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OKR template to position Nordstrom as the ultimate hub for brand discovery

public-lib · Published 6 months ago

Your OKR template

The OKR (Objective and Key Results) has the main aim of positioning Nordstrom as the foremost destination for brand discovery. The key outcomes that will define the success of this objective are three-fold. They focus on increasing customer inquiries, initiating interactive client events, and augmenting the number of brands featured on their website.

The first outcome aims at a 15% increase in customer inquiries on new brands. This will be achieved by offering special promotions, increasing social media advertisement, and enhancing SEO for new product visibility. These efforts are strategic in driving more client engagements and inquiries on new brands.

Secondly, Nordstrom intends to enhance the customer experience through interactive brand exploration events. The store plans to achieve this by designing and sharing invitations to customers, identifying suitable event venues, and developing engaging interactive activities. This innovative approach is targeted at catalyzing brand engagement and discovery.

Finally, the store plans to expand the variety of brands on its website by 20%. To achieve this, they will introduce and promote new brands on their website, identify brands that align with their customer base and quality standard, and negotiate partnership agreements for website placement. This widens the selection scope for customers and attracts those loyal to the newly introduced brands.
  • ObjectiveObjectivePosition Nordstrom as the ultimate hub for brand discovery
  • Key ResultKRAchieve 15% more customer inquiries on new brands introduced
  • TaskOffer special promotions for inquiries on new brands
  • TaskIncrease social media advertising for new brands
  • TaskImprove SEO for new products to boost visibility
  • Key ResultKRLaunch at least two customer interactive brand exploration events
  • TaskCreate and distribute invitations to customers
  • TaskIdentify suitable venues for hosting the brand exploration events
  • TaskDevelop engaging interactive activities involving the brand
  • Key ResultKRIncrease brands featured on Nordstrom website by 20%
  • TaskImplement brand introductions and promotional strategies on website
  • TaskIdentify new brands aligned with Nordstrom's customer base and quality standard
  • TaskNegotiate partnership agreements with targeted brands for website placement
Use in Tability

How to edit and track OKRs with Tability

You'll probably want to edit the examples in this post, and Tability is the perfect tool for it.

Tability is an AI-powered platform that helps teams set better goals, monitor execution, and get help to achieve their objectives faster.

With Tability you can:

  • Use AI to draft a complete set of OKRs in seconds
  • Connect your OKRs and team goals to your project
  • Automate reporting with integrations and built-in dashboard

Instead of having to copy the content of the OKR examples in a doc or spreadsheet, you can use Tability’s magic importer to start using any of the examples in this page.

The import process can be done in seconds, allowing you to edit OKRs directly in a platform that knows how to manage and track goals.

Step 1. Sign up for a free Tability account

Go tohttps://tability.app/signup and create your account (it's free!)

Step 2. Create a plan

Follow the steps after your onboarding to create your first plan, you should get to a page that looks like the picture below.

Tability Import Options

Step 3. Use the magic importer

Click on Use magic import to open up the Magic Import modal.

Now, go back to the OKR examples, and click on Copy on the example that you’d like to use.

Copy from the template

Paste the content in the text import section. Don’t worry about the formatting, Tability’s AI will be able to parse it!

Importing from text

Now, just click on Import from text and let the magic happen.

Tability editor with imported content

Once your example is in the plan editor, you will be able to:

  • Edit the objectives, key results, and tasks
  • Click on the target 0 → 100% to set better target
  • Use the tips and the AI to refine your goals

Step 4. Publish your plan

Once you’re done editing, you can publish your plan to switch to the goal-tracking mode.

Publish import

From there you will have access to all the features that will help you and your team save hours with OKR reporting.

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