In this article, we shall explore how to write a measurable child Key Result that aligns with a parent OKR objective.
Unlike an OKR objective which is aspirational and refers to a business value to be achieved, an OKR Key result is quantitive and metric-driven; it describes the starting point and end point of the result.
Format of an OKR Key Result is:
<Verb +what you are going to track>
You would use verbs like:
Increase from X to Y
Decrease from x to Y
Example:
Increase sales from 20% to 40%
Decrease call abort ratio from 15% to 10%
What if you don’t have a starting point? This means a baseline has not been established. Then the new state you want to achieve will be your baseline.
You can then use
Achieve X
Key results must be SMART
S – Specific
M -Measurable
A – Achievable
R – Realistic
T – Time-bound
Key results could be metric-based or milestone-based.
Example
To complete installing of 20 servers by Nov 15, 2022
Metric milestone describes a deliverable, but does not describe an improved state. Be careful not to have too many milestone-key results or it will turn into a task list. As a golden rule, the milestone key result must be quickly followed by a metric key result to be effective.
By OKR best practice, Key result should last 1 OKR cycle, while an Objective could last multiple OKR cycles up to 1 year.
The purpose of this is to break up key results so that they can be achieved within 1 OKR cycle, usually a quarter. You achieve the win and move on to the next cycle.
In Conclusion
In the OKR best practice:
- A Key result is a child of an Objective
- While the objective is aspirational driven, the Key Result is metric drive
- Use increase, decrease from X to YY,
- Use Achieve X if no baseline
- Key results could be metric drive or data-driven
- Key results is time-bound to 1 ORK cycle. If you cannot complete a key result in 1 OKR cycle, mark the completed % and create a separate Key Result for upcoming quarters, if required.
Target Align OKR training and software
Get 20% off on our online LIVE OKR Certificate course using promocode targetalign20off
Try Target Align OKR app for free during our promotion period till Dec 31, 2024. Use promocode
TA1130
For more articles on OKR, project management, business analysis and upcoming exciting course and app promotions, please subscribe to: