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4 OKR examples for Minimum Viable Product (mvp)

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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.

The best tools for writing perfect Minimum Viable Product (mvp) 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.

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!

OKRs to build and launch our minimum viable product (MVP)

  • ObjectiveBuild and launch our minimum viable product (MVP)
  • KRSecure MVP launch with 100% of targeted early adopters signed up
  • TaskImplement sign-up mechanism and secure all early adopter registrations
  • TaskDevelop a marketing strategy focused on targeted early adopters for the MVP
  • TaskFinalize MVP, ensuring it meets the needs of the targeted early adopters
  • KRComplete MVP development by achieving 100% of assigned programming tasks
  • TaskPrioritize and organize assigned programming tasks by their complexity
  • TaskDevote dedicated daily hours to working on these assigned tasks
  • TaskRegularly review and test code to ensure quality and functionality
  • KRConduct 3 iterative tests for MVP targeting 100% bug resolution
  • TaskExecute three iterative tests of MVP
  • TaskAnalyze testing data, identify and resolve all bugs
  • TaskDevelop test plan for MVP with goals of identifying bugs

OKRs to successfully launch challenge MVP (Minimum Viable Product)

  • ObjectiveSuccessfully launch challenge MVP (Minimum Viable Product)
  • KRDevelop functional prototype of the MVP by engaging tech team
  • TaskAssign tasks to tech team for prototype development
  • TaskDefine MVP specifications and requirements with relevant teams
  • TaskRegularly supervise and adjust prototype progress
  • KRValidate MVP through feedback from 100 beta users
  • TaskDistribute MVP to these users and gather the feedback
  • TaskIdentify and recruit 100 potential beta users for testing
  • TaskAnalyze and implement suggestions from user feedback
  • KRAchieve 70% user satisfaction rate post MVP launch
  • TaskContinuously improve product based on user feedback
  • TaskEnhance user support and engagement systems
  • TaskImplement customer feedback surveys post-launch

OKRs to validate MVP's success with the target audience

  • ObjectiveValidate MVP's success with the target audience
  • KRObtain a 70% positive feedback rate from potential customers about the MVP
  • TaskEngage with customers to encourage feedback submission
  • TaskDevelop and implement a customer feedback system for MVP
  • TaskRegularly analyze feedback and make necessary improvements
  • KRConduct 50 customer interviews to assess their interest in our MVP
  • TaskConduct the customer interviews
  • TaskCreate a questionnaire to assess MVP interest
  • TaskIdentify 50 existing customers for the interview
  • KRIdentify and address top three riskiest assumptions via weekly product testing sessions
  • TaskDetermine top three riskiest assumptions
  • TaskOrganize weekly product testing sessions
  • TaskEvaluate and mitigate identified risks

OKRs to develop a functional and user-friendly MVP

  • ObjectiveDevelop a functional and user-friendly MVP
  • KRRelease MVP to a test group and achieve more than 85% satisfaction rate
  • TaskIdentify and organize a comprehensive, relevant test group
  • TaskDevelop a fully functional MVP for the specified product
  • TaskImplement feedback collection and satisfaction measurement tools
  • KRIdentify and prioritize the top 3 key features by interviewing 20 potential users
  • TaskConduct interviews with 20 potential users
  • TaskPrepare interview questions targeting potential key features
  • TaskAnalyze responses to determine top 3 features
  • KRSecure commitment from a technical developer or agency for MVP development
  • TaskFinalize and sign official commitment agreement
  • TaskPresent project details and expectations to potential developer
  • TaskIdentify potential technical developers or agencies

Minimum Viable Product (mvp) 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.

Save hours with automated OKR dashboards

AI feedback for OKRs in Tability

Your quarterly OKRs should be tracked weekly if you want to get all the benefits of the OKRs 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 Minimum Viable Product (mvp) OKR templates

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

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