10 OKR examples for Business Plan

What are Business Plan OKRs?

The OKR acronym stands for Objectives and Key Results. It's a goal-setting framework that was introduced at Intel by Andy Grove in the 70s, and it became popular after John Doerr introduced it to Google in the 90s. OKRs helps teams has a shared language to set ambitious goals and track progress towards them.

Formulating strong OKRs can be a complex endeavor, particularly for first-timers. Prioritizing outcomes over projects is crucial when developing your plans.

We've tailored a list of OKRs examples for Business Plan to help you. You can look at any of the templates below to get some inspiration for your own goals.

If you want to learn more about the framework, you can read our OKR guide online.

Building your own Business Plan OKRs with AI

How to create great OKRs for any scenario in seconds

While we have some examples available, it's likely that you'll have specific scenarios that aren't covered here.

You can use Tability's AI generator to create tailored OKRs based on your specific context. Tability can turn your objective description into a fully editable OKR template -- including tips to help you refine your goals.

• 1. Go to Tability's plan editor
• 2. Click on the "Generate goals using AI" button
• 3. Use natural language to describe your goals

Tability will then use your prompt to generate a fully editable OKR template.

How to improve existing OKRs with AI feedback

If you already have existing goals, and you want to improve them. You can use Tability's AI feedback to help you.

• 1. Go to Tability's plan editor
• 2. Add your existing OKRs (you can import them from a spreadsheet)
• 3. Click on "Generate analysis"

Tability's Strategy Map makes it easy to see all your org's OKRs

Tability will scan your OKRs and offer different suggestions to improve them. This can range from a small rewrite of a statement to make it clearer to a complete rewrite of the entire OKR.

You can then decide to accept the suggestions or dismiss them if you don't agree.

Using the free OKR generator to get a quick template

If you're just looking for some quick inspiration, you can also use our free OKR generator to get a template.

Unlike with Tability, you won't be able to iterate on the templates, but this is still a great way to get started.

Our Business Plan OKRs examples

You'll find below a list of Objectives and Key Results templates for Business Plan. We also included strategic projects for each template to make it easier to understand the difference between key results and projects.

Hope you'll find this helpful!

1. OKRs to successfully launch a small business

2. OKRs to enhance the firm's business continuity plan

3. OKRs to establish a successful National Archive Centre business

4. OKRs to launch a viable startup in the tech industry

5. OKRs to successfully organize 75 engaging tour groups

6. OKRs to develop an effective transformation plan to enhance business operations

7. OKRs to acquire proficiency in business analysis as a beginner

8. OKRs to formulate and Implement a robust Business and Product Strategy

9. OKRs to enhance partnership with business for valuable audit plan fruition

10. OKRs to implement disaster recovery plan with RTO under one hour

Business Plan OKR best practices

Generally speaking, your objectives should be ambitious yet achievable, and your key results should be measurable and time-bound (using the SMART framework can be helpful). It is also recommended to list strategic initiatives under your key results, as it'll help you avoid the common mistake of listing projects in your KRs.

Here are a couple of best practices extracted from our OKR implementation guide 👇

Tip #1: Limit the number of key results

Focus can only be achieve by limiting the number of competing priorities. It is crucial that you take the time to identify where you need to move the needle, and avoid adding business-as-usual activities to your OKRs.

We recommend having 3-4 objectives, and 3-4 key results per objective. A platform like Tability can run audits on your data to help you identify the plans that have too many goals.

Tip #2: Commit to weekly OKR check-ins

Having good goals is only half the effort. You'll get significant more value from your OKRs if you commit to a weekly check-in process.

Being able to see trends for your key results will also keep yourself honest.

Tip #3: No more than 2 yellow statuses in a row

Yes, this is another tip for goal-tracking instead of goal-setting (but you'll get plenty of OKR examples above). But, once you have your goals defined, it will be your ability to keep the right sense of urgency that will make the difference.

As a rule of thumb, it's best to avoid having more than 2 yellow/at risk statuses in a row.

Make a call on the 3rd update. You should be either back on track, or off track. This sounds harsh but it's the best way to signal risks early enough to fix things.

How to track your Business Plan OKRs

OKRs without regular progress updates are just KPIs. You'll need to update progress on your OKRs every week to get the full benefits from the framework. Reviewing progress periodically has several advantages:

• It brings the goals back to the top of the mind
• It will highlight poorly set OKRs
• It will surface execution risks
• It improves transparency and accountability

Most teams should start with a spreadsheet if they're using OKRs for the first time. Then, once you get comfortable you can graduate to a proper OKRs-tracking tool.

Tability's Strategy Map makes it easy to see all your org's OKRs

If you're not yet set on a tool, you can check out the 5 best OKR tracking templates guide to find the best way to monitor progress during the quarter.

More Business Plan OKR templates

We have more templates to help you draft your team goals and OKRs.

• OKRs to improve efficiency & accuracy of invoice monitoring
  invoice-monitoringefficiency-improvementdebt-collection-officerinvoice-processing-stafffinance-teambilling-team
• OKRs to strengthen and Revitalize Marketing Department Functionality
  marketing-initiativescustomer-engagementmarketing-managerproject-managersmarketing-departmentproject-management-team
• OKRs to craft an inspiring shared company mission, vision, and core values
  communicationstakeholder-engagementcommunication-managerstakeholder-relations-officercommunications-teamstakeholder-relations-team
• OKRs to improve cost efficiency through optimal resource allocation
  cost-efficiencyresource-allocationfinancial-manageroperations-managerfinancial-teamoperations-team
• OKRs to establish a secure software development lifecycle (SDLC)
  secure-softwaresoftware-development-lifecyclesoftware-developersecurity-analystproject-manager
• OKRs to enhance and promote collaboration within the new team
  team-collaborationproject-workflow-transparencymeeting-facilitatorteam-activity-plannernew-project-teamproject-management-coordinators