How to create a Key Result via Step-by-step guide?
Creating good OKRs is fundamental to the success of any OKR program. Until it becomes second nature, this visual guide can be a great tool to help you create good OKRs. Profit.co allows you to create key results using a Step-by-step guide. Using this method you can not only create key results with expert-guidance illustrative steps but also you will learn the methodology of creating key results for your objective.
Why this feature?
After you have created your Objective in the system, you can add the Key results. Key Results are the targets and outcomes used to measure the success of your quality objectives. Good key results provide indisputable evidence that you and your peers have made progress on a certain initiative. . You can have 3-5 Key Results. The Key results must be specific, measurable, attainable, and relevant to the Objective. The main idea of using the step-by-step guide method to create key results is, to understand the core methodology of framing a key result in an organized way.
To add a Key Result using the step-by-step guide,
Select OKRs → All My OKRs in the left navigation panel.
Click on the + Add icon and select the Step-by-Step guide from the drop-down.
What do you want to do?
There are 7 ways you can measure the Key Result Progress. These are four ways where you can measure using a Key Performance Indicator while the other three ways are outcome measures.
- Percentage Tracked
Used when the intention is to track progress using % complete.
- Milestone Tracked
Used when the Key Result is to be measured against milestones or an end result validated against the accepted criteria.
- Baseline KPI
You don’t have a clear idea about the value of a KPI and want to establish a baseline.
- Increase KPI
You intend to increase the value of a KPI.
- Decrease KPI
You intend to decrease the value of a KPI.
- Control KPI
You intend to maintain the value of this KPI in a certain range.
- Task Tracked KPI
Track the outcome of the key result based on the series of tasks that you have created and associated with the key result.
Select any one of the actions and click the Next button.
What do you want to change?
Select the required KPI for the Key Result by the category or by your managers’ KPIs or use Create KPI option to create a new KPI, once done, click the Next button.
FYI: To know how to create a new KPI, click here.
Step 3 is based on the type of key result that you choose in the beginning, since we have chosen Increase KPI, you have to add values based on the KPI that you choose.
FYI: If you wish to Auto Update your key results using integrations, enable the Auto Update toggle and pick from the list of integrations that you have already availed in your account.
When does your Key Result need to be accomplished?
The target date for Key results should be set as shown below. Use the arrows to move back and forth between years. Click the Next button.
Any other context you want to add?
Here, you may add any other further descriptions about your Key Result. You can also edit your key result name if you want. Once you are done, Click on the Next button.
Do you want to assign this KR to someone?
In this step you can select the list of assignees to whom you want assign the key result. Once you are done click Next.
How often do you want to update status?
Here choose the check-in frequency and click on the Complete button.
FYI: Multiple check-ins can also be selected.
Once you click on the Complete button, the key result will be created.