OKR Goals, Lifecycle And Tracking
OKR Goals
Writing down a goal raises the chances of your reaching it.
A California study showed that friends who both wrote down their goals and shared their progress with friends on a weekly basis were 43 percent more likely to achieve their objectives.
OKR Lifecycle
At any time in the quarterly OKR life cycle – four options are available to OKR contributors: continue, update, start and stop.
If an objective is on track, it makes sense to continue it. - However, if external conditions have made key results unobtainable, then it’s best to update them to meet new realities.
At times It might even be necessary to start a new OKR in the middle of the quarter. - And, sadly, unsuccessful OKRs sometimes need to be put to rest, which means stopping it mid-cycle.
Track Goals Google Way
Google uses 0 to 1.0 color-coded scale - It enable OKR contributors to assess how successfully they’ve completed key results. - If it reads 0.0 to 0.3 (red) means no progress has been made. - If it reads 0.4 to 0.6 (yellow) means progress has been made, but key results remain unmet. - If it reads And finally, 0.7-1.0 (green) is a sign of the key result having been successfully attained.
Last updated