Master the OKR framework cycle by exploring the widespread adoption of OKRs as a popular business goals setting framework among organizations. Understand the four distinct objective and key results phases that make up the OKR cycle: setup and launch, align and localize, focus and execute, and reflect and reset. More, discover the key factors for success while setting up the OKR framework, including the importance of setting achievable objective and key results, and implementing initiatives such as training, communication, and clear roles and responsibilities. Learn how to use the power of the OKR framework cycle for setting and achieving business goals within organizations faster and more efficient.
The Four Phases of the OKR Cycle
The OKR Cycle is an iterative process that enhances results and improves the process quality over time. It fosters continuous improvement, allowing organizations to adapt, learn, and optimize their objectives and key results as they progress. Through regular reassessment and adjustments, teams can steadily improve their performance and achieve greater success. The OKR framework empowers teams to consistently deliver exceptional outcomes with each cycle.
Different phases of the OKR framework cycle have different initiatives. Set-up & launch: All initiatives in this phase are aimed to answer all questions before we start, so everyone can focus on setting and achieving OKRs during the quarter. Align & localise: The goal of the first cycle is not perfection but improvement. Focus & execute: Prompt, intentional action and communication yields faster results. Reflect & reset: Practice open communication of lessons learned to improve the OKR process and cultivate a culture of embracing risk and learning from mistakes.
Wave Nine helps companies achieve business goals with the OKR framework and the OKR Operating Rhythm. For startups and enterprises that are serious about the OKR Process, we built the playbooks, OKR templates, and resources that energize teams, clarify strategies, and drive accountability to improve business goals and business performance. We hands-on execute your OKR Process in workshops and OKR coaching and training, from the executives to the teams that make it happen. Headquartered in Silicon Valley with offices in Germany, UK, Australia, and Portugal, we partner with the leading strategy execution platform WorkBoard to make your strategy happen.