Intro

<aside> 💡 "If you don't know where you're going, you might not get there" - Yogi Berra

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<aside> ➡️ "This is our high-level strategy and here are the OKRs"

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Definitions

OKRs is a collaborative goal-setting protocol for companies, teams, and individuals

A management methodology that helps to ensure that the company focuses efforts on the same important issues throughout the organisation

Objective - WHAT is to be achieved

• Significant, concrete, action oriented and (ideally) inspirational
• Objective can be long-lived, rolled over

Key Results - HOW we get to the objective

• Specific and time-bound, aggressive yet realistic
• Measurable and verifiable (it's not a key result unless it has a number)
• No grey area, you either meet a key result's requirements or don't

Company size and OKRs

Startups: gives backers a yardstick for success

• We're going to build this product, and we've proven the market by talking to twenty-fixe customers, and here's how much they're willing to pay

Mid-size: OKRs are a shared language for execution

• What do we need to get done (and fast), and who's working on it?
• Everyone's aligned, vertically and horizontally

Larger enterprises: neon-lit road signs

• Demolish silos and cultivate connections
• Give rise to fresh solutions
• Keep every stretching for more

Effective OKR system

• Links goals to a team's broader mission
• Respects targets and deadlines while adapting to circumstances
• Promotes feedback and celebrates wins
• Expands our limits to strive beyond the reach
• Conviction and buy-in at the top

4 OKR Superpowers

#1: Focus and Commit to Priorities (Focus)

• Focusing on what's important and clear on what doesn't matter
• Precision communication tool for departments, team and individual contributors
• Impel leaders to make hard choices; give us focus needed to win