Summary of Measure What Matters - How Google, Bono, and the Gates Foundation Rock the World with OKRs – A Comprehensive Summary
PART 1: OKRs IN ACTION
CHAPTER 1: GOOGLE AND OKRs
The first chapter of the book starts with a description of an event. Back in 1999 John Doerr, the author of this book, gave Google a presentation of the OKRs. He did that while Google was still in its infancy period. At first, Google wanted to sort out the world’s information and turn it into something that could be accessed and used by users. The two founders of Google dreamed big and the author of this book believed in their vision.
The first time Doerr used OKRs was when he worked as an engineer at Intel back at the 1970s. Later, OKRs also helped him to stay afloat at Sun Microsystems.
What are OKRs? What do they stand for?
OKRs mean Objectives and Key Results. They work on the principle of shared goal setting for individuals, teams, and organizations. Every great company needs solid leadership, proper judgment, and creativity. However, if those factors enhance the base of the firm, OKRs can help it ascend to unseen heights. This means that OKRs serve as a management methodology, which then plays an important role in guaranteeing that the firm’s significant issues over all its structures are the same.
To be continued…
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