OKRs explained in 2 minutes
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OKRs (Objectives and Key Results) is a transparent goal setting / performance management methodology. Especially designed to align company focus with individual focus.
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OKRs explained in 2 minutes
- 1. www.itsinthenode.com OKRs explained in 2 minutes
- 2. www.itsinthenode.com 2 Lost connection between company and individual focus costs your company a lot, and makes ”going to work” less fun. !🏢 💭 💭🚀 💰 $% 🎓 🌎 ✨
- 3. www.itsinthenode.com ❤ 3 OKRs makes company’s focus & individuals’ focus connect. # $ % # & ' ( ) 🏢
- 4. www.itsinthenode.com 4 OKRs stands for Objective and Key Results Objective Key Results 🏹 🎯🎯🎯
- 5. www.itsinthenode.com 5 Company Long Term Plan Q1 Q2 Q3 Q4 NewYear Focus Areas Focus Areas Focus Areas Focus Areas Connects company’s long term plans with individual focus through agile Focus Areas.
- 6. www.itsinthenode.com 6 Everyone links OKRs to Focus Areas to create alignment between the individual focus and the company focus. Company Long Term Plan Focus Areas Individual OKR
- 7. www.itsinthenode.com 7 Example OKR: Go from 0,5% to 2,5% in conversion rate New website launch gets lots of 👍😍🏅 3,000 inbound links from Press Release Go from 200 to 20,000 visitors (Objective) (Key Results)
- 8. www.itsinthenode.com 8 Growth, Growth, Growth Grow Product Area X Improve our digital marketing channel Switch to user- validated design New website launch gets lots of 👍 😍 🏅 Improve product delivery Create error-free product releases Try to use as few Focus Areas as possible, but enough so each individual feels they can find one that makes sense to their individual OKR.
- 9. www.itsinthenode.com 9 There are no rules, just pick the hygiene that works best for you: Objective Key Result Gets me out of bed Linked to a focus area Matches my specific skills Describes the future which I intend to reach Shouldn’t have a number Can be objectively measured Is a long term result, rather than a short term to-do. Most effective (most bang for the buck) Should have a number 🏹 🎯🎯🎯
- 10. www.itsinthenode.com 10 OKRs are used by company’s like Google, Linkedin and many other young, fast growing companies.
- 11. www.itsinthenode.com 11 Click here to read more in our extensive OKRs White Paper to get started. 🎓
- 12. www.itsinthenode.com 12 Or here if you just want to play around with our tool. ”It’s great to connect focus”