Tability is a cheatcode for goal-driven teams. Set perfect OKRs with AI, stay focused on the work that matters.
What are Business Strategy Manager 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 Strategy Manager 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.
The best tools for writing perfect Business Strategy Manager OKRs
Here are 2 tools that can help you draft your OKRs in no time.
Tability AI: to generate OKRs based on a prompt
Tability AI allows you to describe your goals in a prompt, and generate a fully editable OKR template in seconds.
- 1. Create a Tability account
- 2. Click on the Generate goals using AI
- 3. Describe your goals in a prompt
- 4. Get your fully editable OKR template
- 5. Publish to start tracking progress and get automated OKR dashboards
Watch the video below to see it in action 👇
Tability Feedback: to improve existing OKRs
You can use Tability's AI feedback to improve your OKRs if you already have existing goals.
- 1. Create your Tability account
- 2. Add your existing OKRs (you can import them from a spreadsheet)
- 3. Click on Generate analysis
- 4. Review the suggestions and decide to accept or dismiss them
- 5. Publish to start tracking progress and get automated OKR dashboards
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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.
Business Strategy Manager OKRs examples
You'll find below a list of Objectives and Key Results templates for Business Strategy Manager. 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 formulate and Implement a robust Business and Product Strategy
ObjectiveFormulate and Implement a robust Business and Product Strategy
KRImplement 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
KRDevelop 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
KRIdentify 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
OKRs to establish a new vertically integrated business line
ObjectiveEstablish a new vertically integrated business line
KRLaunch a pilot project using this business line, achieving 20% ROI
Develop a comprehensive business strategy to ensure 20% ROI
Identify a suitable project for implementing the new business line
Execute the pilot project using the developed strategy
KRCreate a business plan incorporating these competencies by the quarter's end
Draft a business plan incorporating the identified competencies
Identify and list the specific competencies required for the business plan
Refine and finalize the business plan for presentation
KRIdentify and define 3 core competencies relevant to the new business line
Set clear definitions for each identified core competency
Research core competencies critical for success in the new business line
Establish relevancy of each competency to the new business
OKRs to achieve promotion to an executive position
ObjectiveAchieve promotion to an executive position
KRDevelop and implement a new business strategy resulting in 10% revenue increase
Execute new strategy, monitor progress, adjust tactics as necessary
Evaluate current business strategies, identify areas for potential growth
Develop a comprehensive plan to increase revenue by 10%
KRReduce department expenses by 15% without sacrificing quality
Negotiate vendor contracts for better pricing deals
Identify areas of unnecessary spending within the department
Implement cost-efficient technology solutions
KRIncrease team project completion rate by 20%
Implement regular status checks and progress reporting
Provide training in efficient project management tools
Improve workload distribution amongst team members
OKRs to implement a robust outbound strategy for enhanced recruitment and service provision
ObjectiveImplement a robust outbound strategy for enhanced recruitment and service provision
KREstablish partnerships with 10 new businesses for mutual referrals
Initiate contact and propose mutual referral partnerships
Identify potential businesses for partnership opportunities
Formalize partnerships through written agreements
KRIncrease conversion rate by 20% through targeted follow-up communications
Identify target audience for follow-up communications
Design personalized, engaging follow-up messages
Analyze and optimize follow-up communication effectiveness
KRGenerate 15% increase in qualified leads via cold emails and calls
Schedule regular cold calls to the leads, tracking responses
Draft personalized cold emails based on leads' interests and needs
Develop a targeted list of potential leads from industry-specific sources
OKRs to optimize the company's financial ratio
ObjectiveOptimize the company's financial ratio
KRImprove return on investment ratio by 15% through innovative, profit-focused business strategies
Research successful innovative profit-focused strategies in similar businesses
Implement selected profit-focused strategies firm-wide
Routinely monitor and adjust strategies to maximize profit
KRIncrease current ratio by 20% through improved asset management and liability reduction
Optimize cash flow by collecting receivables swiftly
Improve inventory turnover rate through efficient management
Implement stringent budget controls to reduce unnecessary spending
KRDecrease debt-to-equity ratio by 25% by consolidating and repaying outstanding loans
Evaluate all outstanding loans and identify for consolidation
Arrange for a convenient debt consolidation plan
Regularly repay consolidated debt to decrease ratio
OKRs to establish credibility and affordability in the tour agency market
ObjectiveEstablish credibility and affordability in the tour agency market
KREstablish partnerships with 3 major local tourism providers for affordable packages
Initiate meetings to present proposals and negotiate terms
Develop package proposals tailored to each provider
Identify potential local tourism providers for partnership
KRGenerate 20% increase in return customers through competitive pricing strategies
Develop and implement competitive pricing structure
Evaluate and adjust pricing strategies based on business performance
Research competitors' pricing strategies and consumer responses
KRSecure 5 positive testimonials from satisfied customers
Reach out to happy customers to request testimonials
Follow-up on testimonial progress after consultation
Brief customers on testimonial forms and content expectations
OKRs to boost customer acquisition for consultancy business
ObjectiveBoost customer acquisition for consultancy business
KRConvert 20% of website visitors into leads with an optimized conversion strategy
Implement robust SEO to increase website visibility and traffic
Create appealing, clear call-to-actions for visitor engagement
Install analytics to track and improve conversion rates
KRIncrease website traffic by 30% through SEO and content marketing strategies
Utilize SEO analytics tools to monitor results and optimize strategies
Create shareable, high-quality content for increased backlinks
Implement targeted SEO keywords in blog posts and website content
KRAttain a close rate of 15% by improving sales outreach and follow-up processes
Streamline follow-up process to ensure timely communication
Implement efficient CRM system for effective sales tracking
Provide team with progressive sales training and workshops
OKRs to align business operations towards 2030 strategic outcomes
ObjectiveAlign business operations towards 2030 strategic outcomes
KRAchieve 30% staff understanding and alignment with 2030 strategic outcomes
Schedule feedback sessions for queries and discussions
Develop easy-to-understand materials explaining 2030 stratagem
Conduct staff workshops on 2030 strategic outcomes
KRDefine and communicate the 2030 strategic outcomes to all departments
Develop clear, concise 2030 strategic outcomes
Create a comprehensive communication plan
Disseminate material to all department heads
KRImplement 10% of strategic initiatives related to 2030 outcomes
Prioritize and select 10% for immediate implementation
Identify key strategic initiatives impacting 2030 outcomes
Develop and begin execution of implementation plans
OKRs to robustly improve the industrial sector's market strategy
ObjectiveRobustly improve the industrial sector's market strategy
KRIdentify and establish strategic partnerships with at least 3 relevant companies
Research companies that align with our strategic goals
Formalize partnerships through agreements or contracts
Initiate contact and discuss partnership opportunities
KRSuccessfully implement 2 market strategies improving sector growth by 15%
Identify and analyze two potential market growth strategies
Develop clear implementation plans for chosen strategies
Track and measure the implemented strategies' growth regularly
KRIncrease the industrial sector's market share by 10%
Develop and implement robust industrial marketing strategies
Conduct a comprehensive market analysis and competitor research
Improve existing product offerings and assess potential innovations
Business Strategy Manager 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.
Save hours with automated OKR dashboards
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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
Spreadsheets are enough to get started. Then, once you need to scale you can use Tability to save time with automated OKR dashboards, data connectors, and actionable insights.
How to get Tability dashboards:
- 1. Create a Tability account
- 2. Use the importers to add your OKRs (works with any spreadsheet or doc)
- 3. Publish your OKR plan
That's it! Tability will instantly get access to 10+ dashboards to monitor progress, visualise trends, and identify risks early.
More Business Strategy Manager OKR templates
We have more templates to help you draft your team goals and OKRs.
OKRs to boost supporter engagement via effective communication and events
OKRs to enhance and optimize the customer service experience
OKRs to enhance efficiency in accounting process and customer relation
OKRs to boost SDR's quota attainment through personalized training
OKRs to launch MVP to our first 1,000 users
OKRs to improve and upkeep query resolution documentation system