On-Demand: How to set OKRs with Buzz Lightyear
Ditch the set-and-forget goals. Learn how to use OKRs that make a real difference to your business by helping your people to see how they contribute to success. With a little scene setting using OKRs that we've developed for Buzz Lightyear.
Andy Roberts, Weekly10 Founder and CEO, presented this live workshop at CIPD Festival of Work 2022 in London.
You'll hear a quick history of how OKRs developed from Peter Drucker's Management by Objectives (MBO) System in 1954, in to what we know today as John Doeer's OKRs. Adopted by google, LinkedIn, Microsoft, Amazon, Netflix, and Capgemini.
He explains the anatomy of a great OKR. Where an Objective must be easy to remember, start with a verb, qualitative, aspirational and create. impact. And how Key Results start with a verb, are quantitative and define success.
And that's where he introduces you to (what we think) Buzz Lightyear's OKRs could be. As well as showing you how this applies to your own business. And what a good OKR cycle looks like.
And finally, use an OKR software tool that connects your employee performance and engagement for a holistic and much more effective process.
Learn more about OKRs
It's important to understand what an OKR is and isn't. That's because they require a mindset shift across the company. The acronym OKR stands for Objectives and Key Results. It’s a goal-setting framework that helps break down company strategy into manageable chucks. It’s a simple approach to create alignment and employee engagement around measurable but ambitious goals. They're used by highly agile and innovative companies looking to maximise employee performance and engagement through transparency and accountability.
OKRs helps companies bridge the gap between strategy and execution. They encourage managers and employees to move from an input and behaviour-based approach to instead focus on impact and outcomes. The benefits of the framework include a better focus on results that matter, increased transparency, and stronger company alignment. The OKR goal-setting framework achieves this by organising employees and the work they do around achieving common objectives.
Download the accompanying best practice guide: How to set OKRs that actually work 👇