Objectives and Key Results
Grow your understanding of objectives and key results.
Objectives and Key Results (OKRs) is a goal-setting framework individuals and organizations use to define and track progress towards achieving their objectives. It's typically used to translate a company strategy into clearly understood, immediate objectives that can be actioned by development teams. OKRs were first introduced by Intel and later popularized by companies such as Google, LinkedIn, and Twitter.
OKRs can help us achieve our company goals because they:
Focus on results: OKRs focus on outcomes rather than outputs. By setting measurable OKRs, we can track progress toward achieving our goals and ensure that we're making real progress.
Align teams: OKRs help align teams around a shared set of goals. By cascading OKRs down through the organization, we can ensure that everyone is working towards the same objectives and that their efforts are coordinated and aligned.
Prioritize efforts: OKRs help us prioritize our efforts on the most important initiatives. By defining OKRs that are aligned with our company goals, we can ensure that we're focusing our resources on the initiatives that will have the biggest impact.
Create accountability: OKRs create accountability for results. By writing clear OKRs, we can ensure that teams are responsible for achieving their goals and that progress is tracked and reported on regularly.
Foster continuous improvement: OKRs help us foster a culture of continuous improvement. By setting stretch goals and tracking progress toward achieving them, we can encourage teams to experiment, take risks, and continuously improve their processes and outcomes.
By implementing OKRs, we can ensure that everyone is working towards the same objectives and that our efforts are aligned and coordinated toward achieving our most important goals.
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