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3 OKR examples for Business Case Development

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If you're here, you're probably looking for some inspiration to write your OKRs.

We've got you covered below, but you can draft and track perfectly tailored strategies in minutes with Tability.

AI feedback for OKRs in Tability

What are Business Case Development OKRs?

The OKR acronym stands for Objectives and Key Results. It's a goal-setting framework that was introduced at Intel by Andy Grove in the 70s, and it became popular after John Doerr introduced it to Google in the 90s. OKRs helps teams has a shared language to set ambitious goals and track progress towards them.

Formulating strong OKRs can be a complex endeavor, particularly for first-timers. Prioritizing outcomes over projects is crucial when developing your plans.

We've tailored a list of OKRs examples for Business Case Development to help you. You can look at any of the templates below to get some inspiration for your own goals.

If you want to learn more about the framework, you can read our OKR guide online.

How to write your own Business Case Development OKRs

Option 1. Turn ideas into OKRs with Tability AI

While we have some examples available, it's likely that you'll have specific scenarios that aren't covered here.

You can use Tability's AI generator to create tailored OKRs based on your specific context. Tability can turn your objective description into a fully editable OKR template -- including tips to help you refine your goals.

Tability will then use your prompt to generate a fully editable OKR template.

Watch the video below to see it in action 👇

Option 2. Optimise existing OKRs with Tability Feedback tool

If you already have existing goals, and you want to improve them. You can use Tability's AI feedback to help you.

AI feedback for OKRs in TabilityTability's Strategy Map makes it easy to see all your org's OKRs

Tability will scan your OKRs and offer different suggestions to improve them. This can range from a small rewrite of a statement to make it clearer to a complete rewrite of the entire OKR.

You can then decide to accept the suggestions or dismiss them if you don't agree.

Option 3. Use the free OKR generator

If you're just looking for some quick inspiration, you can also use our free OKR generator to get a template.

Unlike with Tability, you won't be able to iterate on the templates, but this is still a great way to get started.

Business Case Development OKRs examples

You'll find below a list of Objectives and Key Results templates for Business Case Development. We also included strategic projects for each template to make it easier to understand the difference between key results and projects.

Hope you'll find this helpful!

OKRs to participate in project formulation and business case development

  • ObjectiveParticipate in project formulation and business case development
  • KRContribute towards developing 2 business cases impacting project decisions
  • TaskIdentify key objectives for each proposed business case
  • TaskLay out potential impacts on project decisions
  • TaskPrepare detailed presentations summarizing each case
  • KRGain proficient understanding of 4 unique business case models
  • TaskResearch and study 4 diverse business case models
  • TaskAnalyze strengths and weaknesses of each model
  • TaskApply learned concepts to real-world business scenarios
  • KREngage in 3 distinct project formulation processes by end of the quarter
  • TaskIdentify potential projects to formulate
  • TaskOutline the key objectives for each project
  • TaskFinalize and document all project plans

OKRs to gain comprehensive knowledge about the agency operations in business

  • ObjectiveGain comprehensive knowledge about the agency operations in business
  • KRComplete three different business agency related online courses by top institutes
  • TaskResearch and select three top-rated business agency online courses
  • TaskRegularly study and complete each course
  • TaskEnroll in the selected online courses
  • KRConduct informational interviews with five successful business agents
  • TaskIdentify five successful business agents for interviews
  • TaskSchedule and conduct the individual interviews
  • TaskPrepare relevant questions regarding their business success
  • KRRead and comprehend 10 agency-based business case studies and summarize learnings

OKRs to craft a compelling and successful business case

  • ObjectiveCraft a compelling and successful business case
  • KRConduct detailed market and competitor analysis by end of Week 4
  • TaskAnalyze market trends and customer preferences
  • TaskGather data on competitor strategy and performance
  • TaskIdentify key competitors in the market
  • KRGather and incorporate feedback from 5 industry experts by end of Week 12
  • TaskCollect and analyze received feedback
  • TaskImplement relevant feedback into operations
  • TaskIdentify and reach out to 5 industry experts for feedback
  • KRDevelop a clear, attainable business case prototype by end of Week 8
  • TaskReview and finalize the prototype by end of Week 8
  • TaskAssemble these elements into a clear structure
  • TaskIdentify key elements of the business case prototype

Business Case Development OKR best practices

Generally speaking, your objectives should be ambitious yet achievable, and your key results should be measurable and time-bound (using the SMART framework can be helpful). It is also recommended to list strategic initiatives under your key results, as it'll help you avoid the common mistake of listing projects in your KRs.

Here are a couple of best practices extracted from our OKR implementation guide 👇

Tip #1: Limit the number of key results

Focus can only be achieve by limiting the number of competing priorities. It is crucial that you take the time to identify where you need to move the needle, and avoid adding business-as-usual activities to your OKRs.

We recommend having 3-4 objectives, and 3-4 key results per objective. A platform like Tability can run audits on your data to help you identify the plans that have too many goals.

Tip #2: Commit to weekly OKR check-ins

Having good goals is only half the effort. You'll get significant more value from your OKRs if you commit to a weekly check-in process.

Being able to see trends for your key results will also keep yourself honest.

Tip #3: No more than 2 yellow statuses in a row

Yes, this is another tip for goal-tracking instead of goal-setting (but you'll get plenty of OKR examples above). But, once you have your goals defined, it will be your ability to keep the right sense of urgency that will make the difference.

As a rule of thumb, it's best to avoid having more than 2 yellow/at risk statuses in a row.

Make a call on the 3rd update. You should be either back on track, or off track. This sounds harsh but it's the best way to signal risks early enough to fix things.

How to track your Business Case Development OKRs

OKRs without regular progress updates are just KPIs. You'll need to update progress on your OKRs every week to get the full benefits from the framework. Reviewing progress periodically has several advantages:

We recommend using a spreadsheet for your first OKRs cycle. You'll need to get familiar with the scoring and tracking first. Then, you can scale your OKRs process by using a proper OKR-tracking tool for it.

If you're not yet set on a tool, you can check out the 5 best OKR tracking templates guide to find the best way to monitor progress during the quarter.

More Business Case Development OKR templates

We have more templates to help you draft your team goals and OKRs.

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