OKRs – Objectives & Key Results
OKRs OKR - the acronym stands for “ Objectives and Key Results ”. Objective (O): (the O in OKR) are qualitative, inspirational, time-bound goals to be executed by a team or an individual. Clear and Easy to understand a statement of a goal. Key result (KR): (the KR in OKR) quantifies the Objective and breaks it into specific metrics that can be used to measure the achievement of the desired Objective. It is a framework for implementing growth plans and achieving goals. It aligns and connects your employees for faster growth. Objective defines - What do you want to accomplish? Key Results define - How are you going to achieve your objective? Benefits of OKRs Focus: OKRs create focus on what matters. Alignment: OKRs align teams to a common goal Commitment: OKRs to engage and motivate employees Tracking: OKRs enable measurement and tracking of key results Stretching: OKRs drive and build a high-performance culture Companies using OKRs Amazon Netflix Google Linkedin Uber OKR Softwares OKR s...