Drucker's Story of the Three Masons

Management by objectives MBO (management by objectives)

Successful MBO

How to make the MBO system work

Rigorous thinking framework

Ongoing disciplinary requirements

Ensure employees work closely together

focus

Make a measurable contribution

Promote organizational growth

OKR is a set of rigorous thinking framework and continuous discipline requirements designed to ensure that employees work closely together and focus their energy on measurable contributions that can promote organizational growth.

Target

key results

strategy execution

Organizational Reorganization under the New Situation

Continued growth

The threat of disruptive innovation

Employee Engagement

Benefit 1: Easy to understand, enhanced acceptance and willingness to use

Benefit 2: Faster development pace, improved agility and ability to quickly respond to changes

Benefit 3: Focus your energy on the most important things

Benefit 4: Promote horizontal consistency across departments through openness and transparency

Benefit 5: It can promote communication and improve engagement

Benefit 6: 0KR promotes forward thinking

Increase awareness of overall company goals and strategies

Focus on the few things that really matter

Mission: What is the meaning of our existence?

Vision: use words to outline a blueprint for the future

Strategy: focus and priorities

Goals: Focus on what has been achieved in the near future

Key Result: How to know how far we are progressing towards our goals

inspiring

achievable

Quarterly cycle

Within the team’s control

Have commercial value

qualitative

weekly meeting

Mid-quarter review

quarterly evaluation

Performance evaluation only focuses on the past

Reviews are susceptible to bias

Performance reviews are a waste of time

Evaluation will become a heavy burden after being tied to OKRs

benefit

Disadvantages

KPI formulation always reserves and hides one's own abilities

Head cantilever, conical thorns, thinking of seeking advantages and avoiding disadvantages - human nature

Set an era where you will be punished if you don’t achieve your goals.

carrot stick

Driven by internal drive

Motivating employees from a human perspective

Quickly respond to changes and make goals public to all employees

Intrinsic motivation is to make employees love their jobs and actively work hard because of love, rather than doing things passively just to get a reward or avoid a punishment. OKR is a mechanism that is deeply consistent with intrinsic motivation. It is designed to inspire the inner nuclear energy of employees.

Contained created

spawned speculation

Distorted company goals