Tability is a cheatcode for goal-driven teams. Set perfect OKRs with AI, stay focused on the work that matters.
What are Product Lead 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.
Creating impactful OKRs can be a daunting task, especially for newcomers. Shifting your focus from projects to outcomes is key to successful planning.
We've tailored a list of OKRs examples for Product Lead 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 Product Lead 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.
Product Lead OKRs examples
You will find in the next section many different Product Lead 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 excel as the new Product lead
ObjectiveExcel as the new Product lead
KRIncrease product line performance by 15% through effective leadership and collaboration
Regularly evaluate and adjust product line strategies- Enhance leadership skills through effective training programs
- Implement weekly team collaborations to discuss product improvements
- KRSuccessfully implement at least 2 strategic initiatives to improve product line
- Formulate 2 strategic initiatives to address weaknesses
- Implement and monitor initiative progress
- Identify weak areas in the current product line
- KRComplete onboarding process and master product knowledge within the first 2 weeks
- Schedule time daily to understand the product's features
- Start and finish all onboarding activities within 2 weeks
- Gain proficiency in product usage by constant practice
OKRs to foster continuous improvement culture in production team
- ObjectiveFoster continuous improvement culture in production team
- KRIncrease production team engagement in suggesting improvement ideas by 30%
- Provide training on successful idea generation techniques
- Implement a rewards system for valuable improvement suggestions
- Conduct weekly brainstorming sessions for innovative ideas
- KRAchieve a 20% reduction in production errors utilizing improvement techniques
- Train staff regularly on error prevention strategies
- Update and fine-tune production machinery for precision
- Implement strict quality control processes on production lines
- KRImplement weekly training sessions covering different improvement methodologies by end of quarter
- Identify relevant improvement methodologies for training
- Schedule and communicate the training sessions
- Design engaging weekly training curriculums
OKRs to establish thought leadership in the B2B software product industry
- ObjectiveEstablish thought leadership in the B2B software product industry
- KRIncrease blog traffic by 30% through engagement with relevant topics and discussion
- Develop engaging, well-researched blog posts on these relevant topics
- Identify popular topics among target audience for relevant blog content
- Promote posts and engage in discussions on various social media platforms
- KRSecure 3 speaking engagements at industry leading software conferences or webinars
- Prepare and finalize unique, engaging presentation materials
- Identify and research top software conferences or webinars in the industry
- Reach out to event organizers about speaking opportunities
- KRPublish 4 insightful whitepapers on critical B2B software product needs and solutions
- Identify key issues facing B2B software products
- Research potential solutions for these issues
- Write and polish 4 comprehensive whitepapers
OKRs to enhance Product Service Management Efficiency
- ObjectiveEnhance Product Service Management Efficiency
- KRIncrease product service team training sessions by 50%
- Schedule additional training sessions accordingly
- Identify current number of weekly training sessions
- Calculate necessary increase to achieve 50% rise
- KRImplement new software to decrease customer response time by 20%
- Purchase, install, and configure the identified software
- Identify software capable of enhancing customer service response speed
- Train customer service representatives on new software usage
- KRImprove customer satisfaction rate on product services by 30%
- Update and upgrade product based on customer feedback
- Establish a fast and effective complaint resolution procedure
- Implement regular training programs for customer service staff
OKRs to enhance proficiency as a product owner
- ObjectiveEnhance proficiency as a product owner
- KRComplete two relevant industry-recognized product management certifications
- Enroll in and complete required coursework for each certification
- Schedule and pass the certification exams
- Research and select two industry-recognized product management certifications
- KRLead three cross-functional team meetings to improve collaboration and project efficiency
- Organize meeting date and agenda for cross-functional team discussion
- Facilitate effective collaboration during the cross-functional team meetings
- Review meetings' outcomes, identifying areas for increased project efficiency
- KRImplement one new feature voted top by customers for the product by the deadline
- Obtain customer feedback and identify top-voted feature
- Roll out the feature to all customers by the deadline
- Develop and test the new feature thoroughly
OKRs to attain and apply advanced leadership skills through an online course
- ObjectiveAttain and apply advanced leadership skills through an online course
- KRReceive positive feedback from at least 60% team members regarding new leadership methods
- Distribute anonymous feedback survey to team members
- Implement new leadership methods within team
- Analyze and discuss feedback results
- KRImplement learnt strategies in team management and achieve 10% increase in productivity
- Set specific goals to achieve a 10% productivity increase
- Utilize acquired strategies in daily team management practices
- Monitor and measure current team productivity levels
- KRComplete an accredited online leadership course with a minimum passing score of 85%
- Score at least 85% on the final assessment
- Regularly complete modules and assess learning
- Select an accredited online leadership course
OKRs to boost agile team productivity by 15%
- ObjectiveBoost agile team productivity by 15%
- KRConduct regular skill development workshops to improve team efficiency by 10%
- Organize regular skill development workshops
- Track and report improvement in team efficiency
- Identify areas of inefficiency within the team
- KRImplement a new project management tool to reduce task completion times by 20%
- Track and evaluate task completion times regularly
- Identify the best project management tool for the team
- Provide comprehensive training on the new tool
- KRReallocate resources to decrease bottlenecks and increase output by 15%
- Identify resources contributing to bottlenecks
- Develop plan to redistribute specific resources
- Implement changes and measure output increase
OKRs to significantly reduce total work hours without compromising productivity
- ObjectiveSignificantly reduce total work hours without compromising productivity
- KRIncrease team productivity by 20% through effective training programs
- Continually refine training programs based on feedback and results
- Develop comprehensive and engaging training programs for team members
- Measure team productivity levels before and after training implementation
- KRDecrease overtime work by 50% through efficient task allocation and time management
- Conduct staff training on effective time management
- Implement productivity software to optimize task allocation
- Regularly review and adjust team workload balance
- KRImplement automation tools to streamline 30% of manual tasks
- Identify tasks that can be efficiently automated
- Select ideal automation tools for targeted tasks
- Train employees on using these automation tools
OKRs to boost subject count to achieve NI+500
- ObjectiveBoost subject count to achieve NI+500
- KRStaff training to enhance per capita productivity by 20%
- Invest in productivity-enhancing tools and technologies
- Establish clear productivity targets and employee incentives
- Implement routine training sessions focused on efficiency and time management
- KRImprove process clarity to diminish errors by 15%
- Implement and track error-reducing modifications
- Identify and document each step of the current process
- Train all team members on new, clearer process
- KRImplement efficiency-enhancing measures for a 10% surge in daily count
- Invest in advanced technology to streamline the process
- Regularly monitor and analyze the efficiency metrics
- Train employees on newly introduced efficiency measures
OKRs to enhance focus to achieve higher productivity
- ObjectiveEnhance focus to achieve higher productivity
- KRImplement a daily 2-hour undisturbed work session
- Disable all potential distractions during this period
- Inform team members about your daily undisturbed session
- Designate a daily 2-hour block on your calendar for uninterrupted work
- KRDecrease social media usage to less than 1 hour per day
- Remove unnecessary social media apps from mobile devices
- Set daily screen time limits on all social media apps
- Dedicate specific hours for checking social media
- KRFinish reading three books on productivity and focus
- Develop a consistent daily reading schedule
- Note main points and actionable tips from each book
- Choose three high-rated books about productivity and focus
Product Lead 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
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
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 Product Lead OKR templates
We have more templates to help you draft your team goals and OKRs.
- OKRs to elevate workshop attendance and feedback ratings
- OKRs to increase implementation of the intake procedure
- OKRs to improve resolution of travel time requests
- OKRs to align team's mission and vision with company's strategic goals
- OKRs to improve staff retention and foster a positive work culture
- OKRs to increase programmer productivity, quality, and happiness through the use of AI Tools