4 customisable OKR examples for Stakeholder Collaboration
What are Stakeholder Collaboration OKRs?
The OKR acronym stands for Objectives and Key Results. It's a goal-setting framework that was introduced at Intel by Andy Grove in the 70s, and it became popular after John Doerr introduced it to Google in the 90s. OKRs helps teams has a shared language to set ambitious goals and track progress towards them.
Crafting effective OKRs can be challenging, particularly for beginners. Emphasizing outcomes rather than projects should be the core of your planning.
We have a collection of OKRs examples for Stakeholder Collaboration to give you some inspiration. You can use any of the templates below as a starting point for your OKRs.
If you want to learn more about the framework, you can read our OKR guide online.
Building your own Stakeholder Collaboration 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 Stakeholder Collaboration OKRs examples
You will find in the next section many different Stakeholder Collaboration Objectives and Key Results. We've included strategic initiatives in our templates to give you a better idea of the different between the key results (how we measure progress), and the initiatives (what we do to achieve the results).
Hope you'll find this helpful!
1. OKRs to enhance strategic planning collaboration with stakeholders
Enhance strategic planning collaboration with stakeholders
Increase stakeholder satisfaction by 20% regarding strategic planning participation
Implement suggestions from stakeholders in strategic plans- Provide clear, timely communication about strategic initiatives
- Organize regular consultation meetings with stakeholders
- Implement 75% of stakeholder suggestions into new strategic planning processes
- Review all stakeholder suggestions for strategic planning
- Incorporate 75% of viable suggestions into new strategy
- Determine the feasibility for implementing each suggestion
- Acquire feedback from 90% of stakeholders on strategic planning by end of quarter
- Develop and distribute a feedback survey to stakeholders
- Identify all stakeholders involved in strategic planning
- Send reminders to complete surveys; ensure 90% response
2. OKRs to enhance interdepartmental collaboration as instructional designer
- Enhance interdepartmental collaboration as instructional designer
- Conduct feedback sessions with each department post-collaboration to achieve 85% satisfaction rate
- Schedule feedback sessions with all department heads
- Prepare relevant feedback-related questions
- Measure satisfaction rate after each session
- Provide fortnightly progress reports to stakeholders to ensure seamless communication
- Schedule and send bi-weekly progress reports
- Identify key metrics to track progress
- Create a clear, concise reporting template
- Increase the number of joint projects with different departments by 20%
- Initiate discussions for joint project proposals
- Establish collaborative agreements and start projects
- Identify potential interdepartmental collaboration opportunities
3. OKRs to optimize and excel as an innovative agile team
- Optimize and excel as an innovative agile team
- Reduce project turnaround time by 15% through improved team collaboration
- Introduce collaboration tools for effective communication
- Implement regular team meetings focusing on project obstacles
- Provide training to enhance team collaboration
- Obtain 90% positive feedback on project deliverables from stakeholders
- Improve deliverables based on feedback received
- Actively seek stakeholders' wants and needs
- Continually communicate project updates to stakeholders
- Increase team productivity by 25% measured by completed tasks
- Introduce performance incentives for early or on-time task completion
- Implement a daily morning team-meeting for task assignment and completion updates
- Provide training on efficient task management and prioritizing techniques
4. OKRs to improve product management efficiency
- Improve product management efficiency
- Increase customer satisfaction rating by 10% through continuous improvement of product features and functionality
- Implement necessary product updates based on customer feedback to enhance satisfaction
- Analyze survey data to identify areas for improvement in product features and functionality
- Monitor customer satisfaction rating regularly to track progress and make further improvements
- Conduct regular customer surveys to gather feedback on product features and functionality
- Increase cross-functional collaboration by ensuring 90% of product decisions involve inputs from key stakeholders
- Schedule regular cross-functional meetings to discuss and gather input on product decisions
- Create a centralized platform for stakeholders to provide feedback and suggestions on product development
- Implement a process to collect feedback from key stakeholders before finalizing product decisions
- Conduct training sessions to educate team members about the importance of cross-functional collaboration
- Achieve a 15% increase in product revenue by identifying and implementing new monetization strategies
- Track and measure revenue growth after implementing new monetization strategies for optimization
- Conduct market research to identify new consumer needs and preferences
- Collaborate with the product development team to create and implement new revenue-generating features
- Analyze competitor strategies to uncover potential monetization opportunities
- Reduce average time to market by 20% through streamlined product development processes
- Conduct thorough analysis and eliminate non-essential steps from the product development workflow
- Streamline communication channels and establish clear guidelines for efficient information sharing
- Optimize resource allocation and prioritize tasks to minimize bottlenecks in the product development process
- Implement agile project management methodologies and cross-functional collaboration for faster decision-making
Stakeholder Collaboration 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
The #1 role of OKRs is to help you and your team focus on what really matters. Business-as-usual activities will still be happening, but you do not need to track your entire roadmap in the 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's audit dashboard will highlight opportunities to improve OKRsTip #2: Commit to weekly OKR check-ins
Don't fall into the set-and-forget trap. It is important to adopt a weekly check-in process to get the full value of your OKRs and make your strategy agile – otherwise this is nothing more than a reporting exercise.
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 Stakeholder Collaboration OKRs in a strategy map
OKRs without regular progress updates are just KPIs. You'll need to update progress on your OKRs every week to get the full 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
Spreadsheets are enough to get started. Then, once you need to scale you can use a proper OKR platform to make things easier.
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 Stakeholder Collaboration OKR templates
We have more templates to help you draft your team goals and OKRs.
- OKRs to ensure smooth migration of on-prem applications to cloud setup
- OKRs to successfully conclude the upcoming 9 weeks
- OKRs to attain a 90 pass mark by end of first 9 weeks
- OKRs to boost the website's conversation rates
- OKRs to improve communication by ensuring quarterly check-in with performance manager
- OKRs to streamline and Automate UPI Backend Operations
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.