OKR template to establish a new vertically integrated business line

public-lib · Published 28 days ago

This OKR aims to establish a new vertically integrated business line. The primary objective includes launching a pilot project using this new business line while delivering a 20% return on investment. This initiative involves developing a comprehensive business strategy, identifying a suitable project, and executing the pilot project.

The second objective aims to create a comprehensive business plan incorporating the competencies identified by the end of the quarter. The identified competencies are then worked into a draft of the business plan, refined, and finalized for presentation.

The third objective concentrates on identifying and defining three core competencies relevant to the new business line. Concrete definitions for each identified core competency will be set, research will be carried out to identify critical competencies, and the relevancy of each competency to the new business will be established.

Through these objectives and their resulting initiatives, the overarching goal of establishing a new vertically integrated business line can be successfully achieved. The strategy reinforces the understanding and application of required competencies, effective project selection, and a comprehensive business plan.
  • ObjectiveEstablish a new vertically integrated business line
  • Key ResultLaunch a pilot project using this business line, achieving 20% ROI
  • TaskDevelop a comprehensive business strategy to ensure 20% ROI
  • TaskIdentify a suitable project for implementing the new business line
  • TaskExecute the pilot project using the developed strategy
  • Key ResultCreate a business plan incorporating these competencies by the quarter's end
  • TaskDraft a business plan incorporating the identified competencies
  • TaskIdentify and list the specific competencies required for the business plan
  • TaskRefine and finalize the business plan for presentation
  • Key ResultIdentify and define 3 core competencies relevant to the new business line
  • TaskSet clear definitions for each identified core competency
  • TaskResearch core competencies critical for success in the new business line
  • TaskEstablish relevancy of each competency to the new business
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