Bridging the gap between big ideas and real execution.
Every great product starts with a vision. But without a structured approach, the vision stays vision never materializing into tangible outcomes. This is famously acknowledged as a strategy execution gap. Objectives and Key Results (OKRs) connect business strategy, product execution, and engineering efforts to bridge that exact gap for a favorable business outcome.
In our recent Profit.co webinar, industry leaders shared how OKRs help teams move from strategy to execution, aligning everyone from the C-suite to the front lines of product development.
let’s break it down.
Why Business and Product Strategy Should Never Run in Silos
One of the biggest challenges in scaling product organizations is the misalignment between business and product strategy.
The problem today facing many organizations?
Consider the situation where business leaders set growth targets, while product teams often operate on feature roadmaps that may not directly align with those targets.
The result?
Wasted effort, time, money, misaligned priorities, and frustrated teams.
The OKR Solution
OKRs connect high-level business goals to daily execution, ensuring that every team’s efforts drive measurable business outcomes.
Example: If the company’s objective is to increase customer retention.
Product and engineering can align with OKRs like:
- Reduce onboarding time from 7 days to 3 days
- Increase adoption of new features from 30% to 50%
Takeaway: When business and product strategy operate in silos, growth stalls. OKRs create a single source of truth for everyone.
Don’t just check the boxes use OKRs to create real results that matter.
How do OKRs Bridge the Gap Between Strategy and Execution
“OKRs ensure that every initiative ties back to a measurable impact,” said Bala, Senior Product Leader at SolarWinds, during the webinar.
Many teams struggle with translating high-level objectives into daily work.
Don’t find customers for your products, find products for your customers.
How do OKRs Align Teams Across Different Levels and Make It Work
- Company-Level OKRs
- Product-Level OKRs
- Team-Level OKRs
Set by leadership to define big-picture business goals (e.g., revenue growth, market expansion, customer satisfaction).
Define how the product roadmap supports company OKRs (e.g., user adoption, feature engagement, retention metrics).
Engineering, design, and marketing teams define how their work contributes (e.g., improving performance, refining UX, increasing conversions).
Without OKRs, teams operate in silos, focusing on outputs (features shipped) rather than outcomes (business impact). With OKRs, everyone is aligned on why they’re building, not just what they’re building.
Tracking OKR Execution: Why JIRA and Profit.co Matter
Many product teams use JIRA, DevOps, or other task management tools. The challenge is linking tasks to high-level goals. Integrating OKRs and JIRA with a tool like Profit.co, every epic, story, and task is connected to a key result. Teams can see progress in real time. Product managers get insights on what’s driving success—and what’s not
Example:
A feature in JIRA moves from “In Progress” to “Done.” → Updates key result progress in Profit.co automatically.
Takeaway:
OKR tracking should feel natural, not like an extra process, and Seamless integration should keep teams focused.
Step-by-Step OKR Framework for Product Leaders
- Define the Big Picture: What’s the top business goal this quarter/year?
- Cascade to Product Strategy: What product outcomes drive that goal?
- Align with Engineering Execution: What initiatives help achieve these outcomes?
- Integrate with Tools: Track progress in JIRA and Profit.co.
- Review & Iterate: Run regular check-ins adapt as needed.
Example:
Objective: Increase user engagement on mobile
- KR 1: Improve app load speed from 3s to 1s
- KR 2: Increase daily active users from 20K to 50K
- KR 3: Achieve an NPS score of 45+ from 35+
OKRs keep teams focused on impact, not just output. OKRs make strategy actionable.Too often, the strategy remains disconnected from execution. OKRs solve this by aligning business goals, product priorities, and engineering work.They ensure every feature shipped tie back to growth.They keep teams focused on impact, not just busy work.They make tracking progress frictionless with tools like JIRA & Profit.co.
Some FAQs
1. Do OKRs have to be fully completed to be considered successful?
No, OKRs aren’t about hitting 100% every time. They are designed to stretch teams beyond their comfort zones. Aiming for 70-80% completion often means your goals are ambitious yet attainable. Even partially achieved OKRs can drive valuable progress and insights.
2. Are OKRs just another way to track KPIs?
No, OKRs are different from KPIs. KPIs measure ongoing performance (like revenue or churn rate), while OKRs are about driving change and improvement (like launching a new initiative or improving product adoption). OKRs inspire action and transformation, not just tracking performance.
3. Should OKRs only be ambitious, not practical?
OKRs should be ambitious but also realistic. The best OKRs challenge the team but remain achievable, ensuring engagement and motivation. Striking a balance between ambition and practicality leads to better results.
4. What’s the true purpose of OKRs?
OKRs are about alignment and progress. They help teams focus on what matters most, guide actions, and encourage learning through iteration. They’re about driving meaningful impact and progress, not perfection.
5. How can I make sure my OKRs are effective?
- Align OKRs with business outcomes.
- Make Key Results measurable.
- Set regular check-ins to review and adjust.
- Encourage cross-functional collaboration.
- Focus on progress, not perfection. Use OKRs as a learning tool.
Conclusion: Turning Strategy into Action with OKRs
At the end of the day, OKRs are about so much more than just hitting goals. They’re about driving progress, creating alignment, and most importantly inspiring your team to take action. When used effectively, OKRs connect the dots between company-wide strategies, product development, and individual contributions, ensuring everyone is working toward the same impactful outcomes.
So, whether you’re aligning your product team to the larger business strategy, iterating on your goals, or tracking your OKRs with tools like JIRA and Profit.co, remember: it’s about more than just executing tasks. It’s about driving impact, learning along the way, and ultimately achieving long-term success.