True or false? Objectives typically have a designated time period, while key results can be long lived.
- True
- False
Explanation: The correct answer is False. Objectives and key results (OKRs) are both time-bound components of goal-setting methodology. Objectives outline the desired outcome or direction, and they are typically set for a specific time period, such as a quarter or a year, to provide a clear timeframe for achievement. Key results, on the other hand, are the measurable milestones or targets that indicate progress toward the objective. While key results may vary in complexity and duration, they are also time-bound and aligned with the timeframe set for the objective. Setting time-bound key results ensures that progress is measured and evaluated within a defined period, allowing individuals or teams to track their performance, make adjustments as needed, and ultimately achieve the overarching objective within the designated timeframe. Therefore, the statement that key results can be long-lived is false, as they are also subject to time constraints and should align with the timeframe set for the objective.