OKR template to maximise utilisation of new sourcing tool for quality RFPs
The OKR titled "Maximise utilisation of new sourcing tool for quality RFPs" sets forth three major objectives. The first objective is to execute a minimum of 15 sourcing events using the new tool. Its initiatives include appropriately executing the events, planning 15 sourcing events and identifying suitable events for the tool's application.
The second objective aims at improving the quality of RFP responses by a measure of 25% compared to the preceding quarter. For achieving this, the key steps are incorporating a mandatory review process prior to RFP submission, conducting additional training in RFP creation and using feedback from past RFPs to better future submissions.
The third objective outlines the need to conduct training sessions for the team on the use of the new sourcing tool within a span of two weeks. Critical initiatives for this objective include developing an engaging, beneficial training plan, identifying crucial functionalities of the new sourcing tool and scheduling and implementing training sessions for the team efficiently.
Finally, the success of each objective is quantified with a goal of achieving 100%, involving a progression from 0.0. This means that each objective, once achieved and every initiative, once implemented, contributes to the maximisation of new sourcing tool for quality RFPs.
The second objective aims at improving the quality of RFP responses by a measure of 25% compared to the preceding quarter. For achieving this, the key steps are incorporating a mandatory review process prior to RFP submission, conducting additional training in RFP creation and using feedback from past RFPs to better future submissions.
The third objective outlines the need to conduct training sessions for the team on the use of the new sourcing tool within a span of two weeks. Critical initiatives for this objective include developing an engaging, beneficial training plan, identifying crucial functionalities of the new sourcing tool and scheduling and implementing training sessions for the team efficiently.
Finally, the success of each objective is quantified with a goal of achieving 100%, involving a progression from 0.0. This means that each objective, once achieved and every initiative, once implemented, contributes to the maximisation of new sourcing tool for quality RFPs.
Maximise utilisation of new sourcing tool for quality RFPs
Implement a minimum of 15 sourcing events using the new tool
Execute the sourcing events appropriately
Schedule and plan for 15 sourcing events
Identify suitable events for sourcing using the new tool
Achieve a 25% improvement in RFP response quality compared to last quarter
Implement mandatory review process before RFP submission
Conduct additional training on RFP creation
Utilize feedback from previous RFPs to iterate
Conduct training sessions for team on new sourcing tool within two weeks
Develop an engaging and informative training plan
Identify key functionalities of the new sourcing tool
Schedule and implement training sessions for the team