OKR template to achieve profitability by reducing operational costs by 20% in the current fiscal year
As a business, profitability is the ultimate goal. To achieve this, it is essential to implement measures that reduce operational costs. The objective of this OKR is to achieve profitability by reducing operational costs by 20% in the current fiscal year. This will ensure that the business operates more efficiently and effectively, ultimately increasing profits and providing the resources needed for growth.
Cut operational costs to achieve profitability
Reduce employee overtime costs by 30%- Implement automation processes to reduce manual labor costs by 20%
- Decrease inventory storage costs by 25%
- Lower utility expenses by 15% through energy-efficient measures
