OKR template to increase and diversify our portfolio of local, small-scale, and minority-owned vendors

This leadership OKR template is a strong starting point for teams that need better alignment, clearer priorities, and more disciplined goal tracking.

Use it to turn a business priority into a measurable objective, then review progress weekly so your team can adjust execution before the quarter gets away from you.

Your OKR template

This OKR aims to enhance and diversify the company's list of local, small-scale, and minority-owned suppliers. This will be achieved by initiating and enforcing a supplier diversity policy within the organization. Activities planned include drafting an inclusive supplier diversity policy, conducting training sessions for application and getting leadership's endorsement for the proposed policy.

The second segment of the OKR focuses on increasing procurement from women- and minority-owned stakeholders by 25%. This involves the growth of partnerships with targeted vendors, organizing procurement training emphasizing diversity and identifying promising minority-owned suppliers.

The final component of the OKR seeks to identify and incorporate at least 20 new local, small-scale suppliers by the end of the quarter. Onboarding strategies for chosen vendors will be further developed, potential local, small-scale vendors will be researched, and initial contact and relationship-building with potential vendors will be initiated.

Through this OKR, the company is committed to expanding the diversity of its supplier base, fostering equal opportunities, and uplifting local economies by partnering with small-scale vendors. These changes also mirror the company’s commitment to diversity and inclusion, benefiting both the organization and the wider community it operates within.

ObjectiveIncrease and diversify our portfolio of local, small-scale, and minority-owned vendors
KRCreate and implement a supplier diversity policy within the organization
Draft a comprehensive supplier diversity policy for the organization
Conduct training sessions to implement the policy
Obtain leadership approval for the proposed policy
KRIncrease procurement from woman- and minority-owned vendors by 25%
Develop partnerships with these targeted vendors
Organize procurement training focusing on diversity
Identify potential woman- and minority-owned suppliers
KRIdentify and onboard at least 20 new local, small-scale vendors by quarter end
Facilitate onboarding process for selected vendors
Research potential local, small-scale vendors
Initiate contact and build relationships

Use in Tability

Tability: the best OKR software for results-driven teams

OKRs should be tracked weekly to be effective, and Tability is the perfect tool for that.

Tability is the best OKR software that embraces modern principles to help teams set better goals, monitor execution, and get help to achieve their objectives faster.

With Tability you can:

Get an OKR agent that can review existing OKRs, suggest improvements, and monitor execution
Connect your OKRs and team goals to Jira, ClickUp, Linear, Asana, and more
Automate reporting with integrations and built-in dashboard

You can import OKRs in seconds with the magic importer, and start executing your goals in no time.

Step 1. Sign up for a free Tability account

Go tohttps://tability.app/signup and create your account (it's free!)

Step 2. Create a plan

Follow the steps after your onboarding to create your first plan, you should get to a page that looks like the picture below.

Step 3. Use the magic importer

Click on Use magic import to open up the Magic Import modal.

Now, go back to the OKR examples, and click on Copy on the example that you’d like to use.

Paste the content in the text import section. Don’t worry about the formatting, Tability’s AI will be able to parse it!

Now, just click on Import from text and let the magic happen.

Once your example is in the plan editor, you will be able to:

Edit the objectives, key results, and tasks
Click on the target 0 → 100% to set better target
Use the tips and the AI to refine your goals

Step 4. Publish your plan

Once you’re done editing, you can publish your plan to switch to the goal-tracking mode.

From there you will have access to all the features that will help you and your team save hours with OKR reporting.

10+ built-in dashboards to visualise progress on your goals
Weekly reminders, data connectors, and smart notifications
9 views to map OKRs to strategic projects
Strategy map to align teams at scale