OKR template to drive business expansion through innovative strategies

public-lib · Published 8 months ago

Your OKR template

This OKR aims to foster business expansion through the implementation of innovative strategies. One of the primary objectives is to secure two strategic partnerships for innovation collaboration. To accomplish this, activities such as initiating discussion for collaboration, finalizing partnership agreements, and identifying potential partners aligned with company goals are set.

The strategy also envisages boosting the innovation portfolio returns by a minimum of 20%. Expansion of business partnerships for diverse insights, investing in research and employee training, and implementing new technologies to optimize processes have been outlined as initiatives to achieve this outcome.

Another significant element is the development and initiation of three new high-impact innovative projects. This involves the formulation of detailed project plans, initiation by pooling in necessary resources, and identifying potential areas for such projects.

Success of the OKR is measured by progress from 0.0 to 100.0 in each of the outcomes. The increased partnerships, portfolio returns, and innovative projects will ensure a comprehensive expansion fueled by innovation.

ObjectiveDrive business expansion through innovative strategies
KRSecure two strategic partnerships for innovation collaboration
Reach out initiating discussions for collaboration
Negotiate and finalize partnership agreements
Identify potential partners aligned with our innovation goals
KRIncrease innovation portfolio returns by at least 20%
Expand business partnerships for diverse insights
Invest in research and employee training programs
Implement new technologies to optimize processes
KRDevelop and initiate 3 new high-impact innovative projects
Formulate project plans detailing the execution strategy
Initiate the projects by gathering necessary resources
Identify potential areas for high-impact innovative projects

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.

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