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tability.ioWhat are Company OKRs?
The Objective and Key Results (OKR) framework is a simple goal-setting methodology that was introduced at Intel by Andy Grove in the 70s. It became popular after John Doerr introduced it to Google in the 90s, and it's now used by teams of all sizes to set and track ambitious goals at scale.
Writing good OKRs can be hard, especially if it's your first time doing it. You'll need to center the focus of your plans around outcomes instead of projects.
We have curated a selection of OKR examples specifically for Company to assist you. Feel free to explore the templates below for inspiration in setting your own goals.
If you want to learn more about the framework, you can read our OKR guide online.
Company OKRs examples
You will find in the next section many different Company 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 boost Odoo CRM utilization and proficiency company-wide
ObjectiveBoost Odoo CRM utilization and proficiency company-wide
KRDecrease data input errors in Odoo CRM by 40%
Regularly audit data entries for errors and inaccuracies- Integrate automated data validation tools in Odoo CRM
- Implement comprehensive data input training for all CRM users
- KRAccomplish 80% attendance in Odoo CRM training sessions
- Schedule training times that are suitable for majority of employees
- Implement company-wide incentives for attending the training
- Send regular reminders about upcoming Odoo CRM sessions
- KRIncrease Odoo CRM user login frequency by 30%
- Implement incentive program for frequent login users
- Improve user interface for enhanced accessibility
- Implement regular user training sessions
OKRs to establish a company-wide collaborative culture
- ObjectiveEstablish a company-wide collaborative culture
- KRImplement monthly interactive team-building exercises for all departments
- Schedule regular exercise sessions within working hours
- Assign a coordinator to manage and facilitate these exercises
- Identify suitable team-building exercises for each department
- KRAchieve an average rating of 4/5 on collaboration in employee satisfaction surveys
- Provide training on effective communication techniques
- Introduce a platform for sharing ideas and feedback
- Implement team-building activities to enhance collaboration skills
- KRReduce interdepartmental project conflicts by 20%
- Provide conflict resolution training for project managers
- Implement regular interdepartmental communication meetings
- Develop a clear, unified project vision
OKRs to strengthen company-wide risk and control understanding and avert reckless risk-taking
- ObjectiveStrengthen company-wide risk and control understanding and avert reckless risk-taking
- KRReduce company-wide risk incidents by 25% through enhanced risk strategies
- Develop and enforce stricter safety protocols
- Regularly evaluate and update risk mitigation strategies
- Implement regular risk management training for all staff
- KRIntroduce a smart risk-taking reward system seen by a 20% adoption rate
- Launch the reward system to achieve a 20% adoption rate
- Develop criteria for smart risk-taking rewards system
- Train employees on the risk-taking rewards system
- KRDevelop and deliver a risk management training program to 100% of employees
- Schedule and communicate company-wide training sessions
- Identify essential risk management topics for the training program
- Design a comprehensive, interactive training module
OKRs to increase company-wide revenue
- ObjectiveIncrease company-wide revenue
- KRElevate product revenue by 15% via new customer acquisition initiatives
- Implement robust promotional outreach specifically targeting potential customers
- Fine-tune product features based on market research data
- Develop and launch new customer focused marketing strategies
- KREnhance service revenue by 12% through cross-selling and up-selling activities
- Implement incentives encouraging team's cross-selling activities
- Train staff in effective up-selling and cross-selling tactics
- Develop new bundled product and service offers
- KRBoost gross margin by 10% through systematic cost reduction strategies
- Streamline product development to reduce associated costs
- Negotiate better terms with suppliers to decrease material costs
- Implement more efficient operational processes to reduce wasted resources
OKRs to launch a user-friendly mobile app for the retail company
- ObjectiveLaunch a user-friendly mobile app for the retail company
- KRAchieve 500 successful app downloads within the first week of release
- Develop a robust marketing strategy targeting potential users
- Collaborate with influencers for app promotion
- Offer introductory rewards for early downloads
- KRComplete app testing with less than 1% errors
- Continually improve app based on testing feedback
- Implement comprehensive quality assurance procedures for the app
- Regularly conduct detailed error checking processes
- KRDevelop a fully functional prototype by securing design sign-off in two weeks
- Obtain design sign-off from relevant authorities
- Finalize and confirm initial design of the prototype
- Construct the fully functional prototype
OKRs to elevate company growth through improving technical interview processes
- ObjectiveElevate company growth through improving technical interview processes
- KRImprove interview feedback response rate by 30%
- Implement an automated reminder system for feedback
- Train interviewers on the importance of prompt feedback
- Simplify the feedback submission process
- KRAchieve a 75% successful hire rate from conducted interviews
- Refine candidate screening process for alignment with job requirements
- Enhance interview techniques to assess skills and fit
- Implement thorough post-interview evaluations
- KRConduct 50+ technical interviews for potential new hires
- Evaluate and document each candidate's performance
- Create comprehensive interview script for technical evaluations
- Schedule interviews with potential hires
OKRs to increase company revenue and enhance the organizational environment
- ObjectiveIncrease company revenue and enhance the organizational environment
- KRImprove employee satisfaction score by 20% through work culture enhancement programs
- Promote transparency with effective communication channels
- Create a system for employee recognition and rewards
- Implement weekly team-building activities or exercises
- KRReduce staff turnover rate by 15% through strategic initiatives
- Create an engaging and positive work environment
- Increase employee compensation and benefits
- Implement a comprehensive employee development program
- KRBoost sales to achieve a $225k revenue increment
- Implement upselling strategies to increase average order value
- Implement a referral program to attract new customers
- Optimize marketing campaigns for better audience targeting
OKRs to increase company's total revenue to 10,000,000 dollars
- ObjectiveIncrease company's total revenue to 10,000,000 dollars
- KRRetain 90% of existing clients through improved customer service
- Implement regular customer satisfaction surveys
- Train staff in advanced customer service skills
- Develop a loyalty rewards program
- KRImplement cost reduction measures to save 15% expenditure
- Negotiate better terms with suppliers and service providers
- Identify non-essential expenses and eliminate or reduce them
- Implement energy-saving initiatives in the office
- KRBoost sales by 25% through targeted marketing campaigns
- Identify key demographic for targeted marketing efforts
- Develop personalized marketing campaign for identified demographic
- Implement and monitor campaign success, adjusting as needed
OKRs to increase company profitability
- ObjectiveIncrease company profitability
- KRAchieve a 10% reduction in operating costs through efficiency improvements
- Identify wasteful practices in the current operational process
- Implement new efficiency-enhancing technologies
- Train staff on cost-saving practices and procedures
- KRIncrease net revenue by 15% via new customer acquisition strategies
- Conduct market research to identify potential customer segments
- Offer incentives for referrals to generate new clients
- Develop and implement a targeted digital marketing campaign
- KRImplement cost-saving measures to decrease overhead expenses by 8%
- Develop strategies to reduce miscellaneous office expenditures
- Review and analyze current overhead expenses in detail
- Optimize energy usage to minimize utility bills
OKRs to accelerate the company's hiring process
- ObjectiveAccelerate the company's hiring process
- KRIncrease the hired candidates by 30%
- Enhance recruitment strategies to attract more potential candidates
- Implement incentives for employee referrals
- Invest in further recruiter training and resources
- KRImprove job postings to attract 20% more candidate applications
- Increase job posting visibility across multiple platforms
- Highlight benefits, company culture, and growth opportunities
- Revise job descriptions to include clear and detailed responsibilities
- KRShorten the interview process to a maximum of two weeks
- Schedule back-to-back interviews to hasten decision-making
- Implement preliminary screening calls to weed out unsuitable candidates
- Streamline interview questions, focusing on crucial ones only
How to write your own Company 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's Strategy Map makes it easy to see all your org's OKRsTability 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.
Company 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 Company OKRs
The rules of OKRs are simple. Quarterly OKRs should be tracked weekly, and yearly OKRs should be tracked monthly. 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
Most teams should start with a spreadsheet if they're using OKRs for the first time. Then, once you get comfortable you can graduate to a proper OKRs-tracking tool.
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 Company OKR templates
We have more templates to help you draft your team goals and OKRs.
- OKRs to expand lour brand's presence through impactful outreach
- OKRs to decrease time from idea to product deliverables
- OKRs to improve investor pitch deck and materials
- OKRs to successfully migrate all applications to a secure DevOps pipeline
- OKRs to enhance platform usability for heightened customer satisfaction and retention
- OKRs to improve team productivity and efficiency