OKR is a way of life in business. As in life, you need periodic checks to make sure you are marching in the right direction. While you check-in more frequently, quarterly Reflect/Resets allow your OKRs to be reviewed holistically and make adjustments for the next quarter.
We do not learn from experience. We learn from reflecting on experience.
Adjustments to next quarter’s OKRs can be:
- Call an OKR as completed and close out
- Extend an OKR as is to the next quarter
- Extend an OKR to the next quarter with some modifications — some new key results, and some modifications to existing key results.
The simple idea of Reflect/Reset is this:
What are we going to do differently this time?
Insanity: doing the same thing over and over again and expecting different results.
Reset/Reflect feature in Profit helps you achieve this efficiently. It enables you to reflect on the achievement for the current quarter (celebrate!!!) and apply the learnings to reset them for the next quarter. To help with this learning, Profit allows you to define your “reflection” questions and capture your learnings by simply answering them. You would then reset the KRs for the next quarter.