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tability.ioWhat are Executive 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 Executive 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.
Executive Team OKRs examples
We've added many examples of Executive Team Objectives and Key Results, but we did not stop there. Understanding the difference between OKRs and projects is important, so we also added examples of strategic initiatives that relate to the OKRs.
Hope you'll find this helpful!
OKRs to boost slurry pump and its spare parts sales
- ObjectiveBoost slurry pump and its spare parts sales
- KRClose deals with at least three new major industrial clients
- Identify and research potential major industrial clients
- Execute targeted presentations for potential clients
- Negotiate and finalize contracts with three clients
- KRAchieve a 15% increase in sales leads through targeted marketing campaigns
- Implement email marketing to potential leads
- Identify target audience for optimized marketing efforts
- Initiate focused social media advertisement campaigns
- KRUpsell spare parts to 20% of existing slurry pump customers
- Identify potential upselling opportunities in current customer base
- Initiate contact with targeted customers
- Develop sales pitch specifically for spare parts
OKRs to enhance effectiveness of CEO Executive Assistant role
- ObjectiveEnhance effectiveness of CEO Executive Assistant role
- KRReduce executive assistant's administrative and non-essential tasks by 20%
- Implement automation tools for scheduling and email management
- Train in using productivity apps for task management
- Delegate less important tasks to junior staff
- KRImplement job-specific training for Executive Assistants within two weeks
- Identify necessary skill sets for Executive Assistants
- Schedule and execute training sessions
- Develop a job-specific training program
- KRIncrease executive assistant's CEO-directed task completion rate by 30%
- Set clear goals and deadlines for assigned tasks
- Provide tools for efficient time management
- Prioritize tasks based on their importance and urgency
OKRs to boost efficiency, unify team, and grow account base
- ObjectiveBoost efficiency, unify team, and grow account base
- KRIncrease productivity rates by 25% through process optimization
- Implement new technologies for process automation
- Identify inefficiencies in current work processes
- Train staff in optimized work methodologies
- KRFoster team collaboration resulting in 15% improvement in project completion rates
- Assign collaborative tasks to increase interdependence and communication
- Establish a systematic approach to project management
- Implement regular team building exercises and workshops
- KRAcquire 30 new accounts through targeted marketing strategies
- Follow up and close on leads
- Identify potential clients through market research
- Develop and implement targeted marketing campaign
OKRs to boost CEO's efficiency and effectiveness
- ObjectiveBoost CEO's efficiency and effectiveness
- KRImplement a new time management tool and increase its usage to 100%
- Monitor and encourage regular usage
- Research and choose an efficient time management tool
- Train employees on its usage and benefits
- KRDelegate 20% more tasks to improve time for strategic objectives
- Review current task allocation among team members
- Identify suitable tasks for delegation
- Train staff for new tasks
- KRReduce unnecessary meeting times by 25% to increase focus time
- Eliminate redundant or non-essential meetings
- Encourage email updates instead of meetings
- Implement a strict time limit for each meeting
OKRs to establish new, attractive OKR Consultancy firm for businesses
- ObjectiveEstablish new, attractive OKR Consultancy firm for businesses
- KRGenerate a minimum of $50,000 in revenue within the first quarter of operations
- Secure partnerships with high-return clients
- Implement effective marketing and sales strategies
- Develop a comprehensive business plan highlighting revenue targets
- KRIdentify and target 150 potential clients within the medium to large businesses sector
- Research and compile a list of 150 medium to large businesses
- Develop a custom pitch for each potential client
- Initiate contact with these businesses via email
- KRSecure 10 successful contracts with businesses seeking OKR consultancy services
- Develop and present customized consultancy proposals to businesses
- Identify potential businesses seeking OKR consultancy services
- Conduct follow-ups to secure contracts
OKRs to secure a new project contract with a new client
- ObjectiveSecure a new project contract with a new client
- KRIdentify and establish contact with 50 potential new clients within the industry
- Research to compile a list of 50 potential clients within the industry
- Send emails to identified potential clients
- Draft a personalized introductory email to establish contact
- KRSubmit high-quality proposals to at least 20 new prospective clients
- Develop robust, customized proposals for each client
- Submit the proposals and follow up promptly
- Identify 20 potential new clients and research their needs
- KRSuccessfully negotiate and finalize at least one contract with a new client
- Identify and research potential new clients
- Craft and send personalized business proposals
- Arrange negotiation meetings to finalize contract
OKRs to ensure adequate development of a proficient Project Executive in AI tech
- ObjectiveEnsure adequate development of a proficient Project Executive in AI tech
- KRAchieve a 90% score on project management competency by the newbie
- Study essential principles of project management
- Implement feedback from mentorship sessions
- Complete practice tests and analyze results
- KRConduct 3 relevant job-specific training sessions for core AI tech concepts
- Develop engaging, informative training sessions
- Identify core AI tech concepts necessary for job roles
- Schedule and execute 3 job-specific AI training sessions
- KRComplete 2 shadow projects under the supervision of senior executives
- Identify 2 senior executives to oversee shadow projects
- Define goals and timeline for both projects
- Begin work on shadow projects under supervision
OKRs to gain comprehensive insights about customer needs
- ObjectiveGain comprehensive insights about customer needs
- KRAnalyze data from 200 survey responses for quantitative insights
- Use software tools to distill quantitative insights
- Identify numerical data for statistical analysis
- Compile and organize all survey responses in a spreadsheet
- KRConduct at least 50 individual customer interviews for qualitative understanding
- Develop a questionnaire for qualitative feedback
- Conduct and record individual customer interviews
- Identify a list of 50 customers for interviews
- KRDevelop and present a detailed customer needs report to share insights
- Research and gather data on customer behavior and demands
- Create a compelling presentation detailing customer insights
- Analyze data to identify main customer needs and trends
OKRs to increase client satisfaction and loyalty
- ObjectiveIncrease client satisfaction and loyalty
- KRImprove client retention rate by 15%
- Implement a client feedback and resolution system
- Increase the frequency of client contact
- Develop a loyalty rewards program
- KRAchieve an average customer satisfaction rating of 90% or above
- Train employees in customer service excellence
- Implement feedback-driven improvements promptly
- Conduct consistent customer satisfaction surveys
- KRReduce client complaints by at least 30% compared to previous period
- Implement more rigorous quality control checks on all services
- Regularly gather and analyze customer feedback
- Conduct comprehensive staff training on customer service
OKRs to achieve stable and high-performance system operation with minimal speed complaints
- ObjectiveAchieve stable and high-performance system operation with minimal speed complaints
- KRImprove server response time by 30% to combat complaints about slowness
- Upgrade server hardware to increase capacity
- Optimize existing code for better server performance
- Implement a server caching strategy
- KRSuccessfully close 90% of speed-related complaints within a two-day turnover
- KRDecrease system downtime by 25% ensuring continuous operations
- Train staff in rapid troubleshooting techniques
- Implement a routine preventive maintenance schedule
- Invest in resilient, fail-safe infrastructure
How to write your own Executive Team OKRs
1. Get tailored OKRs with an AI
You'll find some examples below, but it's likely that you have very specific needs that won't be covered.
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.
Watch the video below to see it in action 👇
Option 2. Optimise existing OKRs with Tability Feedback tool
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 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.
Option 3. Use the free OKR generator
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.
Executive Team 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
Having too many OKRs is the #1 mistake that teams make when adopting the framework. The problem with tracking too many competing goals is that it will be hard for your team to know what really matters.
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
Setting good goals can be challenging, but without regular check-ins, your team will struggle to make progress. We recommend that you track your OKRs weekly to get the full benefits from the framework.
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 Executive Team OKRs
Your quarterly OKRs should be tracked weekly in order to get all the benefits of the OKRs 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
Spreadsheets are enough to get started. Then, once you need to scale you can use a proper OKR platform to make things easier.
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 Executive Team OKR templates
We have more templates to help you draft your team goals and OKRs.