Question

Answer all questions as true or false

1. Managers at Google often set stretch goals and this has created a mood of failure at the company when these goals are not reached.

2. John Doerr insists that managers who are seeking an investment from Kleiner Perkins must employ OKRs in the venture before he will approve an investment in the company.

3. OKRs guide managers of Google (Alphabet) to invest capital and human resources in those areas that support the associated key results.

4. Bill Gates thinks that philanthropies should not set goals because either the goals will be to ambitious or too easy to achieve and in either case capital will be misallocated.

5. At the Gates Foundation the measurement of key results is based on data. If the data does not support an objective this information is valuable and is used as a signal that can trigger a modification of the objective or reallocation of capital to a different objective.

6. According to John Doerr key results are measurable undertakings your team intends to engage in in order to reach the team’s objective.

Answer 1

1) False

Google often sets goals that are just beyond the threshold of what seems possible, sometimes referred to as “stretch goals.” Creating unachievable goals is tricky as it could be seen as setting a team up for failure. However, more often than not, such goals can tend to attract the best people and create the most exciting work environments. Moreover, when aiming high, even failed goals tend to result in substantial advancements and has not created a mood of failure at the company.

2) True

John Doerr insists that managers who are seeking an investment from Kleiner Perkins must employ OKRs in the venture before he will approve an investment in the company.

3) True

objectives and key results guide managers of Google (Alphabet) to invest capital and human resources in those areas that support the associated key results.

4) True

Bill Gates stated that philanthropies should not set goals because either the goals will be to ambitious or too easy to achieve and in either case capital will be misallocated.

5) True

At the Gates Foundation the measurement of key results is based on data. If the data does not support an objective this information is valuable and is used as a signal that can trigger a modification of the objective or reallocation of capital to a different objective.

6) True

John Doerr proposed OKR. The definition of “OKRs” is “Objectives and Key Results.” It is a collaborative goal-setting tool used by teams and individuals to set challenging, ambitious goals with measurable results.