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.
Flowchart Template
Works best for:
Flowcharts, Mapping, Diagrams
Trying to explain a process or workflow to your team — or just wrap your head around it yourself? Sometimes the best way is to see it, and that’s when you create a flowchart. Using common shapes (generally just ovals, rectangles, diamonds, and arrows), a flowchart shows you the direction a process or workflow goes and the order of steps. Beyond giving you a clear understanding, you’ll also be able to see potential flaws and bottlenecks, which helps you refine and improve your process and create a better product more efficiently.
OGSM Template
Works best for:
Strategy, Planning
The OGSM template provides a readable framework, systematically breaking down business strategies into Objectives, Goals, Strategies, and Measures. This structured approach ensures that overarching visions are translated into actionable plans, fostering alignment across different teams and initiatives. One standout benefit of using this template is its ability to offer clarity. By clearly delineating between broad objectives and specific measures, stakeholders can easily comprehend and stay focused on the most critical elements of a strategy, ensuring that all efforts are directed toward the desired outcomes.
BPM
Works best for:
Diagramming
The BPM (Business Process Management) template is a visual tool for modeling, analyzing, and optimizing business processes. It provides a structured framework for documenting process flows, identifying bottlenecks, and improving efficiency. This template enables organizations to streamline operations, enhance productivity, and drive business performance. By promoting process transparency and agility, the BPM template empowers teams to achieve operational excellence and deliver value to stakeholders.
System Context Diagram
Works best for:
Diagramming
The System Context Diagram template is a visual tool for illustrating the relationships between a system and its external entities. It provides elements for depicting system boundaries, interfaces, and interactions with external stakeholders. This template enables teams to understand the broader context in which a system operates, facilitating requirements analysis and design decision-making. By promoting clarity and alignment, the System Context Diagram empowers teams to design systems that meet stakeholder needs and integrate seamlessly with their environment.
Sustainable Product Innovation Board
Works best for:
Product Management, Planning
The Sustainable Product Innovation Board template supports sustainable product development practices. By integrating sustainability criteria into product ideation, design, and implementation processes, this template fosters eco-friendly product innovation. With sections for evaluating environmental impacts and setting sustainability goals, it enables teams to create products that minimize ecological footprints and promote social responsibility. This template serves as a framework for driving sustainable business practices and meeting consumer demands for environmentally conscious products.
PEST Analysis Template
Works best for:
Ideation, Strategic Planning, Business Management
No business operates inside a vacuum, so if you want to succeed, you have to successfully deal with local laws, government regulating bodies, the health of the local economy, social factors like the unemployment rate, average household income, and more. Use the PEST Analysis Template to help you explore how the world impacts your business and how you can work around it.