Dashboard versus destination.
Direct answer
KPIs (key performance indicators) track how well something is performing day to day. OKRs (objectives and key results) set a goal to change something over a set period. Use KPIs to keep watch on essentials and OKRs to drive improvement.
Comparison
| KPIs | OKRs | |
|---|---|---|
| Purpose | monitor health | drive change |
| Time | ongoing | quarterly or yearly |
| Example | monthly churn rate | cut churn from 5 percent to 3 percent |
| Review | regularly | regularly, scored at the end |
Working together
If a KPI is off target, make improving it an OKR for the next quarter.
Where Teyro fits
Teyro's How to Set Clear Expectations course turns this into short lessons you can play in a few minutes a day. It has 50 lessons, and you can start free.
The bottom line
Watch with KPIs, change with OKRs.
