What is OKR?
Discover the Power of Objectives and Key Results (OKR):
An influential framework designed to define and track objectives and their outcomes. At its core, OKR establishes clear company and team objectives, intricately linked with measurable key results. Serving as both a critical thinking framework and an ongoing discipline, OKR ensures that employees collaborate seamlessly, channeling their efforts towards making measurable contributions. Unlock the potential of structured goal-setting and foster a culture of impactful achievement with OKR
What is an Objective?
An objective is a concise statement outlining a broad qualitative goal designed to propel the organization forward in a desired direction. Basically, it asks, “What do we want to do?” A well-worded objective is time-bound (doable in a quarter) and should inspire and capture the shared imagination of your team.
OKR example: Drive better attendance at our annual user conference to boost the member experience.
What is a Key Result?
A key result is a quantitative statement that measures the achievement of a given objective. If the objective asks, “What do we want to do?” the key result asks, “How will we know if we’ve met our objective?”
For the objective above (Drive better attendance at our annual user conference to boost the member experience) a key result could be: Increase the number of attendees from 350 to 600.