4 customisable OKR examples for Prototype Development Team
What are Prototype Development 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.
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 Prototype Development 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.
Building your own Prototype Development Team 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 Prototype Development Team OKRs examples
You'll find below a list of Objectives and Key Results templates for Prototype Development Team. We also included strategic projects for each template to make it easier to understand the difference between key results and projects.
Hope you'll find this helpful!
1. OKRs to craft a compelling and successful business case
Craft a compelling and successful business case
Conduct detailed market and competitor analysis by end of Week 4
Analyze market trends and customer preferences
Gather data on competitor strategy and performance
Identify key competitors in the market
Gather and incorporate feedback from 5 industry experts by end of Week 12
Collect and analyze received feedback
Implement relevant feedback into operations
Identify and reach out to 5 industry experts for feedback
Develop a clear, attainable business case prototype by end of Week 8
Review and finalize the prototype by end of Week 8
Assemble these elements into a clear structure
Identify key elements of the business case prototype
2. OKRs to launch a functional business intelligence platform
Launch a functional business intelligence platform
Develop a prototype with minimum viable features in 6 weeks
Identify and outline key minimum viable features
Allocate tasks among team members
Start rapid prototyping and iterative testing
Define and finalize technical specifications within 3 weeks
Review, adjust, and approve final technical specifications
Prepare draft of detailed technical specifications
Identify necessary technical aspects and requirements
Gain initial user feedback by conducting testing with 20 people
Identify 20 people willing to participate in product testing
Prepare and administer a feedback questionnaire post-testing
Analyze and report the feedback gathered from participants
3. OKRs to secure funding for mobile game prototype
Secure funding for mobile game prototype
Research and identify 100 viable investors for gaming prototype by week 6
Develop and perfect a unique and engaging pitch for potential funders by week 3
Identify unique selling points of the project
Practice the pitch for fluid delivery
Create a compelling narrative for the pitch
Secure meetings and present pitch to at least 50% of identified investors
Prepare and rehearse investor pitch
Compile contacts of identified investors
Schedule meetings with each investor
4. OKRs to file patent for medical device and enhance prototype functionality
File patent for medical device and enhance prototype functionality
Thoroughly research patents in the related field to ensure uniqueness by end of Week 4
Identify relevant fields for patent search
Analyze findings for potential uniqueness conflicts
Conduct comprehensive patent search through online databases
Implement three major improvements in the prototype based on testing feedback by Week 12
Complete drafting a unique and detailed patent application by Week 8
Finalize application, including all diagrams and claims
Write a comprehensive description of the invention
Research and analyze existing patents relevant to the invention
Prototype Development Team 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
Focus can only be achieve by limiting the number of competing priorities. It is crucial that you take the time to identify where you need to move the needle, and avoid adding business-as-usual activities to your 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
Having good goals is only half the effort. You'll get significant more value from your OKRs if you commit to a weekly check-in process.
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 Prototype Development Team 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 Prototype Development Team OKR templates
We have more templates to help you draft your team goals and OKRs.
OKRs to cultivate an autonomous, entrepreneurial culture with quick decision-making
OKRs to implement advanced food safety training program
OKRs to instill value-driven mindset across all work processes
OKRs to to enhance and maximize business stakeholder engagement
OKRs to improve visibility on socials
OKRs to implement effective annual success plans
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.