OKR is a method used in modern management for project management. It allows you to synchronize team and individual goals and provide effective control over the implementation of tasks.
One way to implement OKR is for an organization to define three or four goals that it wants to achieve within a year. This is usually done at the CEO level. Then each part of the organization identifies its own related goals that can be achieved in each of the four quarters of the year. Setting a major annual goal broken down into smaller quarterly goals will help the organization understand how achieving goals in one particular area contributes to the entire organization.
It is important to identify measurable key results so that you can measure progress toward your goal. If an established key result can only be measured once a year, you can only know if you’re headed in the right direction once a year. As organizations face an accelerated pace of change, checking progress once a year won’t be enough.