The Sailboat Retrospective Notion template is a tool that helps teams evaluate their project, sprint, or overall process performance. It outlines 4 steps to reflect on sprint goals, strengths, blockers, and future ambitions. The template uses the analogy of a SAILBOAT heading toward sprint goals while dealing with anchors and rocks. The template provides a dedicated space for teams to identify actionable steps for improvement, as well as a parking lot to keep the team meeting on track. Additionally, it promotes recognizing and appreciating team members' hard work and accomplishments.