Team OKR example

Establish a buoyant Corporate Venture Capital department

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

Establish a buoyant Corporate Venture Capital department

  1. KR 1

    Establish partnerships with 2 major corporate venture organizations

  2. KR 2

    Secure a minimum of 3 new deals through the department

  3. KR 3

    Identify and train a dedicated team of 5 CV personnel

Ideas to get you moving
  • Draft and send partnership proposal to the organizations
  • Arrange and conduct meetings with organization representatives
  • Identify potential corporate venture organizations for partnership
  • Present product/service compellingly to potential clients
  • Negotiate and close a minimum of 3 deals
  • Identify potential clients and initiate conversations
  • Monitor and assess each team member's progress and effectiveness
  • Schedule and conduct intensive CV training for selected personnel
  • Determine suitable candidates within the organization for CV training
Example targets. Adapt to your baseline before you start.

About this template

The OKR revolves around establishing a flourishing Corporate Venture Capital (CVC) department within a specific timeline. It includes partnering with two prime corporate venture organizations which will require drafting and sending partnership proposals, holding meetings with organization representatives, and recognizing suitable organizations for partnership.

The second objective involves securing a minimum of three new business deals via the CVC department. This requires identifying potential clients, initiating conversations, presenting the service/product effectively, and closing a minimum of three deals after negotiations.

Another primary objective of the OKR is identifying and training a team of five dedicated Corporate Venture (CV) personnel. The training needs to be intensive and effort should be made to keep track of each team member’s progress and effectiveness.

Overall, this OKR indicates the goal of building a solid foundation for a CVC department within an organization. It involves forging strategic partnerships, increasing deal flow and client base and developing a dedicated team of trained CV professionals efficient in making deals.

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.

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---
title: Establish a buoyant Corporate Venture Capital department
objectives:
- title: Establish a buoyant Corporate Venture Capital department
  outcomes:
  - title: Establish partnerships with 2 major corporate venture organizations
    from: 0.0
    to: 100.0
    score_format: _number_%
    initiatives:
    - title: Draft and send partnership proposal to the organizations
    - title: Arrange and conduct meetings with organization representatives
    - title: Identify potential corporate venture organizations for partnership
  - title: Secure a minimum of 3 new deals through the department
    from: 0.0
    to: 100.0
    score_format: _number_%
    initiatives:
    - title: Present product/service compellingly to potential clients
    - title: Negotiate and close a minimum of 3 deals
    - title: Identify potential clients and initiate conversations
  - title: Identify and train a dedicated team of 5 CV personnel
    from: 0.0
    to: 100.0
    score_format: _number_%
    initiatives:
    - title: Monitor and assess each team member's progress and effectiveness
    - title: Schedule and conduct intensive CV training for selected personnel
    - title: Determine suitable candidates within the organization for CV training