OKR template to maximise utilisation of new sourcing tool for quality RFPs

public-lib · Published about 1 month ago

The OKR titled "Maximise utilisation of new sourcing tool for quality RFPs" sets forth three major objectives. The first objective is to execute a minimum of 15 sourcing events using the new tool. Its initiatives include appropriately executing the events, planning 15 sourcing events and identifying suitable events for the tool's application.

The second objective aims at improving the quality of RFP responses by a measure of 25% compared to the preceding quarter. For achieving this, the key steps are incorporating a mandatory review process prior to RFP submission, conducting additional training in RFP creation and using feedback from past RFPs to better future submissions.

The third objective outlines the need to conduct training sessions for the team on the use of the new sourcing tool within a span of two weeks. Critical initiatives for this objective include developing an engaging, beneficial training plan, identifying crucial functionalities of the new sourcing tool and scheduling and implementing training sessions for the team efficiently.

Finally, the success of each objective is quantified with a goal of achieving 100%, involving a progression from 0.0. This means that each objective, once achieved and every initiative, once implemented, contributes to the maximisation of new sourcing tool for quality RFPs.
  • ObjectiveMaximise utilisation of new sourcing tool for quality RFPs
  • Key ResultImplement a minimum of 15 sourcing events using the new tool
  • TaskExecute the sourcing events appropriately
  • TaskSchedule and plan for 15 sourcing events
  • TaskIdentify suitable events for sourcing using the new tool
  • Key ResultAchieve a 25% improvement in RFP response quality compared to last quarter
  • TaskImplement mandatory review process before RFP submission
  • TaskConduct additional training on RFP creation
  • TaskUtilize feedback from previous RFPs to iterate
  • Key ResultConduct training sessions for team on new sourcing tool within two weeks
  • TaskDevelop an engaging and informative training plan
  • TaskIdentify key functionalities of the new sourcing tool
  • TaskSchedule and implement training sessions for the team
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