What does 'Individual OKR' mean?

Individual OKR, also known as personal OKR, is a target set by the firm for a specific employee or by the employee for themselves. Individual OKRs are established depending on the team's goals to which employees belong. Individual OKRs, team OKRs, and business OKRs make up the conventional organizational OKR structure. Individual OKR is an employee performance management method that helps teams and employees measure their achievements. An individual OKR is a written statement of an individual's objectives, key results, and the strategies and initiatives critical to achieving those results within an organization. OKRs solve many problems that exist in hierarchical reporting systems and allow organizations to identify and manage multiple goals.