Measure What Matters
How Google, Bono, and the Gates Foundation Rock the World with OKRs
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In the fall of 1999, John Doerr met with the founders of a start-up whom he'd just given $12.5 million, the biggest investment of his career. Larry Page and Sergey Brin had amazing technology, entrepreneurial energy, and sky-high ambitions, but no real business plan. For Google to change the world (or even to survive), Page and Brin had to learn how to make tough choices on priorities while keeping their team on track. They'd have to know when to pull the plug on losing propositions, to fail fast. And they needed timely, relevant data to track their progress -- to measure what mattered.
Doerr taught them about a proven approach to operating excellence: Objectives and Key Results. He had first discovered OKRs in the 1970s as an engineer at Intel, where the legendary Andy Grove ("the greatest manager of his or any era") drove the best-run company Doerr had ever seen. Later, as a venture capitalist, Doerr shared Grove's brainchild with more than fifty companies. Wherever the process was faithfully practiced, it worked.
In this goal-setting system, objectives define what we seek to achieve; key results are how those top-priority goals will be attained with specific, measurable actions within a set time frame. Everyone's goals, from entry level to CEO, are transparent to the entire organization.
The benefits are profound. OKRs surface an organization's most important work. They focus effort and foster coordination. They keep employees on track. They link objectives across silos to unify and strengthen the entire company. Along the way, OKRs enhance workplace satisfaction and boost retention.
In Measure What Matters, Doerr shares a broad range of first-person, behind-the-scenes case studies, with narrators including Bono and Bill Gates, to demonstrate the focus, agility, and explosive growth that OKRs have spurred at so many great organizations. This book will help a new generation of leaders capture the same magic.
Read by John Doerr, William Davidow, Brett Kopf, Jini Kim, Mike Lee, Atticus Tysen, Patti Stonesifer, Susan Wojcicki, Cristos Goodrow, Julia Collins, Alex Garden, Joseph Suzuki, Andrew Cole, Bono, and others
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The only thing I did like was the narration cameos. Most of them were really bad.
Great concept
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Clarity
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Immediate Application
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Simple and sensible management framework
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Very informative
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Easily grasped, took action immediately.
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The nitty, immaterial nuances from my reflection:
I appreciated all of the variety of examples, but also felt a tad classist (as it was written for the D&O, VC, executive, etc. and I get that). Get like you needed to be versed in the Valley/Echelons.
Would have liked to have seen some application for individual personal goal setting like a David Goggins etc. Everything was business.
I would love more information on how to navigate as an individual cultural issues addressed in this book. Meaning, how can we vet companies that have a non-judgmental stance on performance and a safety to fail organization. Also, tips on how to interview hiring managers etc to determine the safety etc needed to find that right fit.
In sum: Inspired, Need to make Hard Decisions to cut more film to the editing floor, and will be having harder conversations with those in my circles. I really appreciated this walkthrough.
Answered all of my skeptical questions
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Great insight for any managers
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Continuous Performance Management
OKRs-->> Objective (3-5, what) - Key (3-5, how) - Results
CFRs --->> • Conversations • Feedback • Recognition
Difference Commitment και Aspirational για τα OKRs
Prioritise
Alignment
Track
Stretch
Listen to the Resource 1st
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great content, narration problematic
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