Deck from OKRs Meetup June 2014
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@Berlin Breakfast & OKRs 20140623 Objectives & Key Results (OKRs) in fast growing startups
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Main slides from the Keynote held in Berlin OKRs Meetup in June 2014. OKRs is an improved Management by Objective method utilized by a lot of todays most successful tech companies, most notably Google Inc who made it famous through the following video: http://bit.ly/P6Mzg8 There is however lots of issues implementing it, where the strategic planning process is the key speed bump.
Transcript of Deck from OKRs Meetup June 2014
@Berlin Breakfast & OKRs 20140623
Objectives & Key Results (OKRs) in fast growing startups
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1. Completely transparent
2. Stretched Objectives
3. Measurable Key Results
4. Cascaded from Strategy, formulated by individual.
5. Its communication, not performance.
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The #1 reason startups fail to implement OKRs
”The strategy substitution pit fall”.
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S5M5The strategic 5The motivational 5
=Vision
MissionPurpose
PlanGoals
BusinessValue added
Target customerValue proposition
Distinctive capabilities
http://bit.ly/1i8jhur
www.itsinthenode.com
The strategic 5Business
Value addedTarget customerValue proposition
Distinctive capabilities
The motivational 5Vision
MissionPurpose
PlanGoals
M5
S5
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M5
S5STRATEGY CASCADED
ORGANIZATION
METHOD
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Time (33%)
Objective (20%)
Key Result 1 (25%)
Key Result 2 (20%)
Key Result 3 (15%)
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4367
1290
6288
33
47
42738030
615245 33
(%)
88
23
46
12
43
67
35
55
20
52
41
37
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Streams
Finance
HR
Marketing
Production
Sales
Bookkeeping
Planning
Reporting
Performance management
Compliance
Hiring
Price Management
Print marketing
General marketing
Internet marketing
Lead Generation
Product
Line operation
Staffing
Training
Major account
Minor account
New Accounts
Accounts Payable
Accounts Receivable
Auditing
Budgeting
Forecasts
Fiscal Results
Analysis
Career path
Performance review
Standards
Recruiting
New hire onboarding
Advertising
Advertising
Website
Cold Calling
Callback requests
Account management
Account management
Product Demonstration
Lead qualification
Account Setup
Product proposal creation
Bill Payment
Check Deposits
Inventory Report
Financial Statements
Monthly Reports
Profitability
Standard Costing
Ad-Hoc Reporting
PromotionsSalaries
Employee feedback
Manager feedback
Goal setting
Workplace signage
Training
Incedent reporting
Enforcement
Content creation
Proofing
Publishing
Marketing effectiveness
Content creation
Proofing
Publishing
Event management
SEO
Call
Lead tracking
Request management
Contact
SupportSales
Contact
Support
Sales
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47
37
59
55
Profitability
Standard Costing
Ad-Hoc Reporting
Analysis
52
40
64
52
64
www.itsinthenode.com
47
37
59
55
Profitability
Standard Costing
Ad-Hoc Reporting
Analysis
52
40
64
52
64
www.itsinthenode.com
Benefits
Sanctions risk takingPuts strategy in the hands of each personPhenomenal in creating disciplined thinking - if you let itBest tool unleashing the ”power of quiet”.
http://bit.ly/1mhSEnB
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We believe in thisWe believe in this
www.itsinthenode.com
We believe in thisWe believe in this
