OKR template to achieve a 2.4X boost in revenue growth for the year
Your OKR template
The second key objective relates to fostering customer loyalty, with a goal of boosting customer retention rate by 20%. This can be achieved by augmenting customer service responsiveness, conducting periodic customer satisfaction surveys, and putting into motion a customer loyalty program that offers incentives to repeat customers.
The third and final objective is to introduce two new revenue-generating product features. A comprehensive marketing strategy is to be put in place to promote these features. Furthermore, market research will be conducted to identify these potential revenue-generating features, which will then be developed and tested.
Overall, this OKR delves into a revenue-centric approach that hinges on attracting, satisfying, and retaining customers, as well as capitalizing on innovative product features to strengthen revenue streams.
ObjectiveAchieve a 2.4X boost in revenue growth for the year
KRImprove lead conversion rate by 25%
Implement effective CRM tools to manage leads efficiently- Enhance follow-up strategies targeting prospective clients
- Provide comprehensive training to sales team on conversion tactics
- KRIncrease customer retention rate by 20%
- Improve customer service responsiveness and excellence
- Conduct regular customer satisfaction surveys and act on feedback
- Implement a customer loyalty program with incentives
- KRLaunch 2 new revenue-generating product features
- Implement marketing strategy to promote new features
- Identify potential product features that will generate revenue
- Develop and test these revenue-generating features
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