The OKR Method Definiton

The OKR Method is different to The OKR framework. The OKR framework is a goal-setting framework for individuals, teams, and organizations to define measurable goals and track their outcomes. The OKR framework itself contains very little structure, guidance or approaches for the set-up, management and change process that occurs when adopted into a business context. The generally accepted parameters of The OKR framework are:

• Comprise an objective with 3–5 key results 
• Objectives should be significant, concrete, and clearly defined
• Objectives are inspirational 
• Objectives can also be supported by initiatives (activities that help to move the key results)
• Key results should be measurable
• An organization’s target success rate for key results be 70%. A 70% success rate encourages competitive goal-making that is meant to stretch workers at low risk

The OKR Method expands on these ideas to create a set of steps that can be taken to implement a Strategy Management Framework for an organisation. The OKR Method can therefore be taken as an approach for adopting and implementing a Strategic Management Framework. To do this it includes:

• A set of Principles
• A method Architecture
• A set of Phases, Events and Roles
• Artefacts that support the adoption process
• A set of roles to operate the Method

Taken together and used as designed the Method provides the process and steps to implement a Strategic Management Framework based on the concept of OKRs.