At Jobsity, all non-billable teams are aligned to meet the same goal: from recruitment to sales, IT to HR, operations and accounting to office management, all of our staff works together to ensure we can offer our clients an elite team of developers that will meet every client's needs, no matter what, every time. But how do we do this? How do we ensure it’s achieved? And how do we track our progress toward this lofty goal day in and day out, quarter after quarter?
The answer is OKRs.
Developed by Intel’s Andy Grove and later disseminated by his student, John Doerr, OKRs stand for “Objectives and Key Results” and are a model for managing achievement in any organization which desires ambitious quantifiable results as the outcome of their work. Today, myriad companies inside and outside tech are run with OKRs: Google, Netflix, Adobe, LinkedIn, Amazon, Twitter, not to mention Jobsity, and many, many more.
What sets OKRs apart from other management models is that the Objectives are ambitious and potentially long-term, and Key Results are specific, time-bound, and measurable benchmarks which, if achieved, are indicative of success along the way toward reaching those Objectives. In Grove’s early vision for Intel, Objectives never appeared without Key Results, because while an Objective may be important and ambitious (“be the best nearshore staff augmentation firm in the world!”), they are also vague; whereas Key Results make the Objective possible by their nature as clear, actionable milestones.
Other important distinctions between OKRs and other management methods is that OKRs are about collective achievement and not individual reward: when key results are achieved, they are not tied to salary increases or promotions, but are an expected part of a successful team achieving their stated quarterly goals. In addition, those key results can be ascertained with a simple “yes” or “no.” For example, if the key result was “recruit 20 new top developers to join our team” and we recruited 25, then “yes” -- the key result was reached. (If it wasn’t, then we know that too, because the number will be less than 20!) We can then set our next Key Result for the following quarter based on what we achieved or failed to achieve; both will be measurable goals that align to our overall Objective: to be the best nearshore staff augmentation firm in the world!
When thinking through whether or not OKRs are the best management method for your team, consider these 5 reasons why Jobsity uses them internally. They really work for us -- and we think, for these reasons, they very likely will work for you as well!
We know that OKRs have changed the fate of many companies from Silicon Valley and around the world. These are just five reasons we at Jobsity believe they’ve been a powerful ally in our work as a nearshore staff augmentation team. If you think OKRs might be right for your company, or you're curious about how we’ve made them work right for us, please reach out. Leading with Passion and Sharing Expertise are two of our core values -- and they fold right into our OKRs -- so we'd be happy to talk!
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Andres was born in Quito, Ecuador, where he was raised with an appreciation for cultural exchange. After graduating from Universidad San Francisco de Quito, he worked for a number of companies in the US, before earning his MBA from Fordham University in New York City. While a student, he noticed there was a shortage of good programmers in the United States and an abundance of talented programmers in South America. So he bet everything on South American talent and founded Jobsity -- an innovative company that helps US companies hire and retain Latin American programmers.