What does OKR stand for?
An abbreviation OKR, in work-related environments means Objectives-and-key-results. (less known as OKRI or Objectives-key-results-and-incentives). OKR is a collaborative goal-setting framework with a purpose of setting challenging and ambitious goals with measurable results.
How to start using OKR?
- Start by stating a goal and writing it down. Any goal is acceptable. Including work and personal. By doing so, you will have completed the 1st part of OKR – i.e. Objective (goal is just a synonym in this case)
- Continue by writing down 3-4 key results you want to get done by this goal. Remember, those key results must be measurable. (in simple terms, you must be able to answer COMPLETED or NOT COMPLETED when evaluating them). If you can answer COMPLETED for all of the key results, by doing so you will have accomplished your goal (or you had set your key results incorrectly 😉 )
- This step is optional, but you can still do it. The last step is writing down so called incentives. Incentives simply means “things you need to do in order to accomplish your key results.
What is our objective?
Our objective is to lose some weight.
What are our key results?
– We will wear our pants instead of size XL to be just L
– Our weight will show at least 4kg weight down
What are our incentives?
– We should eat a vegetable/a day
– We should avoid any fried food
– We should east every meal regularly each day