OKR - Objectives & Key Results
Short planning cycles, maximum transparency, high employee motivation.
OKR - Objectives and Key Results
OKR inspires as a contemporary successor to MbO and goes far beyond.
With OKRs, you can flexibly determine at any time and in short intervals where you want to go and, above all that, how you want to get there. For decades, Management by Objectives (MbO) was the standard method of corporate management. But its prime age is coming to an end. After all, it is no longer enough to set goals year after year. It is simply too slow and non-transparent to cope with the current speed of change and the increase in complexity.Â
Learning Formats
Explore our diverse learning formats for OKR, offering customizable online, offline, and hybrid options:
The two-day OKR training prepares you perfectly for your new role as the person responsible for OKR agendas in the company. You will not only learn exactly how OKR works but also why it is currently conquering company after company.Â
We deliver virtual learning modules for OKR, fully compatible with your LMS through SCORM packages. The 60-minute course includes 17 concise videos and can be made available in multiple languages upon request.
MDI offers executive coaching through a global network of over 200 coaches,
MDI provides executive consulting through a global network of over 200 experts, offering personalized, international, and virtual sessions. Our approach is practical and results-driven, utilizing methods such as solution-focused questioning and systemic theory. Our consultants bring extensive management experience and relevant certifications.
In collaboration with Haufe, we offer streamlined, effective consulting through a tailored digital platform, ensuring top-tier support for leadership development.
We believe in the effectiveness of hybrid learning, utilizing a blend of media and methods tailored to your company's unique requirements.
We create impactful learning experiences by aligning development content across all organizational levels and involving relevant stakeholders. From our network of over 250 global trainers, we select those best suited to your company’s needs.
Our Learning Formats include:
- On- & Offline Training
- Workshops & Facilitation
- Consulting
- Keynotes & Masterclasses
- Networking Formats
- Side Formats
- Implementation Strategies
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Our individualized learning journey supports leadership development and can include outsourcing HR development, using proven methods customized to your unique challenges. Through our hybrid learning approach and the Promote platform, we ensure sustainable knowledge transfer and successful implementation in the workplace.
Get an insight into our 2-day Workshop
Short planning cycles, maximum transparency, high employee motivation – OKR inspires as a contemporary successor to MbO and goes far beyond.
Learning Content
- Definition of OKRs
- What do practical implementation examples look like?
- Vision, mission and strategic roadmap as a guideline for defining OKR
- Formulate good and inspiring OKRs
- Simulation of a quarterly OKR meeting with a real company example
- Individual evaluation: Does OKR make sense for us?
- Roll-in vs. roll-out: advantages and challenges of both approaches
- Effects on other leadership instruments (appraisal interview, MbO, bonus system, …)
Learning Objectives
- Have a comprehensive understanding of the OKR framework.
- Understanding the connection between OKR and strategic guidelines of the company (Mission, Vision, Strategic Roadmap).
- Ability to formulate meaningful Objectives & Key Results for my company, department, team and myself.
Program Process
- 2 days face-to-face training or training via live-stream
- Simulations of realistic scenarios
- Feedback on implementation and own cases.
- Online course with preparation tasks, transfer tasks and peer coaching & exchange of experiences
Learning Objectives & Benefits
Discover the Power of OKR and create measurable goals and track their outcomes.
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Understanding OKR
What is OKR and what can it be used for? Why rely on OKR at all? How does OKR work exactly? What do practical implementation examples look like?
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Mastering OKR
Vision, mission and strategic roadmap as a guideline for defining OKR & formulate good and inspiring OKRs
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Simulations
Simulation of an OKR stand-up meeting & an OKR quarterly meeting with a real company example
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Individual evaluation
Does OKR make sense for my company?
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Roll-in vs. roll-out
Advantages and challenges of both approaches
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Effects on other leadership instruments
Appraisal interview, MbO, bonus system, etc.
Empower your team to soar: Set bold objectives, and measure with precise key results!
Ideal for a wide range of stakeholders
Our OKR program helps to ensure that everyone in the organization is working towards the same objectives, enhancing overall alignment and execution.
Leadership Teams
Set the strategic direction and establish priorities that align with the organization’s vision.
Leaders of All Levels
Cascade leadership goals and manage team-specific objectives driving performance.
Employees
Contribute towards broader company goals and foster engagement through clarity.
Cross-Functional Team
Coordinate efforts and align objectives across different departments and/or projects.
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“2017 was a particularly intensive year for us. SAP Success Factors were introduced to the Volksbank Group and implemented in the Academy. At the same time the number of Moodle users has increased tenfold and new Seminar formats such as Leadership, Fit & Proper or Regulatory were rolled out.Â
In addition, the team had to manage daily business and be able to develop further strategically. This resulted in the following question: How can we effectively bring together the requirements of stakeholders and their educational issues in a strategic and operational manner?
I quickly realized that an innovative educational institution in a rapidly changing environment needs a new agile management method – OKR. The rollout took place in January 2018 and it has been running successfully ever since.”
Barbara Czak-Pobeheim
Volksbank Academy
More on the Topic
OKR proved to be a great method to overcome crisis situations. Therefore, CEO Gunther Fürstberger speaks about the direct impact of OKR on the growth of MDI.
What is the point of the new method, which, following the example of Google & Co, has increasingly been used by Austrian companies – incl. the Volksbank Academy?
The incoming orders rose by 26% compared to the previous year. The profit has more than doubled and the staff turnover has decreased. The challenge now is to keep up!