15 customisable OKR examples for Business Team
What are Business Team 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 Team 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 Team 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 Team OKRs examples
You'll find below a list of Objectives and Key Results templates for Business Team. 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 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
2. OKRs to enhance in-house legal team for aggressive business growth
- Enhance in-house legal team for aggressive business growth
- Reduce legal risks and issues by 30%, enhancing expansion strategy
- Strengthen internal controls to prevent legal breaches
- Hire legal consultant team to review existing policies
- Implement regular legal compliance training for all staff
- Improve legal operational efficiency by 25% using advance legal tech tools
- Monitor and evaluate the improvement in operational efficiency
- Implement advanced legal software for streamlined case management
- Train staff on utilizing new legal tech tools efficiently
- Hire and onboard four additional experienced legal professionals
- Screen applicants and conduct interviews
- Post job listings on legal employment websites
- Design comprehensive onboarding program
3. OKRs to secure partnerships with strategic industry leaders to drive business growth
- Establish key partnerships to drive growth
- Identify and prioritize potential partners based on revenue and market share
- Track the success of each partnership by setting clear KPIs and regularly measuring progress
- Develop a compelling pitch deck and present to at least 10 potential partners
- Sign partnership agreements with at least 3 of the identified partners
4. OKRs to establish a new vertically integrated business line
- Establish a new vertically integrated business line
- Launch 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
- Create 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
- Identify 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
5. OKRs to participate in project formulation and business case development
- Participate in project formulation and business case development
- Contribute towards developing 2 business cases impacting project decisions
- Identify key objectives for each proposed business case
- Lay out potential impacts on project decisions
- Prepare detailed presentations summarizing each case
- Gain proficient understanding of 4 unique business case models
- Research and study 4 diverse business case models
- Analyze strengths and weaknesses of each model
- Apply learned concepts to real-world business scenarios
- Engage in 3 distinct project formulation processes by end of the quarter
- Identify potential projects to formulate
- Outline the key objectives for each project
- Finalize and document all project plans
6. OKRs to achieve promotion to an executive position
- Achieve promotion to an executive position
- Develop 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%
- Reduce 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
- Increase 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
7. OKRs to enhance innovation manager's mastery of business requirements
- Enhance innovation manager's mastery of business requirements
- Complete 3 advanced courses on business requirements analysis by quarter-end
- Complete all coursework by quarter-end
- Enroll in these courses immediately
- Select 3 advanced courses on business requirements analysis
- Show 30% improvement in speed and precision of drafting business requirement documents
- Use standardized templates to ensure consistent quality
- Attend workshops on efficient business requirement drafting
- Practice time management skills for quicker drafting
- Inspect and accurately identify business requirements in 5 real-case scenarios
- Review company documents to understand existing business processes
- Analyze and document findings from five case scenarios
- Conduct interviews with stakeholders to identify needs
8. OKRs to secure two contracts with value at least $300,000
- Secure two contracts with value at least $300,000
- Successfully negotiate and close at least two contracts valued above $150,000 each
- Research and identify potential high-value clients
- Develop customized proposals for each client
- Conduct persuasive negotiation meetings
- Conduct 30 business proposal presentations for potential clients
- Schedule and execute 30 presentations
- Create and refine business proposal presentations
- Identify and research 30 potential clients for proposals
- Identify and reach out to 50 potential clients by the end of the quarter
- Send outreach messages to each potential client
- Draft a personalized outreach message for each contact
- Create a list of 50 potential clients relevant to our business
9. OKRs to strengthen in-house legal team for maritime business expansion
- Strengthen in-house legal team for maritime business expansion
- Reduce legal bottlenecks slowing expansion by 30%
- Streamline legal procedures by implementing automation technology
- Hire additional specialized legal staff
- Regularly review and update legal processes
- Hire 5 experienced maritime lawyers by the end of the quarter
- Schedule and conduct final interviews, then extend offers
- Post job ads on maritime law employment websites and professional networks
- Review resumes and conduct initial phone interviews
- Develop an intensive training program for new hires within two weeks
- Construct a comprehensive training curriculum
- Organize expert trainers and materials
- Identify essential skills and knowledge for the job
10. OKRs to develop core skills for beginner business analyst
- Develop core skills for beginner business analyst
- Deliver 3 industry-related analysis projects demonstrating key learned concepts
- Identify relevant industry-related topics for analysis projects
- Complete and present all three analysis projects
- Incorporate key learned concepts into each project
- Complete a certified business analyst training course with at least 85% score
- Aim to achieve a final exam score of 85% or higher
- Consistently study course materials for comprehension
- Enroll in a certified business analyst training course
- Attend 5 relevant industry webinars to improve networking and knowledge
- Attend and actively participate in each webinar
- Register for the chosen webinars
- Research and select 5 industry relevant webinars to attend
11. OKRs to craft a compelling and successful business case
- Craft a compelling and successful business case
- Conduct detailed market and competitor analysis by end of Week 4
- Analyze market trends and customer preferences
- Gather data on competitor strategy and performance
- Identify key competitors in the market
- Gather and incorporate feedback from 5 industry experts by end of Week 12
- Collect and analyze received feedback
- Implement relevant feedback into operations
- Identify and reach out to 5 industry experts for feedback
- Develop a clear, attainable business case prototype by end of Week 8
- Review and finalize the prototype by end of Week 8
- Assemble these elements into a clear structure
- Identify key elements of the business case prototype
12. OKRs to enhance business analysis skills and strategies
- Enhance business analysis skills and strategies
- Improve current project efficiency by 15% using new business analysis techniques
- Implement effective techniques into current project workflow
- Monitor and measure impact on project efficiency
- Research latest business analysis techniques suitable for the project
- Deliver 1 impactful presentation on learned business analysis concepts to team
- Develop a presentation on key business analysis concepts
- Practice presentation for cogent verbal delivery
- Schedule a team meeting to present findings
- Complete 2 relevant professional courses in business analysis
- Identify two professional courses in business analysis
- Register for the selected courses
- Conscientiously finish and complete both courses
13. OKRs to successful Business Launch in Africa
- Successful Business Launch in Africa
- Achieve product engagement from 10,000 unique African users
- Offer tailored user-support services in local languages
- Partner with African influencers for product endorsements
- Develop user-centered, localized marketing strategies for African markets
- Forge and establish 3 strategic local partnerships by quarter end
- Identify potential local businesses for partnership opportunities
- Arrange meetings to discuss potential collaborations
- Negotiate terms and finalize partnership agreements
- Gain a 5% market share in the chosen African region
- Establish relationships with local distribution channels for product accessibility
- Develop a targeted marketing strategy focusing on the identified local interests
- Conduct market research to understand local customer preferences and buying habits
14. OKRs to identify high-potential startups for potential investment
- Identify high-potential startups for potential investment
- Attend or participate in a minimum of 3 startup pitch events to expand network and discover new opportunities
- Register and RSVP for the chosen startup pitch events
- Engage with fellow entrepreneurs and exchange contact information for future collaboration
- Prepare a concise pitch to present at the startup pitch events
- Research upcoming startup pitch events in the local area
- Research and evaluate a minimum of 20 startups with innovative and scalable business models
- Conduct thorough research on each startup's business model and scalability
- Create a report summarizing the findings and key insights from the research
- Compile a list of 20 startups with innovative business models
- Evaluate the potential of each startup based on identified criteria
- Conduct thorough due diligence on at least 10 startups, assessing financials, market potential, and team
- Investigate the background and expertise of the team members in 10 startups
- Summarize the findings of due diligence in concise reports for each startup assessed
- Research and analyze the financial statements of 10 startups for detailed assessment
- Evaluate the market potential of 10 startups through market analysis and potential growth opportunities
- Establish partnerships with at least 2 trusted venture capitalists or angel investors for knowledge-sharing and potential co-investment opportunities
- Reach out to the selected venture capitalists or angel investors to express interest in collaboration
- Research and identify potential venture capitalists or angel investors with established credibility
- Set up meetings or calls with the identified partners to discuss knowledge-sharing and co-investment opportunities
- Establish formal agreements and partnerships with the selected venture capitalists or angel investors
15. OKRs to enhance analysis and implementations of Power BI Reports
- Enhance analysis and implementations of Power BI Reports
- Conduct three training sessions to boost team efficiency with Power BI
- Identify key Power BI features that need to be focused on in training
- Plan out three comprehensive Power BI training sessions
- Schedule and administer the three Power BI training sessions
- Implement 10 new insightful suggestions for business intelligence reporting improvements
- Gather 10 innovative suggestions for enhancements
- Identify existing reports that need improvement
- Implement suggested changes into reports
- Improve accuracy in Power BI reports data by reducing error rate by 20%
- Implement strict validation checks for data entry
- Conduct a detailed data quality assessment for existing reports
- Train employees on proper data handling procedures
Business Team 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 Team 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
Spreadsheets are enough to get started. Then, once you need to scale you can use a proper OKR platform to make things easier.
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 Team OKR templates
We have more templates to help you draft your team goals and OKRs.
- OKRs to amplify the voice of our current customer base
- OKRs to become the brand leader in our category
- OKRs to enhance security measures to mitigate OTP attacks
- OKRs to scale development with a design system
- OKRs to master backend API handling in React
- OKRs to boost employees' understanding of corporate culture and core values
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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