Concepts - OKRs, Objective Cycles
OKRs - Objectives & Key Results
Objectives & Key Results is a goal setting methodology, popularised by its incredible success at Google & Intel. UpRaise makes use of this philosophy and helps teams set goals within JIRA.
Difference between an Objective & a Key Result
Most of the OKR softwares available treat objective and key results the same way. UpRaise treats them a little differently from each other. Key Results are sort of unit building blocks, they cannot be further distributed to multiple people neither they can receive contribution from another objective. Whereas Objectives are at a higher level than Key Results and can be easily further distributed into multiple key results as well as contributing objectives.
Objectives & Key Results exist at different levels in UpRaise - Company, Team & Individual. Depending on the org structure Team OKRs can assume differing levels such as Department OKRs, Division OKRs, Team OKRs etc.
Alignment is of vital importance in OKRs. By creating alignments amongst different levels of Objectives, one can ensure better visibility and automatic progress roll up from the lowest level to the highest.
Important to note that UpRaise does not restrict alignment to match with the org structure. Which means even a manager's objective can be aligned with one from his team member. As long as the aligned objectives do not create a circular relationship, the alignments are valid.
Objective cycles act as containers for Team & Individual OKRs. We recommend quarterly objective cycle cadence for best results. Start & end dates of the objective cycle, along with the additional settings dictate behaviour of objectives which belong to the corresponding objective cycle.
Company objectives are intentionally kept out of Objective cycles, reason being - company objectives are usually defined over a longer period of time as compared to team & individual objectives.
At the time of installation, system automatically creates objective cycles for 4 quarters.