You don’t have to be a billion-dollar company to benefit from OKRs. If you’re new to this strategy and eager to make it work for your team, this is the post for you. We’ll show you how to write objectives and set key results that are smart and actionable. We’ll also give you a cut-and-paste OKR template you can customize for your organization.
To understand the templates below, first, we need to look at the motivations behind them.
Why Use OKRs?
Objectives and key results promote engaged, productive day-to-day decisions. They bring every collaboration and conversation back to the single-most important question: Will this step get us closer to our objective?
OKRs are the secret sauce behind aggressive growth at the likes of Intel and Google. These and other hugely successful companies have made major strides simply by aligning individual and team goals with company objectives.
Because OKRs are highly specific and measurable, you can easily evaluate how well your objectives were executed at the end of one work period to make adjustments for the next one.
The more time you spend crafting OKRs, the easier it becomes to define roles and get your entire team in sync. And the more in sync your team becomes, the more aggressive your goals can be.
Making OKRs Work
For objectives and key results to work, they have to be SMART:
- Specific: Objectives must be highly detailed, right down to percentages, dates and dollar signs.
- Measurable: OKRs must be rooted in data so progress can be measured easily.
- Attainable: Objectives should be realistically achievable in the short term—quarterly; not annually.
- Relevant: For OKRs to be successful, they need to be applicable (and visible) to every member of your team.
- Timely: If your key results aren’t relevant to weekly (or even daily) discussions, your team is going to have some difficulty working toward a set goal date.
How to Create OKRs
So you understand the tremendous value of OKRs and are ready to make them work for your team. The only problem? You have no idea where to start.
You’re not alone. In fact, for many people, the greatest challenge with OKRs is not meeting objectives but rather defining key results in the first place.
That’s what the following list is for.
Choose an OKR Template
These OKR templates are based on actual objectives and key results used at Jell and Formstack (where Jell was founded) and are intended to help others get started with the OKR process. You can copy and paste them, modify them, share them with your team and use them as a reference.
Product Teams OKR Template
Objective: Increase our user base
- Improve signup conversion rate by 10%
- Launch new one-click process to be used by 25% of new signups
Objective: Improve the onboarding experience
- Increase the signup-creation funnel process to 75%
- Reduce the average time before new users create content to 5 minutes
Objective: Increase user retention
- Increase week four retention rate by 25%
- Launch a new email campaign for disengaged users and achieve a 10% click rate
- Conduct 25 win/loss interviews with disengaged users
Objective: Launch new product
- Conduct 10 user experience tests with beta product
- Launch with 50% user adoption
- Increase average net promoter score to 9 out of 10
Engineering Teams OKR Template
Objective: Increase velocity
- Hire two additional engineers
- Average 10 velocity points in Pivotal Tracker
Objective: Improve code quality
- Launch a test automation framework
- Reduce runtime warnings by 25%
- Publish a coding standards document with signoff from all team members
Objective: Build a reliable infrastructure
- Maintain 99.999% uptime on all user-facing systems
- Ensure all databases are backed up on a daily schedule
- Complete disaster recovery test in less than four hours
Objective: Improve application performance
- Reduce web request latency by 50%
- Instrument all API calls with detailed analytics
Objective: Improve application security
- Eliminate all critical warnings on automated security scans
- Enable two-factor authentication on all admin accounts
Marketing Teams OKR Template
Objective: Leverage blog content to drive traffic
- Publish at least one post per week on the company blog
- Drive 1,000 new visits per week via blog post promotions on social media
- Increase shares of blog posts by 50%
Objective: Improve performance of paid advertising channels
- Implement new conversion tracking for all ad campaigns
- Refine campaigns to increase clickthrough rate by 25%
- Launch new ad placements to increase impressions by 50%
Objective: Launch new messaging campaign
- Revise all existing landing pages with new messaging
- Increase conversion rates by 25% on new landing pages
- Improve brand recall survey results by 50%
Support Teams OKR Template
Objective: Increase customer satisfaction
- Increase average customer satisfaction ratings to 9.5 out of 10
- Decrease average first response time to 1 hour
Objective: Improve customer portal
- Create 10 new walkthrough videos
- Replace any screenshots that are over a year old
- Increase documentation rating score to 8 out of 10
Objective: Streamline support ticket system
- Increase macro library by 50%
- Categorize 100% of tickets with a relevant tag
- Create new auto-responders for each ticket type
Human Resources Teams OKR Template
Objective: Improve hiring process
- Post new jobs within 1 week or less from initial request
- Respond to each job applicant within 1 business day
- Source at least 50 applicants for each new job post
How to Put OKRs to Good Use
Once objectives and key results are set, the most important thing you can do is keep them top of mind as you plan projects and tackle tasks each day.
Do your day-to-day activities align with your objectives?
Are you working on things that will bring you closer to achieving your key results by quarter’s end?
This is how you’ll be able to accurately assess outcomes, reach long-term goals and let the entire process become second nature.