In 99% cases the answer will always be yes. Design OKR examples 10. CEO OKR OBJECTIVE: Strengthen our corporate culture Key Results: Roll out a continuous two-way feedback loop via monthly surveys 2%. Based on these conclusions, we can write our quarterly Objective: While setting Key Results, think if there are any problematic things related to your Objective. The benefits of the framework include a better focus on results that matter, increased transparency, and better (strategic) alignment. What do we need to fix or improve? Break down the 5 steps for writing good OKRs in a Marketing team. The success of an Objective is defined by Key Results (KRs). Marketing OKR examples 9. How to improve it: change it to a problem statement. Plus, a 5 step walk-through for writing OKRs that drive change. OKR Examples for Recruitment #4. Top 10 Growth OKR Examples . Check a free OKR tool Plai. Key Result 2. Key Result 3. Focusing on outcomes (as opposed to to-do lists) is a productivity life-hack and the greatest advantage of the OKR methodology. OKR Examples for Compensation and Benefits What has been working in the past, and can you double down on that effect? KR 3: Increase customer conversation rate to XX%. Company OKR examples 3. OKR Example: User research | OKR Framework Improve user research procedures Objective Key Results Increase user interview cadence to reach 5 monthly interviews How to achieve this OKR Most people who try OKRs fail. KR2 95% completion rate of "closed tickets" by team members within 30 days of hire. Besides setting the OKR, the sales team should also think about the main things they can do to achieve the results above. In order to determine the answer to that question, the team has to put their heads together and have a discussion that could go like this: Answer: We have a lot of overdue payments (causing contractual penalties) and late financial reports although we are always busy and always in a rush. Key result (KR) Example: It quantifies the OKR's objective and breaks it into specific metrics that can be used to measure the achievement of the Objectives. What are the best practices involved & how do you know if a certain KR is better than the other one. The goal of this objective is to get better testing results. With these two questions, the team should approach writing the Key Results for their Objective. How to improve it: define what every word really means. New hires spend 30 hours on training in the first two weeks. OKR examples: Company, sales, marketing, HR, and product OKRs Jenny Coppola / September 7th, 2022 Looking for a treasure trove of OKR examples? 2023 ClickUp | Security | Your Privacy | Terms. Leaders of various departments, teams and roles can use our examples as a springboard into a team OKR brainstorming session. Why are we not the best yet? and come up with 3 improvements, KR2: Benchmark everything related to product to 10 key competitors, KR3: Get 100 customers survey responses on their thoughts on where we need to be better, KR4: Create an list of 3 company-wide improvement areas. Improvement work is extremely important, and if you dont find the time for it, your business will suffer the consequences. OKRs (Objectives and Key Results) helps in goal alignment and increase collaboration and productivity. OKRsone of the most popular goal management methodologies used by companies like Google, Netflix, and Twitter is the secret sauce to creating alignment around measurable goals and objectives in an organization. For your convenience, we've divided them up into categories. Objective: Increase revenue by 30 . Here are a few places to mention OKRs: A project management tool is a valuable asset to merge alignment, accountability, and engagement in one place. The team can measure if the clarity is achieved with the following Key Result: KR2: Reduce the % of resolved tasks being reopened by the owner for further iterations from 80% to 10%. But there's hope. Individual OKR examples Objective: Shock my boss with productivity Key results: Increase weekly production by 15% Implement email organizational system Delegate 50% of administrative tasks to administrative team Objective: Contribute meaningfully to the company Key results: Respond to bi-monthly employee surveys Launch charitable giving campaign Examples of OKRs for Operations. For project managers, OKRs (Objectives and Key Results) are ripe benefits. Project Management OKR Examples. What are the right objectives to focus on? Help these teams to decompose what they do into repeatable steps and then find metrics (and key results) which demonstrate that their day-to-day capabilities are improving. With real-world examples from our OKR experts. This takes many shapes, so it's easier to describe with an example. And why is it important to implement? To answer these questions we created this database of example OKRs so you can get started and write your own company, department, or team OKRs. Improve test metrics and setup crash monitoring. Action-oriented and concrete Few in number, think 5 or less Some examples of objectives: Increase international customer base Increase recurring revenue Scale system performance Foster a more inclusive company culture Improve cross-team communication "OKRs are really ambitious. 5 0 3. KR 2: Increase customer retention by xx%. Lets imagine that you run an HR team in a company with a lot of issues in cross-functional communication. OBJECTIVE: Grow our corporate global business, OBJECTIVE: Build a great corporate culture (delight our employees), OBJECTIVE: Launch the new product successfully in Q1, OBJECTIVE: Generate more Marketing Qualified Leads (MQLs), OBJECTIVE: Optimize our customer acquisition, OBJECTIVE: Implement Account Based Marketing (ABM), OBJECTIVE: Improve Our Website and Grow Conversions. Setting OKRs may seem simple: you come up with an inspiring Objective, write measurable Key Results and start executing right away. Objective 2: Relaunch the company blog. Or can the team come up with something totally new and achieve better results through innovation? When looking to set OKRs (objectives and key results), it's understandable to want examples to spark inspirationor at least compare with others to see if you're stretching enough.For how to write OKRs, the actual formula is simple: Objectives are goals and intents, while Key Results are time-bound and measurable milestones under these goals and intents. KR 1: Increase the market share from xx to yy%. Key Result 1. Good OKRs keep the team focused on the most important priorities and spark engaging conversations every week. This is causing issues with outstanding payments being delayed, and one way to change the situation is to improve the procedure that team managers are following to submit their payment requests. $2500 $7500 $3526.86. Waitarent key results the same as tasks? Key Results. OKRs bring a proactive, goal-centered focus to the customer success team, helping drive outcomes ahead of the ever-shifting demands of the customer. The first KR can be more output-oriented, like " Create design brief by Q1 FY 2017-18 that matches with 90% requirements of customer's expectations ". SEO (Search Engine Optimization) OKR examples Objective: Increase SEO ranking Key results: - Increase domain authority (DA) from 50 to 70 - Increase the number of backlinks from 1,000 to 2,000 - Increase monthly organic traffic from 30,000 to 60,000 - Keep the visitor to lead (organic) conversion rate at 3% Objective: Improve website engagement The quick guide to using OKR examples 2. Key Results. They're things that are not easy to achieve. With real-world examples from our OKR experts. Do we need to try something that we havent tried before? A trick to help differentiate a key result and task is to remember: Now we know the distinction between an objective, key result, and task, lets dive into the writing tips! Third of all, the finance team would want to focus on making the payment confirmation process easier so that applications can reach the finance department faster from the moment when team managers submit them. ClickUp Goals (made public or private) can be used to track any measurable achievement. 1. Executive Office Operations OKR Examples Grow and align the entire organization through monthly company meetings Create 5-7 monthly topics for high-level transparency Collect 10-15 post-meeting surveys for evaluation Increase participation rate from 70% to 90% Bonus: See how Spekit uses ClickUp to track quarterly OKRs! Companies want to achieve 100% of their committed OKRs. KR1: Improve conversion % from "trial" to "paid" from 20% to 35%. There are a few preparation steps the team needs to take to answer that question: A proper team discussion might take a week or two but you should put all of your ideas in writing, ask each other clarifying questions, and try to agree on a hypothesis that your entire team believes to be the most promising one. Break down the 5 steps for writing good OKRs in a Sales team. With real-world examples from our OKR experts. See more Marketing OKR examples in Weekdone, See more Product OKR examples in Weekdone, See more Administrative OKR examples in Weekdone, See more Engineering OKR examples in Weekdone, See more Finance OKR examples in Weekdone, See more Support OKR examples in Weekdone, Create a straightforward description of the different expense types and add the selection to the payment request form, Create a presentation about handling receipts, bills, invoices and similar forms of primary documentation, Create a leaderboard for TMs who bring documents on time, Develop and present a new weekly budget request procedure, Organize a payment confirmation process that requires no more than 3 parties involved. 21% 10% 19%. Often they need to check if the contractor is already in the system, and reach out to the team managers to ask what kind of service the third party has provided. OKR Templates; OKR Examples; OKR Checklist; OKR Software; OKR COURSES / PROGRAM. The OKRs methodology is a system for setting, cascading and communicating goals throughout your company. Reduce occurrences of data breaches to 100%. How can they measure if they are delivering amazing user experience? If that doesnt help, we will keep looking for solutions to improve the quality of communication. In this section, we have gathered 100's of real-world OKR examples. Sara, the CEO of Company X, decides that she will "own" this OKR, since she has the most experience working with venture capital (VC) firms. (If everyone answers differently, this means the objective is not aligning). KEY RESULT: Maintain a sales pipeline of qualified leads valued at least $500K quarterly. If your projects are product-based, you can use the following OKRs: Objective - successfully launch a beta version of the product. OKR Foundation; We have many email templates that we use to communicate with potential customers. OBJECTIVE: Launch the new monthly newsletter successfully. To drive the progress on these OKRs, the team will need to consider which Initiatives they will prioritize and complete and how these Initiatives will link to the OKRs. Key Results: Create the content strategy and the topics for the next 4 months. Aim for quarterly instead of annual objectives to manage targets easier, Encourage your teams to send you their prioritized list of problems and issues, Does the written objective leave no room for interpretation? Less time spent on routine duties means more time spent on strategic initiatives. The first step towards writing good HR OKRs could be either a company-wide survey or internal HR team discussion. And this is where HR professionals step in. Now lets say, weve had a run at those questions, and here are the answers: When you are drafting an Objective, start by defining a problem you want to solve, and then try to phrase your highest impact idea. Unfortunately, company jargon excludes people that dont have the resources to decode, and its not productive (or fair!) With the Key Results set, the finance team can now brainstorm possible Initiatives that will move the needle on the OKRs: When the team OKR is agreed upon, drafted, and aligned with the company Objective, here is what finance OKR example looks like: Add this finance OKR example directly into your Weekdone account. Read on to find out more about OKRs and take a look at some of the . Product Management OKR examples 4. 60% of guests enrolled in real-time texting service to enhance online ordering experience. Become an Expert in implementing OKRs. You break down ameasurableobjectiveintosimpleresults that help you quicklydetermineif you achieved theobjectiveor not. Let's look at another example of OKRs. KR3: Reach 8/10 average score on customer satisfaction survey with at least 100 responses. 2. Find more sales OKR examples in our guide. We've assembled 20 road-tested OKRs that can inspire you as you implement an OKR framework within your business. Project managers are great at writing project plan which in turn help them to write Project Management OKRs. Each key result is time-bound, specific, and includes a number, The teams should design and write the key resultsnot senior leadership. redundant & time-consuming back-and-forth communication between Compliance and Business Development that could be fixed by proper internal documentation. The difference between OKR and Scrum is like the difference between a part and a whole Objectives and Key Results provide a larger framework, and Scrum is mostly focused on micro-management. Try Weekdone OKR Tool Company Customer Service Design Finance HR Marketing Product Project Management Sales Tech OKR Software for SMBs Easily synchronize activities that drive your OKRs forward. Get more paying customers. Cultural changes are hard to measure but we always know when there are internal tensions or inefficient processes. About Us; . Reduce the ratio of disputed invoices to total invoices from 21% to 10%. OKR examples categorized by job positions & teams. These cookies do not store any personal information. Need a simple and free tool for your team to track OKRs? The response rate is really low. Q4-2021 Training/Research Hours. If you have a task success rate of 70%, increasing it to 90% will be an improvement in user experience. Key result one: Record $25,000 in sales during the launch month of a new product. Bonus: See how Spekit uses ClickUp to track quarterly OKRs! Take a course on Google Analytics, and learn how to read reports. When everything is a priority, nothing is. You'll need 3 key things to have a much better shot at achieving this and your other OKRs. A1: We need to explain how financial reporting should work to reduce overhead for the team managers and make sure that we can process all documents on time. Objective 1: Successfully launch version 3 of our product Key Result 1: Increase follower count on Instagram and TikTok from 6,000 to 10,000 These 20 examples should spark your growth team's interest in working with the OKR methodology. The go-to solution would be to categorize expenses in the payment request so that team managers could provide all of the necessary information from the beginning. Achieving this OKR is far from easy and requires way . Objective 1: Increase the efficiency of operations KR 1: Reduce average task completion time by 25% KR 2: Increase overall customer satisfaction ratings by 50% Objective 2: Streamline communication within the operations team KR 1: Implement a new project management tool and train all team members on its use Key results. And when youre able tofocuson theobjective, you can fullycommitto it. Diversity, Inclusion & Belonging OKR Examples. But writing OKRs is no biggie you just need to identify an objective, its key results and the initiatives youll take to achieve them. So the first Key Result must indicate the change in categorizing expenses as a part of the new payment request procedure: KR1: >80% of invoices are categorized by expense type before they come to the finance department. For example, for this particular HR Objective you can start with improving communication: You need to create a habit of open communication every week so that both teams start relying on each other more and feeling more like being in the same boat. Try in Mooncamp. Design a draft and get approval from client Q2 FY 2017-18. Key result 2: Conduct monthly pulse surveys to gauge employee sentiment. Engineering OKR examples 7. However, you have to back it with measurable results. Choose a related job position from the group below: Recruitment Manger This is a cascading approach togoal setting. Customer Success OKR examples 8. Present research findings on interesting OKR themes to write about. Increase the number of subscribers from 2,000 to 10,000. So, in the team discussion, it became obvious that team managers are struggling when submitting payment requests to the financial department, and its not clear to them how invoices and receipts should be handled. Great OKR examples for different departments: Leadership Customer Success Sales Marketing IT Teams SEO and many more Explore here! Key Result: Increase avg. Roll out a continuous two-way feedback loop via monthly surveys 2 % time-consuming back-and-forth communication between Compliance business. Between Compliance and business Development that could be fixed by proper internal.. Suffer the consequences ; closed tickets & quot ; closed tickets & quot ; by team members 30. 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