7 customisable OKR examples for Business Planning Team
What are Business Planning Team 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 Planning Team 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 Planning Team OKRs with AI
While we have some examples available, it's likely that you'll have specific scenarios that aren't covered here. You can use our free AI generator below or our more complete goal-setting system to generate your own OKRs.
Our customisable Business Planning Team OKRs examples
You'll find below a list of Objectives and Key Results templates for Business Planning Team. 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 establish a successful National Archive Centre business
Establish a successful National Archive Centre business
Identify and secure a suitable location for the Archive Centre
Finalize lease or purchase agreement for chosen location
Evaluate locations based on accessibility, size, and security
Research potential locations for the Archive Centre
Secure agreement from 10+ key stakeholders by end of the quarter
Schedule individual meetings for proposal discussions
Identify and list the top 10+ key stakeholders
Draft an agreement proposal highlighting mutual benefits
Develop a comprehensive business plan with clear projected financials
Create pro forma financial statements
Research and compile essential market data
Draft detailed business strategy
2. OKRs to successfully organize 75 engaging tour groups
Successfully organize 75 engaging tour groups
Partner with 80 local businesses for food, transportation, and attraction packages
Formalize agreements and prepare package details
Identify and list potential local businesses for partnership
Develop and pitch partnership proposals to each business
Onboard and train at least 10 dedicated tour guides for improved tour quality
Carry out in-depth training for selected individuals
Interview possible candidates for tour guide positions
Assign each guide to specific tour routes
Finalize 78 diverse and engaging itineraries to attract a broad audience
Confirm all itinerary dates and destinations
Review and update activities within each itinerary
Finalize and approve all itinerary descriptions
3. OKRs to strengthen strategic alignment across all business units
Strengthen strategic alignment across all business units
Achieve 80% positive feedback on strategy understanding in anonymous post-workshop surveys
Develop clear, engaging workshop content to encourage comprehension
Follow-up with explanatory resources post-workshop
Implement interactive sessions promoting feedback and discussion
Conduct 3 alignment workshops achieving 90% attendance from all departments
Determine workshop times that don't conflict with departmental schedules
Send out clear, concise workshop invites to each department
Follow up with non-respondents to ensure maximum attendance
Develop a cross-functional team from all departments by end of month 1
Set team expectations and goal guidelines
Plan and organize initial team-building activities
Identify potential team members from each department
4. OKRs to acquire proficiency in business analysis as a beginner
Acquire proficiency in business analysis as a beginner
Execute two successful business analysis projects under supervision
Develop detailed project plans under supervisor guidance
Identify and define two suitable business analysis projects
Implement projects, ensuring objectives are met successfully
Gain feedback showing 90% satisfaction from 5 different team members on collaboration skills
Solicit feedback from each team member
Conduct an anonymous survey on collaboration skills
Review and analyze received responses
Complete four certified business analysis courses online
Dedicate regular study times and complete all coursework
Enroll in the chosen business analysis courses
Research and select four online certified business analysis courses
5. OKRs to formulate and Implement a robust Business and Product Strategy
Formulate and Implement a robust Business and Product Strategy
Implement and test product strategy with a minimum viable product in 6 weeks
Develop a prototype of the minimum viable product
Implement a detailed product strategy
Conduct rigorous testing and gather feedback
Develop a comprehensive business strategy with measurable goals within 3 weeks
Draft a comprehensive, strategic business plan
Define measurable, time-bound business goals
Research market trends and study competitors for business strategy formulation
Identify and analyse 5 key competitor business strategies within next quarter
Identify 5 main competitors in the market
Analyze each strategy's effectiveness and performance
Research and note down their business strategies
6. OKRs to streamline corporate general and administrative expenses
Streamline corporate general and administrative expenses
Slash administrative costs by 15% through process improvements
Implement automation technology for routine tasks
Conduct training on new streamlined processes
Identify inefficiencies in current administrative processes
Increase revenue to cost ratio by 20% via strategic resource allocation
Continually monitor and adjust resource allocation
Redistribute resources to maximize efficiency
Identify profitable and underutilized resources
Implement cost control mechanisms reducing overspending by 10%
Identify areas of excessive spending within current budget
Develop and implement cost control policies
Monitor and record savings from implemented policies
7. OKRs to develop an effective transformation plan to enhance business operations
Develop an effective transformation plan to enhance business operations
Design and finalize a detailed transformation plan involving at least 10 improvements
Develop detailed changes for each identified area
Identify ten areas/elements that require improvement
Validate, review and finalize the transformation plan
Implement transformation plan in 3 operational areas and achieve 15% performance improvement
Monitor, assess, and adjust strategies for continuous performance enhancement
Develop strategies to achieve 15% performance improvement in those areas
Identify three operational areas for implementation of transformation plan
Identify and analyze at least 20 areas of current business operations needing improvement
Prioritize areas based on improvement potential
Identify 20 areas in current operations requiring enhancements
Analyze each identified area's performance levels
Business Planning Team OKR best practices to boost success
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.
![Tability Insights Dashboard](https://tability-templates-v2.vercel.app/_next/static/media/tability-insights-board.e70f9466.png)
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.
![Tability Insights Dashboard](https://tability-templates-v2.vercel.app/_next/static/media/checkins-graph.b2aec458.png)
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 turn your Business Planning Team OKRs in a strategy map
The rules of OKRs are simple. Quarterly OKRs should be tracked weekly, and yearly OKRs should be tracked monthly. 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
Spreadsheets are enough to get started. Then, once you need to scale you can use a proper OKR platform to make things easier.
![A strategy map in Tability](https://tability-templates-v2.vercel.app/_next/static/media/tability_strategy_map.2ad25843.png)
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 Planning Team OKR templates
We have more templates to help you draft your team goals and OKRs.
OKRs to achieve optimal efficiency in engineering operations
OKRs to implement automation in data analysis and visualization
OKRs to enhance health, job prospects and personal relationships this summer
OKRs to boost scrum teams' self-management and goal achievement capabilities
OKRs to elevate knowledge in subject matter for team experts
OKRs to become an expert in large language models
OKRs resources
Here are a list of resources to help you adopt the Objectives and Key Results framework.
- To learn: What is the meaning of OKRs
- Blog posts: ODT Blog
- Success metrics: KPIs examples
What's next? Try Tability's goal-setting AI
You can create an iterate on your OKRs using Tability's unique goal-setting AI.
Watch the demo below, then hop on the platform for a free trial.