Deck from OKRs Meetup June 2014
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Main slides from the Keynote held in Berlin OKRs Meetup in June 2014. OKRs is an improved Management by Objective method utilized by a lot of todays most successful tech companies, most notably Google Inc who made it famous through the following video: http://bit.ly/P6Mzg8 There is however lots of issues implementing it, where the strategic planning process is the key speed bump.
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Deck from OKRs Meetup June 2014
- 1. @Berlin Breakfast & OKRs 20140623 Objectives & Key Results (OKRs) in fast growing startups
- 2. www.itsinthenode.com 1. Completely transparent 2. Stretched Objectives 3. Measurable Key Results 4. Cascaded from Strategy, formulated by individual. 5. Its communication, not performance.
- 3. www.itsinthenode.com The #1 reason startups fail to implement OKRs ”The strategy substitution pit fall”.
- 4. www.itsinthenode.com S5M5 The strategic 5The motivational 5 = Vision Mission Purpose Plan Goals Business Value added Target customer Value proposition Distinctive capabilities http://bit.ly/1i8jhur
- 5. www.itsinthenode.com The strategic 5 Business Value added Target customer Value proposition Distinctive capabilities The motivational 5 Vision Mission Purpose Plan Goals M5 S5
- 8. www.itsinthenode.com Time (33%) Objective (20%) Key Result 1 (25%) Key Result 2 (20%) Key Result 3 (15%)
- 9. www.itsinthenode.com 4367 1290 6288 33 47 42738030 615245 33 (%) 88 23 46 12 43 67 35 55 20 52 41 37
- 10. www.itsinthenode.com Streams Finance HR Marketing Production Sales Bookkeeping Planning Reporting Performance management Compliance Hiring Price Management Print marketing General marketing Internet marketing Lead Generation Product Line operation Staffing Training Major account Minor account New Accounts Accounts Payable Accounts Receivable Auditing Budgeting Forecasts Fiscal Results Analysis Career path Performance review Standards Recruiting New hire onboarding Advertising Advertising Website Cold Calling Callback requests Account management Account management Product Demonstration Lead qualification Account Setup Product proposal creation Bill Payment Check Deposits Inventory Report Financial Statements Monthly Reports Profitability Standard Costing Ad-Hoc Reporting Promotions Salaries Employee feedback Manager feedback Goal setting Workplace signage Training Incedent reporting Enforcement Content creation Proofing Publishing Marketing effectiveness Content creation Proofing Publishing Event management SEO Call Lead tracking Request management Contact Support Sales Contact Support Sales
- 13. www.itsinthenode.com Benefits Sanctions risk taking Puts strategy in the hands of each person Phenomenal in creating disciplined thinking - if you let it Best tool unleashing the ”power of quiet”. http://bit.ly/1mhSEnB
- 14. www.itsinthenode.com We believe in thisWe believe in this
- 15. www.itsinthenode.com We believe in thisWe believe in this