What are examples of Key Results?

Key Results are the tasks that you complete to achieve the larger objectives. The key results should be significant and measurable by a particular parameter. For example, Increase customer retention by 80-90%.

What are good Key Results?

Key results should express measurable milestones that describe “how” the objective can be achieved. Cross-check them against these criteria to make sure they are defined correctly: Describe outcomes and not activities.

What are good Key Results for OKRs?

Effective OKRs represent meaningful change, improvement and growth. They’re our priorities for the next 30-90 days. Effective Objectives are meaningful, audacious and inspiring. Effective Key Results are specific and timebound, aggressive and realistic, and measurable and verifiable.

What is the difference between an objective and a Key Result?

Objectives are goals you want achieved. They are meaningful, specific, action-oriented and aspirational. Key Results are tasks or actions that help you reach your Objectives. They are measurable, time-bound, aggressive, yet realistic.

How do you write KRA?

For an employee’s KRA, It should include the employee’s name, the department and supervisor’s name, and a description of some of the most important duties of the employee’s role and how it serves the organization’s strategic objectives. Then, you should include details on several areas of expected performance.

How do you measure Key Results?

To calculate a score, you have to divide the target set by the final result. Using the example above, if your team’s KR was to “get 100 customers” but they only got 50, their final score would be 0.5, but if they got 20, the score would be 0.2. Having this score we can assign a grade to the Key Result.

How do you create objectives and key results?

That’s why we’ve collected these tips:

  1. Keep it Simple. Focus on objectives you know you can achieve in the given timeframe.
  2. Be Specific.
  3. Cascade Your Objectives.
  4. Make it Measurable.
  5. Don’t Worry About Stretch Goals.
  6. Break Key Results into Smaller Goals.
  7. Celebrate and Recognize.

How do you set Objectives and Key Results?

OKRs Best Practices

  1. Keep it Simple. Focus on objectives you know you can achieve in the given timeframe.
  2. Be Specific.
  3. Cascade Your Objectives.
  4. Make it Measurable.
  5. Don’t Worry About Stretch Goals.
  6. Break Key Results into Smaller Goals.
  7. Celebrate and Recognize.

What is KRA for an employee?

Description: Key result areas (KRAs) broadly define the job profile for the employee and enable them to have better clarity of their role. KRAs should be well-defined, quantifiable, and easy to measure. It also helps employees to align their role with that of the organisation.

What is KRA and KPI example?

KRA: Suppose a company is hiring 30 sales representatives in a year. The KRA would focus on their recruitment and training, while the KPI would look at the Return on Investment (ROI) per employee for the organization. The management introduces an employee feedback program.

Should key results be measurable?

A Key Result is a measurable outcome required to achieve the Objective. It contains a metric with a start and target value. Key Results measure progress towards the Objective — like a signpost that shows how close you are to your Objective.

Can a Key Result be a milestone?

Key results express measurable milestones which, if achieved, will directly advance the objective. Key results should describe outcomes, not activities. If the KRs include words like “consult,” “help,” “analyze,” “participate,” they’re describing activities.