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OKR template to drive business expansion through innovative strategies

public-lib · Published 7 months ago

Your OKR template

This OKR aims to foster business expansion through the implementation of innovative strategies. One of the primary objectives is to secure two strategic partnerships for innovation collaboration. To accomplish this, activities such as initiating discussion for collaboration, finalizing partnership agreements, and identifying potential partners aligned with company goals are set.

The strategy also envisages boosting the innovation portfolio returns by a minimum of 20%. Expansion of business partnerships for diverse insights, investing in research and employee training, and implementing new technologies to optimize processes have been outlined as initiatives to achieve this outcome.

Another significant element is the development and initiation of three new high-impact innovative projects. This involves the formulation of detailed project plans, initiation by pooling in necessary resources, and identifying potential areas for such projects.

Success of the OKR is measured by progress from 0.0 to 100.0 in each of the outcomes. The increased partnerships, portfolio returns, and innovative projects will ensure a comprehensive expansion fueled by innovation.
  • ObjectiveObjectiveDrive business expansion through innovative strategies
  • Key ResultKRSecure two strategic partnerships for innovation collaboration
  • TaskReach out initiating discussions for collaboration
  • TaskNegotiate and finalize partnership agreements
  • TaskIdentify potential partners aligned with our innovation goals
  • Key ResultKRIncrease innovation portfolio returns by at least 20%
  • TaskExpand business partnerships for diverse insights
  • TaskInvest in research and employee training programs
  • TaskImplement new technologies to optimize processes
  • Key ResultKRDevelop and initiate 3 new high-impact innovative projects
  • TaskFormulate project plans detailing the execution strategy
  • TaskInitiate the projects by gathering necessary resources
  • TaskIdentify potential areas for high-impact innovative projects
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.

Tability Import Options

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.

Copy from the template

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

Importing from text

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

Tability editor with imported content

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.

Publish import

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

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