Invented by the late Andy Grove, the founder and chairman of Intel, Objectives and Key Results (OKRs) are popular with product teams; whether in product companies or IT. Andy explained OKR in this two minutes video.
Rather than being a form of documentation, OKR is a way to bring alignment to teams towards achieving stretch objectives. OKR is a way to embrace uncertainty by having teams commit to hard-to-achieve objectives. Also, OKR is a an empowering framework to enable teams to establish their Key Results that represent quanitative advancement towards the objectives.
Toyota Kata way helps in answering the question: “how teams will work together to operationalize OKRS in a meaningful way?”.
Without sticking to the vocabulalry of Toyota Kata, you will find below a proposed answer to this question.
I love to hear your comments on the above slides.