2 customisable OKR examples for Competitiveness
What are Competitiveness 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.
Writing good OKRs can be hard, especially if it's your first time doing it. You'll need to center the focus of your plans around outcomes instead of projects.
We have curated a selection of OKR examples specifically for Competitiveness to assist you. Feel free to explore the templates below for inspiration in setting your own goals.
If you want to learn more about the framework, you can read our OKR guide online.
Building your own Competitiveness 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 Competitiveness OKRs examples
You will find in the next section many different Competitiveness 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!
1. OKRs to enhance our data leak protection solution's market competitiveness
Enhance our data leak protection solution's market competitiveness
Decrease system response time by 25% for improved user experience
Optimize the backend code for better efficiency
Upgrade to faster servers or databases
Implement effective caching strategies for data retrieval
Increase software detection accuracy rate by 20% through advanced algorithms
Implement and test chosen algorithm in software
Research and study advanced algorithm patterns
Analyze data for improvements, refine as necessary
Train customer service team to improve client satisfaction scores by 15%
Incorporate feedback skills improvement in team meetings
Implement comprehensive customer service training program
Establish regular client satisfaction assessments
2. OKRs to enhance competitiveness in compensation and benefits program
Enhance competitiveness in compensation and benefits program
Implement 3 new competitive benefits proposed by employees after survey
Review employee survey results for new benefit suggestions
Announce and roll out new benefits to employees
Develop and cost implementation plan for proposed benefits
Conduct benchmarking study against 10 industry leading companies in compensation and benefits
Compare and analyze collected data against our company's system
Identify 10 industry-leading companies with top compensation/benefits packages
Gather data on these companies' compensation/benefits
Achieve 10% decrease in employee turnover tied to compensation issues
Implement competitive salary matching based on industry standards
Establish transparent, merit-based pay raises and promotions
Conduct an internal survey to identify compensation dissatisfaction
Competitiveness 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
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.
![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
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.
![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 Competitiveness 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 Competitiveness OKR templates
We have more templates to help you draft your team goals and OKRs.
OKRs to increase account expansion by securing contract renewals for 90% of existing clients
OKRs to boost the income of the flight training academy
OKRs to increase the number of sales meetings
OKRs to sustain at least a grade B or C in my academic performance
OKRs to enhance patient adherence to clinic appointments
OKRs to streamline Inbound Procedures for Warehouse Efficiency
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.