OKRs Flashcards
What is an Objective in OKRs?
A clear, qualitative goal that sets the direction for what the team aims to achieve.
What are Key Results in OKRs?
Measurable outcomes that show whether the objective has been achieved. Should be specific, time-bound, and quantifiable.
What’s the purpose of OKRs?
To align goals and measurable outcomes across teams, ensuring all efforts are moving toward a common objective.
How often should OKRs be reviewed?
Typically every quarter, though they can be reviewed more frequently for short-term projects.
What is the difference between OKRs and KPIs?
OKRs focus on goal-setting with measurable outcomes, while KPIs track performance metrics without setting specific goals.
How do you set effective Objectives?
Objectives should be ambitious, qualitative, time-bound, and aligned with strategic priorities.
How do you set Key Results?
Key Results should be specific, measurable, achievable, relevant, and time-bound (SMART).
What are some common OKR pitfalls?
Setting too many OKRs, focusing only on easy-to-achieve outcomes, or not aligning OKRs with the broader company strategy.
How do OKRs align across teams?
OKRs should cascade from top-level company objectives to team-level and individual OKRs to ensure alignment and focus.
How do you track progress on OKRs?
Use regular check-ins (weekly/biweekly), update progress visually through dashboards, and ensure Key Results are updated with measurable data.
