Erica Brescia
Managing Director, Redpoint Ventures
Erica Brescia is the Managing Director at Redpoint Ventures. Before Redpoint, Erica was the Chief Operating Officer at GitHub, where she partnered with the rest of the leadership team to build the best possible home for 50 million developers and counting. Prior to joining GitHub, she was the COO and co-founder of Bitnami (acquired by VMware), which automates the deployment of applications to the cloud. Erica serves on the board of directors of the Linux Foundation and as an operating partner at X Factor Ventures, an angel fund out of which female founders invest in the next generation of female founders pursuing billion dollar opportunities.
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The number one thing that holds companies back is not having clarity around priorities and then executing towards them. It’s important to make prioritizing and aligning around OKRs a core part of how you operate—especially as you scale.
Flight Template Series: Building Operational Excellence
Define Company-Level Objectives and Key Results (OKRs)
Categories
Description
Having a set of priorities that is simple, focused and crystal clear is key to moving a business forward, especially if you’re scaling rapidly. At GitHub, the company runs a twice-yearly process where the company sets Objectives and Key Results (OKRs) for the business at the company level, and each OKR has a clear executive owner. We check in on our progress every 2 weeks at our leadership team meetings. Each function also develops its own OKRs in support of the overall company objectives, which are shared and reported on publicly via a designated “captain”. The first step in implementing a system like this is defining company-wide OKRs with input from your teams. To successfully utilize OKRs, they must reflect the goals of the broader organization, rather than just leadership. This flight will gather input on OKRs from upper management that informs the final decision with your executive team.
Suggested Questions
Types of Insights
Alignment and clarity around company-level OKRs