An Epic Objectives and Key Result (OKR) Market Place: Learn about OKRs, set your own and find collaborators for a quarter
Objectives and Key Results are a powerful goal setting approach which inspire alignment, clarity and cohesion, which was originally created by Andrew Grove (President of Intel in the 1970's). Since this time they've been popularised by John Doerr and embraced by some of the worlds most innovative, disruptive and fastest growing companies such as Google, LinkedIn, Twitter and many many others.
The structure is simple: the executive team comes up with a set of 3-5 objectives and each objective has up to 4 key results. In a top down, bottom up approach, the OKRs cascade through the organisation with each team taking a lens and applying their own interpretation to how they can contribute to the higher level goals.
But that's all theory and no one really gives a shit about that. If you're familiar with the Market of Skills technique, then forget that because this is next level.
How we'll saddle up this space jockey:
In this immersive workshop, the really interesting part is learning how to create OKRs, cascade them through an organisation and adjusted for each team, manage against them throughout a quarter and finally reflect on how the organisation and teams performed at the end of the quarter. We'll be including material and a bunch of tips based on our own experience introducing OKRs to various companies and teams.
The epic part is where everyone will set their own OKRs for the quarter outlining what they want to achieve at a stretch personally and professionally, followed by a marketplace where everyone will trade their knowledge and skills with each other to help the other party achieve their gaols. The outcome will be a number of collaborators who can help you on your journey.
Outline/Structure of the Workshop
- Checkin - 5 min
- OKR - Overview 20 min
- Practical exercise: Setting exec OKRs and cascading through to a team - 10 min
- Reflection - 5 min
- Setting your personal OKRs for the quarter - 15 min
- OKR Market place - 30 min
- Close and next steps - 5min
- How to experiment with OKRs in your team
- How to create personal and professional stretch targets and create a strong point of reflection
- Identify can help you achieve your current goals - and possibly some long term collaborators
Anyone seeking to learn more about OKRs or those looking to find collaborators and learn from others
schedule Submitted 1 year ago
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MLC Life was spun out of NAB in 2016 and purchased by a Japanese insurance business with a dream to create the best standalone digital life insurance business in Australia. One year in the CEO realised Agile approaches could help the business deliver on its purpose, however he recognised a fundamental culture change was needed to make it happen.
How would we enable the culture change? Why by changing the system of course! A quarterly based operating rhythm won't change the culture itself, but it creates regular reflection and improvement cycle that drives change in itself.
In this talk, we'll cover two key elements: How Lani and Tim worked with the CEO to initiate the journey to agility, and how the new rhythm sparked change across the organisation.
Initiating the change
Building a relationship with the CEO and his executive leadership team, Lani & Tim portrayed the art of the possible – sharing what a healthy, aligned adaptive and agile organisation looks and feels like as well as expressing the risks if they continued with the current operating methods and practices. We reflected on past and present to understand constraints and pain points, co-designed a new operating rhythm to enable the leadership team to think and work differently and executed a safe experiment to test and learn from.
How a healthy rhythm sparks change
The change began at the top with a new operating rhythm that established quarterly goals which cascaded though the organisation. This new operating rhythm was not imposed, however high performing teams quickly identified the new pattern and adapted their operating cadence to match. This created a different way of thinking across the business, where people focused on the vision, purpose and strategy, but optimised for adaptability and value creation.