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OKR (Objective Key Results) Best Practices
This document discusses how to make OKRs more specific, measurable, attainable, relevant and time-bound (SMART) to improve focus and coordination among teams. It recommends defining objectives and key results that are clear, quantifiable, regularly reviewed, and can integrate strategic goals across an organization. A case study example shows how applying SMART guidelines to OKRs can clarify responsibilities, dependencies and expectations to better connect work to overall objectives.
In this document
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Introduction of SMART OKR concept by William Chin with an agenda outlining the presentation.
Highlighting the chaos and lack of focus when not implementing OKRs in an organization.
Explaining how OKRs keep teams focused and aligned towards their objectives.
Defining OKR, its purpose, and how it aligns strategic plans with organizational goals.
Basic guidelines for managing OKRs, including the number of objectives, measurability of results, and regular reviews.
Details on SMART OKR methodology, emphasizing specific ownership, progress tracking, and clarity.
A case study outlining responsibilities, dependencies, and expectations among team members.
Summarizing SMART OKR’s role in creating partnerships, integrating goals, and reviewing progress for continuous improvement.
A note stating that the opinions expressed are those of the author, not the employer.
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OKR (Objective Key Results) Best Practices
- 1. SMART OKR William Chin陈伟雄 Talent and Organization Development Director ⼈人才与组织发展总监 ismagilov / 123RF Stock Photo
- 2. Agenda • OKR Overview •SMART OKR • Case Study • Q&A © focusphoto@fotolia
- 3. Busy for Nothing © TanKian Khoon@fotolia.com Without OKR
- 4. olegdudko@123RF Stock Photo KeepsYou and Your Teams Focused OKR
- 5. SMART OKR Team InSync & On Track smuki / 123RF Stock Photo
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- 7. Purpose of OKR TheObjective sets the direction and defines where you need to go… The Key Results defines the results to let you know if you are meeting your Objectives. alexeyboldin/123RFStockPhoto Enables a company to set strategic plans and to align goals throughout the organization
- 8. Basic OKR Guidelines Manageable •set 4-5 objectives • with objective having 3-4 key results Quantifiable • key results must be measurable with specific targets Review Regularly • set objectives on an annual basis • review key results quarterly Use Key Results to check progress and to adjust actions to achieve the Objectives
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- 13. OKR + SMART SMR T A S Drill down to actionable, attainable detail. Especially useful for new team, junior team members. More “realistic” if there is a specific owner for the tactics and results. Break down to weekly or monthly due dates. Easier to track progress and make adjustment towards objective. User-friendly measure with traffic light status Much more specific with key results and sub-task identified. Minimizes ambiguity. Aspirational - for senior level and/or experienced teams.
- 14. • Clarified responsibilityand deliverables • Discussed and documented dependencies • Identified overlaps and gaps • Understood leader’s expectations A Case Study
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- 16. • Clarified responsibilityand deliverables • Discussed and documented dependencies • Identified overlaps and gaps • Understood leader’s expectations A Case Study
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- 18. •Creates partnership throughoutthe organization •Integrates shared goals across functions •Generates support by the leadership and team member SMART OKR malchev/123RFStockPhoto Connecting the Dots
- 19. •Weekly / Monthly/ Quarterly progress review •Adjust business processes to meet key results •Provide training to enable teams to achieve objectives SMART OKR Disciplined Approach malchev/123RFStockPhoto
- 20. Information contained withinis the opinion of the author and not that of my employer © bbbar@fotolia malchev/123RFStockPhoto