OKRs (Objectives and Key Results) Basics
What Are OKRs (Objectives and Key Results)?
Objectives and key results (OKRs) are often adopted by organizations that want to be more outcome-driven. By setting objectives, you can establish accountability, which keeps your teams focused on outcomes rather than deliverables. This process allows departments within your organization to align on one or more objectives, innovating and iterating to meet customer demand. By measuring what matters and orienting your organization around outcomes, you can realize the value of your teams' efforts faster.
You use Planview OKRs to implement a goal-setting approach by performing the following tasks:
- Define objectives to capture and track progress toward high-level goals.
- Define the key results that will capture and track progress toward different elements of your objectives.
- Review the progress and adjust ongoing or future work as necessary.
Objectives can also be connected OKRs—Planview AgilePlace objectives and Planview Portfolios objectives that are connected to each other in a parent-child relationship, sharing data across the Planview platform. For example, you could use connected OKRs if you are using Planview Portfolios for funding and investment capacity planning and AgilePlace for program/work delivery. The parent objective can be in either product. For more information, see Connected OKRs.
For general information about defining objectives and key results, see A Guide to OKRs: Mastering OKRs and Key Results.