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OKR template to strengthen revenue streams for Flying Training Academy

public-lib · Published 5 months ago

Your OKR template

The OKR titled "Strengthen revenue streams for Flying Training Academy" emphasizes the financial betterment of the institution through varied strategies. It details efforts to increase enrollment rates, improve completion percentages, and boost fiscal gains via cross-selling and upselling.

To generate 20% more revenue through upselling and cross-selling, the academy will employ targeted sales strategies. This reflects a shift towards a proactive sales approach aiming to capture the existing students' or clients' interest in the academy's other offerings.

One crucial objective is to raise the enrollment rate by 25%. Steps towards this target involve strengthening outreach programs using open-house events or webinars, executing a strong marketing strategy aimed at potential students, and offering incentives like discounts or scholarships to new students.

The final outcome is intended to enhance the course completion rate by 15%. Initiatives to fulfill this involve incorporating interactive activities within the syllabus, ensuring personalized follow-ups on student's progress, and consistently accruing and applying student feedback to improve the course structure.
  • ObjectiveObjectiveStrengthen revenue streams for Flying Training Academy
  • Key ResultKRGenerate 20% more upsell and cross-sell revenue via targeted sales strategies
  • Key ResultKRIncrease enrollment rates by 25%
  • TaskStrengthen outreach programs through open-house events or webinars
  • TaskImplement a compelling marketing strategy targeting potential enrollees
  • TaskOffer exclusive discounts or scholarships to new enrollees
  • Key ResultKRBoost course completion rate by 15% through improved student engagement
  • TaskImplement interactive activities within the coursework layout
  • TaskConduct personalized follow-ups on student progress
  • TaskRegularly gather and apply student feedback on course structure
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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