OKR Implementation: A Guide to Program Setup & Launch

Learn the critical first steps for a successful OKR implementation. This guide covers program setup, process design, change management, and training to ensure a smooth launch.

You’ll discover how to achieve your business goals faster with OKRs (objective and key results). From the perspective of the OKR cycle, we’ll focus on the 1st phase here – set-up and launch. You’ll learn how to begin the OKR framework process, how to tackle change management and OKRs training, and learn what the key elements for a successful OKR framework launch are. At the end you’ll also get inspired by a real-world example of OKR implementation.

Infographic from Company Wave Nine displaying a continuous improvement model. A 'Setup & Launch' arrow initiates a cyclical process: 1. Align & Localize, 2. Focus & Execute, 3. Calibrate & Celebrate, and 4. Reflect & Reset, demonstrating an agile approach to project management and business growth.

Phases of OKR framework

Defining the crucial variables that will define the OKR process is the first step towards a successful project launch.​ These are: Cadence: “What is the best frequency to set OKRs during the year?”​ OKR Grading: “How do we celebrate success?”​ Cascading vs Localization: “How will Objectives trickle down through the organization?”​ Preferred Number of OKRs: “How many OKRs should we set per team?”​ Individual vs Team OKRs: “Who is setting OKRs?”​

When it comes to organizational change, understanding the motivations behind it is crucial. By gaining insight into the reasons driving the change, we can effectively communicate its benefits and inspire others to join us on the journey. Effective communication plays a pivotal role in ensuring a successful and seamless transition. To establish a strong communication standard during implementation, following the REV framework (on the left/right) can be immensely helpful.

"A visual guide from Company Wave Nine on implementing Objectives and Key Results (OKRs). The three stages shown are 'Readiness' for goal setting, 'Engagement' for quarterly management, and 'Validation' for analyzing results, illustrating a complete performance management cycle."

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Philipp Schett - Founder & Managing Partner of Wavenine
"You know your business. We know execution. In our first call, we'll connect the two."
Philipp Schett
Founder & Managing Partner