This PPT slide, part of the 144-slide Complete Guide to Strategy Consulting Frameworks PowerPoint presentation, outlines the OKR (Objectives and Key Results) framework, emphasizing its role in aligning company, team, and individual goals towards a unified direction. The structure is straightforward. It starts with "Objectives," which consist of 3-5 high-level goals. These objectives are essential as they set the overarching direction for the organization. Each objective is supported by initiatives—specific plans and activities designed to achieve these goals and advance the key results.
The second part of the framework focuses on "Key Results." These are quantifiable outcomes that measure the success of each objective. The slide indicates that key results should be assessed on a scale from 0 to 100% or 0 to 1.0. For every objective, there should be 3-5 measurable key results that provide a clear gauge of progress. The slide suggests that if the results for an objective reach between 70-80%, it can be considered accomplished.
Regular updates to key results are crucial, ensuring that progress is tracked consistently. This framework not only helps in setting clear priorities, but also facilitates accountability across different levels of the organization. By implementing the OKR framework, organizations can enhance focus and drive performance, aligning efforts towards the most critical goals. The slide serves as a concise guide for executives looking to adopt a structured approach to goal setting and performance measurement.
This slide is part of the Complete Guide to Strategy Consulting Frameworks PowerPoint presentation.
This presentation is created by ex-McKinsey, BCG, Deloitte, EY, and Capgemini consultants. It is a compilation of 20 Strategy Consulting frameworks, including ones developed by McKinsey, BCG, AT Kearney, and PwC.
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