Objectives and Key Results explained (New OKR Crash Course)
🎯 Key Results help specify and quantify Objectives, and can include multiple indicators to measure success. 🚩 Key Results are like signposts that show you how close you are to your Objective, and a good Key Result is typically an outcome and not an output. 💡 Setting clear Objectives and Key Results (OKRs) can provide clarity and focus on what truly matters for a business, rather than getting lost in a long list of equally important goals. 💡 OKR framework was developed by Andrew Grove, co-founder of Intel, and refined from Management By Objectives invented by Peter Drucker in 1954. 🎯 OKRs provide the missing link between ambition and reality, helping organizations break the status quo and achieve big dreams. 🤔 The tough choices of which battles to fight and what winning looks like are critical in developing a successful strategy for your organization. 💡 Regularly updating and reviewing goals is crucial for success in achieving them, according to data on OKR progress. 💡 When it comes to OKRs, less is more - focus on what's most important right now and don't be afraid to say no to things that are not critical.