Template14 min read

OKR Planning Template

Master the OKR framework with our comprehensive template. Includes examples for company, team, and individual OKRs, plus scoring methodology and common mistakes to avoid.

Aditi Chaturvedi

Aditi Chaturvedi

Founder, Best PM Jobs

3-5

Objectives per Team

2-4

Key Results per Objective

70%

Target Score (Stretch)

90 days

Typical Cycle Length

What are OKRs and Why Do They Matter?

OKRs (Objectives and Key Results) are a goal-setting framework that helps organizations align around ambitious goals and track measurable progress. Popularized by John Doerr at Intel and later Google, OKRs are now used by companies of all sizes to drive focus and accountability.

The framework is simple: an Objective is what you want to achieve (qualitative, inspiring), and Key Results are how you will measure progress (quantitative, specific). This combination ensures teams know both the destination and how to tell if they're getting there.

This guide provides a complete OKR template with examples at company, team, and individual levels. You'll learn the scoring methodology, common mistakes to avoid, and best practices for making OKRs work in your organization.

OKR Structure & Format

Every OKR consists of one Objective and 2-4 Key Results. Here's the structure:

Objective

A qualitative, inspiring statement describing what you want to achieve.

Characteristics of good Objectives:

  • - Qualitative (not a number)
  • - Inspiring and meaningful
  • - Time-bound (quarterly or annual)
  • - Actionable by the team
  • - Aligned with company strategy

Key Results (2-4 per Objective)

Quantitative metrics that measure how you'll know you achieved the objective.

Characteristics of good Key Results:

  • - Quantitative (measurable with a number)
  • - Include baseline and target
  • - Outcome-focused (not tasks)
  • - Achievable but stretching
  • - Within the team's influence

Real-World OKR Example

See how a product team might structure OKRs with full context, including initiatives and mid-quarter progress tracking. This example shows CloudSync (B2B File Sync SaaS)Q1 2026 OKRs for the Growth Product Team (6 people) at a Series A startup.

Growth Product Team — Q1 2026 OKRs

Week 6 of 13 | Mid-quarter check-in

O1
Aspirational

Make CloudSync the easiest enterprise file sync tool to adopt

Why: Win rate data shows we lose 40% of enterprise deals due to "complex setup." Simplifying adoption is our biggest growth lever.

KR1

Reduce enterprise trial-to-paid conversion time from 21 days to 10 days

Medium confidence

Baseline

21 days average

Current

16 days (Week 6)

Target

10 days average

Initiatives driving this KR:

Guided setup wizardSSO pre-configuration templatesDedicated onboarding Slack channel
KR2

Increase self-serve enterprise signups from 12% to 35% of total enterprise leads

High confidence

Baseline

12% self-serve

Current

22% (Week 6)

Target

35% self-serve

Initiatives driving this KR:

PLG landing pagesCredit card checkout for SMBRemove sales call requirement for <50 seats
KR3

Achieve 85%+ "Easy to set up" rating in post-onboarding survey (n>200)

Medium confidence

Baseline

62% (n=150)

Current

71% (n=180, Week 6)

Target

85%+ (n>200)

Initiatives driving this KR:

Simplified admin consoleBetter error messagesVideo tutorials

OKR Examples by Organizational Level

See how OKRs cascade from company to team to individual, with full context on why each objective matters and detailed key results with baselines and targets:

Company Level OKRAspirational

Series B SaaS company ($15M ARR) focused on growth and market expansion

O

Establish market leadership in the SMB project management space

Why this objective: Winning SMB market share is critical for Series C positioning and creates a foundation for enterprise expansion

KR1

Increase ARR from $15M to $22M (47% growth)

Baseline: $15M ARR
Target: $22M ARR

Requires 500 new customers at $14K ACV

KR2

Achieve #1 ranking on G2 for "Project Management for Small Teams"

Baseline: Currently #4
Target: #1 ranking

Focus on review volume and recency

KR3

Reduce customer acquisition cost from $3,200 to $2,400

Baseline: $3,200 CAC
Target: $2,400 CAC

Through improved organic and PLG channels

KR4

Increase Net Revenue Retention from 105% to 115%

Baseline: 105% NRR
Target: 115% NRR

Via expansion revenue and reduced churn

Product Team Level OKRAspirational

Product team of 8 (2 PMs, 4 engineers, 2 designers) supporting the core platform

O

Transform our onboarding into a competitive advantage that drives activation

Why this objective: User research shows 60% of churned users never completed onboarding—fixing this is the highest-leverage opportunity for growth

KR1

Increase Day-7 activation rate from 23% to 45%

Baseline: 23% activation
Target: 45% activation

Activation = completed first project with team

KR2

Reduce median time-to-first-value from 4.2 days to 1.5 days

Baseline: 4.2 days TTFV
Target: 1.5 days TTFV

First value = invited team member + created task

KR3

Achieve 4.5+ average rating on in-app onboarding feedback (n>500)

Baseline: 3.8 rating (n=200)
Target: 4.5+ rating (n>500)

Deploy feedback modal at onboarding completion

Individual PM Level OKRCommitted

Mid-level PM responsible for mobile experience, 2 years at company

O

Launch a mobile app that delights users and drives engagement

Why this objective: 40% of users access via mobile web; native app will improve experience and enable push notifications for engagement

KR1

Ship iOS app to App Store with 4.5+ star rating (n>100 reviews)

Baseline: No mobile app
Target: Live on App Store, 4.5+ stars

Focus on core use cases: view tasks, notifications, quick add

KR2

Achieve 15% of DAU using mobile app within 60 days of launch

Baseline: 0% (no app)
Target: 15% of DAU on mobile

Requires email campaign + in-app promotion

KR3

Mobile users show 20% higher 7-day retention vs mobile web

Baseline: Mobile web: 35% D7
Target: Mobile app: 42%+ D7

Push notifications expected to drive retention lift

KR4

Conduct 25 user interviews and synthesize into v1.1 roadmap

Baseline: 0 interviews
Target: 25 interviews + roadmap

Mix of beta users and churned mobile web users

OKR Template (Copy-Ready)

A comprehensive OKR template with alignment section, weekly check-in format, and end-of-quarter scoring. Click the copy button to use in your docs or project management tool.

OKR Planning Template

Includes alignment, tracking, scoring, and retrospective sections

# OKR Planning Document

| Field | Value |
|-------|-------|
| **Quarter** | Q[X] [Year] |
| **Team/Individual** | [Name] |
| **Last Updated** | [Date] |
| **Review Cadence** | Weekly check-ins, monthly reviews, quarterly scoring |

---

## Alignment

- **Company Objective this supports:** [Which company OKR does this ladder up to?]
- **How this contributes:** [Brief explanation of how achieving this helps the company goal]

---

## Objective 1: [Inspiring, qualitative goal statement]

| Field | Value |
|-------|-------|
| **Type** | [Committed / Aspirational] |
| **Why this matters** | [2-3 sentences on why this objective is important right now] |

### Key Result 1.1

| Field | Value |
|-------|-------|
| **Metric** | [What you're measuring] |
| **Baseline** | [Current state with date measured] |
| **Target** | [Goal state] |
| **Progress** | [Current progress - update weekly] |
| **Confidence** | [High/Medium/Low] |
| **Notes** | [Context, dependencies, risks] |

### Key Result 1.2

| Field | Value |
|-------|-------|
| **Metric** | [What you're measuring] |
| **Baseline** | [Current state] |
| **Target** | [Goal state] |
| **Progress** | [Current progress] |
| **Confidence** | [High/Medium/Low] |
| **Notes** | [Context, dependencies, risks] |

### Key Result 1.3

| Field | Value |
|-------|-------|
| **Metric** | [What you're measuring] |
| **Baseline** | [Current state] |
| **Target** | [Goal state] |
| **Progress** | [Current progress] |
| **Confidence** | [High/Medium/Low] |
| **Notes** | [Context, dependencies, risks] |

### Initiatives

> What we'll do to achieve the Key Results:

- **[Initiative 1]:** [Brief description]
- **[Initiative 2]:** [Brief description]
- **[Initiative 3]:** [Brief description]

---

## Objective 2: [Inspiring, qualitative goal statement]

| Field | Value |
|-------|-------|
| **Type** | [Committed / Aspirational] |
| **Why this matters** | [2-3 sentences on why this objective is important] |

### Key Result 2.1

| Field | Value |
|-------|-------|
| **Metric** | [What you're measuring] |
| **Baseline** | [Current state] |
| **Target** | [Goal state] |
| **Progress** | [Current progress] |
| **Confidence** | [High/Medium/Low] |
| **Notes** | [Context] |

### Key Result 2.2

| Field | Value |
|-------|-------|
| **Metric** | [What you're measuring] |
| **Baseline** | [Current state] |
| **Target** | [Goal state] |
| **Progress** | [Current progress] |
| **Confidence** | [High/Medium/Low] |
| **Notes** | [Context] |

### Initiatives

- **[Initiative 1]:** [Brief description]
- **[Initiative 2]:** [Brief description]

---

## Dependencies & Risks

| Item | Description | Mitigation Plan |
|------|-------------|-----------------|
| [Dependency/Risk 1] | [Description] | [Mitigation plan] |
| [Dependency/Risk 2] | [Description] | [Mitigation plan] |

## Resources Needed

| Resource | Status |
|----------|--------|
| [Resource 1] | [What you need and current status] |
| [Resource 2] | [What you need and current status] |

---

## Weekly Check-in Template

### Week of [Date]

**O1 Progress:** [Brief update]
- KR1.1: **[X%]** - [One line status]
- KR1.2: **[X%]** - [One line status]
- KR1.3: **[X%]** - [One line status]

**O2 Progress:** [Brief update]

**Blockers:** [Any blockers to flag]

**Help needed:** [Any asks for leadership/other teams]

---

## End-of-Quarter Scoring

### Objective 1: [Final score 0.0-1.0]

| Key Result | Score | Explanation |
|------------|-------|-------------|
| KR1.1 | [Score] | [Brief explanation] |
| KR1.2 | [Score] | [Brief explanation] |
| KR1.3 | [Score] | [Brief explanation] |

### Objective 2: [Final score 0.0-1.0]

| Key Result | Score | Explanation |
|------------|-------|-------------|
| KR2.1 | [Score] | [Brief explanation] |
| KR2.2 | [Score] | [Brief explanation] |

---

## Retrospective

### What worked well
- [Learning 1]
- [Learning 2]

### What to improve
- [Improvement 1]
- [Improvement 2]

### Carry forward to next quarter
- [Item 1]
- [Item 2]

OKR Scoring Methodology

Score each Key Result at the end of the cycle using a 0.0 to 1.0 scale. For stretch OKRs, 0.7 (70%) is considered a successful outcome.

ScoreMeaningInterpretation
1.0Fully achievedMet or exceeded all expectations
0.7Strong progressStretch goal—this is the target for ambitious OKRs
0.5Partial progressMade significant progress but fell short
0.3Limited progressSome progress but missed the mark substantially
0.0No progressFailed to make meaningful progress

Calculating Objective Score

Average the scores of all Key Results to get the Objective score. For example, if your three Key Results scored 0.8, 0.6, and 0.7, your Objective score would be 0.7 (70%).

Common OKR Mistakes to Avoid

Learn from these common pitfalls to make your OKRs more effective:

Too many OKRs

Problem

Having 10+ objectives dilutes focus and makes everything equally (un)important

Solution

Limit to 3-5 objectives per team with 2-4 key results each

Key Results that are tasks, not outcomes

Problem

"Launch feature X" is a task; it does not measure impact or success

Solution

Focus on measurable outcomes: "Increase conversion by 20% through feature X"

Setting easy, sandbagged OKRs

Problem

When OKRs affect bonuses, people set conservative goals they know they can hit

Solution

Use stretch goals (70% = success) and decouple OKRs from compensation

Objectives that are not inspiring

Problem

"Maintain current metrics" does not motivate anyone

Solution

Write objectives that describe a better future state worth striving for

Key Results without baselines

Problem

"Improve customer satisfaction" cannot be measured without a starting point

Solution

Always include current state and target: "Improve NPS from 32 to 45"

Set-and-forget OKRs

Problem

Writing OKRs at the start of quarter and never reviewing them

Solution

Check weekly, review monthly, score and retrospect quarterly

Top-down dictated OKRs

Problem

Leadership assigns OKRs without team input, reducing ownership

Solution

Company sets direction; teams propose how they will contribute

No connection between levels

Problem

Individual OKRs that do not roll up to team or company goals

Solution

Ensure clear line of sight from individual to company objectives

OKR Review Cadence

Successful OKR programs require regular check-ins, not just quarterly setting and scoring:

W

Weekly Check-ins

Brief updates on Key Result progress. What moved? What's blocked? Takes 5-10 minutes.

M

Monthly Reviews

Are we on track? Do we need to adjust tactics? Score current progress and identify risks.

Q

Quarterly Scoring

Final scores, retrospective, and setting next quarter's OKRs. What did we learn?

OKR Best Practices

Do This

  • +Start with company OKRs, then cascade down
  • +Focus on outcomes, not tasks or outputs
  • +Include baselines in every Key Result
  • +Make OKRs public for transparency
  • +Separate stretch OKRs from commitments

Avoid This

  • -Tying OKRs directly to compensation
  • -Setting more than 5 objectives per team
  • -Using tasks as Key Results
  • -Changing OKRs mid-quarter without cause
  • -Setting OKRs in isolation from team input

Frequently Asked Questions

What are OKRs?

OKRs (Objectives and Key Results) are a goal-setting framework used by organizations to define and track objectives and their outcomes. An Objective is a qualitative, inspiring goal that describes what you want to achieve. Key Results are quantitative metrics that measure progress toward the objective. OKRs were popularized by Intel and Google, and are now used by thousands of companies worldwide.

How many OKRs should a team have?

Most teams should have 3-5 objectives per cycle, with 2-4 key results per objective. Having too many OKRs dilutes focus and makes it impossible to prioritize. If everything is a priority, nothing is. Start with fewer OKRs and add more only if you have capacity. Quality over quantity—focused teams outperform scattered ones.

What is the difference between OKRs and KPIs?

KPIs (Key Performance Indicators) measure ongoing business health and are typically "business as usual" metrics that you monitor continuously. OKRs are time-bound goals for improvement or change. KPIs answer "how are we doing?" while OKRs answer "where are we going?" A KPI might be "customer satisfaction score" while an OKR might be "Improve customer satisfaction from 7.5 to 8.5 this quarter."

Should OKRs be tied to compensation?

Most OKR experts recommend against tying OKRs directly to compensation. When OKRs affect pay, people set conservative, easily achievable goals rather than ambitious stretch goals. The purpose of OKRs is to drive alignment and focus on what matters most, not to evaluate performance. Use OKRs for direction, and consider other factors for compensation decisions.

What is a good OKR score?

For stretch OKRs (the recommended type), achieving 60-70% is typically considered successful. Consistently scoring 100% means you are setting OKRs that are not ambitious enough. Consistently scoring below 40% might mean OKRs are too aggressive or there are execution issues. The Google model suggests 0.7 (70%) as the "sweet spot" for well-calibrated OKRs.

How often should OKRs be reviewed?

OKRs should be checked weekly (brief progress updates), reviewed monthly (are we on track?), and formally scored at the end of each cycle (typically quarterly). Weekly check-ins help catch problems early. Monthly reviews allow for course correction. Quarterly scoring provides a retrospective on what worked and what did not.

What is the difference between committed and aspirational OKRs?

Committed OKRs are goals the team expects to fully achieve (100%) and have planned resources for. Aspirational (stretch) OKRs are ambitious goals where achieving 60-70% would be considered success. Most organizations use a mix: some committed OKRs for essential deliverables and aspirational OKRs to drive innovation and growth. Label them clearly so expectations are aligned.

How do OKRs cascade through an organization?

Company OKRs set the overall direction, typically owned by leadership. Team OKRs align with company OKRs but focus on what the team can directly influence. Individual OKRs (if used) align with team OKRs. This creates alignment without micromanagement. Teams should have autonomy in how they contribute to company goals rather than having OKRs dictated from above.

About the Author

Aditi Chaturvedi

Aditi Chaturvedi

·Founder, Best PM Jobs

Aditi is the founder of Best PM Jobs, helping product managers find their dream roles at top tech companies. With experience in product management and recruiting, she creates resources to help PMs level up their careers.

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