Objectives and Key Results are a management tool that was created by Andrew Grove, the former CEO of Intel. The goal of this system is to help managers and employees keep track of what they are working on and to make sure they are meeting their goals. The acronym OKR stands for Objectives and Key Results. These terms can be used interchangeably, but the term “objective” is often used in conjunction with a long-term goal or vision, while a “key result” refers to something more specific that can be achieved in one year. Objectives are usually set for a quarter or a year. Key results are usually set for one month or one quarter respectively. The objectives should be challenging, but achievable, with clear expectations of what constitutes success.