IIA-Australia Factsheet - Objectives and Key Results (OKRs)

IIA-Australia Factsheet - Objectives and Key Results (OKRs)

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Author

IIA-Australia

Date

2022

Topics Explored

Governance

Format

Factsheet

Extract/Description

Objectives and Key Results are a goal setting tool to assist individuals and teams to define goals and plan how to measure achievement of them.

Key Points

  1. Objectives can serve as a great communication piece to define the goal and direction intended for the organisation.
  2. Key Results allow everyone to be accountable and to determine how they choose to get to the ‘destination’.
  3. OKRs identify what is most important by prioritising achievements that potentially have the biggest business impact or benefit.

Relevant Industries

All

Level of Assumed Knowledge

Expert