Objectives and Key Results
Today’s reading pick:
Objectives and Key Results
This thorough guide will help you decide whether to use objectives and key results (OKRs), and will teach you to do so effectively. OKR master Paul Niven and Ben Lamorte provide details, definitions and examples, as well as the types of objectives, the right number of key results, how to score and grade your progress, when to meet and how often, and even what features to seek in OKR software. More than 200 pages about OKR may seem like a stretch – and there is a bit of extraneous material – but those who must lead an OKR initiative, especially novices, will value this substantive guidance.
Key Take Aways of this Book
Objectives and key results (OKRs) have spread throughout all parts of industries.
Objectives describe what you want to do. Key results tell you whether you did it.
OKRs give employees a common language, knowledge of what’s important in the organization and shared purpose.
Before starting with OKRs, know exactly why you want to use them.
Every OKR initiative requires a committed, determined executive sponsor, and alignment up, down and across the company.
Develop and deliver an OKR academy.
Create OKRs, starting with objectives. Objectives deliver incremental business value; they inspire collaboration and greater effort.
Create two to five measurable key results for each objective.
Track progress against your OKRs.
License an OKR software to help manage the process.
OKR goes on indefinitely and becomes a part of your culture.
Enjoy reading and improving!