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tability.ioWhat 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.
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!
OKRs to enhance strategic planning collaboration with stakeholders
ObjectiveEnhance strategic planning collaboration with stakeholders
KRIncrease 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
- KRImplement 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
- KRAcquire 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
OKRs to enhance interdepartmental collaboration as instructional designer
- ObjectiveEnhance interdepartmental collaboration as instructional designer
- KRConduct 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
- KRProvide 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
- KRIncrease 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
OKRs to optimize and excel as an innovative agile team
- ObjectiveOptimize and excel as an innovative agile team
- KRReduce 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
- KRObtain 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
- KRIncrease 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
OKRs to improve product management efficiency
- ObjectiveImprove product management efficiency
- KRIncrease 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
- KRIncrease 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
- KRAchieve 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
- KRReduce 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
How to write your own Stakeholder Collaboration OKRs
1. Get tailored OKRs with an AI
You'll find some examples below, but it's likely that you have very specific needs that won't be covered.
You can use Tability's AI generator to create tailored OKRs based on your specific context. Tability can turn your objective description into a fully editable OKR template -- including tips to help you refine your goals.
- 1. Go to Tability's plan editor
- 2. Click on the "Generate goals using AI" button
- 3. Use natural language to describe your goals
Tability will then use your prompt to generate a fully editable OKR template.
Watch the video below to see it in action 👇
Option 2. Optimise existing OKRs with Tability Feedback tool
If you already have existing goals, and you want to improve them. You can use Tability's AI feedback to help you.
- 1. Go to Tability's plan editor
- 2. Add your existing OKRs (you can import them from a spreadsheet)
- 3. Click on "Generate analysis"
Tability's Strategy Map makes it easy to see all your org's OKRsTability 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.
You can then decide to accept the suggestions or dismiss them if you don't agree.
Option 3. Use the free OKR generator
If you're just looking for some quick inspiration, you can also use our free OKR generator to get a template.
Unlike with Tability, you won't be able to iterate on the templates, but this is still a great way to get started.
Stakeholder Collaboration 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
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.
Tip #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.
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 track your Stakeholder Collaboration OKRs
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.
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 Stakeholder Collaboration OKR templates
We have more templates to help you draft your team goals and OKRs.
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- OKRs to develop a cloud-based SAAS loyalty product