How Google Sets Goals: Objectives & Key Results

6429 reads

Always wondered, how work gets done at Google. How does execution happen? This video is a very detailed presentation on the OKR process- Objectives and Key Results that everyone at Google Follows.

Interestingly this process was suggested to Google Founders, Larry Page, Sergey Brin by John Doerr (VC) when Google was less than an year old.

Be warned that this video created for Google Ventures, is not entertaining, it is long 1 Hr 21 Min, but it is a very detailed presentation of how this process works.

Some key learning:-

- OKRs help clarify on what is important and what not to be working on.

-60% plus of the OKRs are driven from the team or the individual.

- Though one tracks whether Objectives and Key Results have been met or not. These are not part of the appraisal or increment process.

- Key Results need to be measurable, however if you are spending more than one minute on grading you are doing something wrong. Focus needs to be on doing things not measuring.

- High scores are rare. Low scores does not mean failure.

- Look at Grades on OKRs as data to what needs to be stopped doing, and look at the assumptions made while setting the OKRs. What to stop doing and what to continue doing is what is the outcome of reviewing OKRs

-Team OKRs are discussed once a quarter. Idea is to explain why you got a particular grade and what did we learn and what to do next. And set next teams OKRs.

- Revisit the OKRs Once or Twice a quarter with team leaders to see if one is on track. If not see if the OKRs need to be revisited, stop doing something or renew focus on what is important.

- Needs to be a light weight process. Focus on Doing the Work rather than meeting to discuss the work.

Recommend this to entrepreneurs and business leaders.
 

 

Trending

194
Johngreathouse's picture

How Trying To Assassinate Hitler Led To The Beatles’ Sgt. Pepper

A version of this article previously appeared in Forbes. I recently enjoyed John Covach’s History Of Rock Coursera course. In an early lecture, he explains how the Nazis’ desire to protect Hitler from assignation led to the invention of
89
mashable's picture

Google just slashed the price on its massive storage plans with Google One upgrade

Google's storage plans are getting cheaper. The company has launched a new storage plan called Google One, which offers significantly better deals than Google Drive storage plans. There's no need to switch, because all current Drive storage
80
johnsullivan's picture

HireVue, Indeed Unveil Pre-Hire Assessment Solutions Born Out of Acquisitions

One did it with a new acquisition. MindX, a game-based assessments company based in London, has been acquired by HireVue, best known as one of the oldest video interviewing solutions. The announcement was made last week. “The MindX game-based
360
changethis's picture

Start Imagining a Future of Human + Machine

“In the first wave of transformation, businesses standardized processes. Think Henry Ford and the assembly line, where steps in the overall process were broken down, measured, and optimized to achieve gains in efficiency. The second wave of
121
jackcanfield's picture

Try This Simple Night Meditation Called "The Evening Review"

Successful people maintain a positive focus in life no matter what is going on around them. They stay focused on their past successes rather than their past failures, and on the next action steps that will get them closer to the fulfillment of their
106
davecrenshaw's picture

How far would you go for a friend?

I recently witnessed an act of compassion and friendship so unexpected, it moved me to tears. And it happened in a very unlikely place: Pelican Bay super-maximum security prison. I support a program called Defy Ventures, an organization that works
104
johnsullivan's picture

Here We Go Again – LinkedIn Updates Its User Agreement

There are times in my life when I hate that I am right about something. Like the time I thought an employee was stealing from my store back in the day and two days later I caught them doing just...
224
changethis's picture

How Women Rise: Helping Women Change the Behaviors that Get in Their Way

“It’s not surprising that many of the behaviors that hold men and women back would be different. After all, women often have very different experiences at work. And experience shapes habits and responses.Familiar habits and responses may feel
189
danielhpink's picture

PINKCAST: This is how (not) to calm your nerves

There are two kinds of people in the world: Those who feel a little nervous before big presentations . . . and liars.For all of us in the first group, this 86-second Pinkcast — it’s a phone show, folks! — offers a simple, science-based technique for