how to use okrs to achieve your year end goals
Post on 22-May-2015
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It’s not too late! How to use OKRs to achieve your year end goalsWhat an OKR really is and how the process works
@7Geese #GetOkrs
IT’S NICE TO MEET YOU.
Wendy Pat Fong
Director of Customer Success
Kelly Batke
Director of Marketing, 7Geese
Darren Cunningham
VP of Marketing, SnapLogic
AGENDA 1. What are OKRs?
2. Why OKRs work
3. How to write an OKR
4. How SMART are your OKRs?
5. What happens after you set your OKRs
6. Who is using OKRs
7. Q & A
WHAT ARE OKRS?
!
OKRs stands for Objectives and Key Results. It is a method of
defining and tracking objectives and their outcomes
In a goal setting platform/technology
Where do you currently store your goal setting?
I store them in Excel or Word
I write them down on paper
We don’t store them anywhere
POLL #1
WHY OKRS?
• Alignment and business performance
• Accountability and focus
• Visibility and communication
• Engagement and motivation
ALIGNMENT AND BUSINESS PERFORMANCE
• Alignment of top priorities on organizational, departmental, and
individual levels
• Cascade from top to bottom and vice versa for alignment
• Company as a whole is heading towards same direction
ACCOUNTABILITY AND FOCUS
Seeing the direct impact of an individual objective has on the overall
success creates:
• Accountability: Taking responsibility of the objectives one has set
and making sure that they are reached
• Focus: Ability to prioritize the objectives that have a direct impact
on peers and company
VISIBILITY AND COMMUNICATIONObjectives are public!
• Promotes transparency in the organization
• Communication is centered around priorities:
• “What can I do to support you?”
• “How are we doing as a team?”
• “Where are we at?”
ENGAGEMENT AND MOTIVATION
• Motivating to see progress
• Ability to show what one has accomplished
• Sense of identity when there is a direct impact on the success of
company
• Higher quality of teamwork
Yes, absolutely
Do your employees know what the company objectives are?
Probably, we talk about it a lot
Definitely not
I really don’t know
POLL #2
SO WHERE DO WE START?Objective (for organization)
• “What is the outcome?”
• “What are we trying to accomplish?”
Key results
• “What are the specific things I need to do?”
• “How do I know I am successful?”
• “What factors can I fully control?”
OKR EXAMPLE IN BUSINESS
CEO: Grow Business
• VP Sales: Grow revenue to $2M
• $1M in North America
• $1M in Europe and Asia
• VP Engineering: Launch mobile app
• Hire 3 mobile developers
• Launch mobile app in App Store
• Have 100K users using new app by June
CASCADING OKRS
HOW SMART ARE YOUR GOALS?
NOT SO SMART GOALS
Not so Specific: “Grow Sales”
Not so Measurable: “Generate more leads for sales”
Not so Attainable: “hire and train three new developers”
Not so Relevant: “Write a new blog post every month”
Not so Timely: “Launch new website”
WHAT HAPPENS NEXT?
Score after the quarter
Assess the results
Readjust if necessary
WHO IS USING OKRS?
SNAPLOGIC• Company founded in 2006, based in San Mateo, CA
• 2010 decision was made to build a completely new cloud integration
platform
• New development team leaders from Google drove decision to adopt OKRs
SnapLogic.com
RECOMMENDATIONS
• Get company-wide buy in on how and why to implement OKRs the right way
!
• While your rolling out OKRs, get started right away with the Recognition portal
7GEESE
7GEESE
THANKS FOR JOINING!
A recorded version of this Webinar will be available on our blog at blog.7geese.com
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