7 simple rules for company-wide OKRs

We’re getting ready to set our Q3 company OKRs. This morning we discussed 7 rules we’re following that describes our current OKR process.

Reminder: for something to be a company OKR

  1. Describable and scopeable (is it ‘baked’?)
  2. Sized based on internal or external data. Impact $ can be annualized or for Q3
  3. Threshold should be material contribution (e.g. 5% revenue uplift)
  4. Work should require cross functional support from scarce resources: tech, data, & senior leadership time
  5. Co-leads should be appointed, with at least one from the global leaders team
  6. Commitment is a scoping doc & timeline, weekly meeting and weekly reporting
  7. Requirements for a functional OKR are much more relaxed, although these can also be lightly cross functional. Rigor around opportunity sizing and scoping is important.


Henry M.

Henry Mullin at Douglas Elliman NYC

5 年

Nice read! Good Project Management is crucial for teams of any size.

回复

要查看或添加评论,请登录

Evan Frank的更多文章

  • Fora at 3: A Serious Travel Business

    Fora at 3: A Serious Travel Business

    Back in the summer of 2021, when we were getting Fora off the ground, Henley, Jake and I spent considerable time…

    89 条评论
  • Announcing our Series A: building an OTA powered by people

    Announcing our Series A: building an OTA powered by people

    A little under 18 months ago, still very much in the fog of the pandemic, I met up with my friend Henley at Laughing…

    41 条评论
  • A Better Equation in Travel

    A Better Equation in Travel

    Around 2014, my former company, onefinestay, realized the need to diversify its customer acquisition strategy away from…

    27 条评论
  • Announcing Fora

    Announcing Fora

    Back in the early spring, it felt like the world - and the broader entrepreneurial ecosystem - was reawakening…

    52 条评论
  • Your playbook for scaling: goals, KPIs & organizational structure

    Your playbook for scaling: goals, KPIs & organizational structure

    As I've been teaching my approach scaling these past few months, I've realized that while helping with goal setting…

  • A Blended Life: living and working after the pandemic

    A Blended Life: living and working after the pandemic

    As a parent of two kids in the NYC public school system, I am anxiously awaiting the start of the school year and our…

    3 条评论
  • Maybe now is when that bad idea will actually transform the company

    Maybe now is when that bad idea will actually transform the company

    I really enjoyed Benedict Evans’s annual tech trends presentation. It’s worth going through in its entirety.

    1 条评论
  • Knowing What You Want

    Knowing What You Want

    We lost a candidate for a senior role recently. Losses always hurt, but are of course normal to some degree in startup…

    1 条评论
  • A playbook for meetings at startups

    A playbook for meetings at startups

    At some point in every company’s trajectory, a leader looks at her weekly calendar in horror and wonders how her…

    2 条评论
  • My Thoughts on the Evolution of the Travel Agent Industry

    My Thoughts on the Evolution of the Travel Agent Industry

    Earlier this week a friend forwarded me a teaser from Phocuswright on the strength of the travel agency industry. The…

    3 条评论

社区洞察

其他会员也浏览了