S5E6: OKRs in Strategy & Product Development - with Frank Radeke from neoverv

“The beauty of OKRs is that they engage right away the people who
are responsible for executing the strategy. This outcome thinking
- which is the main theme of OKRs -  is  very powerful.
Basically, when we do work on our client’s strategy, we convince
them to use OKRs as a strategy implementation tool”  - Frank
Radeke


In today’s episode “OKRs in Strategy and Product Development” we
talk about how every company became a technology company and why
an outcome-based strategy - flexible and adaptive - is the right
way to go. We contrast that with the “old way” of doing strategy
- setting 5 year plans -  and how to build “strategic
thinking” into a capability inside your organization. We also
touch on how startups use OKRs but also how corporate innovation
departments can use them - and Frank shares the data from a
recent study they did at neoverv, where an alarmingly-low rate -
only 10% of respondents, believe they are actually achieving
their targets, despite 81% confirming that they do understand the
company’s strategy. Finally, we discuss how OKRs are what
brings strategy execution to life, in weekly discussions, and how
they provide the critical link between company and product
vision, priorities and daily work.





Frank is Managing Director at neoverv. At neoverv we enable
organizations to  become innovation and sustainability
leaders through technology. Neoverv designs and accelerates
digital technology strategies, builds and scales digital
products, and boosts teams for agile scalability.


Facts about Frank:




Background in business information systems (MSc. / PhD)




15 years within technology strategy and transformation
consulting




8 years at Capgemini Invent as lead of IT strategy
practice  in DACH




Since 2020 managing director at neoverv




Where to find Frank Radeke:


LinkedIn


neoverv


Where to find Johannes:


LinkedIn


Resources mentioned on the show:


Agile Product Management  - Roman Pichler


Measure what Matters - John Doerr 


neoverv - Our Agile Organization Playbook 


neoverv - Our OKR-Playbook 





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