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Portfolio epic definition
Portfolio epic definition










portfolio epic definition

Portfolio-level OKRs should serve as inspiration as the agile release train (ART) considers how it can best contribute. OKRs owned by the Portfolio should demonstrate the contribution of epics towards desired outcomes, and will help you with investment decision-making. OKRs are particularly useful at the following levels: Portfolio OKRsĬrystallize your strategic themes and investment objectives around OKRs, and embed OKRs in every portfolio epic. You can define, link, and leverage OKRs at every level and grow an organizational coherence from them. The same is true when it comes to using them in SAFe (Scaled Agile Framework, a popular model for enterprise agile and agile/digital transformations). OKRs are incredibly powerful as a focusing and learning tool.

portfolio epic definition

The beauty of implementing OKRs is that you can start anywhere.

portfolio epic definition

In this top-down model, the process of setting goals can take four to six months, which is inherently non-agile.īy making organizational goals clear and transparent, you’ll inspire convergence at all levels and surface areas of divergence. When goals are set at the top of the organization and handed down in one direction to lower levels, it creates a blocker at lower levels of business units, portfolios, programs, and teams. The reality is that top-down, cascaded OKRs are too slow and kill autonomy. Unfortunately, a common misconception is that OKRs cascade down the org chart like a royal decree.

#Portfolio epic definition how to

We love these blog posts by Felipe Castro that talk about how OKRs should align, not cascade, and how to avoid waterfall OKRs. When OKRs have been fully deployed at companies like Google, Oracle, Slack, LinkedIn, Spotify, Twitter, and here at Atlassian, they’ve served as an amazing tool for company-wide alignment. With more people to align, more work is needed to achieve that alignment.įull enterprise agility involves aligning thousands of people. Moving to the team-of-teams level (sometimes called programs or Agile Release Trains), the paradigm shifts to aligning 50 to 125 people to common goals. Team-level agile is an effective way to organize a group of people on a team (usually five to ten people) around common goals. When operating in a scaled agile environment, alignment across teams and at different levels of the organization is essential. What’s different about OKRs in a scaled agile environment? In other words, KRs should be paired to measure both effect and countereffect. For example, if there’s a chance that pushing for a particular result will compromise quality, you should identify a second key result that will safeguard quality. Likewise, each objective should be accompanied by two or three key results.įurthermore, Andy Grove stressed the key results (KRs) should be in balance with one another. Too many objectives leads to a diluted focus. They go on to stress that the OKRs are meant to be a focusing tool. Key results should be gradable on a scale of 0 to 1, and you should be looking to hit somewhere around 70 percent. Google has shared their beliefs on getting the most from OKRs: much of their approach is based on the concept that there’s nothing worse than setting a goal too low and hitting it, and that all OKRs should be stretch goals. Run the Play How do I set up OKRs at my company?Īs simple as OKRs sound, they are implemented differently at every organization. Learn more about OKRs and how to implement them with this guide.

  • The key results are quantitative and define how you’ll know if you have achieved the objective.
  • The objective is qualitative and defines what you want to do.
  • Many point to OKRs as the strategy that helped Google become the successful, market-leading company it is today. But more recently, OKRs have been made famous by Google, who made it part of their organizational fabric back in the 1990s, when they were a 30-person company. The concept of an OKR was created by Andy Grove at Intel in the early 1970s as an evolution of Peter Drucker’s management by objectives concept. OKRs, shorthand for objectives and key results, are a popular tool for companies to set strategy and hold their teams accountable for business outcomes. For a company operating in a scaled agile environment, where teams are empowered to make decisions, strategic context must be crystal clear to create a trusting environment where teams can do their best work and drive business results. In any organization, large or small, a defined strategy and tireless accountability are essential to making sure all teams are aligned and focused as they go about their day-to-day work.












    Portfolio epic definition