Objectives & Key Results 101

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

Transcript

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. metmajer@getcloudnative.io
   @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
   

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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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