First of all, the OKR acronym translates as:
- Objectives
- Key
- Results (results)
It is a methodology that is applied to align the entire team at the organizational level and centralize the focus, so that everyone can work synergistically towards common goals. The OKR system is accrediteby several of the world’s largest companies, including Google, Amazon, LinkedIn, Accenture, Netflix, among others.
How to implement the OKR methodology
In order to implement the OKR methodology , it is essential to understand how it works and is structure, in order to apply it and get the most out of it. Here are the steps:
Dany explains what the OKR methodology is and how to implement it step by step.
1. Global Annual Objective
The first step is to define a global annual goal. For this, you must consider where you want to be next year, that is, what you consider essential to achieve so that your company goes on the right path and continues to grow or be successful. Do not forget that an objective responds to where you want to go or what you want to achieve, and must be derived from the vision and mission of the company.
2. Objectives
Once the global annual objective is establish , you must define quarterly objectives that are vital to take you to meet this global annual objective. There should be a maximum of three or four goals per quarter and they should not contain metrics, they should be more of an inspirational type.
Remember that setting objectives is not easy, since frequently when considering things to improve, we find ourselves with multiple goals that are often not even related to each other. My Ireland Email Database recommendation is that you brainstorm ideas with your team, and that based on the objectives that emerge, a prioritization method is to choose the most important ones. To prioritize, I recommend that you use the stack ranking techniques , or the I CE scoring system .
This is how your quarterly goals would be in the OKR template.
3. Key Results
The third step is to define the key results. These should indicate if you are going in the right direction towards your goals. Remember that a key result should be ambitious, as it will measure your success; for this reason, they must contain metrics based on KPIs.
4. Key actions
As the last step, you will need to assign three key actions TR Numbers for each key result. The key actions respond to what actions will lead you to achieve these results and therefore also to your goal?
