- Modules this feature covers
- What this feature is for
- Setting Key-Results to an Objective
- Analyzing Key-Results of an Objective
- Calculating the Progress of an Objective with Key-Results
Modules this feature covers
What this feature is for
An objective that has a simpler purpose can have its progress determined by a single result. In this scenario, your result can be posted without the need to create Key Results.
In other scenarios, to define whether an Objective has been achieved or not, it may be necessary to determine Key Results that clearly represents the expected results to define whether it had its objective defined.
These scenarios are applicable to the use of the Objectives and Key Results (OKR) methodology.
Setting Key-Results to an Objective
Go to Individual Performance module and click on Results Program. After that, make sure you have the desired Result Program selected.
Select the Objective that you desire to add Key-Results. In the Objective’s Details on the right side, click on Create Key-Results or Add existent options.
When you have selected one of these options you will follow the same steps that you have learned in the article Learning how to use Objectives
When you have finished the change, close the Objective’s Details and look at the objective’s value at the Results Program semaphore.
Analysing Key-Results of an Objective
To visualize the Key-Results of an Objective, open the Results Program that has the desired Objective. Click on the Objective and look at the Objective’s Details.
Calculating the Progress of an Objective with Key-Results
The progress of an Objective with Key-Results will be equal to the weighted average of the progress () of each Key-Results by its weight () divided by the weighted average of expected progress () of each Key-Results by its weight ().
, where n is the amount of Key-Results
The expected progress of each Key-Results will take in consideration the possible progress to be reached inside the Objective period. Look at this scenario:
Suppose that the above scenario where the Objective “Offer a great customer service” has two Key-Results: “Increase the repurchase rate from 40% to 65% by the end of the year” and “Keep NPS above 75 until June” that these Key Results respectively have the weight equals to 10 and 20.
The Objective expected progress in march will be:
Similarly, if we make the same calculation for the initial date and final date of the Objective, we will discover that the Start Target and Final Target will always be equal to 0% and 100%, respectively.
Now suppose that the value for the first Key-Result in march equals to 10% and the second Key-Results equals to 40%.
The current progress of the Objective in march will be equal to: