Legendary venture capitalist John Doerr reveals how the goal-setting system of Objectives and Key Results (OKRs) has helped tech giants from Intel to Google achieve explosive growth--and how it can help any organization thrive. In the fall of 1999, John Doerr met with the founders of a start-up whom he'd just given $12.5 million, the biggest investment of his career. Larry Page and Sergey Brin had amazing technology, entrepreneurial energy, and sky-high ambitions, but no real business plan. For Google to change the world (or even to survive), Page and Brin had to learn how to make tough choices on priorities while keeping their team on track. They'd have to know when to pull the plug on losing propositions, to fail fast. And they needed timely, relevant data to track their progress -- to measure what mattered. Doerr taught them about a proven approach to operating excellence: Objectives and Key Results. He had first discovered OKRs in the 1970s as an engineer at Intel, where the legendary Andy Grove ("the greatest manager of his or any era") drove the best-run company Doerr had ever seen. Later, as a venture capitalist, Doerr shared Grove's brainchild with more than fifty companies. Wherever the process was faithfully practiced, it worked. In this goal-setting system, objectives define what we seek to achieve; key results are how those top-priority goals will be attained with specific, measurable actions within a set time frame. Everyone's goals, from entry level to CEO, are transparent to the entire organization. The benefits are profound. OKRs surface an organization's most important work. They focus effort and foster coordination. They keep employees on track. They link objectives across silos to unify and strengthen the entire company. Along the way, OKRs enhance workplace satisfaction and boost retention. In Measure What Matters, Doerr shares a broad range of first-person, behind-the-scenes case studies, with narrators including Bono and Bill Gates, to demonstrate the focus, agility, and explosive growth that OKRs have spurred at so many great organizations. This book will help a new generation of leaders capture the same magic. Read by John Doerr, William Davidow, Brett Kopf, Jini Kim, Mike Lee, Atticus Tysen, Patti Stonesifer, Susan Wojcicki, Cristos Goodrow, Julia Collins, Alex Garden, Joseph Suzuki, Andrew Cole, Bono, and others
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"Outstanding book on goal setting, a highly undervalved trait and skill."
— Jay (5 out of 5 stars)
“In this indispensable book, the most important venture capitalist of our era reveals a key to business innovation and success. This crisp and colorful book combines fascinating case studies with insightful personal stories to show how OKRs can add magic to organizations of any size.”
— Walter Isaacson, #1 New York Times bestselling author“Measure What Matters shows how any organization or team can aim high, move fast, and excel.”
— Sheryl Sandberg, Facebook COO and New York Times bestselling authorJohn Doerr is the chair of venture-capital firm Kleiner Perkins Caufield & Byers, which he joined in 1980. He has invested in some of the world’s most successful entrepreneurs and companies, including Amazon, Google, Intuit, Netscape, and Twitter. Through his investments, he has helped create over 425,000 jobs.
Erin Bennett is an Earphones Award–winning narrator and a stage actress who played Carlie Roberts in the BBC radio drama Torchwood: Submission. She can be heard on several video games. Regional theater appearances include the Intiman, Pasadena Playhouse, Arizona Theatre Company, A Noise Within, Laguna Playhouse, and the Getty Villa. She trained at Boston University and the London Academy of Music and Dramatic Art.
Senator Mike Lee was elected to the US Senate from Utah in 2010 and is currently the Senate’s youngest member. A lawyer, life-long student of the Constitution, and former law clerk to US Supreme Court Justice Samuel Alito, he currently serves on the Senate Judiciary Committee, Foreign Relations Committee, Energy and Natural Resources Committee, and the Joint Economic Committee. Senator Lee and his wife, Sharon, have three children and live in Alpine, Utah.
William Davidow was Intel’s senior vice president of marketing and sales, where he is credited with inventing modern high-tech marketing. He cofounded the venture capital firm Mohr Davidow in 1985. He is the author of three books and the coauthor of two, including The Virtual Corporation, which sold more than 100,000 copies.
Edoardo Ballerini, an American actor, director, film producer, and multiaward–winning narrator. He has won several Audie Awards for best narration, including for 2019’s Best Male Narrator of the Year. He was named by Booklist as winner of their 2023 Voice of Choice Award, and was named a Golden Voice by AudioFile magazine in 2019. He has narrated over two hundred audiobooks, from classics to modern masters, from bestsellers to the inspirational, from Nobel and Pulitzer Prize winners to spine-tingling series, and much more. In television and film, he is best known for his roles in A Murder at the End of the World, The Sopranos, 24, I Shot Andy Warhol, Dinner Rush, and Romeo Must Die. He is also trained in theater and continues to do much work on stage.