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A	
  guide	
  to	
  OKR	
  
Objec&ves	
  &	
  Key	
  Results	
  
@Benchify	
  	
  
Origin	
  
•  originated	
  in	
  Intel	
  with	
  John	
  Doerr	
  
introducing	
  to	
  Google’s	
  leadership	
  team	
  in	
  
1999.	
  Used	
  ever	
  since	
  
Killer	
  credenAals	
  
•  google,	
  linkedin,	
  zynga	
  &	
  mind	
  candy	
  
Rising	
  methodology	
  
•  now	
  being	
  used	
  by	
  the	
  vast	
  majority	
  of	
  
startups	
  in	
  the	
  U.S.	
  and	
  the	
  U.K	
  
Overview	
  
•  an	
  ObjecAve	
  is	
  business	
  goal	
  which	
  is	
  
usually	
  not	
  quanAfiable	
  
Key	
  results	
  
•  objecAves	
  usually	
  have	
  3-­‐5	
  Key	
  Results	
  
linked	
  to	
  them	
  with	
  clear	
  outcomes	
  	
  
Ratable	
  
•  6-­‐7	
  grades	
  out	
  of	
  10	
  viewed	
  as	
  a	
  good	
  
result.	
  Too	
  many	
  10s	
  seen	
  as	
  seTng	
  too	
  
easy	
  OKRs!	
  
OKR	
  	
  
example	
  
ObjecAve	
  
•  write	
  a	
  light-­‐weight,	
  informaAve	
  overview	
  of	
  OKRs	
  
Key	
  Results	
  	
  
•  explain	
  the	
  benefits	
  of	
  OKR	
  
•  show	
  a	
  case	
  in	
  point	
  example	
  (that’s	
  here,	
  folks!)	
  
•  try	
  to	
  squeeze	
  O,	
  K	
  &	
  R	
  into	
  every	
  bullet	
  point	
  header…
because	
  OKRs	
  are	
  meant	
  to	
  be	
  fun	
  too!	
  
Openness	
  
•  Everyone	
  can	
  see	
  each	
  others	
  OKRs	
  
Key	
  characterisAcs	
  
•  OKRs	
  tend	
  to	
  be	
  set	
  quarterly,	
  can	
  be	
  graded	
  and	
  
are	
  definitely	
  not	
  linked	
  to	
  remuneraAon	
  	
  
Result	
  oriented	
  
•  OKRs	
  provide	
  measurable	
  results	
  while	
  improving	
  
team	
  focus,	
  communicaAon	
  and	
  discipline	
  
OperaAonal	
  linked	
  
•  Teams	
  can	
  align,	
  inter-­‐link	
  and	
  cascade	
  their	
  
OKRs	
  up,	
  down	
  and	
  across	
  the	
  company	
  
Kinship	
  
•  should	
  be	
  mutually	
  agreed	
  upon	
  within	
  the	
  
team	
  and	
  documented	
  
Regular	
  
•  a	
  weekly	
  or	
  monthly	
  health	
  “Check-­‐in”	
  should	
  
occur	
  with	
  incomplete	
  OKRs	
  only	
  conAnued	
  if	
  
sAll	
  important	
  
OKR	
  	
  
summary	
  
Organisable	
  
•  A	
  goal	
  seTng	
  methodology	
  which	
  everyone	
  can	
  relate	
  to	
  
and	
  implement	
  at	
  any	
  level	
  
KineAc	
  	
  
•  Spreads	
  communicaAon	
  across	
  your	
  company,	
  inter-­‐linking	
  
teams	
  and	
  focusing	
  the	
  whole	
  company	
  	
  
Recordable	
  	
  
•  Gradable,	
  trackable,	
  ratable	
  
 
it’s	
  all	
  in	
  OKR!	
  
Google	
  Ventures	
  
h#ps://www.youtube.com/watch?v=mJB83EZtAjc	
  
	
  
Business	
  Insider	
  
h#p://www.businessinsider.com/googles-­‐ranking-­‐system-­‐okr-­‐2014-­‐1	
  
	
  
Benchify	
  
www.benchify.com	
  
	
  
@Benchify	
  @KeeganDan	
  

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OKR - a guide to objectives and key results

  • 1. A  guide  to  OKR   Objec&ves  &  Key  Results   @Benchify    
  • 2. Origin   •  originated  in  Intel  with  John  Doerr   introducing  to  Google’s  leadership  team  in   1999.  Used  ever  since   Killer  credenAals   •  google,  linkedin,  zynga  &  mind  candy   Rising  methodology   •  now  being  used  by  the  vast  majority  of   startups  in  the  U.S.  and  the  U.K  
  • 3. Overview   •  an  ObjecAve  is  business  goal  which  is   usually  not  quanAfiable   Key  results   •  objecAves  usually  have  3-­‐5  Key  Results   linked  to  them  with  clear  outcomes     Ratable   •  6-­‐7  grades  out  of  10  viewed  as  a  good   result.  Too  many  10s  seen  as  seTng  too   easy  OKRs!  
  • 4. OKR     example   ObjecAve   •  write  a  light-­‐weight,  informaAve  overview  of  OKRs   Key  Results     •  explain  the  benefits  of  OKR   •  show  a  case  in  point  example  (that’s  here,  folks!)   •  try  to  squeeze  O,  K  &  R  into  every  bullet  point  header… because  OKRs  are  meant  to  be  fun  too!  
  • 5. Openness   •  Everyone  can  see  each  others  OKRs   Key  characterisAcs   •  OKRs  tend  to  be  set  quarterly,  can  be  graded  and   are  definitely  not  linked  to  remuneraAon     Result  oriented   •  OKRs  provide  measurable  results  while  improving   team  focus,  communicaAon  and  discipline  
  • 6. OperaAonal  linked   •  Teams  can  align,  inter-­‐link  and  cascade  their   OKRs  up,  down  and  across  the  company   Kinship   •  should  be  mutually  agreed  upon  within  the   team  and  documented   Regular   •  a  weekly  or  monthly  health  “Check-­‐in”  should   occur  with  incomplete  OKRs  only  conAnued  if   sAll  important  
  • 7. OKR     summary   Organisable   •  A  goal  seTng  methodology  which  everyone  can  relate  to   and  implement  at  any  level   KineAc     •  Spreads  communicaAon  across  your  company,  inter-­‐linking   teams  and  focusing  the  whole  company     Recordable     •  Gradable,  trackable,  ratable  
  • 9. Google  Ventures   h#ps://www.youtube.com/watch?v=mJB83EZtAjc     Business  Insider   h#p://www.businessinsider.com/googles-­‐ranking-­‐system-­‐okr-­‐2014-­‐1     Benchify   www.benchify.com     @Benchify  @KeeganDan