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.
