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When you're kicking off with **ITIM Newbold OKRs**, the first crucial step is to **set your initial Objectives and Key Results**. This isn't just a brainstorming session; it's a strategic exercise. Start by revisiting your team's or company's overarching strategic goals. What are the 1-3 most critical things you need to achieve in the upcoming period (usually a quarter)? These will form the basis of your Objectives. Remember, Objectives should be ambitious, qualitative, and inspiring. Once you have your Objectives defined, it's time to craft your Key Results. For each Objective, aim for 2-5 Key Results that are *specific, measurable, achievable, relevant, and time-bound* (SMART), with a heavy emphasis on the *measurable* aspect. Ask yourselves: "How will we know if we've achieved this Objective? What are the quantifiable outcomes that prove success?" For example, if your Objective is to "Significantly improve customer onboarding experience," your Key Results might include: "Reduce average customer onboarding time by 20%" or "Increase customer satisfaction scores related to onboarding from 7.5 to 9.0." Avoid activity-based metrics; focus on impact and results. The ITIM Newbold approach encourages involving the team in this process. Collaborative goal setting fosters buy-in and ensures that the OKRs are realistic and well-understood by those who will execute them. Don't be afraid to set stretch goals – OKRs are meant to push you! It's also essential to ensure these OKRs are clearly documented and communicated to everyone involved. This foundational step sets the stage for everything that follows, ensuring your team has a clear, shared vision of what success looks like and how you'll get there.
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