sticks & stones - 3 june 2016
TRANSCRIPT
Overview
DefinitionMeasurement
Execution
what’s this all about?
Define Success
● Achieve product market fit● Raise series A● Get to profitability● Achieve a successful exit
What’s your Objective?
Be Bold! Set your objective high
How do we get there?
Measure Success
● Have a Maximum of 3● Measure success● Track distance to target
Set Key Results
- Achieve 1 million in sales by Jan 2017- Have 4 contracts signed by September 2017- increase conversion rate by 10% YOY by Q4- List top 100 employers in Berlin by Feb
Examples
Track your Progress
Objective:Fly to the moon
Key Result 1:Build a rocket that can fly to the moon by September.
Key Result 2:Train 3 astronauts to pilot the rocket by October 18th
Key Results 3:Launch the rocket by November 1st
on track 50 %
on track 10 %
watch out 1 %
Retrospect● Celebrate Success● Learn from failure● Get better at planning -> but
remain ambitious
Now give the OKR to your teams to set their Goals
Per team:● 1 Objective● 3 Key Results
Empowerement
● Teams are responsible for their targets● Teams are responsible for what they do to reach them● They know their strengths & weaknesses● Company Alignment
As a manager, you are responsible to ensure nothing gets in their way and the team has the correct resources required to achieve their goals.
The team decides: what to do and how to do it.
Team
● Has aligned Goals
● Has cultural & skill fit
● Has open communication
● Is respectful and professional
● Has a mixture of experience and fresh talent
● Has a diverse mixture of different people
● Is able to identify weaknesses and strengths
A successful team
THANKS FORLISTENING!
PS: we are hiring: http://jobs.dawanda.com