Felipe Castro’s The Beginner’s Guide to OKR is a “How-to” guide for getting started with OKRs and enabling your team or corporation to deploy the finest goal-setting system currently accessible. It’s a step-by-step approach to goal-making that helps you get started with setting meaningful and impactful objectives. This book will show you how to better manage a team and achieve success.
This is an incredible book for beginners because it is written in a way that everyone can comprehend, even if they have never heard of the term OKRs. This book will assist you in understanding the fundamentals of OKRs if you are new to them. But it wouldn’t be fair to underestimate how much this book can teach you!
What exactly is OKR?
This section discusses the history of OKRs and companies that have successfully implemented them. In this section, he also goes over the components and examples of OKR, as well as how to write the greatest OKRs.
- Intel came up with the idea for OKR, which then expanded to other Silicon Valley corporations. OKR was adopted by Google in its first year, in 1999.
- It aided Google’s expansion from 40 people to over 60,000 now. OKR is used by Spotify, Twitter, Linked In, and Airbnb, in addition to Google.
However, the OKR system isn’t just for digital businesses. OKR is also used by Walmart, Target, The Guardian, Dun & Bradstreet, and ING Bank.
Notable OKR mistakes include
1 Using OKR as a to-do list.
Use OKR to see if you’re adding value rather than just performing duties. As a result, you must be aware of the distinction between Value-based and Activity-based Key Results.
2 Using an excessive number of OKRs.
This blunder is frequently made as a result of the first. OKR should be a list of your priorities rather than a laundry list of everything to do.
OKR stands for Objectives and Key Results, and it is your definition of what is most essential during that quarter. Even if you’re employing Value-based Key Results, you’ll need focus if you want your team to remember what they’re supposed to be doing.
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3 Failure to align your OKRs
Because OKR is an alignment tool, you should never use it alone. You must communicate with the other teams.
4 “Set it and Forget it,” as the saying goes.
OKRs aren’t the same as New Year’s Resolutions. You will never reach them if you do not follow through on a regular basis.
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Writing good OKRs: Some pointers from the book
- Second, goals should not be monotonous. They can be informal and enjoyable, and they can fit into the workplace culture.
- When writing your objective, make sure that it’s both ambitious and action-oriented. Anyone should be able to tell whether an aim was met at the end of the quarter.
One of the primary reasons why people struggle to set and achieve OKRs is that they are unfamiliar with the structure, principles, and best practices of OKRs.
This book contains all the necessary knowledge, from beginner to expert, to get you started with the OKR technique.
We hope you like reading this book because it is packed with not just information but also tips and methods to help you take your OKR game to the next level.