KPIs Vs OKRs

KPIs vs OKRs
Metabolic Leaders
 https://www.whatmatters.com/faqs/okr-meaning-definition-example
2 | 2024 Team Development | M.Bahnasawi | 16 Jan. 2024 | OKRs | Business Use Only
KPIs VS OKRs
Key Performance Indicators Objectives and Key Results
Measure the success Set the goals
On the outcome On the outcome
Improve a certain project Define the large vision
A department The company
Define the business goals and how to achieve

Measure performance
them
OKRs are a management methodology which helps to
What are OKRs? ensure that your company focuses efforts on the same
Objectives and Key Results important issues throughout the organization.
Objectives
An Objective is what you want to accomplish
A good objective is significant, concrete, action-oriented
and inspirational. Can be set annually or over an even
longer-term.
Key Results
Key Results are how you will accomplish it.
Good key results are specific, timebound, aggressive yet
realistic measurable and verifiable. Can be set quarterly
and evolve as work progresses.
What's Matter
What is OKRs?
OKRs History
 OKRs originally concept cam from Intel and speared to other Silicon Valley
companies
 Google adopted OKRs in 1999, during its 1st year. It supported Google’s
growth from 40 employees to more than 60,000 today.
 Beside Google other companies use OKRs, including LinkedIn, and Airbnb.
 But not only for digital companies. Walmart, Target, The Guardian, Dun and
Bradstreet, and ING Bank are also using OKRs.
What is OKRs?
 The big difference from traditional planning methods? OKRs are frequently set,
tracked, and re-evaluated – usually quarterly.
 OKRs is simple, fast-cadence process that engages each team’s perspective

and creativity.
 OKRs exists to create alignment and to set the cadence for the organization.
 The goal is to ensure everyone is going in the same direction, with clear
priorites, in a constant rhythm.
 I will (Objective) as measured by (this set of key result)
What is OKRs?
Objectives: Key Results:

Are memorable qualitative description Are set of metrics that measure your
of what you want to achieve. progress toward the objective. For
Objective should be short, each objective, you should have set 2
inspirational and engaging. An to 5 key results. More than that, no
objective should motivate and one remember them
challenge the team
OKRs Examples
OKRs example for hiring
Objective 1: Improve recruitment process
1. Reduce average time to fill job

vacancy by 7 days
Objective 1: 2. Increase competency interview
questions by 10%
3. Decrease cost per hire by 10%
OKRs example for hiring
Objective 2: Hire top talent
1. 10% increase in job offer

acceptance rate
Objective 2:
2. 100% pass rate for new hire
probations
OKRs example for compensation and benefit
Objective 1: Improve salary competitiveness
1. Have clear salary level for 70% of

employees.
Objective 1:
2. Use of 3 additional industry
salary reports for comparison
3. 70% of employees have salaries
on par with industry rates
Writing OKRs
Tips for writing good OKRs
 Don’t turn your OKR’s into task list
 OKRs do not cascade
For Objectives For Key Results
• First of all, Objectives should be • Septate metrics from tasks
simple, short and easy to memorize. If • Set few of them. Usually between 2 and 5
you have to stop to breath while per objective.
reading your objective, you are doing
it wrong
• Second, Objective shouldn’t be
boring. They can fit the organizational
culture and be informal and fun. You
can use slangs, internal jokes –
whatever fits your culture.
Let’s Create OKRs
| 2024 Team Development | M.Bahnasawi | 16 Jan. 2024 | OKRs | Business Use Only
18
What is unique about OKRs?
| 2024 Team Development | M.Bahnasawi | 16 Jan. 2024 | OKRs | Business Use Only
19
What is HR Agile?
 An Agile Organization is one that is quick in responding to changes in the
market place or environment.
“The Agile model of HR states that human resources job is not just to implement
controls and standards, and drive execution – but, rather to facilitate and
improve organizational agility. This changes HR’s mission and focus. Driving
agility means driving programs that create adaptability, innovation,
collaboration, and speed”
Josh Bersin
What's unique about OKRs?
Agile Goals Bidirectional Goal Settings
Simplicity Ambitious Goal
Transparency Decoupling Rewards
Nested Cadences
Agile Goals
Instead of using annual static planning, OKRs tasks an agile
approach. By using shorter goal cycles, companies can adapt
and respond to change
Simplicity
Using OKRs is straightforward, and the OKRs themselves are easy to

undersand.

KPIs Vs OKRs

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KPIs Vs OKRs

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KPIs vs OKRs

Measure the success Set the goals

On the outcome On the outcome

Improve a certain project Define the large vision

A department The company

Define the business goals and how to achieve

 OKRs is simple, fast-cadence process that engages each team’s perspective

 I will (Objective) as measured by (this set of key result)

Objectives: Key Results:

Objective 1: Improve recruitment process

1. Reduce average time to fill job

Objective 2: Hire top talent

1. 10% increase in job offer

Objective 1: Improve salary competitiveness

1. Have clear salary level for 70% of

Agile Goals Bidirectional Goal Settings

Simplicity Ambitious Goal

Transparency Decoupling Rewards

Using OKRs is straightforward, and the OKRs themselves are easy to

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