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Objectives & Key Results 101

Objectives & Key Results 101

A framework for setting, tracking and achieving company goals throughout your organization.

GetCloudnative

August 13, 2018
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  1. MARTIN ETMAJER
    Founder | GetCloudnative e.U. Version: 20180813
    A framework for setting, tracking and achieving
    company goals throughout your organization.
    Objectives & Key Results 101

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  2. [email protected]
    @metmajer
    Innovation Technologist & Strategist.
    Founder at GetCloudnative.
    Open Source Maintainer.
    Martin Etmajer

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  3. Why OKRs?

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  4. MARTIN ETMAJER
    Founder | GetCloudnative e.U. Slide 4
    Why OKRS?
    „We believe that ideas are easy, execution is everything,
    and in anything worth doing, it takes a team to win.“
    John Doerr, Partner in KPCB

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  5. Self-Organized: Aligned and Autonomous
    Source: https://highfive.com/blog/how-spotify-built-one-of-the-best-engineering-cultures/

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  6. What are OKRs?

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  7. MARTIN ETMAJER
    Founder | GetCloudnative e.U. Slide 7
    OKRs: From Vision to Reality
    A framework for setting, tracking and achieving company goals throughout your organization.
    Business
    links company strategy to daily work
    People Doing Actual Work
    Strategy
    (abstract) objectives
    Teams align around common goals and
    decide how to contribute autonomously.
    set high-level objectives
    measurable key results

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  8. MARTIN ETMAJER
    Founder | GetCloudnative e.U. Slide 8
    OKRs: From Vision to Reality
    A framework for setting, tracking and achieving company goals throughout your organization.
    Business
    links company strategy to daily work
    People Doing Actual Work
    Strategy
    (abstract) objectives
    Teams align around common goals and
    decide how to contribute autonomously.
    set high-level objectives
    measurable key results

    View Slide

  9. MARTIN ETMAJER
    Founder | GetCloudnative e.U. Slide 9
    OKRs
    Basics
    3-5 Objectives
    1-4 Key Results
    Defined
    Quarterly
    Reviewed
    Monthly
    Ambitious
    Graded
    0–100 %
    At Company
    & Team Level
    Top-Down
    & Bottom-Up
    Public

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  10. MARTIN ETMAJER
    Founder | GetCloudnative e.U. Slide 10
    Objective
    Improve infrastructure delivery.
    Key Results
    § Survey 5 internal users regarding issues with how infrastructure is delivered today.
    § Design an automated delivery process and have it verified by 2 infrastructure architects.
    § Implement an automated delivery process prototype and have it tested by at least 3 users.
    § Present our learnings and early user feedback at an internal meetup to at least 50 attendees.
    OKRs
    A Simple Example

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  11. MARTIN ETMAJER
    Founder | GetCloudnative e.U. Slide 11
    OKRs
    Grading
    0-50%
    You still have a lot to do!
    sweet spot at around 65%
    50-75%
    Keep up the good work!
    75-100%
    Wow, amazing job!
    find out why?

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  12. MARTIN ETMAJER
    Founder | GetCloudnative e.U. Slide 12
    Focus on What's Really Important
    Allow your teams to align around public company or other teams' goals.
    Double-check if your current activity doesn't contribute to achieving your objectives.
    Foster Motivated and Engaged Teams
    Providing teams with direction and autonomy makes them self-organized and more happy at work.
    Simple, Yet Effective!
    With some experience, they require only a few hours per quarter to set up and maintain.
    OKRs are used at companies such as Google, Intel and LinkedIn.
    OKRs
    Benefits creates shared understanding about
    what you‘re working on and why

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  13. What Else is There?

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  14. Objectives and Key Results: The Fundamentals

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  15. How Google Sets Goals: OKRs
    Presenter: Rick Klau from Google Ventures

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  16. OKR Examples
    Site: okrexamples.co

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