
The objective in an OKR implementation is qualitative and provides an answer to the question of what has to be completed. Key results that serve as benchmarks and indicators of progress toward objectives serve to support them. Key outcomes (KRs) are precise, quantifiable, and time-limited. Hard numbers are frequently included in key outcomes. You can write OKRs, align them throughout the organization, and track progress by using a platform like Workfront Goals. Some examples of OKRs for several departments are shown below:
COMPANY
OBJECTIVE: Grow our corporate global business
Key Results:
- Global sales target of $100 Million in Sales
- Achieve 100% year-to-year sales growth in the EMEA geography
- Increase the company average deal size by 30% (with upsells)
- Reduce churn to less than 5% annually (via Customer Success)
PRODUCT
OBJECTIVE: Launch the new product successfully
Key Results:
- Finish all the new product website updates
- Work with PR to provide technical product specs
- Give an exclusive pre-launch update to customers and partners
- Finalize product datasheets, feature briefs and sales enablement info
MARKETING
OBJECTIVE: Improve Our SEO
Key Results:
- Get 10 new inbound links from relevant websites
- Improve our internal on-page optimization
- Improve our website loading speed
FINANCE
OBJECTIVE: Improve our Annual Budgeting Process
Key Results:
- Have a meeting with every VP about the new process
- Review everyone's budget proposals before mid-Q3
- Finalize the final budget by Sep 15
SALES
OBJECTIVE: Generate new bookings pipeline
Key Results:
- Generate inflow of $12M in pipeline
- Keep pipeline above 5x of quota to ensure a 20% Win Rate
- Do 7 product demos per week
HR
OBJECTIVE: Create an Exceptional Corporate Culture
Key Results:
- Launch an ongoing 2-way closed-loop feedback process
- Create clarity of all departments and teams via clear OKR goals
- Achieve a weekly Employee Satisfaction / Pulse Score of 8+
- Celebrate "small wins" and any type of progress every single week
- CEO and SVPs to launch a monthly Town Hall with Open Q&A
TECHNICAL
Objective: The Technical Success service is exceptional
Key Results:
- 100% retention of technical success accounts
- Every account has configurable reporting custom to their needs
- Increase daily active user count for all our accounts
ENGINEERING
OBJECTIVE: Launch the New Product Architecture
Key Results:
- Have engineering team contribute X story points
- Design 5 tests with QA
- Upgrade our database and complete data migration