OKR stands for Objectives and Key Results, and it is a performance management system that helps individuals, teams, and organizations set and achieve goals. It involves setting specific, measurable, and time-bound objectives, as well as identifying the key results that will indicate whether those objectives have been achieved.
OKRs are typically set at multiple levels, from individual goals to team goals and organizational goals. They are often used in conjunction with regular check-ins and progress updates to ensure that everyone is on track and making progress towards their objectives.