OKR template to enhance communication with general contractors for increased project awards

public-lib · Published 2 months ago

The OKR seeks to enhance communication with general contractors, with an expected effect of increased project awards. Initiatives such as following up on previously sent quote requests every week, weekly inquiries on contractor forums or job boards, and reaching out daily to new general contractors are launched to secure more quotes.

Another objective is to raise the project award rate by 30% over the next quarter. Actions including regular tracking and analysis of negotiation outcomes and establishing strong, equitable negotiation strategies are being adopted. Furthermore, team members are to be trained in effective negotiation techniques.

Also, there is an expectation to maintain a 90% rate on timely, accurate responses to contractor inquiries. To achieve this, initiatives such as the conduct of regular accuracy evaluations of responses, implementation of a contractor inquiry tracking system, and scheduling dedicated time for responding to queries are in place.

In overall, this OKR demonstrates a strategic and determined effort to enhance communications, ensuring not only an increase in project awards but equally important, fostering healthier relationships with contractors through output quality and response effectiveness.
  • ObjectiveEnhance communication with general contractors for increased project awards
  • Key ResultSecure at least 10 more submittal quotes from general contractors each week
  • TaskFollow up on previously sent quote requests every week
  • TaskPost weekly inquiries on general contractor forums or job boards
  • TaskReach out daily to at least two new general contractors for quotes
  • Key ResultRaise project award rate by 30% over the next quarter through effective negotiation
  • TaskTrack and analyze negotiation outcomes regularly
  • TaskEstablish robust, fair negotiation strategies and practices
  • TaskTrain team members on effective negotiation techniques
  • Key ResultMaintain a 90% rate on timely, accurate responses to contractor inquiries
  • TaskConduct regular response accuracy evaluations
  • TaskImplement a tracking system for contractor inquiries
  • TaskSchedule daily dedicated time for query responses
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