9 customisable OKR examples for Negotiation Team
What are Negotiation Team 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 Negotiation Team. 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.
Building your own Negotiation 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 Negotiation Team OKRs examples
We've added many examples of Negotiation Team Objectives and Key Results, but we did not stop there. Understanding the difference between OKRs and projects is important, so we also added examples of strategic initiatives that relate to the OKRs.
Hope you'll find this helpful!
1. OKRs to enhance communication with general contractors for increased project awards
Enhance communication with general contractors for increased project awards
Secure at least 10 more submittal quotes from general contractors each week
Follow up on previously sent quote requests every week
Post weekly inquiries on general contractor forums or job boards
Reach out daily to at least two new general contractors for quotes
Raise project award rate by 30% over the next quarter through effective negotiation
Track and analyze negotiation outcomes regularly
Establish robust, fair negotiation strategies and practices
Train team members on effective negotiation techniques
Maintain a 90% rate on timely, accurate responses to contractor inquiries
Conduct regular response accuracy evaluations
Implement a tracking system for contractor inquiries
Schedule daily dedicated time for query responses
2. OKRs to attain an affordable, emissions-free vehicle
Attain an affordable, emissions-free vehicle
Test drive and analyze key features of at least three selected cars
Schedule test drives for each selected car
Analyze and compare the key features post-drive
Select three cars based on preferences and research
Research and identify ten potential C02-free cars within $30,000 range
Generate a list of CO2-free car manufacturers within your budget
Obtain pricing details for each potential car model
Evaluate and list ten viable options based on research
Finalize purchase of a suitable C02-free car under $30,000
Contact dealerships for negotiations and details
Conclude purchase and documentation forms
Research and shortlist C02-free cars within the budget
3. OKRs to expand open mic opportunities for musicians
Expand open mic opportunities for musicians
Establish partnerships with five local venues for hosting open mic events
Draft a partnership proposal tailored for each venue
Identify potential local venues suitable for open mic events
Initiate contact and negotiate partnership terms
Draw in a minimum of 50 unique performers across all open mic events
Collaborate with local music schools for event promotion
Send personalized invitations to performers from previous events
Create engaging social media advertisements targeting local performers
Organize and successfully conduct at least 10 open mic events
Arrange necessary equipment and personnel for each event
Select venues and schedule dates for each open mic event
Promote the events through social media and local newspapers
4. OKRs to ensure cost-efficiency at Wonderfly Arena
Ensure cost-efficiency at Wonderfly Arena
Negotiate vendor contracts to achieve at least a 10% reduction in expenses
Initiate negotiation meetings with selected vendors
Prepare negotiation strategies and proposals focusing on cost reduction
Analyze existing vendor contracts and identify over-expensive areas
Implement a new tracking system for accurate financial record keeping
Research the best financial tracking systems available
Train staff on how to use the new system
Purchase and install selected financial tracking system
Reduce operational costs by 15% through optimization of resources
Consolidate work tasks to maximize staff productivity
Implement energy-saving measures in all premises
Automate repetitive processes to minimize manual labor
5. OKRs to reduce overall shipping expenses
Reduce overall shipping expenses
Decrease packaging costs by sourcing 15% cheaper materials
Identify suitable suppliers offering lower-cost packaging materials
Negotiate pricing terms with potential suppliers
Implement new materials into existing production lines
Implement an optimized routing system to reduce shipping distance by 10%
Implement new, optimized routing system using AI and data analytics
Monitor and adjust the routing system continuously for best results
Evaluate current shipping routes for inefficiencies and areas for improvements
Negotiate a 20% reduction in courier fees by end of quarter
Schedule and conduct negotiation meeting with courier
Research alternative courier services for competitive prices
Prepare a negotiation plan with current courier service
6. OKRs to secure a new project contract with a new client
Secure a new project contract with a new client
Identify and establish contact with 50 potential new clients within the industry
Research to compile a list of 50 potential clients within the industry
Send emails to identified potential clients
Draft a personalized introductory email to establish contact
Submit high-quality proposals to at least 20 new prospective clients
Develop robust, customized proposals for each client
Submit the proposals and follow up promptly
Identify 20 potential new clients and research their needs
Successfully negotiate and finalize at least one contract with a new client
Identify and research potential new clients
Craft and send personalized business proposals
Arrange negotiation meetings to finalize contract
7. OKRs to successfully orchestrate an engaging food street event
Successfully orchestrate an engaging food street event
Attract at least 500 attendees
Utilize social media channels for widespread promotion of the event
Develop a compelling event agenda to attract potential attendees
Send out personalized invitation emails to targeted audience groups
Achieve 90% positive participant feedback
Develop a responsive and effective communication system
Implement comprehensive, regular training programs for staff members
Evaluate and enhance participant experience based on surveys
Secure a minimum of 20 food vendors
Initiate contact and discuss vending opportunities
Finalize agreements with at least 20 vendors
Identify potential food vendors in the local area
8. OKRs to negotiate better pricing with vendors early in the project
Negotiate better pricing with vendors early in the project
Finalize early-project contracts with all vendors securing reduced rates by week 8
Negotiate contracts and reduced rates with each vendor
Finalize and secure all vendor contracts by week 8
Identify all vendors necessary for early-project completion
Build relationships with 5 key vendors by the end of the week 3
Identify and shortlist 5 key vendors relevant to our business needs
Initiate contact and arrange meetings with the selected vendors
Follow up post meetings to solidify relationships and discuss potential collaborations
Achieve at least a 10% reduction in pricing from each vendor by week 6
Analyze current expenditure with each vendor
Obtain written commitment to new prices
Initiate negotiation talks for discount rates
9. OKRs to secure new clientele from three distinct sectors
Secure new clientele from three distinct sectors
Identify and establish contacts with 50 potential clients from different industries
Research diverse industries to identify 50 potential clients
Initiate contact with potential clients via email or phone
Arrange and conduct initial client meetings or presentations
Successfully pitch services to at least 30% of the identified potential clients
Schedule and conduct efficient, persuasive pitch meetings
Develop and refine customized service pitch for each client
Identify and research potential clients' needs and interests
Convert 15% of pitched potential clients into signed contracts
Train team in negotiation techniques to secure contracts
Enhance proposals with detailed, customized solutions for each client
Improve follow-up strategies to maintain contact post-pitch
Negotiation 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
Having too many OKRs is the #1 mistake that teams make when adopting the framework. The problem with tracking too many competing goals is that it will be hard for your team to know what really matters.
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
Setting good goals can be challenging, but without regular check-ins, your team will struggle to make progress. We recommend that you track your OKRs weekly to get the full benefits from the framework.
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 Negotiation Team OKRs in a strategy map
Quarterly OKRs should have weekly updates to get all the 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.
![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 Negotiation Team OKR templates
We have more templates to help you draft your team goals and OKRs.
OKRs to enhance communication and technical proficiency in customer interactions
OKRs to achieve full stakeholder satisfaction
OKRs to improve mobile app reusability throughout the organization
OKRs to execute seamless Data Migration aligned with project plan
OKRs to enhance communication and foster collaboration within the team
OKRs to expand Japanese market
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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