5 customisable OKR examples for Product Management Skills
What are Product Management Skills 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've tailored a list of OKRs examples for Product Management Skills 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 Product Management Skills 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 Product Management Skills OKRs examples
We've added many examples of Product Management Skills 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 enhance the product management skills of our team
Enhance the product management skills of our team
Increase successful project delivery rate by 20%
Enhance communication and collaboration between teams- Implement clearer project timelines and benchmarks
- Regularly monitor and adjust project strategies
- Conduct 2 comprehensive product management workshops
- Identify and reserve suitable locations for both workshops
- Develop a comprehensive curriculum for product management
- Schedule experienced speakers to present during workshops
- Complete 5 cross-functional team projects for product management practice
- Review, document and evaluate project results
- Identify and schedule 5 cross-functional team projects
- Assign roles and oversee project execution
2. OKRs to enhance effectiveness as a product manager
- Enhance effectiveness as a product manager
- Receive positive feedback on communication and problem-solving in 80% of stakeholder interactions
- Request constructive feedback after each interaction
- Acquire communication and conflict-resolution training
- Implement specific improvements from feedback received
- Complete a communication skills course with a 90% pass rate
- Consistently study to understand all course materials
- Research and enroll in a reputable communication skills course
- Aim to achieve at least 90% in all assignments and exams
- Solve 10 complex product issues independently and efficiently
- Develop strategic solutions for each identified problem
- Implement the solutions and monitor their effectiveness
- Analyze each product issue for effective problem identification
3. OKRs to develop and strengthen effective team leadership skills
- Develop and strengthen effective team leadership skills
- Facilitate 3 team building activities to foster strong interpersonal bonds and trust
- Schedule and plan the selected team building activities
- Research diverse team building activities suitable for the team
- Conduct and oversee the team building activities
- Improve communication by creating a bi-weekly open feedback system within the team
- Introduce a bi-weekly open feedback system to the team
- Schedule consistent bi-weekly feedback sessions
- Develop a set structure for providing and receiving feedback
- Increase team productivity by 20% through effective task delegation and monitoring
- Provide regular feedback to improve team performance
- Develop a routine process for monitoring progress
- Implement a system for efficient task delegation and assignment
4. OKRs to streamline book cover creation for faster marketing and design implementation
- Streamline book cover creation for faster marketing and design implementation
- Implement new project management tools to track and expedite the design process
- Research different project management tools available
- Train staff on using the selected tool
- Choose tool that best supports design process
- Reduce design-production turnaround time by 30%
- Streamline communication between design and production teams
- Implement advanced project management tools
- Provide continuous training on efficient workflow strategies
- Increase design team efficiency by 20% via skill development workshops
- Implement regular follow-ups to ensure application of learned skills
- Arrange workshop sessions with reputable skill development educators
- Research and identify potential skill development workshops for design team
5. OKRs to improve team members' performance and productivity
- Improve team members' performance and productivity
- Improve team members' professional skills through participation in at least two relevant training courses
- Identify and research relevant training courses that align with team members' professional goals
- Facilitate team members' registration and participation in chosen training courses
- Communicate the available training courses to team members and gather their preferences
- Achieve a 90% completion rate on team projects by consistently meeting deadlines and delivering high-quality work
- Enhance team collaboration by conducting monthly cross-functional knowledge sharing sessions
- Schedule monthly cross-functional knowledge sharing sessions
- Invite team members from different departments to share their expertise
- Provide a platform for participants to collaborate, ask questions, and exchange ideas
- Increase individual productivity by 10% through time management and task prioritization
Product Management Skills 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's audit dashboard will highlight opportunities to improve OKRsTip #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's check-ins will save you hours and increase transparencyTip #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 Product Management Skills OKRs in a strategy map
Quarterly OKRs should have weekly updates to get all the benefits from the 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
We recommend using a spreadsheet for your first OKRs cycle. You'll need to get familiar with the scoring and tracking first. Then, you can scale your OKRs process by using a proper OKR-tracking tool for it.
Tability's Strategy Map makes it easy to see all your org's OKRsIf 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 Product Management Skills OKR templates
We have more templates to help you draft your team goals and OKRs.
- OKRs to implement a federated quality model successfully
- OKRs to enhance organizational performance to high-performing standards
- OKRs to increase revenue and lead generation
- OKRs to mitigate the risk associated with software maintenance
- OKRs to boost brand recognition and awareness in desired market
- OKRs to improve compliance reviews process
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.