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OKRs, From Mission to Metrics

How Objectives and Key Results Can Help Your Company Achieve Great Things

What Intel, Google, Zynga, Linkedin, and Sears have in common? OKRs. OKRs translate a company's vision and strategy into a coherent set of performance measures. The three layers of goals: Dreams, OKRs, and To dos, offer a balance between long-term goals and short-term planning, between outcomes that are desired by the organization and actual performance KPIs that drive these outcomes, between harder and softer performance measures. Francisco Mello, founder of Qulture.Rocks, takes you through the history of using goals for management, from MBOs to OKRs, and presents OKRs with a constant focus on its key differences from older frameworks such as MBOs.

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This book is a translation into English of OKRs, da Missão às Métricas which was originally written in Portuguese (Brazilian)

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About

About

About the Book

What Intel, Google, Zynga, Linkedin, and Sears have in common? OKRs. OKRs translate a company's vision and strategy into a coherent set of performance measures. The three layers of organization: Dreams, OKRs, and To dos, offer a balance between long-term goals and short-term planning, between outcomes that are desired by the organization and actual performance KPIs that drive these outcomes, between harder and softer performance measures. Francisco Mello, founder of Qulture.Rocks, takes you through the history of using goals for management, from MBOs to OKRs, and presents OKRs with a constant focus on its key differences from older frameworks such as MBOs.

This book is a translation into English of OKRs, da Missão às Métricas which was originally written in Portuguese (Brazilian)

Author

About the Author

Francisco Souza Homem de Mello

Francisco is the founder and CEO of Qulture.Rocks, an on demand software company that wants to bring ongoing performance management to every company worldwide.

After 10 years working as an executive director at a large investment bank, Francisco left his comfy job to write a book, The 3G Way: Dream, People, and Culture, which became a hit on Amazon's business and strategy circles, by describing the management style of three Brazilian entrepreneurs who own Anheuser Busch InBev, KraftHeinz, and Burger King.

Francisco is an amateur Ironman triathlete, and loves flying jets on X-Plane. He lives in São Paulo, Brazil. 

Contents

Table of Contents

Preface

1Introduction

  1. What are OKRs?
  2. Why use OKRs in managing your company?
  3. Why are OKRs different?
  4. The Qulture.Rocks approach to OKRs

2A brief history of OKRs

  1. Mace and goal setting
  2. Peter Drucker, George Odiorne and MBO
  3. Hoshin Kanri, or Policy Deployment, in Japan
  4. Andy Grove and Intel: iMBOs
  5. John Doerr, Google, and OKRs

3A bit of goal-setting science

  1. Goal-setting theory, or GST
  2. Getting goals right

4The current state of goal management

5What’s different in OKRs

  1. Compensation
  2. Short cycles and nested cadences
  3. Transparency
  4. Bottom-up and top-down
  5. Moonshots

6Where do OKRs come from?

  1. The starting point: your mission
  2. The next step: strategy
  3. The final component: visions or milestones
  4. A case study: Amazon in 1995

7The OKR short cycle

  1. Nested cadences, or cycles
  2. The short cycle

8Planning

  1. To cascade or not to cascade? That is the question
  2. Ignore “Google”
  3. What happens after OKRs are set?
  4. Unfolding and aligning OKRs

9Monitoring

  1. Results meetings

10Debriefing

  1. Grading OKRs
  2. Running the debriefing

11Most common mistakes

Bibliography

Acknowledgements

Final note

Appendix I: Using OKRs in software product teams

Appendix II: The Tensions of Getting OKRs Right

  1. Tension 1: Stretch x commit
  2. Tension 2: Accountability x learning
  3. Tension 3: Rigor x flexibility
  4. Tension 4: Input metrics x output metrics

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