Concepts - Objectives, Key Results, Punch-ins, Alignment, Weightage, Grading, Labels
Objectives (in some cases also called as Goals) define end results that are to be achieved after taking a set of steps, within a specific time duration. Read more here
Key results (in some cases referred to as sub-objectives) are the measurable and actionable ends achieved in order to achieve the objective. Read more here
Punch in is an action through which an objective or key result makes progress. When there are no key results & contributing objectives for an objective, it can be punched in directly. Whereas if there are key results and/or contributing objectives the objective's progress is linked with their progress & cannot be independently updated.
Alignment is in a way (somewhat) similar to cascading but it basically links different objectives with each other. This linking can create a hierarchy. Based on the weightage, whether this linkage has any progress roll up is determined.
Usual alignment flows from top-bottom or bottom-up linking Company, Department, Sub-Department, Team, Individual objectives.
Weightage is a number associated with a key result or an alignment. It determines the magnitude of impact the association is going to have on the progress of objective that is at the higher level.
For example, if Objective B is contributing to Objective A and weightage of this alignment is 0 - in that case the progress on Objective B wouldn't impact progress on Objective A.
On reaching due date, objectives & key results become eligible to be graded. Grading is the ability to rate efforts & progress on a specific objective/key result. OKR framework suggests that a grade/assessment at the objective level should be average of grades on all associated key results.
UpRaise allows associating multiple labels against each of the objectives. The purpose of objective labels is to allow classification of objectives into multiple different categories. This lets teams analyse progress and overall effort based on various categories.
For example, Stretch & Operational labels can help companies categorise objectives according to their nature. Note that one objective can be associated with one or more labels.