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What are OKRs?

OKR stands for Objective and Key Results. It is a popular management strategy for goal setting within organizations. It is a method of defining and tracking goals, the outcomes necessary to achieve those goals, and the progress of all steps being taken to achieve the goals.

An OKR example:

O: Successfully implement the weekly newsletter
KR 1: Finalize the content strategy, key messages and topic structure for next 6 months
KR 2: Grow subscriber base at least 5% per week, getting to 50000 readers
KR 3: Increase the CTR% to above industry average 3.5%

This simple method allows organisation to set a clear focus and to have all team members work together in a unified direction.

The simplicity, efficiency, and transparency of the OKR system are reasons why it was integrated into Holaspirit.

How to create an OKR

Any member of the organization can create an OKR for any role. Changes can be made at any time, so keeping your goals and progress up-to-date is easy.

How can I see the progress/status of my goals?

Using OKR allows to easily measure progress. In Holaspirit, all OKRs will show the overall completion percentage next to it.
You can measure KR on a scale from 0% to 100%. For example, 40% of leads have been contacted, 70% of the project is completed. If an objective has three key results, and those individual results are at 65% done, 80% done, and 35% done, the objective as a whole will show as 60% done. Don't worry, our system does the math for you!

You can customize the measure scale. If it makes more sense, you could for example set a scale from 0 to 1, 0 for unaccomplished results and 1 for accomplished.

Note. It's up to you to review OKRs' progress regularly by moving the slider runner.

Affiliate OKRs

OKRs are transversal within the organization. You can affiliate an OKR to another OKR from any circle.

Affiliating OKR helps your organization accomplish larger goals. By letting everyone see the smaller parts that drive the larger objective, everyone can gain a better understanding of how they contribute to it.

Let's take our example again:

In the General Circle (parent-OKR)
O: Successfully implement the weekly newsletter
KR 1: Finalize the content strategy, key messages and topic structure for next 6 months
KR 2: Grow subscriber base at least 5% per week, getting to 50000 readers
KR 3: Increase the CTR% to above industry average 3.5%

In the Marketing Circle (child-OKR):
O: Finalize the content strategy, key messages and topic structure for next 6 months
KR 1: Review all content available within the organization
KR 2: Write the editorial calendar

Note. An OKR can only be linked to one superior OKR.

Attaching projects

The more details included in an OKR, the more clarity and direction you will have, as well as the ease of having everything you need to know all in one place. With this in mind, you can also attach previously created projects to your OKRs.

More about OKR and Self-management

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