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Ray Cao: belief

7 Mar 2024 Lenny's Podcast Inside TikTok: Culture, strategy, monetization, and more | Ray Cao (Global Head of Monetization Product Strategy and Operations)

“Then that's actually the part that requires a lot of, I would say reinforcement alignment.”

— Ray Cao

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Speaker
Ray Cao
Attribution
Verified speaker
Claim type
belief
Recorded
7 Mar 2024
Publisher
Lenny's Podcast

Transcript context

…Is the way that OKRs work at TikTok, is there an OKR per team and they all kind of trickle up to a company level OKR? Is it less structured that way and teams decide if they want to use OKRs or not? How does that roughly work? The structure is, basically the guidance is, using the key result to evaluating and then you put the steps in between. So that's how at least my team has been using this. I think the things that we can improve is the input and output. So the output is very clear, but what is actually the input sometimes is debatable, sometimes I have to say. And also oftentimes your output is other people's input. Are you able to connect the dots over there, too? Then that's actually the part that requires a lot of, I would say reinforcement alignment. Definitely we're getting better, don't get me wrong. We're totally not perfect, for sure. But I do see there is a lot of, I say momentum, to leveraging the system better. If you know other companies doing this really, really good, please shoot them my way. I would love to learn from them. One last question here. You do planning, you have OKRs. Just briefly, how often do you all do planning? Is there a yearly plan that you put together and then a quarterly detailed plan?…

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