OKR Model
Let’s explore in this post the Objective and Key Results model
Intro
The OKR Model
Objectives are an ambitious qualitative description of what you want to achieve. In other words, the goal is where you want to go.
Discover how to create and manage Objectives in Rising Goal.
Key Results are a quantitative measure of your progress towards this goal. Therefore, this is how we will achieve the goal.
Typically, you have 3-5 key results per objective. But, it is a common mistake to have too many key results.
For Example
Objective
Create a culture of OKR excellence to increase focus and business alignement by the end of the year
Key Result #1
Increase OKRs alignement from 10% to 40% in the organization by the end of the quarter
Key Result #2
Decrease the number of active projects from 30 to 15 for the next roadmap
Key Result #3
Increase OKR Quality from apprentice to expert for the next quarter
OKR Examples
You can find this and other examples in our saas solution
Enrich the OKR Model
Creating Alignement
Certainly, one of the benefits you seek with this goal-settings approach is to focus. You are looking to focus the efforts on the priority objectives throughout the organization.
You have two ways to align goals across the company:
- firstly, you can cascade OKRs from the top, starting with the top-level OKRs
- secondly, you can ladder OKRs from the bottom, pushed by the teams. Laddered OKRs should fit within the mission & direction of the organization
As a result, in a agile organization, you should have a good mix of both approaches. For instance, best practices are cascading a maximum of 40-50% OKRs.
What’s next?
Adding Initiatives to our Objectives and Key Results Model
Our next post will show how to enrich our model of initiatives. It is a crucial element in executing strategy and tactics. Most importantly, this is where operational agility lies. In addition, this is what will give meaning to the daily work of your teams.
Explore the full Rising Goal Model
Our solution has a complete model from strategy to execution, with Strategy, OKR, KPI & initiatives!
Related Posts
OKR Cycle
OKR cycle will allow you to define and organize the life cycle of your OKRs in your organization. Set the medium-term and short-term goals.
OKR Hypothesis
In this article, we will see how hypothesis can enrich the OKR Model by helping continuous improvement and making better decisions.
OKR Initiative
In this article we will explore the place of the initiatives in the Objective and Key Results (OKR) Model, to link strategy and operation.
Related Posts
OKR Cycle
OKR cycle will allow you to define and organize the life cycle of your OKRs in your organization. Set the medium-term and short-term goals.
OKR Hypothesis
In this article, we will see how hypothesis can enrich the OKR Model by helping continuous improvement and making better decisions.
OKR Initiative
In this article we will explore the place of the initiatives in the Objective and Key Results (OKR) Model, to link strategy and operation.
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