OKRX 2022 Reflections
OKRX Summit was held very successfully on May 26th 2022. The virtual summit, hosted by Talentmelon with the main sponsorship of GTMHub, included 15 speakers from all around the world and was watched by over 400+ participants from 36 different countries!
This year’s theme was “Teams Thinking Outside the Box” and the summit started with the opening speech of Sure Köse Ulutaş, the founder of Talentmelon and the architect of the OKRX Summit. Sure said “Two-thirds of companies that try OKRs, fail. One of the common cultural elements of successful companies is to share what impact the management expects them to create, rather than to tell them what to do and how.” She emphasized that companies set their priorities in real terms with OKRs, and added; focusing on the most important, the dynamics of the rapidly changing business world can be reached only by “thinking outside the box”.
“OKR works for the important, not the urgent”
Stanford University Professor Christina Wodtke, the author of Radical Focus and co-founder of three successful startups in Silicon Valley, said: “OKRs work for the important, not the urgent. Make sure that you have a roadmap and that your teams feel data-driven, autonomous and has psychological safety”
Ben Lamorte, the founder of okrs.com and the author of The OKRs Field Book, shared the most accurate question: “Why is this important now? “OKR is easy to access, difficult to implement”
Daniel Montgomery, the founder of Agile Strategies, also emphasized that OKRs are not a substitute for strategy, pointing out that OKRs are the missing link in the strategy management cycle.
GTMHub Co-Founder Evan Campbell said: “OKRs are easy, they're hard to implement. 72 percent of companies failed at the first try.”
Gökhan Güney, the deputy CEO of LC Waikiki said, “OKRs will become a post-mortem tool unless you utilize the continuous feedback loop.”
Finally, Seval Gökçeler, Business Unit Manager of Garanti BBVA Technology said: “With the OKR pilot, our teams internalized our common goals. With the metrics, bottlenecks became visible. In particular, we saw that competencies in reading data improved in teams.”
See the quotes from all speakers from our medium blog post.
The summit will soon be available to watch as of 2nd week of June on okrmentors.com.