OKR template to amplify growth and stimulate innovation

public-lib · Published 9 days ago

Your OKR template

This OKR emphasizes on magnifying growth and fostering innovation. The first objective aims to surge the net revenue by 15% through effective sales strategies, cost-saving measures, and debut of higher-margin products or services.

The second objective focuses on acquiring 5 patents for newly developed processes or technology. This will be achieved by drafting extensive patent applications, driving tech advancements, and submitting applications to patent offices.

The third objective is centered on launching two unique and innovative products. Initiatives for this include design and production processes for these products, developing distinct concepts, and preparing effective marketing strategies for their launches.

In essence, the directions of this OKR include increasing revenues, obtaining patents, and novel product launches that foster innovation and growth.

ObjectiveAmplify growth and stimulate innovation
KRIncrease net revenue by 15%
Improve sales strategies to attract more customers
Implement cost-saving measures across all departments
Introduce new, higher-margin products or services
KRObtain 5 patents for new processes or technology
Prepare detailed patent application documentation
Research and develop new technological processes or advancements
Submit applications to patent office
KRLaunch 2 new innovative products
Initiate design and production processes for new products
Develop unique concepts for two innovative products
Formulate marketing strategies for product launch

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