Michael Johnsey

Objectives and Key Results

Thu Jan 24 2019

Objectives and Key Results (OKRs) are a simple concept that does heavy lifting, all the best concepts share this commonality.

The TLDR goes something like: Objectives and Key Results are a tool used to create alignment in an organization, by setting goals and establishing what success will look like when you achieve that goal.

Objectives and Key Results

The OKR system was formalized by the management legend Andy Grove in the 1970s. OKRs are finding their place in the spotlight because they were brought to early-Google in 1999 by VC John Doerr and have been done by Google employees every year since introduction.

Objectives

Objectives should be ambitious, actionable, time-boxed, and qualitative goals you wish to accomplish.

Key Results

Key Results should be 2-3 quantitative measures that define if the Objective was completed successfully. Oftentimes, Key Results will be either yes/no (E.g. Did X happen?) or numbers you are trying to meet (E.g. 1 million daily-active-users).

An Example Using a Hotel

Here’s an example set of Objectives and Key Results that a hotel might make at the beginning of a quarter.

An Example Using the Empire

OKRs, Exaplained with “Star Wars” from Andrew Cedotal Note: It appears this was taken offline, the above link will take you to archive.com but I can’t guarantee the cache will work forever.

Further Reading

Resources