OKR template to establish a buoyant Corporate Venture Capital department
Your OKR template
The second objective involves securing a minimum of three new business deals via the CVC department. This requires identifying potential clients, initiating conversations, presenting the service/product effectively, and closing a minimum of three deals after negotiations.
Another primary objective of the OKR is identifying and training a team of five dedicated Corporate Venture (CV) personnel. The training needs to be intensive and effort should be made to keep track of each team member’s progress and effectiveness.
Overall, this OKR indicates the goal of building a solid foundation for a CVC department within an organization. It involves forging strategic partnerships, increasing deal flow and client base and developing a dedicated team of trained CV professionals efficient in making deals.
ObjectiveEstablish a buoyant Corporate Venture Capital department
KREstablish partnerships with 2 major corporate venture organizations
Draft and send partnership proposal to the organizations- Arrange and conduct meetings with organization representatives
- Identify potential corporate venture organizations for partnership
- KRSecure a minimum of 3 new deals through the department
- Present product/service compellingly to potential clients
- Negotiate and close a minimum of 3 deals
- Identify potential clients and initiate conversations
- KRIdentify and train a dedicated team of 5 CV personnel
- Monitor and assess each team member's progress and effectiveness
- Schedule and conduct intensive CV training for selected personnel
- Determine suitable candidates within the organization for CV training
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.
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.
Paste the content in the text import section. Don’t worry about the formatting, Tability’s AI will be able to parse it!
Now, just click on Import from text and let the magic happen.
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.
From there you will have access to all the features that will help you and your team save hours with OKR reporting.
- 10+ built-in dashboards to visualise progress on your goals
- Weekly reminders, data connectors, and smart notifications
- 9 views to map OKRs to strategic projects
- Strategy map to align teams at scale