Tability is a cheatcode for goal-driven teams. Set perfect OKRs with AI, stay focused on the work that matters.
What are Entrepreneur 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.
OKRs are quickly gaining popularity as a goal-setting framework. But, it's not always easy to know how to write your goals, especially if it's your first time using OKRs.
To aid you in setting your goals, we have compiled a collection of OKR examples customized for Entrepreneur. Take a look at the templates below for inspiration and guidance.
If you want to learn more about the framework, you can read our OKR guide online.
The best tools for writing perfect Entrepreneur 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
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.
Entrepreneur OKRs examples
You'll find below a list of Objectives and Key Results templates for Entrepreneur. 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 cultivate an autonomous, entrepreneurial culture with quick decision-making
ObjectiveCultivate an autonomous, entrepreneurial culture with quick decision-making
KRLaunch a mentorship program with 5 internal entrepreneurs and engage 30% of employees
Identify and select five internal entrepreneurs for mentorship roles- Promote the program to achieve 30% employee engagement
- Develop a comprehensive mentorship program structure
- KRTrain 80% of team members in decision-making models by end of next quarter
- Monitor and report progress regularly
- Identify existing team members not yet trained in decision-making models
- Schedule suitable training sessions for these members
- KRImplement a system for tracking individual initiatives and achieving 75% utilization
- Measure and attain 75% system utilization
- Establish a robust initiative tracking system
- Train staff on system utilization
OKRs to cultivate an environment encouraging autonomy, entrepreneurial spirit and swift decision-making
- ObjectiveCultivate an environment encouraging autonomy, entrepreneurial spirit and swift decision-making
- KRDecrease decision-making time by 30%, as measured by project timeframes
- Utilize data-driven project management tools
- Implement a streamlined decision-making process
- Provide regular training to improve efficiency
- KRLaunch an internal entrepreneurship challenge, with a minimum 50% staff participation
- Create incentive/rewards program to promote 50% staff participation
- Announce challenge and guidelines to all staff via company-wide communication
- Regularly track and report participation rates to encourage involvement
- KRImplement training sessions targeting autonomy and independent decision-making for 75% of the staff
- Develop skill-specific training sessions focused on independence
- Identify 75% of staff likely to benefit from autonomy training
- Schedule and execute training sessions for identified staff members
Entrepreneur 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
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.
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.
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 Entrepreneur OKR dashboards
Your quarterly OKRs should be tracked weekly if you want to get all the benefits of the OKRs 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, you can move to 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 Entrepreneur OKR templates
We have more templates to help you draft your team goals and OKRs.
- OKRs to boost client engagement in our analytics services
- OKRs to enhance efficiency and speed of the help desk process
- OKRs to accelerate the expansion of our service offering
- OKRs to lead in healthcare e-learning with unmatched online enrollment
- OKRs to boost teamwork and development via regular manager-employee meetings
- OKRs to execute effective decoupling of legacy monolith system