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OKR template to increase financial sustainability of our non-profit organisation

public-lib · Published 5 months ago

Your OKR template

The OKR titled 'Increase financial sustainability of our non-profit organisation' focuses primarily on enhancing economic viability. It targets attaining funds enough for two years by applying for a minimum of ten grants, marking the completion of this objective at 100%.

In addition, the OKR outlines fundraising goals through corporate sponsorship and public donations. It has set a financial target of raising $50,000 through these campaigns, tracking it to completion as another 100% of this shared mission.

Part of the financial sustainability strategy also targets a decrease in operational expenses. Through cost-effective resource utilisation, the OKR aims to cut down the operational costs by 10%, posing another significant phase in achieving the organisation's overarching objective.

Every outcome has corresponding initiatives designed to facilitate its achievement. For instance, in the first outcome, initiatives include finalizing applications and researching suitable grants. The second incorporates a donation campaign and the creation of compelling sponsorship deals, while the third seeks to renegotiate supplier contracts and implement energy-saving practices.
  • ObjectiveObjectiveIncrease financial sustainability of our non-profit organisation
  • Key ResultKRSecure funds for 2 years of operation by applying to at least 10 grants
  • TaskPrepare and finalize grant applications
  • TaskResearch potential grants suitable for business operations
  • TaskSubmit applications to a minimum of 10 grant bodies
  • Key ResultKRRaise $50,000 in fundraising campaigns by targeting corporate sponsorship and public donations
  • TaskLaunch campaign to solicit public donations
  • TaskDevelop compelling sponsorship packages to attract sponsors
  • TaskIdentify potential corporate sponsors for targeted outreach
  • Key ResultKRDecrease operational expenses by 10% through cost-effective resource utilization
  • TaskRenegotiate supplier contracts for favorable terms
  • TaskImplement energy-saving practices across operations
  • TaskIdentify underutilized resources and reassign for maximum efficiency
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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