Until you use an OKR, you have no idea if it is the best OKR ever or the worst OKR ever.
Until you use an OKR, you have no idea if it is the best OKR ever or the worst OKR ever. (Remember Schrödinger's Cat? Until you open the box, you have no idea if the cat is alive or dead - so it is both alive and dead. See footnote).
We have seen so many organizations take a painfully long time to develop their OKRs. It is as if they think the answer to 'the best OKR' is on the walls of their meeting room! (It is not!). In fact, in our experience, the longer it takes to build your OKRs, the worse they become. Sometimes you just have to stop thinking so hard!
What's worse is that people in the organization seem to take sides - some say the cat is dead and others vehemently argue the cat is alive. Or rather, some say this is the best OKR ever and others argue that it is the worst ever. But your skills as a debater have little to do with the viability of that OKR.
The only way you can tell if your OKRs are good or not is to use them.
We sometimes get the feeling that organizations don't want to know if they have the right OKR - they want Schrödinger's OKR that is both the best ever and worst ever. Over the years we have formed a list of hypotheses on why organizations might not want to know if it is alive or dead…
- Maybe they feel pride in having built them and don't want the feeling tarnished by what they might find when they turn them on.
- Maybe they think OKRs are like their old business planning process - you do all this great thinking, but there is nothing to "turn on" - you just look at it once a quarter in your forced QBR.
- Maybe they are afraid if they "make strategy everyone's everyday job" (our mantra at pm2). I mean, what if everyone owned the strategy, was aligned to it, focused their efforts on it...BUT it was the wrong strategy?
- Maybe the culture of the organization puts too high a price on failure - people do not want to turn anything on until they are certain it is right.
- Maybe they don't know how to turn their OKRs on.
Regardless of the reason for hesitating, don't! You will never know how good or bad your OKRs are until you use them.
OKRs are like riding a bike - you cannot learn to ride a bike in a classroom, you cannot build a great OKR in the Boardroom.
You might need a few Band-Aids, but in the end, you'll have far more fun riding that bike than writing more flip charts.
Footnote: In simple terms, Schrödinger stated that if you place a cat and something that could kill the cat (a radioactive atom) in a box and sealed it, you would not know if the cat was dead or alive until you opened the box, so that until the box was opened, the cat was (in a sense) both "dead and alive".
ESG is becoming a regulated requirement - but it is just a category of OKRs within your OKR structure. This video explains the mechanism behind measuring ESGs through OKRs
In this series of videos I'll walk you through where that misinformation came from, why it is wrong, why you should include OKRs, and how to include OKRs