This is my talk from Agile Australia 2017 on the topic of how using objective and key results (OKRs) helps companies alignment from vision to execution.
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Language: en
Added: Jun 28, 2017
Slides: 43 pages
Slide Content
@lifeofmle
Aligning Impact from Boardrooms to Pixels
Michael Le
@lifeofmle
10 years working with startups and enterprise companies
Built and grew products with 15 teams
Past roles: Developer, Team Lead, Scrum Master
I am Michael Le, Product designer at
Hello
@lifeofmle
Build projects around motivated individuals.
Give them the environment and support they
need, and trust them to get the job done.
Agile Manifesto, Principle #5
“
@lifeofmle
What are your goals?
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1
2
3
Priorities
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Only 1/3 executives can name
their top 3 company priorities
Donald Sull (MIT) & Rebecca Homkes (LBS)
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Company Goals
Teams
Objectives & Key Results
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Define.Focus.Scale.
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Define your goals
@lifeofmle
objective key results
The thing you want to doWhen you know you reached it
qualitative quantitative
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We will ____________________
as measured by _____________
objective
key results
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Increase revenue by 15% in the
next 3 months
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We will __________________________
objective
key results
as measured by ___________________
help users discover relevant content
Increase revenue by 15% in the
next 3 months
@lifeofmle
Objective
We will help users discover relevant content
As Measured By
Increase revenue by 15%
80% of users play the discovered content
NPS score improvement of 56 to 60
@lifeofmle
Objective
We will help users discover relevant content
As Measured By
Increase revenue by 15%
80% of users play the discovered content
NPS score improvement of 56 to 60
Guide for Objectives
•Short and inspirational
•Customer focused
•Solution agnostic
•Defines the why
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Key Result Values
•Acquisition
•Activation
•Retention
•Revenue
•Referral
•Customer experience
•Performance
Objective
We will help users discover relevant content
As Measured By
Increase revenue by 15%
80% of users play the discovered content
NPS score improvement of 56 to 60
@lifeofmle
Definition of done
Acceptance Criteria
(OKRs)
Success Criteria
From Delivery To Value
Felipe Castro
OKR Coach, Partner at Lean Performance
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If you measure it,
then you can improve it
@lifeofmle0.5
10
no progress0.3
minimum effort
0.7
difficult but attainable
starting target
nearly impossible
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Objective
We will help users discover relevant content
As Measured By
✅Increase revenue by 15%
"80% of users play the discovered content
✅NPS score improvement of 56 to 60
Grade: 0.6
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Defining goals helps with
communication
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Focus your goals
@lifeofmle
Teams today are all too often feature factories, with
little regard for whether the features actually solve
business problems.
Marty Cagan
“
@lifeofmle
Objective
Objective
Objective
Objective
Objective
Objective
Objective
Objective
Objective
Objective
Objective
Objective
Objective
High Customer Value
Low Customer Value
Low Business Value High Business Value
Objective
Objective
2 4
1
3
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4 objectives
3 key results per objectivesx
12 priorities
@lifeofmle
1 objectives
3 key results per objectivesx
3 priorities
@lifeofmle
Objective
We will enable the small businesses to be more
efficient with daily transactions
As Measured By
Increase transactions by 15%
10 new businesses sign up
100% uptime
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Monday
Friday
Set activity priorities
Make it visible
Report and celebrate progress
@lifeofmle
‘Everyone is too busy’ is a cultural symptom of a lack
of clear strategy and prioritization process. Need
objective process for saying “No.”
Jeff Gothelf
Lean UX & Sense and Respond
“
@lifeofmle
Objective
We will enable the small businesses to be more
efficient with daily transactions
As Measured By
✅Increase transactions by 15%
"10 new businesses sign up
✅100% uptime
Score: 0.7
@lifeofmle
Focusing goals helps with
effectiveness
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Scale your goals
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It starts at the company level
@lifeofmle
COMPANY
Objective
We will help users discover relevant content
As Measured By
•Increase revenue by 15%
•Acquire 1000 new users
@lifeofmle
COMPANY
Objective
We will help users discover relevant content
As Measured By
•Increase revenue by 15%
•Acquire 1000 new users
PRODUCT
Objective
We will increase revenue by 15%
As Measured By
•Increase of in-app revenue by 10%
•Reviews in app store of 4+
MARKETING
Objective
We will acquire 1000 new users
As Measured By
•Increase conversions of visitors by 5%
•Referrals from blogs to increase by 2%
Strict Alignment
@lifeofmle
COMPANY
Objective
We will help users discover relevant content
As Measured By
•Increase revenue by 15%
•Acquire 1000 new users
PRODUCT
Objective
We will improve the offline experience
As Measured By
•Increase mobile usage by 30%
•Increase in-app revenue by 12%
MARKETING
Objective
We will incr. awareness amongst indie scene
As Measured By
•Increase new visits by 20%
•Increase NPS from 60 to 70
Directional Alignment
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Does this look like waterfall?
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QUARTER 1 QUARTER 2 QUARTER 3 QUARTER 4
COMPANY
DEPARTMENT
TEAM
Top down and bottom up
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OKRs are shared
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PRODUCT TEAM
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Product Managers
DesignersEngineers
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TECH PRODUCT DESIGN
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TECH PRODUCT DESIGN
Splitting Goals
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Scaling goals helps with
understanding
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How do you start OKRs tomorrow?
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Define your goals
•Present and explain OKRs to company
•Define the objectives
•Set the key results
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Focus your goals
•Execute your OKRs
•Iterate your process
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Scale your goals
•Share your OKRs
•Review and adjust OKRs