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tability.ioWhat are Business Travel 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 Travel 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.
Business Travel OKRs examples
You will find in the next section many different Business Travel Objectives and Key Results. We've included strategic initiatives in our templates to give you a better idea of the different between the key results (how we measure progress), and the initiatives (what we do to achieve the results).
Hope you'll find this helpful!
OKRs to make business travel process fully digital
- ObjectiveMake business travel process fully digital
- KRIdentify and list all paper-dependent tasks in business travel by end of week 1
- Survey team members about paper-dependent tasks in business travel
- Research common paper-dependent tasks in corporate travel
- Compile list of identified paper-dependent travel tasks by end of week 1
- KRDesign and implement a digital solution for identified tasks within week 5
- Identify specific tasks requiring digital solution during week 5
- Sketch out a basic design for the digital solution
- Begin implementing the devised digital solution
- KRAchieve 95% employee adoption of the new digital process in trial phase
- Offer incentives for early adopters in trial phase
- Conduct informative training sessions on new digital process
- Seek feedback and troubleshoot issues quickly
OKRs to successfully organize 75 engaging tour groups
- ObjectiveSuccessfully organize 75 engaging tour groups
- KRPartner with 80 local businesses for food, transportation, and attraction packages
- Formalize agreements and prepare package details
- Identify and list potential local businesses for partnership
- Develop and pitch partnership proposals to each business
- KROnboard and train at least 10 dedicated tour guides for improved tour quality
- Carry out in-depth training for selected individuals
- Interview possible candidates for tour guide positions
- Assign each guide to specific tour routes
- KRFinalize 78 diverse and engaging itineraries to attract a broad audience
- Confirm all itinerary dates and destinations
- Review and update activities within each itinerary
- Finalize and approve all itinerary descriptions
OKRs to enhance travel agent business through video competition
- ObjectiveEnhance travel agent business through video competition
- KRConvert 10% of video competition participants into signed travel agents
- Initiate personalized follow-up conversations with participants
- Offer special training sessions tailored for video competition participants
- Provide incentives for participants to join as travel agents
- KRIncrease social media engagement by 30% through video competition promotions
- Analyze video competition performance and adjust strategy accordingly
- Promote the video competition on all social media platforms
- Create engaging video competition concepts relevant to the target audience
- KRLaunch video competition and attract 500+ entries from aspiring travel agents
- Establish partnerships with travel agencies for wider reach
- Create enticing competition guidelines and promotion materials
- Amplify event on social media and travel blogs
How to write your own Business Travel OKRs
1. Get tailored OKRs with an AI
You'll find some examples below, but it's likely that you have very specific needs that won't be covered.
You can use Tability's AI generator to create tailored OKRs based on your specific context. Tability can turn your objective description into a fully editable OKR template -- including tips to help you refine your goals.
- 1. Go to Tability's plan editor
- 2. Click on the "Generate goals using AI" button
- 3. Use natural language to describe your goals
Tability will then use your prompt to generate a fully editable OKR template.
Watch the video below to see it in action 👇
Option 2. Optimise existing OKRs with Tability Feedback tool
If you already have existing goals, and you want to improve them. You can use Tability's AI feedback to help you.
- 1. Go to Tability's plan editor
- 2. Add your existing OKRs (you can import them from a spreadsheet)
- 3. Click on "Generate analysis"
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.
You can then decide to accept the suggestions or dismiss them if you don't agree.
Option 3. Use the free OKR generator
If you're just looking for some quick inspiration, you can also use our free OKR generator to get a template.
Unlike with Tability, you won't be able to iterate on the templates, but this is still a great way to get started.
Business Travel 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
The #1 role of OKRs is to help you and your team focus on what really matters. Business-as-usual activities will still be happening, but you do not need to track your entire roadmap in the 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
Don't fall into the set-and-forget trap. It is important to adopt a weekly check-in process to get the full value of your OKRs and make your strategy agile – otherwise this is nothing more than a reporting exercise.
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.
How to track your Business Travel OKRs
Your quarterly OKRs should be tracked weekly in order to get all the benefits of the OKRs 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 a proper OKR platform to make things easier.
If you're not yet set on a tool, you can check out the 5 best OKR tracking templates guide to find the best way to monitor progress during the quarter.
More Business Travel OKR templates
We have more templates to help you draft your team goals and OKRs.
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