9 customisable OKR examples for Business Plan
What are Business Plan 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 Plan 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.
Building your own Business Plan OKRs with AI
While we have some examples available, it's likely that you'll have specific scenarios that aren't covered here. You can use our free AI generator below or our more complete goal-setting system to generate your own OKRs.
Feel free to explore our tools:
- Use our free OKR generator
- Use Tability, a complete platform to set and track OKRs and initiatives, including a GPT-4 powered goal generator
Our customisable Business Plan OKRs examples
You'll find below a list of Objectives and Key Results templates for Business Plan. 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!
1. OKRs to enhance the firm's business continuity plan
Enhance the firm's business continuity plan
Train every department on the business continuity plan to increase company preparedness
Schedule training sessions for all departments- Monitor staff comprehension and address queries after training
- Develop comprehensive training material on business continuity plan
- Conduct at least two BCP drills to identify and address potential weaknesses
- Schedule two Business Continuity Plan (BCP) drills
- Execute BCP drills, note all weaknesses
- Develop solutions to address identified weaknesses
- Develop a full business continuity plan covering all key operational areas
- Draft detailed contingency strategies for each area
- Identify all key operational areas needing continuity measures
- Review and revise continuity plan regularly
2. OKRs to establish a successful National Archive Centre business
- Establish a successful National Archive Centre business
- Identify and secure a suitable location for the Archive Centre
- Finalize lease or purchase agreement for chosen location
- Evaluate locations based on accessibility, size, and security
- Research potential locations for the Archive Centre
- Secure agreement from 10+ key stakeholders by end of the quarter
- Schedule individual meetings for proposal discussions
- Identify and list the top 10+ key stakeholders
- Draft an agreement proposal highlighting mutual benefits
- Develop a comprehensive business plan with clear projected financials
- Create pro forma financial statements
- Research and compile essential market data
- Draft detailed business strategy
3. OKRs to launch a viable startup in the tech industry
- Launch a viable startup in the tech industry
- Hire a core team of five professionals in tech, marketing, and operations
- Identify required skills and experience for each job role
- Schedule and conduct potential candidate interviews
- Post job vacancies on suitable recruitment platforms
- Finalize business plan with a detailed financial projection
- Review and refine existing business model assumptions
- Develop comprehensive profit and loss projections
- Incorporate relevant market research into the plan
- Secure investment from at least three different sources for initial capital
- Research and identify potential investors
- Conduct pitching sessions to these investors
- Create a compelling business plan
4. OKRs to successfully organize 75 engaging tour groups
- Successfully organize 75 engaging tour groups
- Partner with 80 local businesses for food, transportation, and attraction packages
- Formalize agreements and prepare package details
- Identify and list potential local businesses for partnership
- Develop and pitch partnership proposals to each business
- Onboard and train at least 10 dedicated tour guides for improved tour quality
- Carry out in-depth training for selected individuals
- Interview possible candidates for tour guide positions
- Assign each guide to specific tour routes
- Finalize 78 diverse and engaging itineraries to attract a broad audience
- Confirm all itinerary dates and destinations
- Review and update activities within each itinerary
- Finalize and approve all itinerary descriptions
5. OKRs to acquire proficiency in business analysis as a beginner
- Acquire proficiency in business analysis as a beginner
- Execute two successful business analysis projects under supervision
- Develop detailed project plans under supervisor guidance
- Identify and define two suitable business analysis projects
- Implement projects, ensuring objectives are met successfully
- Gain feedback showing 90% satisfaction from 5 different team members on collaboration skills
- Solicit feedback from each team member
- Conduct an anonymous survey on collaboration skills
- Review and analyze received responses
- Complete four certified business analysis courses online
- Dedicate regular study times and complete all coursework
- Enroll in the chosen business analysis courses
- Research and select four online certified business analysis courses
6. OKRs to formulate and Implement a robust Business and Product Strategy
- Formulate and Implement a robust Business and Product Strategy
- Implement and test product strategy with a minimum viable product in 6 weeks
- Develop a prototype of the minimum viable product
- Implement a detailed product strategy
- Conduct rigorous testing and gather feedback
- Develop a comprehensive business strategy with measurable goals within 3 weeks
- Draft a comprehensive, strategic business plan
- Define measurable, time-bound business goals
- Research market trends and study competitors for business strategy formulation
- Identify and analyse 5 key competitor business strategies within next quarter
- Identify 5 main competitors in the market
- Analyze each strategy's effectiveness and performance
- Research and note down their business strategies
7. OKRs to enhance partnership with business for valuable audit plan fruition
- Enhance partnership with business for valuable audit plan fruition
- Initiate 3 strategic discussions with business stakeholders to identify potential audit areas
- Prep for discussions by assessing potential audit zones
- Identify key business stakeholders for strategic discussions
- Schedule meetings with stakeholders to discuss audit areas
- Generate 5+ tangible value creation strategies born from audit insights
- Brainstorm and develop potential value creation strategies
- Evaluate and finalize top five strategies for implementation
- Identify key insights from previous audit reports
- Achieve 100% progression on the determined annual audit plan
- Determine key priorities, resources and timeframe for the annual audit
- Regularly review the audit's progress and address any issues promptly
- Ensure thorough communication with relevant personnel throughout the audit process
8. OKRs to implement disaster recovery plan with RTO under one hour
- Increase disaster recovery efficiency
- Provide training on disaster recovery procedures to all relevant staff
- Evaluate effectiveness of training and adjust as necessary
- Identify key stakeholders for disaster recovery training
- Develop customized training plan and materials
- Schedule and conduct training sessions
- Conduct disaster recovery test bi-monthly
- Conduct test scenario walkthrough with all relevant stakeholders
- Prepare disaster recovery plan documentation
- Analyze results, identify gaps, and update disaster recovery plan accordingly
- Execute disaster recovery test to validate plan and processes
- Reduce RTO to under one hour
- Improve network bandwidth and reliability
- Implement automated backup system
- Test Disaster Recovery Plan regularly
- Increase server redundancy
- Ensure all critical systems are covered in the recovery plan
- Identify all critical systems
- Develop recovery strategies for critical systems
- Determine the impact of system downtime
- Test the recovery plan for critical systems
9. OKRs to make business travel process fully digital
- Make business travel process fully digital
- Identify and list all paper-dependent tasks in business travel by end of week 1
- Survey team members about paper-dependent tasks in business travel
- Research common paper-dependent tasks in corporate travel
- Compile list of identified paper-dependent travel tasks by end of week 1
- Design and implement a digital solution for identified tasks within week 5
- Identify specific tasks requiring digital solution during week 5
- Sketch out a basic design for the digital solution
- Begin implementing the devised digital solution
- Achieve 95% employee adoption of the new digital process in trial phase
- Offer incentives for early adopters in trial phase
- Conduct informative training sessions on new digital process
- Seek feedback and troubleshoot issues quickly
Business Plan OKR best practices to boost success
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.
Tability's audit dashboard will highlight opportunities to improve OKRsTip #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.
Tability's check-ins will save you hours and increase transparencyTip #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 turn your Business Plan OKRs in a strategy map
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:
- It brings the goals back to the top of the mind
- It will highlight poorly set OKRs
- It will surface execution risks
- It improves transparency and accountability
Most teams should start with a spreadsheet if they're using OKRs for the first time. Then, once you get comfortable you can graduate to a proper OKRs-tracking tool.
Tability's Strategy Map makes it easy to see all your org's OKRsIf 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 Plan OKR templates
We have more templates to help you draft your team goals and OKRs.
- OKRs to develop an efficient IT Audit SaaS system
- OKRs to boost English proficiency for B1 level students
- OKRs to enhance tech lead abilities by utilizing online learning and practical application
- OKRs to enhance release quality and punctuality
- OKRs to drive an effective agile transformation for all team operations
- OKRs to build a robust data pipeline utilizing existing tools
OKRs resources
Here are a list of resources to help you adopt the Objectives and Key Results framework.
- To learn: What is the meaning of OKRs
- Blog posts: ODT Blog
- Success metrics: KPIs examples
Create more examples in our app
You can use Tability to create OKRs with AI – and keep yourself accountable 👀
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