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3 OKR examples for Business Plan Strategist

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What are Business Plan Strategist OKRs?

The Objective and Key Results (OKR) framework is a simple goal-setting methodology that was introduced at Intel by Andy Grove in the 70s. It became popular after John Doerr introduced it to Google in the 90s, and it's now used by teams of all sizes to set and track ambitious goals at scale.

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 Strategist 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.

The best tools for writing perfect Business Plan Strategist OKRs

Here are 2 tools that can help you draft your OKRs in no time.

Tability AI: to generate OKRs based on a prompt

Tability AI allows you to describe your goals in a prompt, and generate a fully editable OKR template in seconds.

Watch the video below to see it in action 👇

Tability Feedback: to improve existing OKRs

You can use Tability's AI feedback to improve your OKRs if you already have existing goals.

AI feedback for OKRs in Tability

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.

Business Plan Strategist OKRs examples

You will find in the next section many different Business Plan Strategist Objectives and Key Results. We've included strategic initiatives in our templates to give you a better idea of the different between the key results (how we measure progress), and the initiatives (what we do to achieve the results).

Hope you'll find this helpful!

OKRs to establish a successful National Archive Centre business

  • ObjectiveEstablish a successful National Archive Centre business
  • KRIdentify and secure a suitable location for the Archive Centre
  • TaskFinalize lease or purchase agreement for chosen location
  • TaskEvaluate locations based on accessibility, size, and security
  • TaskResearch potential locations for the Archive Centre
  • KRSecure agreement from 10+ key stakeholders by end of the quarter
  • TaskSchedule individual meetings for proposal discussions
  • TaskIdentify and list the top 10+ key stakeholders
  • TaskDraft an agreement proposal highlighting mutual benefits
  • KRDevelop a comprehensive business plan with clear projected financials
  • TaskCreate pro forma financial statements
  • TaskResearch and compile essential market data
  • TaskDraft detailed business strategy

OKRs to formulate and Implement a robust Business and Product Strategy

  • ObjectiveFormulate and Implement a robust Business and Product Strategy
  • KRImplement and test product strategy with a minimum viable product in 6 weeks
  • TaskDevelop a prototype of the minimum viable product
  • TaskImplement a detailed product strategy
  • TaskConduct rigorous testing and gather feedback
  • KRDevelop a comprehensive business strategy with measurable goals within 3 weeks
  • TaskDraft a comprehensive, strategic business plan
  • TaskDefine measurable, time-bound business goals
  • TaskResearch market trends and study competitors for business strategy formulation
  • KRIdentify and analyse 5 key competitor business strategies within next quarter
  • TaskIdentify 5 main competitors in the market
  • TaskAnalyze each strategy's effectiveness and performance
  • TaskResearch and note down their business strategies

OKRs to penetrate new regions to boost architecture service revenue

  • ObjectivePenetrate new regions to boost architecture service revenue
  • KRDevelop a localized business strategy for the chosen geography by week six
  • TaskIdentify target market and relevant dynamics in chosen geography by week two
  • TaskConstruct localized business strategy by week four
  • TaskFinalize and review strategy for implementation by week six
  • KRIdentify and analyze 3 potential geographies for expansion within two weeks
  • TaskCompile list of potential geographic areas for expansion
  • TaskAnalyze demographic data for each potential area
  • TaskPresent findings and recommend best three locations
  • KRAchieve 10% revenue increase from new geography by the end of the quarter
  • TaskDevelop a strategic marketing plan for penetration
  • TaskIdentify high potential markets within the new geography
  • TaskImplement sales and distribution channels effectively

Business Plan Strategist 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

The #1 role of OKRs is to help you and your team focus on what really matters. Business-as-usual activities will still be happening, but you do not need to track your entire roadmap in the 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

Don't fall into the set-and-forget trap. It is important to adopt a weekly check-in process to get the full value of your OKRs and make your strategy agile – otherwise this is nothing more than a reporting exercise.

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.

Save hours with automated OKR dashboards

AI feedback for OKRs in Tability

Quarterly OKRs should have weekly updates to get all the benefits from the framework. Reviewing progress periodically has several advantages:

Most teams should start with a spreadsheet if they're using OKRs for the first time. Then, you can move to Tability to save time with automated OKR dashboards, data connectors, and actionable insights.

How to get Tability dashboards:

That's it! Tability will instantly get access to 10+ dashboards to monitor progress, visualise trends, and identify risks early.

More Business Plan Strategist OKR templates

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

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