4 customisable OKR examples for Minimum Viable Product (mvp)
What are Minimum Viable Product (mvp) 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.
Creating impactful OKRs can be a daunting task, especially for newcomers. Shifting your focus from projects to outcomes is key to successful planning.
We have curated a selection of OKR examples specifically for Minimum Viable Product (mvp) 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 Minimum Viable Product (mvp) 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 Minimum Viable Product (mvp) OKRs examples
We've added many examples of Minimum Viable Product (mvp) 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!
1. OKRs to build and launch our minimum viable product (MVP)
Build and launch our minimum viable product (MVP)
Secure MVP launch with 100% of targeted early adopters signed up
Implement sign-up mechanism and secure all early adopter registrations
Develop a marketing strategy focused on targeted early adopters for the MVP
Finalize MVP, ensuring it meets the needs of the targeted early adopters
Complete MVP development by achieving 100% of assigned programming tasks
Prioritize and organize assigned programming tasks by their complexity
Devote dedicated daily hours to working on these assigned tasks
Regularly review and test code to ensure quality and functionality
Conduct 3 iterative tests for MVP targeting 100% bug resolution
Execute three iterative tests of MVP
Analyze testing data, identify and resolve all bugs
Develop test plan for MVP with goals of identifying bugs
2. OKRs to successfully launch challenge MVP (Minimum Viable Product)
Successfully launch challenge MVP (Minimum Viable Product)
Develop functional prototype of the MVP by engaging tech team
Assign tasks to tech team for prototype development
Define MVP specifications and requirements with relevant teams
Regularly supervise and adjust prototype progress
Validate MVP through feedback from 100 beta users
Distribute MVP to these users and gather the feedback
Identify and recruit 100 potential beta users for testing
Analyze and implement suggestions from user feedback
Achieve 70% user satisfaction rate post MVP launch
Continuously improve product based on user feedback
Enhance user support and engagement systems
Implement customer feedback surveys post-launch
3. OKRs to validate MVP's success with the target audience
Validate MVP's success with the target audience
Obtain a 70% positive feedback rate from potential customers about the MVP
Engage with customers to encourage feedback submission
Develop and implement a customer feedback system for MVP
Regularly analyze feedback and make necessary improvements
Conduct 50 customer interviews to assess their interest in our MVP
Conduct the customer interviews
Create a questionnaire to assess MVP interest
Identify 50 existing customers for the interview
Identify and address top three riskiest assumptions via weekly product testing sessions
Determine top three riskiest assumptions
Organize weekly product testing sessions
Evaluate and mitigate identified risks
4. OKRs to develop a functional and user-friendly MVP
Develop a functional and user-friendly MVP
Release MVP to a test group and achieve more than 85% satisfaction rate
Identify and organize a comprehensive, relevant test group
Develop a fully functional MVP for the specified product
Implement feedback collection and satisfaction measurement tools
Identify and prioritize the top 3 key features by interviewing 20 potential users
Conduct interviews with 20 potential users
Prepare interview questions targeting potential key features
Analyze responses to determine top 3 features
Secure commitment from a technical developer or agency for MVP development
Finalize and sign official commitment agreement
Present project details and expectations to potential developer
Identify potential technical developers or agencies
Minimum Viable Product (mvp) 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
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.
![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
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.
![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 Minimum Viable Product (mvp) OKRs in a strategy map
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
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.
![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 Minimum Viable Product (mvp) OKR templates
We have more templates to help you draft your team goals and OKRs.
OKRs to ensure compliance through complete closing of audit findings for data governance
OKRs to elevate team agility and uphold quality
OKRs to achieve A’s consistently in English class
OKRs to improve sales support operations for increased revenues
OKRs to secure 10 new request for proposals
OKRs to enhance understanding of business requirements
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.