OKR template to achieve 9% net profit from 75 tour group services

public-lib · Published about 2 months ago

The prime objective of this OKR is aimed at achieving 9% net profit from 75 tour group services. This is broken down into major outcomes such as increasing the tour booking rate by 15% to fully utilize tour capacity, while another is to decrease operating costs by at least 10%

To achieve the desired booking rate, there is need for marketing strategies to attract more customers, improvements in the online booking system for easy navigation, and offering discounted packages for large group bookings. Such initiatives could ensure more people patronize our tour services, optimizing tour capacity.

Efficiency is key in resource management to lower operating costs. This could entail frequent evaluation and adjusting of resource usage, strategizing efficient use of resources, and putting an end to wasteful practices. Cutting costs without negotiating on service delivery could result in more net profit.

Another outcome is to improve on upselling techniques to up revenue by 5%. The focus here would be on creating appealing tour add-on packages, implementing a reward system for successful upsells, and hiring seasoned sales trainers for skills workshops. The additional revenue from add-on sales could significantly impact net profit.
  • ObjectiveAchieve 9% net profit from 75 tour group services
  • Key ResultIncrease the booking rate by 15% to ensure maximum utilization of tour capacity
  • TaskImplement strategic marketing to attract more customers
  • TaskImprove online booking system for easy navigation
  • TaskOffer discounted packages for large group bookings
  • Key ResultDecrease operating costs by at least 10% through efficient resource management
  • TaskRegularly review and adjust resource utilization
  • TaskImplement strategies for efficient use of resources
  • TaskIdentify wasteful practices in current operations
  • Key ResultImprove upselling techniques for tour add-ons to increase revenue by 5%
  • TaskDevelop relevant and appealing tour add-on packages
  • TaskImplement a reward system for successful upsells
  • TaskRecruit experienced sales trainers for skills development workshops
Try in Tability

Related OKRs examples

What's next? Try Tability's goal-setting AI

You can create an iterate on your OKRs using Tability's unique goal-setting AI.

Watch the demo below, then hop on the platform for a free trial.