Global Accreditation Body for OKR Certifications
Important Terms and Concepts
(Take printouts and Fold at the center to make Flashcards for quick reference)
| Terms | Definition |
|---|---|
| Accountability Framework | A system that assigns responsibility for achieving objectives and key results. |
| Agile OKRs | The integration of OKRs with Agile methodologies. |
| Alignment | The process of ensuring individual, team, and organizational goals are in sync to support overall business objectives. |
| Alignment Report | A document outlining how team or departmental goals align with broader organizational objectives. |
| Alignment Score | A metric indicating how well individual and team OKRs align with organizational goals. |
| Ambiguity Resolution | The process of clarifying unclear or conflicting goals. |
| Baseline Measurement | The initial value used as a reference to measure progress in key results. |
| Cadence | The regular rhythm of planning, reviewing, and updating OKRs. |
| Cascading OKRs | The process of aligning lower-level OKRs with higher-level organizational goals. |
| Check-in | A regular meeting to update the progress of OKRs and address any roadblocks. |
| Collaborative Leadership | The practice of empowering team members at all levels to contribute to decision-making and goal achievement. |
| Confidence Level | A self-assessed measure of how likely it is that a key result will be achieved. |
| Continuous Feedback | Ongoing input and coaching to support goal achievement. |
| Continuous Improvement | An ongoing effort to enhance products, services, or processes based on feedback and performance analysis. |
| Cross-Functional OKRs | Objectives that require collaboration across multiple teams or departments. |
| Cycle Time | The time taken to complete a task or initiative from start to finish. |
| Dashboard | A visual representation of OKRs, progress metrics, and performance indicators. |
| Data-Driven Decision Making | The practice of using data and insights to guide goal setting and performance evaluation. |
| Flow Efficiency | A metric indicating the ratio of active work time to total elapsed time. |
| Focus Areas | High-level themes or strategic areas that guide the creation of objectives. |
| Goal Hierarchy | A structured breakdown of objectives into smaller, more actionable goals at different organizational levels. |
| Goal Setting Framework | A structured approach to defining and managing goals. |
| Health Check Report | A report that assesses the overall health and progress of OKRs across the organization. |
| Individual OKRs | Objectives and key results set at the individual employee level. |
| Initiative | Actionable tasks or projects that contribute toward achieving a key result. |
| Initiative Tracking | The process of monitoring and reporting progress on initiatives. |
| Key Performance Indicators (KPIs) | Metrics that measure the performance of business activities but are not necessarily tied to OKRs. |
| Key Result | A quantitative metric that measures the success of an objective. |
| Key Result Cadence | The frequency of reviewing and updating key results. |
| Key Result Validation | The process of verifying the accuracy and relevance of key result metrics. |
| Key Result Weighting | The assignment of different levels of importance to key results. |
| Key Stakeholders | Individuals or groups with an interest in the outcome of OKRs. |
| Lead Time | The total time from task initiation to completion. |
| Metric Owner | The person responsible for tracking and reporting progress on a key result. |
| Mission Statement | A statement describing an organization's core purpose and focus. |
| Objective | A qualitative goal that defines what an organization or team aims to achieve. |
| Objective Breakdown Structure (OBS) | A hierarchical framework for breaking down objectives into smaller components. |
| Objective Finalization | The process of approving and locking objectives for a specific OKR cycle. |
| Objective Mapping | The process of linking objectives to key results and initiatives. |
| Objective Owner | The person accountable for achieving a specific objective. |
| Objectives and Key Results (OKR) | A goal-setting framework used to define measurable goals and track their outcomes. |
| OKR Adoption Rate | A metric indicating the percentage of teams or departments using the OKR framework. |
| OKR Alignment Workshop | A session to ensure OKRs across teams and departments are aligned with organizational objectives. |
| OKR Audit | A formal review of the implementation and outcomes of OKRs. |
| OKR Champion | A person responsible for promoting and facilitating the OKR framework within the organization. |
| OKR Governance | The policies and processes governing the implementation of the OKR framework. |
| OKR Heatmap | A visual tool for assessing the progress and alignment of OKRs across teams. |
| OKR Review Cycle | A periodic evaluation of progress, performance, and lessons learned from OKRs. |
| OKR Templates | Predefined formats for drafting objectives and key results. |
| OKR Training Program | A structured curriculum for educating employees on the OKR framework. |
| Outcome-Based Key Result | A key result focused on the measurable outcome rather than the action taken. |
| Outcome Dependency | A relationship between key results where one outcome influences another. |
| Outcome Mapping | A method for defining objectives and identifying the key results needed to achieve them. |
| Output-Based Key Result | A key result that measures the completion of deliverables or tasks. |
| Performance Metrics | Quantifiable measures used to evaluate progress and success. |
| Performance Review Integration | The alignment of OKRs with employee performance evaluations. |
| Prioritization Framework | A method used to rank objectives and key results based on their value and urgency. |
| Prioritization Matrix | A tool used to rank objectives based on their impact and urgency. |
| Progress Bar | A visual indicator of progress toward achieving key results. |
| Progress Report | A summary of the current status and advancement toward meeting key results. |
| Retrospective | A review meeting to assess what went well, what could be improved, and future actions for OKR cycles. |
| Risk Assessment | The identification and evaluation of potential obstacles to achieving objectives. |
| Stretch Goals | Ambitious objectives that challenge teams to exceed their standard performance. |
| Stretch Objective | An ambitious goal set to challenge teams to go beyond their comfort zones. |
| Success Criteria | The predefined conditions for determining the achievement of key results. |
| Team OKRs | Objectives and key results set at the team level. |
| Transparency | The practice of making goals, progress, and outcomes visible across the organization. |
| Value Proposition | The unique value an organization delivers to its customers or stakeholders. |
| Vision Statement | A declaration of an organization's long-term aspirations and purpose. |
| Weekly Check-ins | Regular status updates to review progress and address any challenges in meeting key results. |
| Work in Progress (WIP) | The current tasks being executed as part of key result initiatives. |