14 OKR examples for Strategic Partnership
What are Strategic Partnership OKRs?
The OKR acronym stands for Objectives and Key Results. It's a goal-setting framework that was introduced at Intel by Andy Grove in the 70s, and it became popular after John Doerr introduced it to Google in the 90s. OKRs helps teams has a shared language to set ambitious goals and track progress towards them.
Crafting effective OKRs can be challenging, particularly for beginners. Emphasizing outcomes rather than projects should be the core of your planning.
We have a collection of OKRs examples for Strategic Partnership to give you some inspiration. You can use any of the templates below as a starting point for your OKRs.
If you want to learn more about the framework, you can read more about the OKR meaning online.
Best practices for managing your Strategic Partnership OKRs
Generally speaking, your objectives should be ambitious yet achievable, and your key results should be measurable and time-bound (using the SMART framework can be helpful). It is also recommended to list strategic initiatives under your key results, as it'll help you avoid the common mistake of listing projects in your KRs.
Here are a couple of best practices extracted from our OKR implementation guide 👇
Tip #1: Limit the number of key results
The #1 role of OKRs is to help you and your team focus on what really matters. Business-as-usual activities will still be happening, but you do not need to track your entire roadmap in the OKRs.
We recommend having 3-4 objectives, and 3-4 key results per objective. A platform like Tability can run audits on your data to help you identify the plans that have too many goals.
Tip #2: Commit to the weekly check-ins
Don't fall into the set-and-forget trap. It is important to adopt a weekly check-in process to get the full value of your OKRs and make your strategy agile – otherwise this is nothing more than a reporting exercise.
Being able to see trends for your key results will also keep yourself honest.
Tip #3: No more than 2 yellow statuses in a row
Yes, this is another tip for goal-tracking instead of goal-setting (but you'll get plenty of OKR examples below). But, once you have your goals defined, it will be your ability to keep the right sense of urgency that will make the difference.
As a rule of thumb, it's best to avoid having more than 2 yellow/at risk statuses in a row.
Make a call on the 3rd update. You should be either back on track, or off track. This sounds harsh but it's the best way to signal risks early enough to fix things.
Building your own Strategic Partnership OKRs with AI
While we have some examples below, it's likely that you'll have specific scenarios that aren't covered here. There are 2 options available to you.
- Use our free OKRs generator
- Use Tability, a complete platform to set and track OKRs and initiatives
- including a GPT-4 powered goal generator
Best way to track your Strategic Partnership OKRs
OKRs without regular progress updates are just KPIs. You'll need to update progress on your OKRs every week to get the full benefits from the framework. Reviewing progress periodically has several advantages:
- It brings the goals back to the top of the mind
- It will highlight poorly set OKRs
- It will surface execution risks
- It improves transparency and accountability
We recommend using a spreadsheet for your first OKRs cycle. You'll need to get familiar with the scoring and tracking first. Then, you can scale your OKRs process by using a proper OKR-tracking tool for it.
If you're not yet set on a tool, you can check out the 5 best OKR tracking templates guide to find the best way to monitor progress during the quarter.
Strategic Partnership OKRs templates
We've covered most of the things that you need to know about setting good OKRs and tracking them effectively. It's now time to give you a series of templates that you can use for inspiration!
You'll find below a list of Objectives and Key Results templates for Strategic Partnership. We also included strategic projects for each template to make it easier to understand the difference between key results and projects.
Hope you'll find this helpful!
OKRs to successfully manage strategic partnership
OKRs to strengthen strategic partnership for maximum business growth
- Strengthen strategic partnership for maximum business growth
- Increase partnership revenue by 20% through joint marketing campaigns and collaborative sales efforts
- Identify potential partners with complementary products/services for joint marketing campaigns
- Collaborate with partners to create and implement effective sales strategies and tactics
- Develop and execute a targeted marketing strategy to promote joint marketing campaigns
- Regularly analyze and evaluate the success of joint marketing campaigns and sales efforts
- Establish three new strategic partnerships with key industry players to expand market reach
- Execute and implement the partnerships, focusing on expanding market reach and achieving growth objectives
- Identify potential industry players that align with our strategic goals and market objectives
- Negotiate mutually beneficial terms and agreements with the selected strategic partners
- Initiate contact and engage in conversations to explore partnership opportunities with identified industry players
- Improve customer retention rate by 15% through enhanced partner engagement and support programs
- Launch a partner feedback survey to gather insights and identify areas for improvement
- Create a dedicated partner portal with resources to enhance collaboration and knowledge sharing
- Establish a proactive communication channel to address partner concerns and promptly resolve issues
- Implement regular training sessions and workshops for partners to strengthen their product expertise
- Achieve a 95% satisfaction rate from partners through effective communication and timely resolution of issues
- Develop a clear and concise communication plan to ensure all relevant information reaches partners
- Implement weekly check-ins with partners to address any concerns and provide updates
- Conduct periodic surveys and feedback sessions to understand partner needs and improve satisfaction
- Prioritize issue resolution by promptly addressing partner queries and providing satisfactory solutions
OKRs to enhance proficiency as a Partnership Manager
- Enhance proficiency as a Partnership Manager
- Strengthen relationship with 5 existing partners by enhancing engagement activities
- Propose and organize bi-monthly virtual events to foster interaction
- Develop more interactive and personalized communication strategies for each partner
- Implement regular partnership satisfaction surveys and feedback loops
- Close 3 new strategic collaborations to extend business network
- Draft proposals outlining mutual business benefit
- Arrange meetings to negotiate collaboration terms
- Research potential companies for strategic collaborations
- Improve partner satisfaction rate by 20% through improved communication and support tactics
- Initiate training on effective communication for support teams
- Offer personalized support for their specific needs
- Implement regular, structured communication check-ins with partners
OKRs to optimize financial operations for strategic partnerships and alliances
- Optimize financial operations for strategic partnerships and alliances
- Improve financial reporting accuracy for partnerships and alliances by 20%
- Regularly review and adjust the reporting process
- Implement robust data verification systems for financial records
- Offer refresher training on financial reporting standards
- Implement collaborative tools and processes to increase efficiency by 25%
- Research and select collaborative tools suited for our operations
- Monitor usage and productivity weekly for improvements
- Develop and deliver thorough training on chosen tools
- Reduce processing cost of partnership transactions by 15%
- Implement automated systems for streamlined partnership transactions
- Negotiate lower fee rates with third-party payment processors
- Optimize operational processes to increase transactional efficiency
OKRs to build strategic partnerships to reach new audiences and drive customer acquisition
- Expand customer acquisition through strategic partnerships
- Achieve a 20% increase in revenue from converted partnership leads
- Establish 5 new partnerships with relevant brands in our industry
- Increase website traffic by 30% through partnership-driven promotions
- Generate 100 new leads by leveraging partner networks and referrals
OKRs to successfully manage strategic partnership
- Drive strategic partnership success
- Secure 3 new strategic partnerships by leveraging network and industry connections
- Initiate contact with potential partners to gauge interest in forming a strategic partnership
- Identify potential strategic partners based on existing network and industry connections
- Present the benefits and value of a strategic partnership and negotiate terms
- Finalize agreements and establish clear communication channels for ongoing collaboration
- Maintain a customer satisfaction score of 90+ for all strategic partnership accounts
- Provide ongoing training and support to ensure customers are maximizing value from the partnership
- Regularly conduct surveys to measure customer satisfaction for all strategic partnership accounts
- Identify areas of improvement based on survey feedback and implement necessary changes
- Keep open lines of communication with strategic partnership accounts to address any concerns or issues promptly
- Increase revenue from strategic partnerships by 15% through cross-selling and upselling
- Train sales team on cross-selling techniques to effectively promote additional products/services
- Implement a referral program to incentivize existing clients to refer new customers to strategic partners
- Identify complementary products/services and develop a cross-selling strategy to upsell existing clients
- Conduct market research to identify potential strategic partners for joint marketing and sales efforts
- Achieve a renewal rate of 95% for strategic partnership contracts
OKRs to secure partnerships with strategic industry leaders to drive business growth
- Establish key partnerships to drive growth
- Identify and prioritize potential partners based on revenue and market share
- Track the success of each partnership by setting clear KPIs and regularly measuring progress
- Develop a compelling pitch deck and present to at least 10 potential partners
- Sign partnership agreements with at least 3 of the identified partners
OKRs to expand the company's market presence
- Expand the company's market presence
- Secure 15 productive meetings with potential strategic partners
- Schedule 15 productive meetings
- Identify and research 30 potential strategic partners
- Develop and execute personalized outreach strategies
- Close deals worth $1M in new business sales
- Negotiate and finalize sales contracts
- Develop and present personalized sales pitches
- Identify and reach out to potential high-value clients
- Increase lead generation rate by 25%
- Optimize website's landing page for conversions
- Improve SEO strategy for higher online visibility
- Initiate a targeted email marketing campaign
OKRs to drive business expansion through innovative strategies
- Drive business expansion through innovative strategies
- Secure two strategic partnerships for innovation collaboration
- Reach out initiating discussions for collaboration
- Negotiate and finalize partnership agreements
- Identify potential partners aligned with our innovation goals
- Increase innovation portfolio returns by at least 20%
- Expand business partnerships for diverse insights
- Invest in research and employee training programs
- Implement new technologies to optimize processes
- Develop and initiate 3 new high-impact innovative projects
- Formulate project plans detailing the execution strategy
- Initiate the projects by gathering necessary resources
- Identify potential areas for high-impact innovative projects
OKRs to enhance synergy between startup house and startup ecosystem
- Enhance synergy between startup house and startup ecosystem
- Expand network with 15 new startup ecosystem partners by end of next quarter
- Reach out with partnership proposals to potential partners
- Identify potential startup ecosystem partners for collaboration
- Follow up regularly and establish formal partnerships
- Develop and organize 4 collaborative innovation workshops for startup house members
- Coordinate logistics, including location, materials, and guest speakers
- Determine workshop topics and objectives tailored to startup house members
- Create and distribute workshop schedules, invitations and promotional materials
- Facilitate 3 successful partnerships between startup house members and ecosystem players
- Identify potential partners within startup house members and ecosystem players
- Organize introductory meetings between identified parties
- Support negotiations to formalize partnership agreements
OKRs to successful Business Launch in Africa
- Successful Business Launch in Africa
- Achieve product engagement from 10,000 unique African users
- Offer tailored user-support services in local languages
- Partner with African influencers for product endorsements
- Develop user-centered, localized marketing strategies for African markets
- Forge and establish 3 strategic local partnerships by quarter end
- Identify potential local businesses for partnership opportunities
- Arrange meetings to discuss potential collaborations
- Negotiate terms and finalize partnership agreements
- Gain a 5% market share in the chosen African region
- Establish relationships with local distribution channels for product accessibility
- Develop a targeted marketing strategy focusing on the identified local interests
- Conduct market research to understand local customer preferences and buying habits
OKRs to maximize pipeline generation from partner channels
- Maximize pipeline generation from partner channels
- Secure 5 new strategic partnerships delivering at least 20% of total leads
- Identify potential partners in the industry
- Approach and negotiate partnership agreements
- Implement and monitor partner-driven lead generation tactics
- Implement 2 joint marketing campaigns resulting in 30% increase in qualified leads
- Track and optimize campaign performance for lead generation
- Identify suitable partners for joint marketing campaigns
- Develop unique marketing strategies involving both companies
- Train 100% of partner sales teams on product portfolio to boost referral opportunities
- Schedule mandatory training sessions for partner sales teams
- Monitor and track participation until 100% completion
- Create a comprehensive training module on product portfolio
OKRs to enhance HR's strategic partnership with business units
- Enhance HR's strategic partnership with business units
- Reduce turnover rate by 15% through retention strategies
- Develop a comprehensive employee benefits and incentives program
- Implement systematic periodical employee performance reviews and promotions
- Facilitate consistent team building activities and trainings
- Improve employee engagement score by 20% through HR initiatives
- Implement regular team-building exercises and events
- Conduct workplace culture improvement workshops
- Enhance communication channels for employee feedback
- Implement 3 new HR-related business alignment projects with positive feedback
- Execute the three chosen HR business alignment projects
- Identify potential HR-related alignment projects
- Gather feedback using post-implementation surveys
OKRs to enhance partnership with business for valuable audit plan fruition
- Enhance partnership with business for valuable audit plan fruition
- Initiate 3 strategic discussions with business stakeholders to identify potential audit areas
- Prep for discussions by assessing potential audit zones
- Identify key business stakeholders for strategic discussions
- Schedule meetings with stakeholders to discuss audit areas
- Generate 5+ tangible value creation strategies born from audit insights
- Brainstorm and develop potential value creation strategies
- Evaluate and finalize top five strategies for implementation
- Identify key insights from previous audit reports
- Achieve 100% progression on the determined annual audit plan
- Determine key priorities, resources and timeframe for the annual audit
- Regularly review the audit's progress and address any issues promptly
- Ensure thorough communication with relevant personnel throughout the audit process
More Strategic Partnership OKR templates
We have more templates to help you draft your team goals and OKRs.
OKRs to boost financial performance through technological advancement OKRs to develop comprehensive RFP questions for payroll and HR solutions OKRs to enhance strategic decision-making skills OKRs to boost the volume of organic website traffic OKRs to reduce overall IT expenditure per employee OKRs to improve team effectiveness in running operations
OKRs resources
Here are a list of resources to help you adopt the Objectives and Key Results framework.
- To learn: Complete 2024 OKR cheat sheet
- Blog posts: ODT Blog
- Success metrics: KPIs examples