When it comes to setting OKRs (Objectives and Key Results) for your team, it’s important to strike a balance between focus and manageability. While there is no hard and fast rule, a good guideline is to have around 3-5 Objectives, with each Objective having about 4-6 Key Results.
Remember, less is often more in the world of OKRs. It’s better to have a smaller number of well-defined and impactful OKRs than to overwhelm your team with too many objectives. For example, having 2 OKRs with 3 KRs each can be more effective than having 6 OKRs.
By keeping your OKR framework streamlined, you allow your team to channel their efforts and resources toward achieving specific and measurable outcomes. This level of focus improves strategy execution and enhances business performance management.
So, take the time to carefully consider your business goals and objectives, and then select a few key areas where you want to drive significant progress. By doing so, you’ll be better positioned to align your team’s efforts, measure what matters, and ultimately achieve success.