The basic OKR structure is rather simple and streamlined. You can define OKRs in a spreadsheet or special OKR software. Follow these 5 steps as you get started.
1. Set your Objectives
As you begin setting your first OKRs start by defining 3-5 Objectives for your company, team, or self that you want to achieve during a given time period. Objectives should be ambitious, qualitative, time bound, and actionable.
2. Define your Key Results
Under each Objective set 3-4 measurable Key Results. Key Results show the most important things you need to do this quarter, not every small task you do each day. Key Results can be based on growth, performance, revenue, or engagement.
3. Update your OKRs
While you should set OKRs for quarterly or annually periods, it is important to go over your OKRs every week. This way you can make sure you stay on track with your goals and provide and give feedback to team members as necessary.
4. Plan your activities
It is also important to incorporate OKRs into your weekly activities. Each week think about what projects and plans you should focus on to achieve those Objectives and write them out. This way you can see how all your efforts help you achieve your goals.
5. Review your OKRs
At the end of the quarter or year you should then look back at the accomplishment of your OKRs. See what you did well and what you can improve on. From there you can start planning your next OKRs.
If you need a graphic overview of how to get started with OKR be sure to check out okrtutorial.com.