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Why are OKRs Important for Setting Goals?

Why are OKRs Important for Setting Goals?

  • John Campbell
  • December 28, 2019
  • 6:00 pm

It’s goal-setting time again. What are your OKRs? One of the best managers of our time, Andy Grove, felt that OKRs—Objectives and Key Results—were essential because they focused on execution. He felt that the actions we took determined our success.

John Doerr’s TED Talk Why the secret to success is setting the right goals outlines Grove’s OKRs and adds an important element: determining our why motivation. Determining our “why” gives us purpose.

With a foundational why, we’re better able to execute the “what” and the “how.”

 

Practice Tip: Find Your Why, What, and How

  • Purpose (why): Set the right goals for the right reasons, ones that inspire you and give you a sense of purpose.
  • Objectives (what): Objectives give you direction. Be as clear as you can when defining them.
  • Key results (how): Knowing the results helps you define the processes—the hows—that you’ll do Key results need to be measurable and time-bound. A simple yes/no answer at the end of the time-bound period is all it takes to determine if you succeeded.

I suggest checking out Simon Sinek’s book: Find Your Why. It gives you practical ways to determine your why, but then also goes into the what and the how that flow from the why.

This Post Has 2 Comments

  1. Kathleen Lawrence December 30, 2019 Reply

    Thank You Arno! I have been listening to a pod cast by Rachel Hollis- It is a motivational / business podcast for women. She is a huge believer in this path to reaching your goals and dreams! Thanks so much for your continued encouragement!

    1. Arno January 5, 2020 Reply

      Welcome Kathleen. I’ll check out her podcast. Sounds targeted and interesting. Arno

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