All Industries, General Excel Financial Models |
Dashboard, Excel, Human Resources (HR), KPIs (Key Performance Indicators), Performance Tracking |
NOTE: Single-User pertains to a limited Single User License where the template can only be used by one single user; while Multi-User is a license for users sharing the template with up to 20 members. Please refer to Terms of Use and License and Permitted Use for clarification.
OKR Template help businesses to focus effort on the same important issues throughout the organization. OKRs provide a framework for leadership to discuss how the work of an individual employee is connected to the overall business strategy. Because they are visible to everyone – top-down, bottom-up, and cross-functionally – OKRs ensure everyone is working toward the same outcomes.
OKRs consist of two elements: the Objective, and its associated Key Results:
– Objective (O)
Objectives represent what the business/team/individual wants to accomplish. They are qualitative goals designed to propel the organization in the desired direction. They should be significant to the company and personally meaningful to the individual. They should also be aspirational and ambitious, feeling a bit uncomfortable. In this respect they’re a stretch; they aren’t easily accomplished and will require incremental effort and innovation to achieve. Objectives should be ambitious and a bit aggressive, but you shouldn’t be setting goals that are so big that they’re impossible. They should challenge employees to push further, but not demotivate them by making them feel that they’re unattainable.
– Key Results (KRs)
Key Results are how the business/team/individual will accomplish the Objective; they clearly make the objective achievable. They lead to Objective grading, i.e. only by the attainment of the Key Results will the overall Objective be delivered. Key Results are should be specific and measurable, avoiding vague language such as ‘increase sales’.
OKR Template Key Features
– OKR Global
– Key Objectives and Results of Areas
– Communicates Accurately
– Focuses Effort
OKR Template available visualizations
OKR Global | Determine overall goals for your business and what the key results are for a quarter. Then just follow up month by month and see the percentage of completion of these goals.
Key Objectives and Results of Areas | In addition to the overall business analysis, it is necessary to define the OKRs for each of the major areas of your business. The idea is that these initiatives help you to reach global goals.
OKR Areas Report | See the completion percentage of the goals set for each area of your business with a color format that helps you see which ones are better and which ones are worse.
Dashboard OKR | Control panel with the main indicators and charts to follow the objectives and goals defined. In this area of the worksheet, you will be able to see the overall completion percentage of your OKR.
OKR Methodology | We also bring a glossary with explanations of the main terms of the OKR and tips on how to make this methodology work in your business.
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