#176 – Enterprise OKRs
Objectives and Key Results (OKRs) is a framework for setting measurable goals and tracking their outcomes. Whereas Key Performance Indicators (KPIs) measure the ongoing “health” (e.g., the profit margin) of an organization, OKRs help set objectives (e.g., increase the profit margin by 10%) and drive the needed changes in order to meet these Objectives.
When adopting OKRs to align teams across the enterprise, don’t take a top-down approach to objective setting, even though the high-level OKRs are set centrally at the top, and the Key Results become Objectives on the level below. Here, let the team-level Key Results be defined by the teams based on their knowledge of their customers, end users and their Product Strategy, Vision and Roadmap.