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RK
Rick Klau
05/15/13
@ GV (Google Ventures)
OKRs must be measurable; for example, instead of saying 'make Gmail a success,' a clear objective would be 'launch Gmail in September and achieve one million users by November.'
Video
G(
How Google sets goals: OKRs / Startup Lab Workshop
@ GV (Google Ventures)
05/15/13
Related Takeaways
RK
Rick Klau
05/15/13
@ GV (Google Ventures)
Key results must be quantifiable; for instance, instead of saying 'make Gmail better,' specify measurable improvements like reducing response time by 30%.
RK
Rick Klau
05/15/13
@ GV (Google Ventures)
The commitment to measurable objectives and transparency is crucial for the success of the OKR process within a company.
RK
Rick Klau
05/15/13
@ GV (Google Ventures)
Setting objectives and key results (OKRs) has been a critical element of Google's management since 1999, helping the company grow and maintain its focus.
RK
Rick Klau
05/15/13
@ GV (Google Ventures)
OKRs are not a performance evaluation tool; they are meant to guide and measure progress rather than serve as a basis for annual reviews.
RK
Rick Klau
05/15/13
@ GV (Google Ventures)
John Do introduced OKRs to Google when the company was less than a year old, demonstrating that even young companies can benefit from structured goal-setting.
RK
Rick Klau
05/15/13
@ GV (Google Ventures)
A successful OKR process creates a virtuous cycle where individual objectives align with company goals, ensuring everyone is working towards the same results.
RK
Rick Klau
05/15/13
@ GV (Google Ventures)
At Google, everyone's OKRs, from the CEO to individual employees, are public, allowing transparency about what each person is working on.
RK
Rick Klau
05/15/13
@ GV (Google Ventures)
I believe that implementing OKRs should happen as soon as possible in a company's evolution to establish a disciplined approach early on.
AC
Adora Cheung
08/01/19
@ Y Combinator
To set effective goals, you can either pick a growth rate you believe you can achieve or time-box an absolute goal, such as the number of active users or revenue you want by the end of a specific period.