Tability is a cheatcode for goal-driven teams. Set perfect OKRs with AI, stay focused on the work that matters.
What are Business Team OKRs?
The OKR acronym stands for Objectives and Key Results. It's a goal-setting framework that was introduced at Intel by Andy Grove in the 70s, and it became popular after John Doerr introduced it to Google in the 90s. OKRs helps teams has a shared language to set ambitious goals and track progress towards them.
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 Business Team 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.
The best tools for writing perfect Business Team OKRs
Here are 2 tools that can help you draft your OKRs in no time.
Tability AI: to generate OKRs based on a prompt
Tability AI allows you to describe your goals in a prompt, and generate a fully editable OKR template in seconds.
- 1. Create a Tability account
- 2. Click on the Generate goals using AI
- 3. Describe your goals in a prompt
- 4. Get your fully editable OKR template
- 5. Publish to start tracking progress and get automated OKR dashboards
Watch the video below to see it in action 👇
Tability Feedback: to improve existing OKRs
You can use Tability's AI feedback to improve your OKRs if you already have existing goals.
- 1. Create your Tability account
- 2. Add your existing OKRs (you can import them from a spreadsheet)
- 3. Click on Generate analysis
- 4. Review the suggestions and decide to accept or dismiss them
- 5. Publish to start tracking progress and get automated OKR dashboards
Tability 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.
Business Team OKRs examples
You'll find below a list of Objectives and Key Results templates for Business Team. 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 gain comprehensive knowledge about the agency operations in business
ObjectiveGain comprehensive knowledge about the agency operations in business
KRComplete three different business agency related online courses by top institutes
Research and select three top-rated business agency online courses- Regularly study and complete each course
- Enroll in the selected online courses
- KRConduct informational interviews with five successful business agents
- Identify five successful business agents for interviews
- Schedule and conduct the individual interviews
- Prepare relevant questions regarding their business success
- KRRead and comprehend 10 agency-based business case studies and summarize learnings
OKRs to enhance partnership with business for valuable audit plan fruition
- ObjectiveEnhance partnership with business for valuable audit plan fruition
- KRInitiate 3 strategic discussions with business stakeholders to identify potential audit areas
- Prep for discussions by assessing potential audit zones
- Identify key business stakeholders for strategic discussions
- Schedule meetings with stakeholders to discuss audit areas
- KRGenerate 5+ tangible value creation strategies born from audit insights
- Brainstorm and develop potential value creation strategies
- Evaluate and finalize top five strategies for implementation
- Identify key insights from previous audit reports
- KRAchieve 100% progression on the determined annual audit plan
- Determine key priorities, resources and timeframe for the annual audit
- Regularly review the audit's progress and address any issues promptly
- Ensure thorough communication with relevant personnel throughout the audit process
OKRs to enhance in-house legal team for aggressive business growth
- ObjectiveEnhance in-house legal team for aggressive business growth
- KRReduce legal risks and issues by 30%, enhancing expansion strategy
- Strengthen internal controls to prevent legal breaches
- Hire legal consultant team to review existing policies
- Implement regular legal compliance training for all staff
- KRImprove legal operational efficiency by 25% using advance legal tech tools
- Monitor and evaluate the improvement in operational efficiency
- Implement advanced legal software for streamlined case management
- Train staff on utilizing new legal tech tools efficiently
- KRHire and onboard four additional experienced legal professionals
- Screen applicants and conduct interviews
- Post job listings on legal employment websites
- Design comprehensive onboarding program
OKRs to enhance understanding of royalty structures in business contexts
- ObjectiveEnhance understanding of royalty structures in business contexts
- KRInterview 3 professionals in the field of royalties in businesses
- Draft relevant interview questions tailored for each professional
- Identify three professionals in the royalties business field
- Schedule and conduct the three interviews
- KRRead and summarise 5 books related to business royalties
- Write a concise summary for each book
- Select and procure 5 relevant books about business royalties
- Carefully read and interpret each book
- KRDevelop and present a detailed report on the role of royalties in business
- Prepare a presentation highlighting report findings
- Research the significance and mechanism of royalties in business
- Compile gathered data into a comprehensive report
OKRs to secure partnerships with strategic industry leaders to drive business growth
- ObjectiveEstablish key partnerships to drive growth
- KRIdentify and prioritize potential partners based on revenue and market share
- KRTrack the success of each partnership by setting clear KPIs and regularly measuring progress
- KRDevelop a compelling pitch deck and present to at least 10 potential partners
- KRSign partnership agreements with at least 3 of the identified partners
OKRs to enhance skills in Excel and expand knowledge on brokerage business
- ObjectiveEnhance skills in Excel and expand knowledge on brokerage business
- KRDedicate 15 hours per week to job shadow a brokerage business expert
- Schedule dedicated 15-hour weekly blocks for shadowing
- Create a list of questions to aid learning
- Identify a brokerage business expert to shadow
- KRDemonstrate understanding of brokerage business by preparing a detailed shadowing report
- Research key aspects of brokerage business operations
- Compile findings into a comprehensive report
- Shadow and record broker's daily activities
- KRComplete a professional online Excel course with a certificate of achievement
- Successfully complete the course and obtain the certificate
- Enroll in selected course and start completing the lessons
- Research and choose a suitable professional Excel online course
OKRs to establish a new vertically integrated business line
- ObjectiveEstablish a new vertically integrated business line
- KRLaunch a pilot project using this business line, achieving 20% ROI
- Develop a comprehensive business strategy to ensure 20% ROI
- Identify a suitable project for implementing the new business line
- Execute the pilot project using the developed strategy
- KRCreate a business plan incorporating these competencies by the quarter's end
- Draft a business plan incorporating the identified competencies
- Identify and list the specific competencies required for the business plan
- Refine and finalize the business plan for presentation
- KRIdentify and define 3 core competencies relevant to the new business line
- Set clear definitions for each identified core competency
- Research core competencies critical for success in the new business line
- Establish relevancy of each competency to the new business
OKRs to determine the business benefits of SAP S4
- ObjectiveDetermine the business benefits of SAP S4
- KRIdentify and document 20 potential SAP S4 features beneficial to businesses
- Identify 20 SAP S4 features useful to business operations
- Document each feature's benefits in a comprehensive report
- Research the functionalities and benefits of various SAP S4 features
- KRCreate a detailed report highlighting the identified SAP S4 business benefits
- Gather relevant data and statistics to substantiate each benefit
- Identify the benefits associated with implementing SAP S4 in the business
- Draft a detailed report highlighting these benefits
- KRInterview 10 companies currently using SAP S4 for concrete advantages
- Identify 10 companies currently utilizing SAP S4
- Conduct interviews focusing on SAP S4 advantages
- Arrange interviews with the identified companies
OKRs to participate in project formulation and business case development
- ObjectiveParticipate in project formulation and business case development
- KRContribute towards developing 2 business cases impacting project decisions
- Identify key objectives for each proposed business case
- Lay out potential impacts on project decisions
- Prepare detailed presentations summarizing each case
- KRGain proficient understanding of 4 unique business case models
- Research and study 4 diverse business case models
- Analyze strengths and weaknesses of each model
- Apply learned concepts to real-world business scenarios
- KREngage in 3 distinct project formulation processes by end of the quarter
- Identify potential projects to formulate
- Outline the key objectives for each project
- Finalize and document all project plans
OKRs to achieve promotion to an executive position
- ObjectiveAchieve promotion to an executive position
- KRDevelop and implement a new business strategy resulting in 10% revenue increase
- Execute new strategy, monitor progress, adjust tactics as necessary
- Evaluate current business strategies, identify areas for potential growth
- Develop a comprehensive plan to increase revenue by 10%
- KRReduce department expenses by 15% without sacrificing quality
- Negotiate vendor contracts for better pricing deals
- Identify areas of unnecessary spending within the department
- Implement cost-efficient technology solutions
- KRIncrease team project completion rate by 20%
- Implement regular status checks and progress reporting
- Provide training in efficient project management tools
- Improve workload distribution amongst team members
Business Team 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
Focus can only be achieve by limiting the number of competing priorities. It is crucial that you take the time to identify where you need to move the needle, and avoid adding business-as-usual activities to your 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
Having good goals is only half the effort. You'll get significant more value from your OKRs if you commit to a weekly check-in process.
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.
Save hours with automated OKR dashboards
OKRs without regular progress updates are just KPIs. You'll need to update progress on your OKRs every week to get the full benefits from the 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 Tability to save time with automated OKR dashboards, data connectors, and actionable insights.
How to get Tability dashboards:
- 1. Create a Tability account
- 2. Use the importers to add your OKRs (works with any spreadsheet or doc)
- 3. Publish your OKR plan
That's it! Tability will instantly get access to 10+ dashboards to monitor progress, visualise trends, and identify risks early.
More Business Team OKR templates
We have more templates to help you draft your team goals and OKRs.