3. Define Success
● Achieve product market fit
● Raise series A
● Get to profitability
● Achieve a successful exit
What’s your Objective?
Be Bold! Set your objective high
5. Measure Success
● Have a Maximum of 3
● Measure success
● Track distance to target
Set Key Results
- Achieve 1 million in sales by Jan 2017
- Have 4 contracts signed by September 2017
- increase conversion rate by 10% YOY by Q4
- List top 100 employers in Berlin by Feb
Examples
6. Track your Progress
Objective:
Fly to the moon
Key Result 1:
Build a rocket that can fly to the moon by September.
Key Result 2:
Train 3 astronauts to pilot the rocket by October 18th
Key Results 3:
Launch the rocket by November 1st
on track 50 %
on track 10 %
watch out 1 %
8. Now give the OKR to your teams to set their
Goals
Per team:
● 1 Objective
● 3 Key Results
9. Empowerement
● Teams are responsible for their targets
● Teams are responsible for what they do to reach them
● They know their strengths & weaknesses
● Company Alignment
As a manager, you are responsible to ensure nothing gets in their way
and the team has the correct resources required to achieve their goals.
The team decides: what to do and how to do it.
10. Team
● Has aligned Goals
● Has cultural & skill fit
● Has open communication
● Is respectful and professional
● Has a mixture of experience and fresh talent
● Has a diverse mixture of different people
● Is able to identify weaknesses and strengths
A successful team
