SlideShare une entreprise Scribd logo
1  sur  12
OKR
explained in
10 slides
By Marshall King @marshallgking www.align.work
OKR = Objectives and Key Results
It’s a way for an individual, a team or a
company to stay focused and work towards
important objectives
By Marshall King @marshallgking www.align.work
Objective
An inspirational statement describing the state of affairs at some point in the future
Key Result
A measure that defines whether progress has been made towards the Objective.
An OKR
By Marshall King @marshallgking www.align.work
Purpose and Vision
Purpose
A statement explaining what the company, team or
entity is for and why it exists
Vision
An holistic description of how the company, team or entity
will look at some point far in the future
By Marshall King @marshallgking www.align.work
Alignment
Purpose
Vision
OKR 1 OKR 2 OKR 3
OKR1a OKR1b OKR1c OKR2a OKR2b OKR3a OKR3b
Company
Team
OKR OKR OKR OKR OKROKROKR OKR OKR OKR OKROKR
Individual
OKRs align to the entity
Purpose and Vision
By Marshall King @marshallgking www.align.work
Vision - 2018
Timing
Purpose
2018
Q1 Q2 Q3 Q4
OKR1
OKR2
OKR3 OKR4
OKR1a
OKR1b
OKR1c
.
.
.
Company
Teams
OKR2a OKR2b
.
.
.
Engage the teams to
prioritise and schedule
the OKRs to move
closer to the Vision
You can’t do everything
at the same time
By Marshall King @marshallgking www.align.work
Defining your OKR
Objective - describe what you want to achieve and by when
Key Result – describe how you’ll measure your achievement
Objective abandoned
Describe a poor outcome in terms of the KR
Describe outcome with some progress in terms of the KR
Describe the expected outcome of the KR
Describe a good outcome of the KR
Describe a great outcome of the KR
0
1
2
3
4
5
Key Result Outcomes KR Score
OKR Description
Describe the
OKR carefully
Decide how you
will score the
Key Result
By Marshall King @marshallgking www.align.work
Example OKR
Launch our business into the USA Market by end of Q1-2018
Delivery of a US legal entity, with staff, initial proof of concept sales, and clear
path to profitability measured in terms of sales pipeline
Plan was abandoned
US legal entity + run from UK + no local staff or sales completed
US subsidiary formed + run from UK + local manager hired + £0 sales completed + sales
pipeline >£50k in place
US subsidiary formed + local manager in place + sales >£10k completed + sales pipeline
>£50k in place
US subsidiary formed + local team hired, sales >£30k completed + pipeline >£100k exists
US subsidiary formed + local team hired + sales >£50k completed + pipeline >£100k exists
0
1
2
3
4
5
Good Key
Result Scores
help define
lower level
OKRs
By Marshall King @marshallgking www.align.work
Key Result Outcomes KR Score
OKR Description
Check In
Q1
Achievements since last check in (optional)
Next steps (optional)
Progress blockers (optional)
Estimated OKR Score at end of period, 0-5 (mandatory)
Reasons for change in estimated OKR score (mandatory)
Timing
Structure
Improvement opportunities (optional, private)
Drives focus,
helps senior
management
remove blocks,
great for 1-1
coaching
By Marshall King @marshallgking www.align.work
Check In
Reporting
Reveals areas needing more
resource or attention, reduces
risk of surprises, highlights
opportunities for commendation
By Marshall King @marshallgking www.align.work
Best practise
OKRs are public
Everyone should be able to see everyone else’s
OKRs. This promotes teamwork, communication
and cross functional understanding.
Don’t have too many at the same time
Having too many OKRs at once reduces focus.
If you need to include more OKRs, push them
forward to start in the next period.
Make Check Ins a non-negotiable habit
Check Ins drive continued focus, and let the
organisation know where extra resources might be
needed. Also superb for coaching and development.
OKRs must be measurable
Pick a Key Result for each Objective. If there is
more than one Key Result required to assess
success, break the Objective down to two
contributing Objectives, each with one Key Result.
OKRs should be stretching
Once the process is bedded in, work on having more
stretching OKRs. Research shows that staff are more
energised by challenging targets.
OKRs scores should not impact remuneration
Making OKR Scores a component of
remuneration reduces incentive to set stretching
goals, which is one of the key benefits of the
OKR program.
By Marshall King @marshallgking www.align.work
Align.Work assists companies with OKR implementation. See www.align.work for more information
Make an impact : Take responsibility : Have high standards : Continually learn and improve
A correctly managed OKR program will
engage and motivate staff to be happier,
work smarter and deliver more value to
your business.
By Marshall King @marshallgking www.align.work

Contenu connexe

Tendances

OKR - Measure What Matters
OKR - Measure What MattersOKR - Measure What Matters
OKR - Measure What MattersFiona Lin
 
GI OKR Training en 20190312
GI OKR Training en 20190312GI OKR Training en 20190312
GI OKR Training en 20190312xvaucois
 
Best Practices Of OKR Goals
Best Practices Of OKR GoalsBest Practices Of OKR Goals
Best Practices Of OKR GoalsAtiim, Inc.
 
How to set goals using OKRs
How to set goals using OKRsHow to set goals using OKRs
How to set goals using OKRsWilder Gonzales
 
Cove OKR – Objectives & Key Results
Cove OKR – Objectives & Key ResultsCove OKR – Objectives & Key Results
Cove OKR – Objectives & Key ResultsSyeda Samra Humayun
 
Introduction to Objectives and Key Results. The Basics & FAQ of OKRs.
Introduction to Objectives and Key Results. The Basics & FAQ of OKRs.Introduction to Objectives and Key Results. The Basics & FAQ of OKRs.
Introduction to Objectives and Key Results. The Basics & FAQ of OKRs.Weekdone.com
 
OKR meetup Amsterdam may 2018
OKR meetup Amsterdam may 2018OKR meetup Amsterdam may 2018
OKR meetup Amsterdam may 2018Bart den Haak
 
A comprehensive guide to okr
A comprehensive guide to okrA comprehensive guide to okr
A comprehensive guide to okrRodrigo Ferreira
 
The Guide to Objectives and Key Results (OKRs)
The Guide to Objectives and Key Results (OKRs)The Guide to Objectives and Key Results (OKRs)
The Guide to Objectives and Key Results (OKRs)BetterWorks
 
OKRs (Objectives & Key Results)
OKRs (Objectives & Key Results)OKRs (Objectives & Key Results)
OKRs (Objectives & Key Results)Chris Mason
 
Objectives and Key Results, OKRs
Objectives and Key Results, OKRsObjectives and Key Results, OKRs
Objectives and Key Results, OKRsDirk Schmellenkamp
 
14 Tips for Using OKR Goals
14 Tips for Using OKR Goals14 Tips for Using OKR Goals
14 Tips for Using OKR GoalsAtiim, Inc.
 
The European OKR Guide
The European OKR GuideThe European OKR Guide
The European OKR GuideWorkpath
 

Tendances (20)

OKR - Measure What Matters
OKR - Measure What MattersOKR - Measure What Matters
OKR - Measure What Matters
 
GI OKR Training en 20190312
GI OKR Training en 20190312GI OKR Training en 20190312
GI OKR Training en 20190312
 
Best Practices Of OKR Goals
Best Practices Of OKR GoalsBest Practices Of OKR Goals
Best Practices Of OKR Goals
 
How to set goals using OKRs
How to set goals using OKRsHow to set goals using OKRs
How to set goals using OKRs
 
Cove OKR – Objectives & Key Results
Cove OKR – Objectives & Key ResultsCove OKR – Objectives & Key Results
Cove OKR – Objectives & Key Results
 
OKR part-I
OKR part-IOKR part-I
OKR part-I
 
Introduction to OKRs
Introduction to OKRsIntroduction to OKRs
Introduction to OKRs
 
The 2023 OKRs Guide (Quantive, 2022).pdf
The 2023 OKRs Guide (Quantive, 2022).pdfThe 2023 OKRs Guide (Quantive, 2022).pdf
The 2023 OKRs Guide (Quantive, 2022).pdf
 
Introduction to Objectives and Key Results. The Basics & FAQ of OKRs.
Introduction to Objectives and Key Results. The Basics & FAQ of OKRs.Introduction to Objectives and Key Results. The Basics & FAQ of OKRs.
Introduction to Objectives and Key Results. The Basics & FAQ of OKRs.
 
OKR meetup Amsterdam may 2018
OKR meetup Amsterdam may 2018OKR meetup Amsterdam may 2018
OKR meetup Amsterdam may 2018
 
Understanding OKR
Understanding OKRUnderstanding OKR
Understanding OKR
 
A comprehensive guide to okr
A comprehensive guide to okrA comprehensive guide to okr
A comprehensive guide to okr
 
Google's OKR playbook.pdf
Google's OKR playbook.pdfGoogle's OKR playbook.pdf
Google's OKR playbook.pdf
 
OKR Playbook v1.0
OKR Playbook v1.0OKR Playbook v1.0
OKR Playbook v1.0
 
The Guide to Objectives and Key Results (OKRs)
The Guide to Objectives and Key Results (OKRs)The Guide to Objectives and Key Results (OKRs)
The Guide to Objectives and Key Results (OKRs)
 
OKR part-II
OKR part-IIOKR part-II
OKR part-II
 
OKRs (Objectives & Key Results)
OKRs (Objectives & Key Results)OKRs (Objectives & Key Results)
OKRs (Objectives & Key Results)
 
Objectives and Key Results, OKRs
Objectives and Key Results, OKRsObjectives and Key Results, OKRs
Objectives and Key Results, OKRs
 
14 Tips for Using OKR Goals
14 Tips for Using OKR Goals14 Tips for Using OKR Goals
14 Tips for Using OKR Goals
 
The European OKR Guide
The European OKR GuideThe European OKR Guide
The European OKR Guide
 

Similaire à OKR explained in 10 slides

Getting Started With OKRs (Objective Key Results)
Getting Started With OKRs (Objective Key Results) Getting Started With OKRs (Objective Key Results)
Getting Started With OKRs (Objective Key Results) The Moonshot Planner
 
ОЛЬГА СИДОРІНА "OKR та Performance management в стартапі" HR Connect
ОЛЬГА СИДОРІНА "OKR та Performance management в стартапі" HR ConnectОЛЬГА СИДОРІНА "OKR та Performance management в стартапі" HR Connect
ОЛЬГА СИДОРІНА "OKR та Performance management в стартапі" HR ConnectEventsBrilliance
 
Okr the ultimate guide to objectives and key results
Okr   the ultimate guide to objectives and key resultsOkr   the ultimate guide to objectives and key results
Okr the ultimate guide to objectives and key resultsmahdieh mohseni
 
Webinar slides with Paul Niven & Ben Lamorte “OKRs: Best Practices from the F...
Webinar slides with Paul Niven & Ben Lamorte “OKRs: Best Practices from the F...Webinar slides with Paul Niven & Ben Lamorte “OKRs: Best Practices from the F...
Webinar slides with Paul Niven & Ben Lamorte “OKRs: Best Practices from the F...Atiim, Inc.
 
Krezzo OKR Training Slides.pdf
Krezzo OKR Training Slides.pdfKrezzo OKR Training Slides.pdf
Krezzo OKR Training Slides.pdfStephen Newman
 
Mission and Vision Statements: What They Are, Why They're Important, and How ...
Mission and Vision Statements: What They Are, Why They're Important, and How ...Mission and Vision Statements: What They Are, Why They're Important, and How ...
Mission and Vision Statements: What They Are, Why They're Important, and How ...LoganMullins7
 
Improving Multi Unit Operations An Intro
Improving Multi Unit Operations  An IntroImproving Multi Unit Operations  An Intro
Improving Multi Unit Operations An Introlappell
 
The basics of OKR - Google's secret sauce
The basics of OKR - Google's secret sauceThe basics of OKR - Google's secret sauce
The basics of OKR - Google's secret sauceHenrik-Jan van der Pol
 
California Compensation Trends and Pay Practices
California Compensation Trends and Pay PracticesCalifornia Compensation Trends and Pay Practices
California Compensation Trends and Pay PracticesPayScale, Inc.
 
OKR best practices.pdf
OKR best practices.pdfOKR best practices.pdf
OKR best practices.pdfWeekdone.com
 
orca_share_media1669787875727_7003597966316716671 (1).pptx
orca_share_media1669787875727_7003597966316716671 (1).pptxorca_share_media1669787875727_7003597966316716671 (1).pptx
orca_share_media1669787875727_7003597966316716671 (1).pptxCHUBBYTITAMAESTRA
 
OKR Guide - Need of OKR for organizations.pdf
OKR Guide - Need of OKR for organizations.pdfOKR Guide - Need of OKR for organizations.pdf
OKR Guide - Need of OKR for organizations.pdfzimyo
 
Creating GREAT OKRs and a great quarterly planning process
Creating GREAT OKRs and a great quarterly planning processCreating GREAT OKRs and a great quarterly planning process
Creating GREAT OKRs and a great quarterly planning process7Geese
 
Accelerating The Impact of Customer Success
Accelerating The Impact of Customer SuccessAccelerating The Impact of Customer Success
Accelerating The Impact of Customer SuccessGuy Nirpaz
 
PERFORMANCE APPRAISAL OF COCA COLA EMPLOYEES
PERFORMANCE APPRAISAL OF COCA COLA EMPLOYEESPERFORMANCE APPRAISAL OF COCA COLA EMPLOYEES
PERFORMANCE APPRAISAL OF COCA COLA EMPLOYEESbhawna yadav
 
OKR - Objectives and Key Results - Effective Goal Setting on Company, Team an...
OKR - Objectives and Key Results - Effective Goal Setting on Company, Team an...OKR - Objectives and Key Results - Effective Goal Setting on Company, Team an...
OKR - Objectives and Key Results - Effective Goal Setting on Company, Team an...Blossom IO Inc.
 

Similaire à OKR explained in 10 slides (20)

Getting Started With OKRs (Objective Key Results)
Getting Started With OKRs (Objective Key Results) Getting Started With OKRs (Objective Key Results)
Getting Started With OKRs (Objective Key Results)
 
ОЛЬГА СИДОРІНА "OKR та Performance management в стартапі" HR Connect
ОЛЬГА СИДОРІНА "OKR та Performance management в стартапі" HR ConnectОЛЬГА СИДОРІНА "OKR та Performance management в стартапі" HR Connect
ОЛЬГА СИДОРІНА "OKR та Performance management в стартапі" HR Connect
 
Okr the ultimate guide to objectives and key results
Okr   the ultimate guide to objectives and key resultsOkr   the ultimate guide to objectives and key results
Okr the ultimate guide to objectives and key results
 
TLE 5.pptx
TLE 5.pptxTLE 5.pptx
TLE 5.pptx
 
Webinar slides with Paul Niven & Ben Lamorte “OKRs: Best Practices from the F...
Webinar slides with Paul Niven & Ben Lamorte “OKRs: Best Practices from the F...Webinar slides with Paul Niven & Ben Lamorte “OKRs: Best Practices from the F...
Webinar slides with Paul Niven & Ben Lamorte “OKRs: Best Practices from the F...
 
Krezzo OKR Training Slides.pdf
Krezzo OKR Training Slides.pdfKrezzo OKR Training Slides.pdf
Krezzo OKR Training Slides.pdf
 
Mission and Vision Statements: What They Are, Why They're Important, and How ...
Mission and Vision Statements: What They Are, Why They're Important, and How ...Mission and Vision Statements: What They Are, Why They're Important, and How ...
Mission and Vision Statements: What They Are, Why They're Important, and How ...
 
Improving Multi Unit Operations An Intro
Improving Multi Unit Operations  An IntroImproving Multi Unit Operations  An Intro
Improving Multi Unit Operations An Intro
 
The basics of OKR - Google's secret sauce
The basics of OKR - Google's secret sauceThe basics of OKR - Google's secret sauce
The basics of OKR - Google's secret sauce
 
Okr introduction-slides
Okr introduction-slidesOkr introduction-slides
Okr introduction-slides
 
OKRS and Balanced Scorecard.pdf
OKRS and Balanced Scorecard.pdfOKRS and Balanced Scorecard.pdf
OKRS and Balanced Scorecard.pdf
 
California Compensation Trends and Pay Practices
California Compensation Trends and Pay PracticesCalifornia Compensation Trends and Pay Practices
California Compensation Trends and Pay Practices
 
Objectives and Key Results
Objectives and Key Results Objectives and Key Results
Objectives and Key Results
 
OKR best practices.pdf
OKR best practices.pdfOKR best practices.pdf
OKR best practices.pdf
 
orca_share_media1669787875727_7003597966316716671 (1).pptx
orca_share_media1669787875727_7003597966316716671 (1).pptxorca_share_media1669787875727_7003597966316716671 (1).pptx
orca_share_media1669787875727_7003597966316716671 (1).pptx
 
OKR Guide - Need of OKR for organizations.pdf
OKR Guide - Need of OKR for organizations.pdfOKR Guide - Need of OKR for organizations.pdf
OKR Guide - Need of OKR for organizations.pdf
 
Creating GREAT OKRs and a great quarterly planning process
Creating GREAT OKRs and a great quarterly planning processCreating GREAT OKRs and a great quarterly planning process
Creating GREAT OKRs and a great quarterly planning process
 
Accelerating The Impact of Customer Success
Accelerating The Impact of Customer SuccessAccelerating The Impact of Customer Success
Accelerating The Impact of Customer Success
 
PERFORMANCE APPRAISAL OF COCA COLA EMPLOYEES
PERFORMANCE APPRAISAL OF COCA COLA EMPLOYEESPERFORMANCE APPRAISAL OF COCA COLA EMPLOYEES
PERFORMANCE APPRAISAL OF COCA COLA EMPLOYEES
 
OKR - Objectives and Key Results - Effective Goal Setting on Company, Team an...
OKR - Objectives and Key Results - Effective Goal Setting on Company, Team an...OKR - Objectives and Key Results - Effective Goal Setting on Company, Team an...
OKR - Objectives and Key Results - Effective Goal Setting on Company, Team an...
 

Dernier

Cracking the 'Career Pathing' Slideshare
Cracking the 'Career Pathing' SlideshareCracking the 'Career Pathing' Slideshare
Cracking the 'Career Pathing' SlideshareWorkforce Group
 
Power point presentation on enterprise performance management
Power point presentation on enterprise performance managementPower point presentation on enterprise performance management
Power point presentation on enterprise performance managementVaishnaviGunji
 
PHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation FinalPHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation FinalPanhandleOilandGas
 
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 MonthsSEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 MonthsIndeedSEO
 
joint cost.pptx COST ACCOUNTING Sixteenth Edition ...
joint cost.pptx  COST ACCOUNTING  Sixteenth Edition                          ...joint cost.pptx  COST ACCOUNTING  Sixteenth Edition                          ...
joint cost.pptx COST ACCOUNTING Sixteenth Edition ...NadhimTaha
 
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...Falcon Invoice Discounting
 
Falcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investorsFalcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investorsFalcon Invoice Discounting
 
Phases of Negotiation .pptx
 Phases of Negotiation .pptx Phases of Negotiation .pptx
Phases of Negotiation .pptxnandhinijagan9867
 
Famous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st CenturyFamous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st Centuryrwgiffor
 
Organizational Transformation Lead with Culture
Organizational Transformation Lead with CultureOrganizational Transformation Lead with Culture
Organizational Transformation Lead with CultureSeta Wicaksana
 
Falcon Invoice Discounting: Unlock Your Business Potential
Falcon Invoice Discounting: Unlock Your Business PotentialFalcon Invoice Discounting: Unlock Your Business Potential
Falcon Invoice Discounting: Unlock Your Business PotentialFalcon investment
 
Uneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration PresentationUneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration Presentationuneakwhite
 
Buy Verified TransferWise Accounts From Seosmmearth
Buy Verified TransferWise Accounts From SeosmmearthBuy Verified TransferWise Accounts From Seosmmearth
Buy Verified TransferWise Accounts From SeosmmearthBuy Verified Binance Account
 
Putting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptxPutting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptxCynthia Clay
 
Mckinsey foundation level Handbook for Viewing
Mckinsey foundation level Handbook for ViewingMckinsey foundation level Handbook for Viewing
Mckinsey foundation level Handbook for ViewingNauman Safdar
 
Arti Languages Pre Seed Teaser Deck 2024.pdf
Arti Languages Pre Seed Teaser Deck 2024.pdfArti Languages Pre Seed Teaser Deck 2024.pdf
Arti Languages Pre Seed Teaser Deck 2024.pdfwill854175
 
Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...
Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...
Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...meghakumariji156
 
Marel Q1 2024 Investor Presentation from May 8, 2024
Marel Q1 2024 Investor Presentation from May 8, 2024Marel Q1 2024 Investor Presentation from May 8, 2024
Marel Q1 2024 Investor Presentation from May 8, 2024Marel
 

Dernier (20)

Cracking the 'Career Pathing' Slideshare
Cracking the 'Career Pathing' SlideshareCracking the 'Career Pathing' Slideshare
Cracking the 'Career Pathing' Slideshare
 
Power point presentation on enterprise performance management
Power point presentation on enterprise performance managementPower point presentation on enterprise performance management
Power point presentation on enterprise performance management
 
PHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation FinalPHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation Final
 
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 MonthsSEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
 
joint cost.pptx COST ACCOUNTING Sixteenth Edition ...
joint cost.pptx  COST ACCOUNTING  Sixteenth Edition                          ...joint cost.pptx  COST ACCOUNTING  Sixteenth Edition                          ...
joint cost.pptx COST ACCOUNTING Sixteenth Edition ...
 
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
 
Falcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investorsFalcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investors
 
Phases of Negotiation .pptx
 Phases of Negotiation .pptx Phases of Negotiation .pptx
Phases of Negotiation .pptx
 
Famous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st CenturyFamous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st Century
 
Organizational Transformation Lead with Culture
Organizational Transformation Lead with CultureOrganizational Transformation Lead with Culture
Organizational Transformation Lead with Culture
 
Falcon Invoice Discounting: Unlock Your Business Potential
Falcon Invoice Discounting: Unlock Your Business PotentialFalcon Invoice Discounting: Unlock Your Business Potential
Falcon Invoice Discounting: Unlock Your Business Potential
 
Uneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration PresentationUneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration Presentation
 
Buy Verified TransferWise Accounts From Seosmmearth
Buy Verified TransferWise Accounts From SeosmmearthBuy Verified TransferWise Accounts From Seosmmearth
Buy Verified TransferWise Accounts From Seosmmearth
 
Putting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptxPutting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptx
 
Mckinsey foundation level Handbook for Viewing
Mckinsey foundation level Handbook for ViewingMckinsey foundation level Handbook for Viewing
Mckinsey foundation level Handbook for Viewing
 
Arti Languages Pre Seed Teaser Deck 2024.pdf
Arti Languages Pre Seed Teaser Deck 2024.pdfArti Languages Pre Seed Teaser Deck 2024.pdf
Arti Languages Pre Seed Teaser Deck 2024.pdf
 
HomeRoots Pitch Deck | Investor Insights | April 2024
HomeRoots Pitch Deck | Investor Insights | April 2024HomeRoots Pitch Deck | Investor Insights | April 2024
HomeRoots Pitch Deck | Investor Insights | April 2024
 
Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...
Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...
Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...
 
!~+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUD...
!~+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUD...!~+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUD...
!~+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUD...
 
Marel Q1 2024 Investor Presentation from May 8, 2024
Marel Q1 2024 Investor Presentation from May 8, 2024Marel Q1 2024 Investor Presentation from May 8, 2024
Marel Q1 2024 Investor Presentation from May 8, 2024
 

OKR explained in 10 slides

  • 1. OKR explained in 10 slides By Marshall King @marshallgking www.align.work
  • 2. OKR = Objectives and Key Results It’s a way for an individual, a team or a company to stay focused and work towards important objectives By Marshall King @marshallgking www.align.work
  • 3. Objective An inspirational statement describing the state of affairs at some point in the future Key Result A measure that defines whether progress has been made towards the Objective. An OKR By Marshall King @marshallgking www.align.work
  • 4. Purpose and Vision Purpose A statement explaining what the company, team or entity is for and why it exists Vision An holistic description of how the company, team or entity will look at some point far in the future By Marshall King @marshallgking www.align.work
  • 5. Alignment Purpose Vision OKR 1 OKR 2 OKR 3 OKR1a OKR1b OKR1c OKR2a OKR2b OKR3a OKR3b Company Team OKR OKR OKR OKR OKROKROKR OKR OKR OKR OKROKR Individual OKRs align to the entity Purpose and Vision By Marshall King @marshallgking www.align.work
  • 6. Vision - 2018 Timing Purpose 2018 Q1 Q2 Q3 Q4 OKR1 OKR2 OKR3 OKR4 OKR1a OKR1b OKR1c . . . Company Teams OKR2a OKR2b . . . Engage the teams to prioritise and schedule the OKRs to move closer to the Vision You can’t do everything at the same time By Marshall King @marshallgking www.align.work
  • 7. Defining your OKR Objective - describe what you want to achieve and by when Key Result – describe how you’ll measure your achievement Objective abandoned Describe a poor outcome in terms of the KR Describe outcome with some progress in terms of the KR Describe the expected outcome of the KR Describe a good outcome of the KR Describe a great outcome of the KR 0 1 2 3 4 5 Key Result Outcomes KR Score OKR Description Describe the OKR carefully Decide how you will score the Key Result By Marshall King @marshallgking www.align.work
  • 8. Example OKR Launch our business into the USA Market by end of Q1-2018 Delivery of a US legal entity, with staff, initial proof of concept sales, and clear path to profitability measured in terms of sales pipeline Plan was abandoned US legal entity + run from UK + no local staff or sales completed US subsidiary formed + run from UK + local manager hired + £0 sales completed + sales pipeline >£50k in place US subsidiary formed + local manager in place + sales >£10k completed + sales pipeline >£50k in place US subsidiary formed + local team hired, sales >£30k completed + pipeline >£100k exists US subsidiary formed + local team hired + sales >£50k completed + pipeline >£100k exists 0 1 2 3 4 5 Good Key Result Scores help define lower level OKRs By Marshall King @marshallgking www.align.work Key Result Outcomes KR Score OKR Description
  • 9. Check In Q1 Achievements since last check in (optional) Next steps (optional) Progress blockers (optional) Estimated OKR Score at end of period, 0-5 (mandatory) Reasons for change in estimated OKR score (mandatory) Timing Structure Improvement opportunities (optional, private) Drives focus, helps senior management remove blocks, great for 1-1 coaching By Marshall King @marshallgking www.align.work Check In
  • 10. Reporting Reveals areas needing more resource or attention, reduces risk of surprises, highlights opportunities for commendation By Marshall King @marshallgking www.align.work
  • 11. Best practise OKRs are public Everyone should be able to see everyone else’s OKRs. This promotes teamwork, communication and cross functional understanding. Don’t have too many at the same time Having too many OKRs at once reduces focus. If you need to include more OKRs, push them forward to start in the next period. Make Check Ins a non-negotiable habit Check Ins drive continued focus, and let the organisation know where extra resources might be needed. Also superb for coaching and development. OKRs must be measurable Pick a Key Result for each Objective. If there is more than one Key Result required to assess success, break the Objective down to two contributing Objectives, each with one Key Result. OKRs should be stretching Once the process is bedded in, work on having more stretching OKRs. Research shows that staff are more energised by challenging targets. OKRs scores should not impact remuneration Making OKR Scores a component of remuneration reduces incentive to set stretching goals, which is one of the key benefits of the OKR program. By Marshall King @marshallgking www.align.work
  • 12. Align.Work assists companies with OKR implementation. See www.align.work for more information Make an impact : Take responsibility : Have high standards : Continually learn and improve A correctly managed OKR program will engage and motivate staff to be happier, work smarter and deliver more value to your business. By Marshall King @marshallgking www.align.work