How many of you use OKR for performance evaluation, and what do you think of it?

Question

I've always used OKR as the valuation tool since I joined TikTok/Bytedance. It's super clear, elaboratable, relatable, proven to be effective in both giant companies and start-ups.

Maxime Parmentier · Accepted Answer

In my opinion, OKRs are great to keep your teams and organization aligned on specific goals.

However, to evaluate the performance of a single employee on an OKR can proved to be difficult. OKRs can be "stretched goals" meaning they are really difficult to achieve. Also key results tend to be lagging indicators, meaning it might take time for the KR progress to increase when the OKR owner is producing a lot of work (leading indicator), in that case, it's important to not evaluate on the progress/achievement of the OKR, but rather on the work being done to move the OKR progress.

Mayank Jain · Answer

We do. The entire team follows it and helps us remain aligned.

What are some of the best practices to manage OKR you have seen? Also, any tools do you use?

Rebecca Tany · Answer

We also use OKR, a useful way to manage teamwork

Nick Mazikov · Answer

By the way, you can read about other tools on our blog

Jordan Shlosberg · Answer

OKR's are amazing but they shouldn't be used as performance tools. Missing OKR's generally means that you stuffed too much into the quarter rather than general underperformance.

How many of you use OKR for performance evaluation, and what do you think of it?

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