4 customisable OKR examples for Competitive Analysis
What are Competitive Analysis OKRs?
The Objective and Key Results (OKR) framework is a simple goal-setting methodology that was introduced at Intel by Andy Grove in the 70s. It became popular after John Doerr introduced it to Google in the 90s, and it's now used by teams of all sizes to set and track ambitious goals at scale.
Writing good OKRs can be hard, especially if it's your first time doing it. You'll need to center the focus of your plans around outcomes instead of projects.
We have curated a selection of OKR examples specifically for Competitive Analysis to assist you. Feel free to explore the templates below for inspiration in setting your own goals.
If you want to learn more about the framework, you can read our OKR guide online.
Building your own Competitive Analysis 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 Competitive Analysis OKRs examples
You will find in the next section many different Competitive Analysis Objectives and Key Results. We've included strategic initiatives in our templates to give you a better idea of the different between the key results (how we measure progress), and the initiatives (what we do to achieve the results).
Hope you'll find this helpful!
1. OKRs to conduct comprehensive competitive analysis with SEMrush
Conduct comprehensive competitive analysis with SEMrush
Create and present an interactive SEMrush reporting dashboard for stakeholders by week 4
Learn to use SEMrush's dashboard creation features
Design and customize a comprehensive SEMrush report
Prepare a presentation explaining the dashboard to stakeholders
Analyze 10 competitors' keyword ranking using SEMrush per week
Utilize SEMrush to monitor each competitor's keyword rankings
Generate a weekly report summarizing the findings
Identify the top 10 competitors for your business
Attend two SEMrush training sessions for learning advanced analysing techniques
Review session materials in advance for better understanding
Register for two SEMrush training sessions online
Schedule time blocks to participate in the sessions
2. OKRs to improve EV Program outcomes through competitive and strategic data analysis
Improve EV Program outcomes through competitive and strategic data analysis
Implement new processes for swift dissemination of competitive data across teams
Conduct training sessions on the new process for all teams
Formulate a communication strategy for data dissemination
Establish a centralized, accessible platform for sharing competitive data
Analyze and present actionable insights from competitive data to key stakeholders
Collect relevant competitive data from credible sources
Perform extensive analysis on the collected data
Create a presentation illustrating actionable insights for stakeholders
Increase data collection sources by 20% to enhance strategic insights
Monitor and adjust for data quality and consistency
Identify potential new data collection sources
Implement integration with chosen new sources
3. OKRs to conduct thorough analysis of two main competitors
Conduct thorough analysis of two main competitors
Identify and list 10 key business strategies of each competitor by week 4
Complete and review strategy lists by week 4
Research competitors and their unique strategic approaches
Compile a list of 10 strategies per competitor
Craft and present a detailed comparative report on competitor strategies by week 8
Research and compile data on current competitor strategies
Develop a comparative analysis from gathered data
Prepare and rehearse a detailed presentation report
Analyse and document competitive product benefits and drawbacks by week 6
Document drawbacks of competitive products by week 6
Identify main competitors and their respective products by week 2
Evaluate competitive product benefits by week 4
4. OKRs to enhance understanding of competitors' keyword gaps and ranking
Enhance understanding of competitors' keyword gaps and ranking
Implement SEO strategies to fill 80% identified keyword gaps in our content
Develop SEO optimized content for identified keywords
Monitor and adjust strategy based on SEO results
Identify specific keyword gaps in existing content
Identify and categorize 20 main competitors' top keywords by end of next quarter
Categorize and document each competitor's keywords
Use SEO tools to identify their top keywords
Conduct a competitive analysis for 20 main competitors
Increase our ranking for identified competitor's top 10 keywords by 15%
Analyze competitor's keywords, ad campaigns, and backlinks
Implement robust SEO strategies using these keywords
Regularly monitor and adjust strategies based on results
Competitive Analysis 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
The #1 role of OKRs is to help you and your team focus on what really matters. Business-as-usual activities will still be happening, but you do not need to track your entire roadmap in the 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 Insights Dashboard](https://tability-templates-v2.vercel.app/_next/static/media/tability-insights-board.e70f9466.png)
Tip #2: Commit to weekly OKR check-ins
Don't fall into the set-and-forget trap. It is important to adopt a weekly check-in process to get the full value of your OKRs and make your strategy agile – otherwise this is nothing more than a reporting exercise.
Being able to see trends for your key results will also keep yourself honest.
![Tability Insights Dashboard](https://tability-templates-v2.vercel.app/_next/static/media/checkins-graph.b2aec458.png)
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 turn your Competitive Analysis 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
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.
![A strategy map in Tability](https://tability-templates-v2.vercel.app/_next/static/media/tability_strategy_map.2ad25843.png)
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 Competitive Analysis OKR templates
We have more templates to help you draft your team goals and OKRs.
OKRs to elevate understanding in Monitoring and Evaluation (M&E)
OKRs to successfully launch the e-commerce web app
OKRs to acquire advanced Data Science skills
OKRs to enhance finance department's risk management initiatives
OKRs to achieve ISO 27001 certification with an action plan
OKRs to enhance maturity and adoption of lean/scaled Agile delivery practices
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 👀
Tability is a unique goal-tracking platform built to save hours at work and help teams stay on top of their goals.
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