OKR Framework
Our Alignment tab now includes updated verbiage - “Goals” are now “Objectives” throughout the Leadr platform - to further clarify the objectives required to achieve your organization’s mission.
Why the change?
- Language Matters: the subtle shift in language orients us toward a team and organization-centric approach, rather than a personal, isolated one.
- Repeatable Frameworks: most organizations utilize frameworks like The Advantage or OKRs to cascade clarity throughout the org chart. The “Objective” language more clearly mirrors these frameworks, making it more digestible and actionable for your teams.
So, Whats the OKR Framework?
The OKR (Objectives and Key Results) framework is a structured approach to setting and achieving goals that helps organizations stay focused on what matters most. It connects big-picture ambitions to measurable results, enabling teams to work with clear purpose and track their progress effectively.
Core elements:
- Structure: Each OKR consists of an objective with 3-5 measurable key results
- Cadence: OKRs are typically set quarterly and annually
- Transparency: OKRs are public within the organization to promote alignment
- Cascading: Higher-level OKRs inform but don't dictate lower-level ones
Key principles:
- Set ambitious goals ("stretch goals") to drive innovation
- Separate goal-setting from performance evaluation
- Focus on outcomes rather than tasks
- Keep goals few but significant
- Regular check-ins to track progress
Want to See an Example?
Objective: "Become the preferred platform for first-time homebuyers" Key Results:
- Increase first-time buyer market share from 10% to 25%
- Achieve 90% positive feedback on first-time buyer experience
- Reduce average time to close for first-time buyers from 45 to 30 days
Definitions
Objectives: Qualitative, aspirational goals that define what you want to achieve in a specific timeframe. They answer the question "Where do we want to go?"
Key Results: Quantifiable metrics that track progress toward an objective. They answer the question "How will we know we're getting there?"