Writing OKRs Cheat Sheet

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1. OKR Success Toolkit Writing OKRs Cheat Sheet How to write effective OKRs that inspire action and deliver results.
2. September 2022 Writing OKRs Cheat Sheet OKR Formula I will Objective as measured by Understanding the OKR formula OKRs (Objectives and Key Results) is a proven goal-setting framework for creating alignment, focus and a highly engaged work culture to drive business outcomes. There is a standard formula for goal- setting with OKRs: Objectives Qualitative goal that you want to achieve. This is your desired outcome. Key Results Measurable, quantitative metrics that contribute to the achievement of an objective. Key Initiatives and Projects These are the actions that will be taken to achieve key results. Key Results via Key Initiatives and Projects OKRs are not • Unrealistic or ambiguous goals • Task list or to-do list • Overly specific Common mistakes • No real plan to achieve OKRs • Key results aren’t measurable • Too many Objectives or Key Results 2
3. September 2022 Step 1: Write– Follow a formula Writing OKRs Cheat Sheet Key Results Measurable, quantitative metrics Objectives Formula verb + what you’re going to track/count + from x to y Actionable, meaningful Example Formula verb + what you’re going to do + so that / in order to Increase our NPS score from 40 to 50 Example Deliver a “must-have” product in order to delight customers and grow our user base 3 Key Initiatives and Projects • Measured as % completed • Used to track milestones Formula verb + what you’re going to measure Example Build a dashboard to track UX performance issues
4. September 2022 Writing OKRs Cheat Sheet 4 Step 2: Edit–Ask the right questions OKR Superpowers Review your OKRs against the 5 OKR superpowers: • Focus: What can be eliminated? • Alignment: Who are the stakeholders? • Tracking: Can we track if we were successful? • Transparency: Where are there unseen implications or bottlenecks? • Stretch: Is it propelling the business forward?
5. September 2022 Necessary and Sufficient Test Review your OKRs against these 2 key questions: Question 1: Are all these Key Results necessary to achieve my Objective? If YES: It passes the necessary test Example Objective • • • • • Key Result 1 Key Result 2 Key Result 3 Key Result 4 Key Result 5 If NO: Remove what isn’t needed Example Objective • • • • • Key Result 1 Key Result 2 Key Result 3 Key Result 4 Key Result 5 Writing OKRs Cheat Sheet Question 2: Will accomplishing my Key Results be sufficient enough to achieve my Objective? If YES: It passes the sufficient test Example Objective • • • • • Key Result 1 Key Result 2 Key Result 3 Key Result 4 Key Result 5 If NO: Modify or add Key Results to make them stronger Example Objective • • • • • • Key Result 1 Key Result 2 Key Result 3 Modified Key Result 4 Key Result 5 Key Result 4 Added 5
6. September 2022 Help employees thrive with an employee experience platform Writing OKRs Cheat Sheet 6 Employee expectations have never been higher. Top talent can write their own ticket and choose where they work. Yet HR leaders face the challenge of driving engagement, learning, wellbeing, and growth wherever employees are getting work done. To recruit, retain, and upskill workers, the right technology can be critical. As this data shows, companies that have an integrated platform vouch for its ability to support these bottom-line business goals. For organizations that want to become an employer of choice, pay and benefits simply aren’t enough. It’s the employee experience that makes the difference. Discover Microsoft Viva Microsoft Viva is an employee experience platform that brings together communications, knowledge, learning, resources, and insights in the flow of work. Powered by Microsoft 365 and experienced through Microsoft Teams, Viva fosters a culture that empowers people and teams to be their best from anywhere. Learn more about Microsoft Viva ©2021 Microsoft Corporation. All rights reserved. This document is provided “as-is.” Information and views expressed in this document, including URL and other Internet website references, may change without notice. You bear the risk of using it. This document does not provide you with any legal rights to any intellectual property in any Microsoft product. You may copy and use this document for your internal, reference purposes.

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