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OKR template to optimize cloud transition expenses

public-lib · Published 7 months ago

Your OKR template

This OKR titled "Optimize cloud transition expenses" aims at managing and reducing the costs associated with transitioning to a cloud-based infrastructure. The first objective is to set up a cost-monitoring dashboard to effectively track the expenses involved in the cloud transition. This is accompanied by several initiatives including training the team, choosing suitable dashboard software and identifying key metrics.

In addition to the initial set up costs, on-premises infrastructure costs need to be reduced by 20% as a second objective. This is achieved with measures such as streamlining operations by consolidation, negotiating better vendor pricing contracts, and implementing energy-saving measures. The goal here is an efficient spend on the existing setup while transitioning to cloud.

The third objective seeks to achieve a 30% cost saving from the cloud transition itself. Initiatives under this objective include several key strategies such as identifying and eliminating redundant applications prior to cloud migration, optimizing cloud storage usage, and utilizing automated scaling for cloud resources.

Overall, this OKR is a strategic approach to manage the expenses involved in cloud transition by tracking, reducing and optimizing costs at various stages. It not only addresses the direct costs but also indirect savings from streamlining the cloud transition process.
  • ObjectiveObjectiveOptimize cloud transition expenses
  • Key ResultKRImplement a cost-monitoring dashboard to track cloud expenses
  • TaskTrain team on using the new dashboard
  • TaskChoose a suitable cost-monitoring dashboard software
  • TaskIdentify key metrics to monitor for cloud expenses
  • Key ResultKRReduce current on-premises infrastructure costs by 20%
  • TaskConsolidate redundant hardware and systems to streamline operations
  • TaskNegotiate better pricing contracts with vendors
  • TaskImplement energy-saving measures for physical infrastructure
  • Key ResultKRAchieve 30% cost savings from the cloud transition
  • TaskIdentify redundant applications prior to cloud migration
  • TaskOptimize cloud storage usage to reduce wastage
  • TaskUtilize automated scaling for cloud resources
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Step 1. Sign up for a free Tability account

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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
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Step 4. Publish your plan

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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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