OKR template to achieve substantial revenue increase through action-result decisions
Your OKR template
Firstly, the intention is to upturn the total client base by 30% and then increase sales volume accordingly. The initiatives to reach this objective include competitive pricing or discounts to attract new customers, a comprehensive social media marketing strategy, and leveraging customer referral programs to draw in more prospects.
Secondly, this OKR acts to devise and put to practice 10 new strategies that provide high profit margins. Execution and effectiveness monitoring, construction of new strategies based on profitable models, and identification of existing strategies providing the highest profit will be staged.
Lastly, an increase of 80% in the revenue from newly launched products or services is expected. To reach this point, sales strategies will improve based on market feedback, existing customers will experience upselling of these services, and aggressive marketing campaigns will be developed for the new products/services.
ObjectiveAchieve substantial revenue increase through action-result decisions
KRIncrease overall customer base by 30% for higher sales volume
Offer competitive pricing or discounts to attract more customers- Initiate a comprehensive social media marketing strategy
- Develop and implement customer referral programs to attract new clientele
- KRDevelop and implement 10 new high-profit margin strategies
- Implement and monitor new strategies for effectiveness
- Develop 10 new strategies based on profitable models
- Identify current strategies with the highest profit margins
- KRAchieve an 80% increase in revenue from newly launched products/services
- Improve sales strategies based on market feedback
- Upsell these products/services to existing customers
- Develop aggressive marketing campaigns for new products/services
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