Tability is a cheatcode for goal-driven teams. Set perfect OKRs with AI, stay focused on the work that matters.
What are Licensing Team 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.
Crafting effective OKRs can be challenging, particularly for beginners. Emphasizing outcomes rather than projects should be the core of your planning.
We've tailored a list of OKRs examples for Licensing 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 Licensing 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.
Licensing Team OKRs examples
You will find in the next section many different Licensing Team 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 streamline the issuance of agricultural licenses
- ObjectiveStreamline the issuance of agricultural licenses
- KRImplement an online application system for 50% of all licenses
- Customize the online application system for licensing
- Train staff for handling the new system
- Research and choose an appropriate online application software
- KRIncrease the number of successfully issued licenses by 15%
- Implement a marketing campaign to attract potential licensees
- Simplify the license application process to reduce mistakes and confusion
- Enhance customer service support to assist applicants effectively
- KRReduce application processing time by 25%
- Train staff in faster application processing techniques
- Optimize underlying application processing algorithms
- Implement more efficient software for handling applications
OKRs to increase Atlassian licensing sales by 50%
- ObjectiveIncrease Atlassian licensing sales by 50%
- KRIncrease the average purchase value of Atlassian licenses by 10%
- KRAcquire 20% more new customers for Atlassian licensing
- Conduct market research to identify potential target industries for Atlassian licensing
- Collaborate with sales team to offer personalized solutions and competitive pricing packages
- Develop targeted marketing campaigns to promote the benefits of Atlassian licensing
- Improve lead generation strategies by utilizing digital advertising and content marketing
- KRIncrease the number of Atlassian license sales by 25%
- Strengthen partnerships with resellers and distributors to expand the reach of Atlassian licenses
- Provide additional training and resources to sales teams to effectively pitch and sell Atlassian licenses
- Offer discounts or promotional offers to incentivize customers to purchase Atlassian licenses
- Implement targeted marketing campaigns to reach potential customers interested in Atlassian licenses
- KRIncrease customer retention rate for Atlassian licenses by 15%
- Implement a loyalty rewards program for customers with Atlassian licenses
- Offer exclusive discounts and promotions to encourage subscription renewals for Atlassian licenses
- Enhance customer support resources, such as self-help guides and FAQ sections
- Conduct customer satisfaction surveys to gather feedback and address pain points
Licensing 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
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.
Save hours with automated OKR dashboards
Quarterly OKRs should have weekly updates to get all the 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 Licensing Team OKR templates
We have more templates to help you draft your team goals and OKRs.
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