Objectives and Key Results explained (New OKR Crash Course)
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- Опубліковано 7 тра 2024
- New to OKR? Or, just simply need a refresher on OKR basics? This is your one-stop-shop video for everything you need to get started with Objectives and Key Results.
We'll explain what OKRs are, provide you with OKR examples, share why you need OKR, clarify the difference between OKRs and KPIs, and give you best practices.
Disclaimer: This is the latest version of our OKR crash course!
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What we'll cover:
0:00 - What are Objectives and Key Results?
0:35 - Objectives explained with example
1:14 - Key Results explained with example
2:58 - Initiatives explained with examples
3:46 - Difference between Goals and OKR
5:20 - A brief history of OKR
6:27 - The difference between OKRs and KPIs (OKR vs KPI)
8:23 - Execute strategy with OKR
10:28 - The OKR rhythm
13:06 - OKR best practices - Навчання та стиль
after looking at many videos, this one made it click for me. Amazing explanation, thanks for this
Underrated video, thank you for to the point, detailed and simple explanation. Great job.
This is the simplest Explanation of OKRs I've heard. Thank you
One of the most powerful descriptions of OKRs! Thanks for sharing
This was a great and informative video. My company has just started initiating this process but had not fully explained it. Your video helped me clearly understand and comprehend how to move forward. I took lots of notes and feel more knowledgeable. Thanks!
Excellent!
Very good and concise explanation of OKRs. I would estimate that many (most?) OKR initiatives fail or flounder and you address many of the key areas to reduce this possibility. I particularly like the introduction of initiatives. KR definitions are all over the map. For example, in Measuring What Matters, John Doerr makes the claim “if it doesn’t have a number then it is not a KR” and then goes on to show examples which don’t contain a number!. Also, you address directly or implicitly several areas that most OKR initiatives ignore or pass over. Namely, the need for clarity of goals and priorities which starts with a coherent winning strategy and sensible planning (i.e. budget), the importance of focus which is derived from the strategy, the importance of organizational alignment around the above and the distinction between OKRs and KPIs. Thanks!
Awesome Video. Simple and to the point but very informative.
Very useful, detailed and well explained video about OKR .
Thanks!
Love the addition of Initiatives. There seems to be thousands of differing meanings for Key Results, depending on the person you ask. Clarifies a couple of things, thanks.
Very useful and educative, thank you 🙏👌
🎯 Key Takeaways for quick navigation:
00:05 🎯 OKR has three components: Objective, Key Results, and Initiatives.
00:37 🚀 Objectives provide direction, must be clear, inspiring, and free of jargon.
01:08 📈 Key Results quantify objectives, specific metrics with start and target values.
02:10 🌟 Key Results focus on outcomes, not just outputs or tasks.
03:06 🏁 Initiatives are projects to achieve Key Results and move towards Objectives.
03:39 🔄 OKR differs from traditional goals, driving alignment and progress.
06:46 📊 KPIs measure ongoing processes, while OKRs drive innovation and change.
08:14 🗺️ OKR boosts alignment, requires clear strategy, and focuses on priorities.
10:13 ⏰ OKRs operate on different cadences (annual, quarterly), enhancing progress.
12:18 🛑 Reflecting on and closing OKRs is crucial for learning and improvement.
13:15 ✅ Key takeaways: Less is more, strategy precedes OKRs, transparency, OKRs and KPIs differ, establish a rhythm.
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Great video!
world-class course
MVSTG + OKR + KPI + RM + CLCA + ARL. Mission, Vision, Strategy, Tactics, Goals (SMART). I would put Intiatives in a category under Innovation (new/ creativity) covered under the Mission, Vission. RM - Risks and Mitigation, CLCA - Closed Loop Corrective Action, ARL - Assessments + Reflections + Lessons Learnt. Follow this consistently for best results by a highly engaged purpose driven team.
Thanks for sharing. This looks like you pieced all these pieces together from experience.
Have you documentation on these topics I could learn about?
@@grahambutler734 Yes it is a "book" of experience, which is to be written.
This one corporate jargons... hard!!
Gonna find some synergies to address some opportunities while you're at it?
@@mephik True but they are a collective experience of many, not just one. It would make sense if you understand and follow it to fast track your career. Do you play Go, chess or checkers or something else. My comment maybe useful to some to learn more or just say it is corporate jargon and move on. Choice is simple for you.
yeah that guy sounds like a dude who talks all day but does no work
@@mephik
That's the quietest train, great insulation and sound dampening!
thanks a lot, you got a new subscriber!
00:05 OKR has three components - Objective, Key Results, and Initiatives.
01:56 Understand the components of an OKR
03:57 OKR helps in structuring goals for more clarity and focus.
05:58 OKRs and KPIs are completely different, but complementary, goals.
07:56 Implementing OKR helps align organizations towards a common goal
09:53 Your strategy inspires your KPIs and OKRs.
11:49 Setting the right cadences is key to successful execution with OKRs.
13:36 Implement a clear strategy, ensure transparency, utilize both OKRs and KPIs, and standardize OKR processes
Watch at 1.25x or greater 😅
Thank you man. appreciate the vid.🫡👌🏽
Excellent video !