cas-2015 workshop okr’s, use m or lose m (20151204)
TRANSCRIPT
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OKR’sUse ‘m or lose ‘m!
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OKR 101
I will ________ as measured by ____________.objectivekey result
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Objectives are inspirational
Be Bold
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How?
⋆ Qualitative
⋆ Actionable by the team independently
⋆ Use the language of the team
Leading questions
⋆ What do we want to achieve?
⋆ What do we want to change/improve?
⋆ How can we contribute to company level?
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Key resultsAre we there yet?
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How?
⋆ Quantitative
⋆ Observable
⋆ Difficult, not impossible
⋆ Balanced metrics
Leading questions
⋆ Imagine the perfect future
⋆ How can we tell when we reach our objective?
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Success?Success is not checking a to do list.
Success is having an impact.
If you complete all tasks and nothing ever gets better, that's not success.
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Rule of thumb2 objectives
2-3 key results
3-5 actions
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Stretching
Be ambitious in setting goals, but...
Understand you have a breaking point
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Calculate OKR results
Key Result scoreMeasure the impact of the actions
Objective scoreAverage of all Key Result Scores
Target OKR score=
0.7
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Company OKR’s - Long term
Team & personal OKR’s - Mid term
Action update & intermediate scoring - Short term
Each level, its own pace
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The values of OKR’s
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Set the true north
Synchronize
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TransparencyAmplify, don’t control
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Focus“What we are NOT doing”
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Action time!Let’s put theory in
practice
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First step: Connecting the dots
- Form teams (3-6 people per team)
- Per team Mix & Match:
- sort Objectives from Key results
- pick one Objective and find matching Key Results
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Second step: Make progress
Per team
- Choose 1 OKR
- Define ‘Actions’ to obtain success (3-5 per round)
- What can I do to reach my key results?
- Play out your Actions
- Select scoring mechanism
- Score your results
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Third and final step: Evaluate OKR
Did I reach my OKR, 70% or more ?
⋆ Yes = Yay!
⋆ No = Keep or lose?
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Workshop impression
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Use ‘m or lose ‘m
Feedback & Questions on OKR’s?