Manage your effort

OKRs are a super efficient way of setting short term objectives and define key initiatives to reach them. It is perhaps the most simple way of ensuring that your startup is at all times outcome-driven that you can get.

But there is one key element to setting your OKRs that you should keep in mind when setting them: The amount of effort that goes into the Key Results necessary to reach the objectives.

When you define your key results right, you instantly have a feel that they are ambitious yet achievable within the short term.

But sometimes you look at your key objectives and get the feeling that even if they are measurable they are still kind of fuzzy and essentially the tip of the iceberg with a lot of dependencies down under.

That’s where you should sound the alarm and ask whether it’s really a short term OKR goal or rather a more significant ongoing project that should be handled in a different way.

If you fail to do that, the risk is that you end up chasing a bunch of OKRs that are draining ressources from you above and beyond what’s reasonable in order to be efficient across the board. People will start feeling fatigued, get frustrated and basically abandon the OKRs – and perhaps even the method, if you’re really unlucky.

There is no reason to get to that point, so make sure that your OKRs are not only structured right but also takes an amount of effort that is ambitious but manageable in order to move your startup fast forward.

(Photo by Joshua Earle on Unsplash)

Progress report – May 2019

It’s been a month since I joined inQvation Studio, and what a month it has been; fastpaced, fun and with a lot of excitement about the challenges and opportunities that lie ahead.

I have spent the month catching up on all the thinking that has gone into building the Studio idea. Furthermore I have been fortunate enough to be able to contribute to a couple of projects already, and I am very grateful of how that has turned out and the feedback, I have received. There are just cool, skilled, fun and generous people all over, and I never grow tired of people who passionately care about what we are all doing together.

On top of that we have spent some time getting bits and pieces in play that will help us in our exploration work going forward. Essentially we’re preparing for takeoff full well knowing that (more than) one or two things will go very differently than according to plan. The coming months will have us launch properly and will show whether we can make our trajectory. Based on the first month, I am very optimistic. Onwards and upwards.

(Photo: Pixabay.com)