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Team OKR example

Secure three drilling and two well intervention contracts

A starting point for clearer priorities and measurable progress. Make the targets your own.

Suggested timeframe: Set with your team1 objective · 3 key results
YOUR STARTING POINTTeam OKRs
OBJECTIVE

Secure three drilling and two well intervention contracts

  1. KR 1

    Submit 5 well structured proposals for well intervention contracts

  2. KR 2

    Identify and establish contact with 10 potential clients for drilling contracts

  3. KR 3

    Successfully close negotiations with at least 2 clients each for drilling and interventions

Ideas to get you moving
  • Research companies in need of drilling contracts
  • Reach out to each client with a customized proposal
  • Compile a list of 10 potential clients
  • Prepare comprehensive, customized proposals for each client
  • Engage clients in constructive negotiation meetings
  • Finalize contracts and obtain client signature
Example targets. Adapt to your baseline before you start.

About this template

This OKR is focused on obtaining multiple drilling and well intervention contracts. The initial objective involves the creation and submission of five well-structured proposals for well intervention contracts. This necessitates a thorough understanding of the clients' needs to create comprehensive and suitable proposals.

The second objective requires identifying 10 potential clients for drilling contracts. This involves extensive research to ascertain companies that are in need of drilling contracts, followed by personalized outreach to each potential client. The final objective stipulates closing negotiations with at least two clients each for drilling and interventions.

The keyword for this OKR is drilling contracts, bearing in mind the primary goal is securing three of such contracts. Additionally, well interventions are also significant given the aim of acquiring two contracts in that area.

Those responsible for this OKR fall within roles that involve client acquisition and contract negotiation. Account managers, for instance, are crucial in the initial outreach, providing proposals, and closing negotiations. Similarly, sales executives play essential roles in identifying potential clients and overseeing the entire sales process.

When considering the teams required for the successful execution of this OKR, the sales team takes the lead. Their responsibility in finding potential clients and closing the deals is vital. In addition, the contractual team also plays a crucial role in preparing the comprehensive, well-structured proposals for intervention contracts.

Make it work for your team

01

Set your baseline. Check where you are today, then choose targets that stretch your team.

02

Agree on ownership. Give each key result a clear owner and a source of data.

03

Check in every week. Review the numbers, share confidence, and decide what needs attention.

Get this template as YAML

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---
title: Secure three drilling and two well intervention contracts
objectives:
- title: Secure three drilling and two well intervention contracts
  outcomes:
  - title: Submit 5 well structured proposals for well intervention contracts
    from: 0.0
    to: 100.0
    score_format: _number_%
    initiatives: []
  - title: Identify and establish contact with 10 potential clients for drilling contracts
    from: 0.0
    to: 100.0
    score_format: _number_%
    initiatives:
    - title: Research companies in need of drilling contracts
    - title: Reach out to each client with a customized proposal
    - title: Compile a list of 10 potential clients
  - title: Successfully close negotiations with at least 2 clients each for drilling
      and interventions
    from: 0.0
    to: 100.0
    score_format: _number_%
    initiatives:
    - title: Prepare comprehensive, customized proposals for each client
    - title: Engage clients in constructive negotiation meetings
    - title: Finalize contracts and obtain client signature
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