Combining the two (Objective and Key Results), we now have effective OKR examples.
Example 1 (For Team/Individuals):
Objective: Create a specific diet plan according to every athlete’s track event
- 10% increase in stamina for long distance runners
- 5% increase in speed of sprinters
Example 2: (For Companies/Departments):
**Objective:**Increase in employee engagement
- Decrease attrition rate from 7% to 3%
- At least 3 activities executed within each department
Example 3 (For Companies):
Objective: Increase company revenue by 10%
- Get 50 new customers by end of the first quarter
- Reduce churn rate to 5%
The fundamentals of OKR may be old but is still very relevant up to this day. The framework has been spreading among individuals to companies and has significantly increased productivity.
While there may have been more other approaches that claim better results and numbers, the OKR approach remains a very solid and reliable one.
Vision is knowing who you are (your purpose), knowing where you’re going (your picture of the future), and knowing the principles you need to guide your journey (your values). Think of vision as...
Goal-setting methods have increased in number and relevance over the past couple of years. This is largely due to the emergence of new companies and organizations pushing to thrive in this competitive world....
Unless you’ve been living under a rock, you have responsibilities to fulfill. From small things like walking your dog up to major milestones like starting a company, there are times when things get...
When people ask me how I started writing, I always remember the first time I attempted to write in my journal. Well, I didn’t know what to write back then. It’s funny how...
“Productivity and efficiency are two of the key goals of any business enterprise. But they are two very different things and often compete with each other. However, many people are still confused about...
Productivity is something many organizations look for in their employees. If employees are productive, businesses can achieve the same results with resources and less time. But productivity is dependent on many factors. For...
Time management and goal setting go hand in hand, so how can you make sure your goal setting is practical and your time management is successful? You can control your time and get...