The power of an OKR is their ability to help you focus on what's most important for moving your company in the direction of where you want to be. They get rid of all the unnecessary redundant stuff and help you focus and make decisions within that focus area.
How to make OKRs work at your Company?
Step 1 - Define Vision before aligning OKRs
Having a clear Vision, and aligning OKRs – whether it be monthly, quarterly, or yearly – to that vision, helps to ensure that work performed in the short term, is meeting the long-term strategic mission of the organization.
Step 2 - Strategic Objectives (Company's Level)
The company's strategy answers the question “How are we going to achieve our vision?”. The Strategy is a more complete decoding of the way to achieve the company's vision.
When you're sure that your fundamental values are clear, transparent and accessible to everyone in the company...
Now is time to set OKRs
Step 3 - Departmental Objectives & Key Result
First of all, you should determine the most important Objectives for your Departments, formulate them clearly and set terms of achievement.
Consider letting your team members set their own OKRs, then work with them on tweaks to match them back to the overall company goals.
3.1 Key Results for your Departmental Objective
Assuming your Objectives are well thought out, Key Results are the secret sauce to using OKRs. The important element here is measuring success. Key Results are numerically-based expressions of success or progress towards an Objective.