grades his performance on a 0 to 1.0 scale. If someone hits 1.0 on every OKR, his objectives aren't ambitious enough. On the flip side, low scores shouldn't be punished but rather be used to refine the next quarter's OKRs," Fatemi shares. Shortchanging celebrations -- OKRs make a great management tool, and when you celebrate milestones and achievements throughout the process, you get a chance to recognize your team's accomplishments. Fatemi says: "If OKRs sound simple, that's because they are. But that's the beauty of them. They help companies – from Google-sized giants to tiny startups – break down big goals into bite-sized, tough-but-doabl...

Questions and answers

info icon

Yes, apart from Google, several other companies have successfully implemented OKRs. Some of these include LinkedIn, Twitter, and Uber. LinkedIn uses OKRs to align the efforts of their large workforce towards common goals. Twitter uses OKRs to keep their teams focused and aligned. Uber uses OKRs to drive their rapid growth and expansion. These companies have found OKRs to be a powerful tool for setting ambitious goals and tracking progress towards them.

OKRs (Objectives and Key Results) help companies break down big goals into manageable tasks by providing challenging objectives that are clearly linked to company goals. They allow companies to set specific, measurable, and time-bound goals that can be tracked and evaluated over time. This helps in creating a clear roadmap for achieving larger goals. At the end of each quarter, employees grade their performance, which helps in refining the OKRs for the next quarter. This continuous process of setting, tracking, and refining OKRs helps in breaking down big goals into smaller, manageable tasks.

View all questions
stars icon Ask another question