How to Write OKRs: OKRs That Work Part 2 of 6

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  • Опубліковано 27 лют 2020
  • Build your AI transformation Strategy in 30 Days 🚀 ➝ onstrategyhq.com/ai-contact-2/
    Learning how to write OKRs is dependent on understanding the anatomy of an OKR. OKR (Objectives and Key Results) is a methodology for setting and cascading goals through an organization. We put them at a company-wide, team, and individual level.
    Our objectives (Os) should describe the outcome or “what” we will deliver to the organization. It needs to be ambitious and uncomfortable. The key results (KR) are the “how” we achieve the outcome. There is generally a handful of KRs that work toward delivering the O.
    KRs will often reset every quarter. Using our example, we tasked our first key result as growing revenue from new markets 0-10%. While going from 0% to 10% would be quite the leap in our first quarter, we may set a target to reach 1% by the upcoming quarter and reset the target for the next quarter to 2%. Or, a KR could simply be a project that can quickly be completed in a quarter, in which case you can just replace the KR with a new one for the next quarter.
    Other essential points on how to write OKRs:
    ● Assign each person two to three OKRs
    ● An individual should own a whole “stack” of an OKR
    ● Write your OKRs using verbs or actions as the intent
    ● Make sure your OKRs are measurable, either verifiable or quantifiable
    ● Look for opportunities to have impact measures within your key results (something that goes beyond company profit, for example, environmental impact)
    More information is available at www.OnStrategyHQ.com
    Download the guide here - onstrategyhq.com/okrs-that-wo...
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КОМЕНТАРІ • 16

  • @Sanjay_Basnotra108
    @Sanjay_Basnotra108 4 роки тому +3

    Very useful. Very appropriate for micro-companies too.

  • @subtleashtheimmortal
    @subtleashtheimmortal Рік тому

    Dakota johnson is an OKR trainer?
    Apologize for the light joke, what a fantastic explanation. Loved it.

  • @gabrielcuro458
    @gabrielcuro458 3 роки тому

    Thanks a lot!

  • @manasemwanza3871
    @manasemwanza3871 4 роки тому +1

    Thank you

  • @jennyvinyl85
    @jennyvinyl85 4 роки тому +1

    I am struggling with verbs in the KRs since they lead you to write activities rather than results. Wouldn’t be better to write: “market revenue increased from X% to Y%”, rather than what you have in your blackboard?

    • @virtualstrategist
      @virtualstrategist  3 роки тому

      Check out our whitepaper on OKRs for more guidance: onstrategyhq.com/okrs-that-work-download/

  • @aymancoioni3958
    @aymancoioni3958 3 роки тому

    Exselant

  • @martincortes702
    @martincortes702 3 роки тому

    I dislike when people teach concepts they don't fully understand and this is me just learning yesterday about OKR's. Your KR's on the board are mostly initiatives and not KR's which are really outcomes

    • @virtualstrategist
      @virtualstrategist  3 роки тому

      Sorry you are having trouble with this, there are plenty of other resources here to help with OKRs: onstrategyhq.com/okr/

  • @ajithaboobacker5278
    @ajithaboobacker5278 4 роки тому +1

    Hi Erica, all your videos are really useful. Thank you for sharing the same. Can I have your email ID to get some clarifications on the tools available on these strategic planning, etc.