Let's start with the basics. OKR stands for Objectives and Key Results. It's a goal-setting framework designed to drive strategy execution, align organisations on strategic priorities, track progress effectively, and empowers employees to drive successful change.
As our Principal Designer and OKR Coach Kirsikka Vaajakallio explains, "OKRs help break down strategic goals into measurable objectives and key results at all levels of organisation."
The framework focuses on two simple but powerful questions:
- What are we aiming to achieve? (Objectives)
- How do we measure our progress? (Key Results)
By setting clear objectives and measurable outcomes, OKRs help organisations prioritise efforts, increase focus, and enhance accountability. Used effectively, they align teams around what is important and involve people in defining how to get there.