OKR Terminology
OKRs comprise an objective—a clearly defined goal—and one or more _________ _________ used to track the achievement of that goal.
What is a Key Result?
Quantitative metrics that measure progress towards objectives
What are Key Results?
True or False: OKRs are used to set and track progress toward strategic objectives
What is True?
Reduce average video loading time by 10% by Q2-20XX.
What is a Key Result?
This is a usual time frame to review progress against OKRs.
What is a Quarter?
A quantifiable measure of performance over time for a specific objective
What is a KPI?
Larry Page is believed to be the "Father of OKRs".
What is False?
Increase brand recognition and awareness.
What is an Objective?
OKRs should never be directly associated with this concept.
What is Performance Management?
This is a goal-setting framework that measures progress towards strategic objectives.
What is OKR?
Google is believed to be the first to implement OKRs.
What is False?
Lose 50 pounds in 2025
What is an annual OKR?
Qualitative statements that describe what a team or organization wants to achieve
What are Objectives?
An Executive from which company said: "OKRs have helped lead us to 10x growth, many times over. They’ve helped make our crazily bold mission of organizing the world’s information' perhaps even achievable. They’ve kept me and the rest of the company on time and on track when it mattered the most"
Who is Larry Page, co-founder of Google?
True or False: KPIs measure performance against specific targets and benchmarks.
What is True?
Workout twice a day | Adopt a slow-carb diet | Walk to work
What are the Key Results?