OKR Introduction

13 Nov 2019
OKR Introduction
OKR Introduction
OKR Introduction
OKR Introduction
OKR Introduction
OKR Introduction
OKR Introduction
OKR Introduction
OKR Introduction
OKR Introduction
OKR Introduction
OKR Introduction
OKR Introduction
OKR Introduction
OKR Introduction
OKR Introduction
OKR Introduction
OKR Introduction
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OKR Introduction

Notes de l'éditeur

  1. John Doerr, one of Google’s early investors and a current Board of Directors member. Doerr explained that when he joined Intel, the company was transitioning from a memory company to a microprocessor company, and Grove and the management team needed a way to help employees focus on a set of priorities in order to make a successful transition. OKRs helped them communicate those priorities, maintain alignment, and make that switch.
  2. OKRs are meant to set strategy and goals over a specified amount of time for an organization and teams. At the end of a work period, your OKRs provide a reference to evaluate how well you did in executing your objectives.
  3. In practice, using OKRs is different from other goal-setting techniques because of the aim to set very ambitious goals. When used this way, OKRs can enable teams to focus on the big bets and accomplish more than the team thought was possible, even if they don’t fully attain the stated goal. OKRs can help teams and individuals get outside of their comfort zones, prioritize work, and learn from both success and failure.
  4.  Creating unachievable goals is tricky as it could be seen as setting a team up for failure. However, more often than not, such goals can tend to attract the best people and create the most exciting work environments. Moreover, when aiming high, even failed goals tend to result in substantial advancements. The key is clearly communicating the nature of stretch goals and what are the thresholds for success. Google likes to set OKRs such that success means achieving 70% of the objectives, while fully reaching them is considered extraordinary(phi thường) performance. Such stretch goals are the building blocks for remarkable achievements in the long term, or “moonshots”.
  5. John Doerr is one of the most successful venture capitalists of all time. He started his career at Intel and went on to invest in companies such as Google and Amazon. Doerr, who introduced Google to OKR, has a formula for setting goals:
  6. “We set ourselves goals we know we can’t reach yet because we know that by stretching to meet them we can get further than we expected.”
  7. https://felipecastro.com/en/okr/what-is-okr/ Avoid expressions that don’t push for new achievements, e.g., “keep hiring,” “maintain market position,” “continue doing X.”
  8. But humans are not machines, they won’t work mindlessly. They need to know what they are doing and why they are doing it. Not to mention, how it affects everyone else and the company.
  9. 1. OKRs and KPI’s are similar but there are small but important differences. OKRs provide the missing link between ambition and reality. 2. Almost anything can be measured. If you’re struggling to find Key Results for an Objective, ask yourself “How will I know when my Objective has been achieved?”. 3. OKR and MBO are both goal setting frameworks. OKR is an extension of MBO with a focus on measuring the outcomes of the Objectives using Key Results. This makes OKR more specific than MBO.