OKR Tracking

Empty boardroom after successfully tracking OKRs

Establishing Objectives and Key Results (OKRs) can benefit your company, but only if you can properly track each one. We’ll walk you through how to track your OKRs below.

Take the Workfront Goals demo

What are OKRs?

There are so many acronyms to keep track of in the corporate world, so here’s a quick definition to spare you from having to search “OKR meaning” before diving into the specifics about OKR tracking. OKR is a shared goals system used to align, engage, and connect everyone at the company around measurable business goals.

I’ve set my OKRs, now what?

Once you have your OKRs defined, make sure your information is entered into a tracking system. A work management solution with strategic planning tools like Workfront Goals makes it easy to visualize and track progress on your OKRs. You can seamlessly set and manage objectives in a single platform and measure work against those goals to determine if your work is at risk, behind, or on track.

When tracking OKRs, it’s also important to ensure everyone’s on track each week. Once your OKRs are marked complete, remember to get together to assess and discuss the results as a group.

Why it’s important to track OKRs.

Tracking OKRs is important for keeping an eye on which teams are sticking to their goals and which are falling short, and for continuously motivating your team to meet stated objectives.

How to track OKRs.

Here’s a look at how to track OKRs, followed by an OKR spreadsheet:

Example OKR spreadsheets.

It can be hard to manage OKRs in spreadsheets, but it’s not impossible. While we recommend using a solution like Workfront to help, here’s an example to get you started.

Capturing Objectives:

Time frame
Objective (where do I want to go?)
# of Key Results related to Objective
Current progress
Q1
Engage and educate employees
3
15%
Q1
Improve client satisfaction
3
25%
Q1
Grow volunteer opportunities for your team
3
60%

Capturing Key Results:

Objective
Key Results
Owner
Metric
Progress
Q1 Engage and educate employees
Interview 20 employees on how we can improve our engagement
Adam
# of employees
95%
Send a poll asking what processes employees are/aren’t familiar with
Adam
# of processes
5%
Create content for weekly training sessions with employees.
Carol
Implementation/creation
50%
Q1 Improve client satisfaction
Send client surveys indicating satisfaction with projects, teams, and timelines
Rachel
Implementation/creation
0%
Schedule calls with clients to discuss account improvements in-depth
Bryan
# of calls
60%
Define clearer processes with project managers to offer more clarity to clients
Rachel
Implementation/creation; satisfaction
20%
Q1 Grow volunteer opportunities for your team
Research team-friendly options for volunteering near your office
Linda
Implementation
100%
Email a poll of different types of volunteer opportunities and have employees rate them
Linda
Implementation/creation
10%
Create a reward system to offer incentives for volunteering more often
Bryan
Implementation/creation
5%

OKR tracking is well worth the effort.

OKRs are a great way to align your company around shared objectives and ensure it continues to grow and evolve in a positive, collaborative direction. The practice of tracking OKRs as a team can also help keep employees more invested and engaged in high-level company objectives, so they can devote their daily efforts to the work that matters most.