Objectives and Key Results (OKRs) Template
Use the OKR template to bring clarity and structure when setting up your business goals. Align teams and work towards the same vision.
About the OKR Template
The OKR template helps you with the strategic planning for the financial year, sets goals for you and your team, and aligns everyone towards the same objectives and key results.
This framework brings clarity, focus, and structure, and it exists at two primary levels: strategic and operational. The OKR Template allows you to have a great overview from the top down, providing everyone with actionable points so the company’s ultimate goals are achieved.
What is an OKR?
OKRs are Objectives and their related Key Results.
OKRs should be transparent to everyone: top-down, bottom-up, and cross-functional. When everyone’s looking at the same framework, everyone has the opportunity to work toward the same outcomes.
Objectives are the antidote to “blue sky thinking” – they aim to help you articulate what you want to achieve. An objective is significant, concrete, and drives you to get things done.
Key results explain how you’ll get those things done. Specific and measurable, these quantitative goals act as benchmarks for how you’ll reach an objective. (Think outcomes or results in absolute numbers.)
How to use the OKR template
Creating your own OKRs is about defining your key metrics and then bringing your team on board to raise the visibility of this framework company-wide.
It’s simple to make them with Miro, where you can easily create and share your team’s OKRs. Begin by selecting the OKR Template, then take the following steps to make your own.
Here’s how to get started:
Map out your team hierarchy.
Write from top-down which team is responsible for each OKR. You can edit the text inside the shapes to add the names and titles of the people in your organization.
Add the primary objectives driving your company or team on the top rectangle or shape.
Add the OKRs for each respective team, according to their function and role.
Fill in the measurable Key Results in the boxes below.
Color code teams so you can see at a glance which team is responsible for each OKR.
Remember: Objectives are concrete goals, and you can set them ambitiously; Key Results are always measurable and contain actionable points.
Ideally, you should do your OKR planning together with your team. Set some time aside and run a smooth session with Miro.
Why should you use the OKR template?
You and your team can use the OKR framework template to:
Clarify major goals according to department or discipline.
Communicate clearly and focus on what’s important for cross-functionality.
Practice transparency and simplify big ideas so everyone understands how they contribute to bigger company goals and priorities.
Sets up indicators for measuring progress so that teams can adapt and adjust to change.
Focus efforts so everyone stays aligned and cross-collaborative, and turn competitive initiatives into combined and consolidated efforts.
Teams that commit to completing their Objectives and Key Results (OKRs) should ideally point their stakeholders to results based on funding allocated per quarter. The goal is to reduce risk yet still set ambitious, bold quarterly goals, focusing on results over outcomes while putting value for both customer and business front and center.
What is typically included in an OKR template?
An OKR template usually consists of two main sections - Objectives and Key Results. Objectives are clear and specific goals that need to be achieved, while Key Results are measurable outcomes that indicate progress toward those goals. The template may also include sections for tracking progress and linking OKRs to strategic priorities.
Can the template be customized according to my organization's specific needs?
Yes, you can customize the template to match your organization's terminology, performance indicators, and other relevant details. The template is flexible enough to allow for adaptation.
How often should I update or review OKRs?
OKRs are typically set on a quarterly basis. It is recommended to have regular progress check-ins and reviews throughout the quarter, with a more comprehensive evaluation at the end of the period.
Is there a preferred format for presenting the information within the template?
While there isn't a strict format, it is important to keep your OKR template organized, visually clear, and easy to understand. You can use color-coding, charts, and graphs to represent the information visually.
Get started with this template right now.
Resource Management Gantt Chart
Works best for:
Strategy, Planning
Efficient resource allocation is crucial for project success. The Resource Management Gantt Chart template helps you plan and manage your resources effectively. Use it to track the availability and allocation of personnel, equipment, and materials throughout your project. This template ensures resources are optimally utilized, reducing waste and avoiding delays, providing a clear overview of assignments and workload balance.
2-Circle Venn Diagram Template
The 2 Circle Venn Diagram Template is a dynamic, intuitive tool designed to represent the logical relationships between two data sets visually. For teams, this template proves valuable in enabling efficient collaboration, clear communication, and shared understanding.
Mad Sad Glad Retrospective
Works best for:
Brainstorming, Ideation
It's tempting to measure a sprint’s success solely by whether goals and timelines were met. But there’s another important success metric: emotions. And Mad Sad Glad is a popular, effective technique for teams to explore and share their emotions after a sprint. That allows you to highlight the positive, underline the concerns, and decide how to move forward as a team. This template makes it easy to conduct a Mad Sad Glad that helps you build trust, improve team morale, and increase engagement.
Budget Planning Template
Works best for:
Planning
A budget template is a comprehensive yet flexible framework that allows you to monitor and control your finances. With user-friendly functions and numerous customization options, this tool helps you create a budget tailored to your specific needs and goals. Whether new to budgeting or an experienced financial planner, a budget template is an excellent tool to help you manage finances effectively.
Product Metrics & Analytics
Works best for:
Product Management, Planning
The Compelling Product Offer template assists product teams in defining and measuring key product metrics effectively. By identifying performance indicators, setting benchmarks, and tracking progress, this template enables teams to evaluate the success of product initiatives objectively. With sections for defining KPIs, visualizing data, and analyzing trends, it provides actionable insights for driving product improvements and optimizations. This template serves as a dashboard for monitoring product performance and making data-driven decisions that enhance the overall product offering.
Bubble Map Template
Works best for:
Diagramming, Mapping, Brainstorming
A Bubble Map Template is a visual organization tool that uses bubbles or circles to represent various ideas or data points. These bubbles are linked together, displaying their relationships and creating a network of interconnected thoughts. Use a Bubble Map Template to streamline complex information, enhancing comprehension and promoting efficient decision-making.