Wikimedia Engineering/OKR

OKR stands for Objectives and Key Results. It is a method of defining and tracking objectives and their outcomes. It is a useful and effective way to define and frame goals, and is the expected format for Wikimedia Foundation product/engineering team goals from Q4 of fiscal year 2015 onwards.

WMF Product/Engineering goals format
WMF Product/Engineering goals should be formatted as follows (feel free to copy the table):

Example
A made-up example:

OKRs in detail
What follows is a deeper dive into what 'objectives' and 'key results' are, and how they should be approached. Much of this is taken from an answer provided to a question related to OKRs on Quora.

Objectives
Objectives are goals for moving your team, the WMF, and/or Wikimedia forward. In writing the objective, you are saying "I will lead my team/the WMF/Wikimedia/etc to achieve this objective"

Objectives should be:
 * Clear and concise
 * Clearly articulate why anyone should care
 * Be memorable and sticky
 * Written in a way that any reader can understand and visualize the value
 * Exciting

Objectives should NOT be:
 * Unspecific
 * Boring
 * Too specific
 * Lacking in compelling value

Key results
Key results are measurable milestones that track progress towards your objective.

Key results should be:
 * Binary - it is either achieved or it's not; there is no in-between
 * Well-defined, concrete deliverable that proves results
 * An objectively measurable metric

Key results should not be:
 * Squishy - not totally clear if it happened, or didn't
 * Describe abstract milestones rather than specific deliverables
 * Of too small or too large a scope