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www..scsuniversal.in
.
Objectives & Key Results
(OKRs) with examples of HR
Prepared by Gajendra Khare Chief Executive – SCS UNIVERSAL
www..scsuniversal.in
What is OKRs ?
Objective & Key Results
(OKR) is goal management
technique OKR is used
to track progress as teams
move towards achieving
objectives that are ambitious
and in alignment with the
entire organization.
www..scsuniversal.in
What is the components of OKR?
OKR has two main components.
O – Objectives (The outcome
to be achieved)
KR – key Results - Each
objective must have 4-5 key results. Each
key result should be a way to define
success, and measure progress toward
success.
www..scsuniversal.in
OKR benefits
Drive
Organisational
Focus
Define
Priorities
Monitoring
Progress
Transparency &
Ownership Driven
Culture
Clear Vision to
Organisation
What is the benefits of OKR to
Companies
www..scsuniversal.in
OKR Example –Performance
Management
O – Objectives A) Improve
performance of new recruits
KR – key Results –
1. Shorten on boarding process by 1 week
2. Reduce new hire performance review cycle
time
3. Improve mentor to new recruits ratio to
1:4
www..scsuniversal.in
OKR Example - Recruitment
O – Objectives – Improve
Recruitment Process
KR – key Results
1. Reduce average time to fill job
vacancy by 15 days
2. Increase competency interview
questions by 10%
3. Decrease cost per hire by 20%
www..scsuniversal.in
OKR Example – Employee
Satisfaction
O – Objectives – Improve Employee
Retention
KR – key Results
Reduce voluntary employee termination by
20%
2. Conduct exit interviews with 100% of
voluntary termination employees
3. Identify 10% of at risk employees during
performance review process
www..scsuniversal.in
OKR Example – Compensation
& Benefits
O – Objectives – Increase benefits
Satisfaction
KR – key Results
1.50% improvement in ‘benefits’ category of employee
satisfaction survey
2. Benchmark current employee benefits with current
industry standards
3. Reduce employee health care expenses by 10%

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OKR for HR Management

  • 1. www..scsuniversal.in . Objectives & Key Results (OKRs) with examples of HR Prepared by Gajendra Khare Chief Executive – SCS UNIVERSAL
  • 2. www..scsuniversal.in What is OKRs ? Objective & Key Results (OKR) is goal management technique OKR is used to track progress as teams move towards achieving objectives that are ambitious and in alignment with the entire organization.
  • 3. www..scsuniversal.in What is the components of OKR? OKR has two main components. O – Objectives (The outcome to be achieved) KR – key Results - Each objective must have 4-5 key results. Each key result should be a way to define success, and measure progress toward success.
  • 4. www..scsuniversal.in OKR benefits Drive Organisational Focus Define Priorities Monitoring Progress Transparency & Ownership Driven Culture Clear Vision to Organisation What is the benefits of OKR to Companies
  • 5. www..scsuniversal.in OKR Example –Performance Management O – Objectives A) Improve performance of new recruits KR – key Results – 1. Shorten on boarding process by 1 week 2. Reduce new hire performance review cycle time 3. Improve mentor to new recruits ratio to 1:4
  • 6. www..scsuniversal.in OKR Example - Recruitment O – Objectives – Improve Recruitment Process KR – key Results 1. Reduce average time to fill job vacancy by 15 days 2. Increase competency interview questions by 10% 3. Decrease cost per hire by 20%
  • 7. www..scsuniversal.in OKR Example – Employee Satisfaction O – Objectives – Improve Employee Retention KR – key Results Reduce voluntary employee termination by 20% 2. Conduct exit interviews with 100% of voluntary termination employees 3. Identify 10% of at risk employees during performance review process
  • 8. www..scsuniversal.in OKR Example – Compensation & Benefits O – Objectives – Increase benefits Satisfaction KR – key Results 1.50% improvement in ‘benefits’ category of employee satisfaction survey 2. Benchmark current employee benefits with current industry standards 3. Reduce employee health care expenses by 10%

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