What does OKR mean? Objectives and Key Results ( OKR ) is a goal-setting framework used to define and track objectives (what you want to achieve) and key results (how you measure progress toward those objectives). OKR help individuals, teams, and organizations align on priorities, focus efforts, and achieve significant outcomes. OKRs are known as Objectives and Key Results. It is a goal-setting framework that is used by the person to set a challenging goal with measurable metrics. Around the measurable goals in software engineering and non-profit organizations, the OKRs track the progress and create alignment. The Objectives and key results methodology was developed in the 1970s by Intel CEO Andrew Grove. Later Doerr served on the board of Google and also introduced its founders Larry Page and Sergey Brin. Lay the groundwork for your business’ success by creating an effective OKR using free templates and tips from Canva. OKR Meaning: So, what is OKR ? In simple terms the acronym stands for “Objectives and Key Results”. In more detail, an OKR can be defined as a rigorous goal setting and tracking method invented by Andrew Grove and used in Intel from its early years. Andrew Grove derived the concept of OKR from the teachings of Peter Drucker’s Management by Objectives. People also know him as the father of OKR methodology. The main idea of Andrew Grove’s OKR is defined by John Doerr as follows. “The ...
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