OKR template to improve our annual membership renewal rate to 90%

public-lib · Published 3 months ago

Your OKR template

This OKR is focused on increasing the renewal rate of annual memberships to 90%. The methods used to achieve this target include reducing membership cancellation requests to a large extent by way of proactive member support. This involves initiating loyalty programs and implementing monthly member satisfaction surveys.

Additionally, staff will be trained to follow proactive customer service strategies which will aid in reducing cancellation requests. Another crucial objective under this OKR is to significantly improve overall member satisfaction through enhanced services and benefits. This calls for strategical communication about service improvements to members and a comprehensive survey to understand member dissatisfaction.

Similarly, implementing a renewed strategy to actively engage with 95% of the existing members is on the agenda. Developing new engagement strategies and analyzing data to assess the effectiveness of these strategies is an initiative under this outcome. Executing outreach plans to get in touch with as many members as possible is intended, which will reinforce member loyalty and satisfaction.

To summarize, increasing the annual membership renewal rate, reducing cancellation requests, improving member satisfaction, and implementing renewed engagement strategies are some of the primary goals listed under this OKR. The planned initiatives aim at improving the member experience altogether and enhance the service quality provided to them.

ObjectiveImprove our annual membership renewal rate to 90%
KRReduce membership cancellation requests by 15% through proactive member support
Develop loyalty programs and exclusive perks for members
Implement monthly member satisfaction surveys and feedback system
Train support staff in proactive customer service strategies
KRIncrease overall member satisfaction by 20% through improved services and benefits
Develop enhanced services and benefits for members
Implement strategic communication about service improvements to members
Conduct detailed survey to identify areas of member dissatisfaction
KRImplement a renewed engagement strategy, reaching out to 95% of members
Develop new engagement strategies targeting members
Analyze data to assess strategy effectiveness
Execute outreach plan to contact 95% of members

Use in Tability

How to edit and track OKRs with Tability

You'll probably want to edit the examples in this post, and Tability is the perfect tool for it.

Tability is an AI-powered platform that helps teams set better goals, monitor execution, and get help to achieve their objectives faster.

With Tability you can:

Use AI to draft a complete set of OKRs in seconds
Connect your OKRs and team goals to your project
Automate reporting with integrations and built-in dashboard

Instead of having to copy the content of the OKR examples in a doc or spreadsheet, you can use Tability’s magic importer to start using any of the examples in this page.

The import process can be done in seconds, allowing you to edit OKRs directly in a platform that knows how to manage and track goals.

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