OKR is an abbreviation for Objectives and Key Results. The Objectives here are the desired outcomes for your company. It is a description of what you want to achieve for your organization.
Now, the question arises: how will you achieve said objectives? The answer lies in the other half of the concept – Key Results. Key Results are the metrics that allow you to measure and track the progress you make towards reaching the objectives described earlier.
Objectives answer the question – What do I want to accomplish? On the other hand, Key Results are an answer to – How will I get it done?
OKR is a widely-used technique that allows a company to define its objectives and communicate the same to the team members and employees in a quantifiable and precise manner. With a well-planned OKR tracking tool and strategy, you can achieve your goals faster and more effectively. Stackby’s OKR tracking template helps you implement these strategies easily.
OKRs should be simple, flexible, transparent, and concise. They should be in line with the overall goal of the company and should be limited in number. Setting too many objectives at the same time can prove to be counter-productive for the company. You know your OKRs are working when they encourage your employees to venture out of their comfort zone and aim higher.
Are you looking for an OKR template to define your objectives and track your key results? Stackby is here to your rescue! Considering the effectiveness of the OKR technique, Stackby has developed an OKR Tracking Template.
This user-friendly OKR tracking template with customizable columns is your go-to solution for any OKR related issues. Get rid of the multiple spreadsheets and track everything from one place with our OKR tracking template!
Collaborate with your team and develop an OKR tracking strategy for your company with Stackby’s OKR tracking template!