Why you should combine OKRs with the Three Horizons Model.
In this blog post, I will take a critical look at OKRs, explain why many companies have problems with the method and show a way to overcome these problems.
Content:
- Introduction OKRs
- Definition OKRs
- Brief description OKRs
- The advantages of OKRs and the problem with OKRs
- The Three horizons model
- OKRs and the Three Horizons Model
Introduction OKRs
There are numerous articles dealing with OKRs - Objectives and Key Results. In the meantime, the OKR Framework has gained acceptance in many IT companies. Originally, the OKR-Method was developed by Andy Grove at Intel as an evolutionary step or even revolution to Management by Objectives (MBOs). Through Google, the OKR method then really caught on in 2013.
Definition Objectives and Key Results — OKRs:
The Objectives and Key Results method (OKR method) is designed to formulate and implement goals throughout the company (including both employees and managers). On the one hand, the method combines top-down specifications from management and leadership with bottom-up planning from employees in teams. It allows employees to work in a motivated, goal-oriented and self-organized manner with individual freedom.
