Intel OKRs - what are they?
Long time employee here… what is the benefit?
Why are these tracked every quarter?
What is the end goal?
Is this really “industry leading”?
What do TSMC and Samsung use?
4 replies (most recent on top)
Back to the future. It’s hardly new. Pat thinks the old ways will bring Intel back to its glory days I guess.
Who are you trying to fool? You're not a long time employee if you don't know what they are. They were "invented" by Andy Grove and were in-use by the company more than 35 years ago that I'm aware of. They were called Management By Objectives (MBOs), until they were adopted by Google as OKRs, and later Microsoft, Amazon, Facebook, Netflix, and many others, including Samsung.
Yes, OKRs are very much are industry-leading, but only if they are executed with discipline. Too many managers let employees get away with creating garbage OKRs that are either not clear, not measurable, or not relevant to the team/department/group objectives. If Intel can force the discipline, they can start turning the company in the right direction.
We've had 3 years of the laughable touchy-feely everybody-gets-a-trophy "Insights" system that was designed to foster diversity, equity, and inclusion but has done nothing but contribute to the sissification of the company. It's time to start tying individual rewards with actual results, and that can be done with OKRs and some discipline the company hasn't seen for a couple of decades.
Seriously? Take the class or ask you manager.
Of course it's a good idea to write down you objectives and goals. The problem isn't the process. The problem is the overarching strategy and gamesmanship people play when crafting the OKRs. (Objectives and Key Results).
Now get back to work.
They're rhe stick that holds the carrot.