OKRs, which stands for Objectives and Key Results, are typically set and reviewed on a quarterly basis. This allows companies to regularly assess their progress and make necessary adjustments to their strategy execution. During the “Reset” phase, which occurs every three months, companies have the opportunity to evaluate their OKRs and determine if any changes or refinements are needed. This iterative approach ensures that goals and objectives remain aligned with the evolving needs of the business. By regularly reviewing and resetting OKRs, companies can effectively track their business performance and drive continuous improvement.
FAQ in this section
- Does each business function work on a different OKR from the ELT?
- Can we change our OKRs after we set them?
- How can I change my OKRs?
- Can I update someone else’s OKRs?
- How do I help my teams do OKRs better?
- How do you deal with goals that span longer than three months?
- We achieved our KR and that was great. Now we want to maintain our performance at that level. Should we put the same KR for this next quarter?
- Can OKRs be modified or updated periodically?
- What happens at the end of an OKR Period?
- How do we make sure that OKRs get worked on?
- What’s the best way to make sure everyone is on the same page and knows how to use OKRs within the organization?
- What is the rhythm/cycle that OKRs are set?
- Do we always roll over our OKRs we didn’t fully achieve to the next quarter?
- Can I use OKRs to test a new idea or are OKRs only for things we already do?
- What is the difference between a retrospective and review?
- When should I update my KRs?
- How to work with shared OKRs?