Business Plan - OKR

Deciding what not to do is as important as deciding what to do.

OKRs (Objectives and Key Results) is a performance management framework designed to encourage companies to set, communicate and monitor broad organizational goals and results. The framework is meant to be transparent and to align business, team and individual objectives in a hierarchal, measurable way.

OKRS are broken into two components, objectives and key results. An average of 3-5 goals are identified with an additional 3-5 related, quantifiable action items or KPIs. Each overarching objective should be achievable but challenging, sometimes referred to as a moonshot, to keep teams motivated. OKRs are usually reviewed and revaluated on a specified periodic basis.

An important purpose of implementing OKRs is to ensure that all employees are aware of organizational goals and everyone is working together to achieve them. At Astrafy we set OKRs for a two-years period due to the velocity of the sector we deal with and we review those OKRs every four months.

Our OKRs are defined in leapsome and with trimester cycles following calendar year. Summary of our OKRs for the current cycle is as follows: