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Also known as: Objectives and Key Results

OKR

ConceptualFrameworksOperations

Definition

OKR: OKRs (Objectives and Key Results) is a goal-setting framework that defines objectives (what you want to achieve) and key results (measurable outcomes that indicate success). OKRs align teams around priorities and are typically set quarterly.

Example Usage

β€œOur Q1 objective was 'Become the market leader in SMB,' with key results including 30% market share and NPS of 50.”

Common Misconceptions

OKRs are just another form of KPIs. OKRs are aspirational goals; KPIs are ongoing metrics.
Hitting 100% of OKRs is the goal. OKRs should be ambitious; 70% achievement is often ideal.
OKRs replace all other planning. They complement sprint planning and roadmaps.

Origin: Developed by Andy Grove at Intel, popularized by Google

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