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OKR template to boost the income of the flight training academy

public-lib · Published 5 months ago

Your OKR template

The main objective of this OKR is to increase the revenue of the flight training academy. This financial elevation can be achieved through several strategic outcomes which include: driving enrolment rates up by 20%, upselling advanced classes to existing students, and launching profitable new training packages.

To attract newcomers, strategies such as the implementation of an effective digital marketing campaign, the organization of monthly open-house events, and the design of enticing scholarship packages for new enrollees are in place. These strategies aim to showcase the benefits of training at the academy and entice potential students to enroll.

To encourage existing students to take up more advanced classes, the academy plans to identify students ready for further training, to promote benefits of these advanced classes and to offer early enrollment incentives. The intention here is to not only benefit the students with advanced training, but also to increase the income generated by the academy.

Finally, an increase in revenue is also expected to come from the launch of two new training packages. The academy plans to develop a comprehensive curriculum for these new packages, market these packages towards targeted customers and monitor and optimize sales revenue progress for the achievement of a 15% revenue increase.
  • ObjectiveObjectiveBoost the income of the flight training academy
  • Key ResultKRAttain a 20% increase in new student enrollments
  • TaskImplement a robust digital marketing campaign
  • TaskOrganize monthly open-house events for prospects
  • TaskDesign attractive scholarship packages for new enrollees
  • Key ResultKRUpsell advanced classes to 30% of existing students
  • TaskIdentify students ready for advanced classes
  • TaskPromote benefits of advanced classes to them
  • TaskOffer incentives for early enrollment
  • Key ResultKRLaunch two new training packages, resulting in a 15% revenue increase
  • TaskDevelop comprehensive curriculum for two new training packages
  • TaskMarket new packages toward targeted customer base
  • TaskMonitor and optimize sales revenue progress
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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