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Have you heard about OKR?
I first heard about this concept from google. They use OKR to help them communicate, measure, and achieve lofty goals. Then it became really popular among tech companies and beyond. I even found some OKR meet-up groups in my city. So recently I decided to attend some meetup events to learn more about OKRs.
1. What is OKR
OKR stands for Objectives and key results. It is a goal-setting framework used by individuals, teams, and organizations to define measurable goals and track their outcomes.
I like the description used in the chart below.
Objectives = Goals that inspire and set direction (Where do I need to go?)
Key results = Steps that measure progress towards an objective (How do I know I’m getting there? or How does the success look like?)
Initiatives = Tasks required to drive progress of key results ( What will I do to get there?)
Also, I found this pyramid chart helps with visualising the process
