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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.

Video

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How Google sets goals: OKRs / Startup Lab Workshop

@ GV (Google Ventures)

How Google sets goals: OKRs / Startup Lab Workshop

05/15/13

Related Takeaways

RK

Rick Klau

05/15/13

@ GV (Google Ventures)

I emphasized that grades for OKRs should be directional indicators rather than precise scores, focusing on delivering results instead of over-engineering the grading process.

RK

Rick Klau

05/15/13

@ GV (Google Ventures)

The OKR process imposes discipline on the organization, helping individuals understand their priorities and make conscious decisions about what not to work on.

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.'

RH

Reed Hastings

02/24/24

@ Stanford Graduate School of Business

The annual performance review is often ineffective; continuous feedback throughout the year is more beneficial for employee development.

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)

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)

I believe that implementing OKRs should happen as soon as possible in a company's evolution to establish a disciplined approach early on.

RK

Rick Klau

05/15/13

@ GV (Google Ventures)

I stressed the importance of simplicity in the OKR process, advocating for a straightforward approach to tracking and grading objectives.