It is no secret that the nonprofit sector faces unique challenges compared to organizations with for-profit models. Working for organizations and companies that are mission-based can be a rewarding experience, yet the very structure of many nonprofits (large boards of directors and multiple funders to report to) can make it quite easy to drift from the original mission. Furthermore, instability can often be the norm in many nonprofit environments due to funding sources and shifts in government administrations.
However, Objectives and Key Results (OKRs) work everywhere and are applicable to both for-profit and nonprofit models. Whether you’re driving revenue or social change, the simplicity of the OKR framework can serve as a constructive roadmap. By utilizing OKRs, nonprofit organizations and their leaders can remain aligned with their organization’s mission and charter a more strategic approach to adjust to the sector’s complexities.
Objectives are the destination and Key Results are the route. Objectives answer “What is the overall vision for the organization?” What do we define as success for this organization? What are we ultimately trying to accomplish? Objectives are often qualitative, while Key Results are quantitative.
Key Results address the “How will we get there? How will we measure success?”
Examples of OKRs for nonprofits
The following are nonprofit OKR examples to consider:
Where can I get more information?
It’s quite simple if you think ahead to achieving each of your Key Results, there would be no possible way you couldn’t have achieved your Objective as well. When it comes to Key Results, all roads should lead back to your Objective. So set ambitious goals with measurable Key Results on a quarterly basis, track them regularly and check back in with your Objective.
As mentioned before, OKRs work everywhere and can help any team stay on track keep the larger vision in focus while encouraging accountability every step of the way. Learn more about OKRs by reading Measure What Matters or exploring our FAQs, Resources, and Stories.
If you’re interested in starting our OKRs 101 course, click here.