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tability.ioWhat are Unit Manager 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.
Formulating strong OKRs can be a complex endeavor, particularly for first-timers. Prioritizing outcomes over projects is crucial when developing your plans.
We've tailored a list of OKRs examples for Unit Manager 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.
Unit Manager OKRs examples
You'll find below a list of Objectives and Key Results templates for Unit Manager. 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!
OKRs to successfully launch the asset managers unit trust business
ObjectiveSuccessfully launch the asset managers unit trust business
KROnboard 3 seasoned unit trust portfolio managers by Week 12
Schedule interview and assessment process by Week 8- Identify suitable candidates for unit trust portfolio manager role
- Complete hiring and orientation by Week 12
- KRAcquire initial capital commitments from 5 strategic partners by Week 9
- Identify potential strategic partners for initial capital commitments
- Schedule and conduct pitch meetings before Week 9
- Develop a compelling pitch targeting these strategic partners
- KRDevelop comprehensive, SEC-compliant business plan for unit trust operation by Week 6
OKRs to design and launch a production unit application
- ObjectiveDesign and launch a production unit application
- KRIdentify and document production unit needs and specifications by end of Week 4
- Conduct interviews with production unit teams
- Analyze and list unit needs and specifications
- Compile and finalize documentation by Week 4
- KRDesign, develop, and test the application prototype for functionality by Week 8
- Develop the proposed prototype based on the design
- Conduct thorough functionality tests on the prototype
- Create detailed design for application prototype
- KRSuccessfully deploy the new application in the production unit by Week 12
- Finalize application development and perform thorough testing by Week 9
- Complete user training for new application usage by Week 10
- Schedule and execute application deployment in the production unit for Week 12
OKRs to boost product sales to reach 100 units
- ObjectiveBoost product sales to reach 100 units
- KRIncrease return customer rate by offering frequent buyer incentives
- Develop a loyalty program that offers discounts to repeat customers
- Create a points system for frequent shoppers
- Offer personalized promotion deals for highly active customers
- KRImprove customer engagement by rolling out two promotional campaigns
- Launch and monitor the promotional campaigns
- Identify suitable products for promotional campaigns
- Develop engaging marketing materials for each campaign
- KRIncrease website conversion rate by 20%
- Implement A/B testing to identify high-converting elements
- Enhance website speed and user experience
- Optimize website mobile-user interface
OKRs to increase revenue efficiency across all business units
- ObjectiveIncrease revenue efficiency across all business units
- KRReduce operational expenditure by 10% to maximize net revenue
- Streamline processes to minimize redundant labor costs
- Implement energy-saving measures to decrease utility costs
- Negotiate better terms with suppliers to cut procurement expenses
- KRStreamline all revenue-generating processes to increase efficiency by 20%
- Train team in streamlined processes and new software
- Identify current inefficiencies in revenue-generating processes
- Implement technological solutions to automate manual tasks
- KRIncrease average revenue per user (ARPU) by 15%
- Optimize pricing based on customer buying behaviors
- Improve user experience to boost customer engagement
- Develop targeted upselling strategies for high-value customers
OKRs to successfully transition the software team to unit testing processes
- ObjectiveSuccessfully transition the software team to unit testing processes
- KRImplement unit testing in 75% of ongoing development projects
- Identify ongoing projects to incorporate unit testing
- Train development team in unit testing
- Implement unit testing in selected projects
- KRAchieve 30% reduction in post-release bugs due to incorporation of unit testing
- Implement comprehensive unit testing in development process
- Train developers on effective unit testing strategies
- Regularly review and improve the unit tests
- KRSuccessfully complete comprehensive unit testing training for 100% of team members
- Identify suitable comprehensive unit testing training courses
- Monitor and ensure all team members complete the course
- Enroll all team members in the chosen course
OKRs to implement effective collaboration tools across the organization
- ObjectiveImplement effective collaboration tools across the organization
- KRIncrease project team efficiency by 30% via new collaboration tools usage
- Implement daily usage and monitor progress regularly
- Train team on effective utilization of chosen tools
- Identify suitable collaboration tools to improve efficiency
- KRIdentify and select top 3 suitable collaboration tools by analyzing employee needs survey
- Conduct a survey to identify employee collaboration needs
- Research and review various collaboration tools
- Choose top 3 tools matching employee needs
- KRTrain 90% of employees on chosen collaboration tools, ensuring effective utilization
- Monitor employee attendance and participation in training
- Evaluate tool usage and provide post-training support
- Schedule collaborative tool training sessions for employees
OKRs to enhance HR's strategic partnership with business units
- ObjectiveEnhance HR's strategic partnership with business units
- KRReduce turnover rate by 15% through retention strategies
- Develop a comprehensive employee benefits and incentives program
- Implement systematic periodical employee performance reviews and promotions
- Facilitate consistent team building activities and trainings
- KRImprove employee engagement score by 20% through HR initiatives
- Implement regular team-building exercises and events
- Conduct workplace culture improvement workshops
- Enhance communication channels for employee feedback
- KRImplement 3 new HR-related business alignment projects with positive feedback
- Execute the three chosen HR business alignment projects
- Identify potential HR-related alignment projects
- Gather feedback using post-implementation surveys
OKRs to achieve 100-unit sales without any budget
- ObjectiveAchieve 100-unit sales without any budget
- KRSecure 50 customer referrals through existing customer network
- Promote this program to existing customers
- Follow-up on potential leads regularly
- Establish a customer referral program with incentives
- KRInitiate 10 cost-free marketing partnerships for product promotion
- Identify potential partners relevant to product
- Draft personalized partnership proposals
- Initiate contact and negotiate partnerships
- KRIncrease organic website traffic by 30% through SEO strategies
- Optimize website content & meta descriptions with relevant keywords
- Enhance website loading speed and mobile responsiveness
- Implement an effective backlink strategy
How to write your own Unit Manager 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.
Unit Manager 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 Unit Manager OKRs
Your quarterly OKRs should be tracked weekly in order to get all the benefits of the OKRs 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 Unit Manager OKR templates
We have more templates to help you draft your team goals and OKRs.
- OKRs to achieve a balance between team learning opportunities and routine tasks
- OKRs to enhance skill at describing campus locations
- OKRs to boost revenue from Student Partners
- OKRs to enhance members' financial wellness
- OKRs to enhance Product Service Management Efficiency
- OKRs to boost training effectiveness for improved profitability