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CAS-2015 Workshop OKR’s, use m or lose m (20151204)

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This is the presentation that we gave for CAS 2015 in Madrid.
Partly theory about OKRs and partly an interactive exercise on making actions and scoring your OKR.

Publicado en: Empresariales

CAS-2015 Workshop OKR’s, use m or lose m (20151204)

  1. 1. OKR’s Use ‘m or lose ‘m!
  2. 2. OKR 101 I will ________ as measured by ____________.objective key result
  3. 3. Objectives are inspirational Be Bold
  4. 4. How? ⋆ Qualitative ⋆ Actionable by the team independently ⋆ Use the language of the team Leading questions ⋆ What do we want to achieve? ⋆ What do we want to change/improve? ⋆ How can we contribute to company level?
  5. 5. Key results Are we there yet?
  6. 6. How? ⋆ Quantitative ⋆ Observable ⋆ Difficult, not impossible ⋆ Balanced metrics Leading questions ⋆ Imagine the perfect future ⋆ How can we tell when we reach our objective?
  7. 7. Success? Success is not checking a to do list. Success is having an impact. If you complete all tasks and nothing ever gets better, that's not success.
  8. 8. Rule of thumb 2 objectives 2-3 key results 3-5 actions
  9. 9. Stretching Be ambitious in setting goals, but... Understand you have a breaking point
  10. 10. Calculate OKR results Key Result score Measure the impact of the actions Objective score Average of all Key Result Scores Target OKR score = 0.7
  11. 11. Company OKR’s - Long term Team & personal OKR’s - Mid term Action update & intermediate scoring - Short term Each level, its own pace
  12. 12. The values of OKR’s
  13. 13. Set the true north Synchronize
  14. 14. Transparency Amplify, don’t control
  15. 15. Focus “What we are NOT doing”
  16. 16. Action time! Let’s put theory in practice
  17. 17. First step: Connecting the dots - Form teams (3-6 people per team) - Per team Mix & Match: - sort Objectives from Key results - pick one Objective and find matching Key Results
  18. 18. Second step: Make progress Per team - Choose 1 OKR - Define ‘Actions’ to obtain success (3-5 per round) - What can I do to reach my key results? - Play out your Actions - Select scoring mechanism - Score your results
  19. 19. Third and final step: Evaluate OKR Did I reach my OKR, 70% or more ? ⋆ Yes = Yay! ⋆ No = Keep or lose?
  20. 20. Workshop impression
  21. 21. Use ‘m or lose ‘m Feedback & Questions on OKR’s?
  22. 22. When in trouble... Petra Liesmons: Kitty Iding: