An OKR template is a quick-and-easy reference to craft your own OKRs or fill in your numbers to get started with OKRs. For example, here’s a template of a Company Level OKR- Objective: Drive Product Innovation to Grow Revenues KR 1: Increase tech partnerships from X to Y KR 2: Establish integrations across X core platforms KR 3: Launch <new product/new version of the product> by <date> KR 4: Drive product revenue from USD X to Y Million All you need to do is fill in the X and Y values and your OKR is ready with the aim to drive product innovation to grow revenues!
What is the benefit of using an OKRs template?
An OKR template saves you the time of crafting your own OKRs from scratch. Crafting OKRs is not easy, especially if you’re new to OKRs. It also helps to use an OKR template when you’re not sure about the direction of your team/company’s growth, as our OKR templates provide easily-understandable outcomes for you to choose from.
How do you formulate OKRs?
OKRs can be understood with a simple formula: OKR = (Objective = “What is your destination”) + 5 x (Key Results = ”How will you track progress towards it”) You can form your Os and KRs keeping the below formula in mind: Objective =Action word + what you would like to achieve + in order to/so that + business value/value Key Result =Action word + metric to measure + from + X to Y The easiest way to go about writing effective OKRs is with Fitbot’s Writing Assistant.
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