15 customisable OKR examples for Product
What are Product 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.
Creating impactful OKRs can be a daunting task, especially for newcomers. Shifting your focus from projects to outcomes is key to successful planning.
We've tailored a list of OKRs examples for Product 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 Product 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 Product OKRs examples
We've added many examples of Product 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 achieve Product-Market Fit (PMF)
Achieve Product-Market Fit (PMF)
Acquire 50 new active users weekly to validate market demand
Improve referral program to incentivize existing users
Optimize website for user accessibility and engagement
Develop and implement a strategic social media marketing plan
Improve key product feature based on feedback to increase user retention by 20%
Develop and implement the improvement strategy
Analyze feedback for ideas to enhance the key product feature
Monitor user retention rates for improvements
Conduct 25 customer interviews to understand product usage and satisfaction
Develop a comprehensive interview questionnaire
Identify 25 customers who actively use the product
Conduct and record customer interviews
2. OKRs to achieve product-market fit and expand market reach
Achieve product-market fit and expand market reach
Increase customer satisfaction level by 30% through product improvements
Conduct surveys to identify areas of the product needing improvement
Implement improvements and track customer satisfaction levels
Develop a roadmap for product enhancements based on customer feedback
Establish partnerships in two new markets and secure initial contracts
Initiate business proposals with potential partners
Identify potential partners in target markets
Negotiate and secure initial contracts
Increase product usage by 25% in the newly penetrated markets
Offer promotional trials to entice initial usage
Implement product training sessions for new consumers
Launch targeted marketing campaigns to promote product awareness
3. OKRs to decrease average product impact across categories annually
Decrease average product impact across categories annually
Increase reusability/recyclability of products by 15%
Implement design for recyclability guidelines
Develop reusable product line
Explore partnerships with recycling organizations
Implement 5 eco-friendly modifications in product design and packaging
Investigate biodegradable or recyclable packaging options
Research eco-friendly materials for product design improvement
Organize training on sustainability for product design team
Reduce product waste by 10% through improved production processes
Train staff on lean manufacturing principles
Implement regular equipment maintenance for optimal efficiency
Review and improve current production procedures
4. OKRs to uphold highest product quality standards
Uphold highest product quality standards
Achieve 95% positive product quality feedback from customer satisfaction surveys
Implement rigorous product quality checks before distribution
Develop customer service training for addressing product concerns
Launch satisfaction surveys post-purchase to collect feedback
Implement advanced training for 90% of production personnel for enhanced workmanship
Develop an advanced training program targeting identified gaps
Identify skills gap in production personnel for advanced training
Enroll 90% of production staff in advanced training program
Reduce product defects by 20% through improved quality control measures
Regularly review and update quality control guidelines
Implement strict quality control protocols for every production stage
Train staff on new quality control measures and standards
5. OKRs to strengthen quality control for product consistency
Strengthen quality control for product consistency
Increase inspection checks by 30% to limit manufacturing defects
Develop more rigorous inspection protocols to ensure quality
Implement weekly inspection training sessions for staff
Hire additional inspectors to increase inspection capacity
Implement a new quality analysis metric for 100% of products
Test the new model on a small product sample
Develop a comprehensive new quality analysis metric model
Apply the metric across all product lines, ensuring 100% coverage
Deliver training to 80% of production staff on updated quality control guidelines
Monitor and validate individual's training completion records
Create or update training materials and schedule sessions
Identify individuals who need training on updated guidelines
6. OKRs to achieve Product-Market fit
Achieve Product-Market fit
40% of new users are still active after 2 months
Identify and build core missing features
Talk to 20 leads and users
Get a 40% score on Product-Market fit survey
Send survey to existing beta users
Create a product-market fit survey on Typeform
Get 100 new leads every week
Build a sustainable growth channel
Establish referral program to turn successful users into advocates
7. OKRs to enhance product-market fit by conducting customer research and implementing user feedback
Improve product-market fit by leveraging customer research and user feedback
Measure the impact of the improvements on product-market fit by tracking user metrics
Conduct in-depth interviews with 50 potential and existing customers
Implement the top 3 product improvements within 3 weeks
Analyze user feedback and identify the top 3 product improvements
8. OKRs to enhance product quality by reducing production defects
Enhance product quality by reducing production defects
Decrease production defects by 30% through tightened quality control processes
Train staff on the new quality standards
Implement stringent quality control measures in the production line
Regularly inspect and update production equipment
Conduct training sessions for QA team to enhance in-depth product knowledge
Identify key product aspects for the QA team to understand deeply
Schedule and facilitate product knowledge training sessions
Develop comprehensive training materials/briefs for each aspect
Implement a new, more thorough testing protocol within the development cycle
Research and adopt a comprehensive testing method
Educate development team about new protocol
Identify the weak spots in the current testing protocol
9. OKRs to improve our team's productivity and efficiency
Improve our team's productivity and efficiency
Decrease wastage of resources by 20%
Train staff on resource conservation strategies
Conduct regular equipment checks for optimal functionality
Implement efficiency measures in production processes
Increase weekly team output by 15%
Monitor, evaluate, and adjust work processes regularly
Enhance staff skills through focused training
Implement efficient work strategies and new productivity tools
Reduce project turnaround time by 25%
Delegate responsibilities effectively among team members
Implement time management techniques
Streamline workflows and eliminate unnecessary steps
10. OKRs to accelerate new product/feature launch process by 20%
Accelerate new product/feature launch process by 20%
Train team on rapid prototyping to speed up design phase by 15%
Identify rapid prototyping training opportunities and resources
Schedule and conduct rapid prototyping training sessions
Monitor and assess efficiency improvements post-training
Streamline approval process, reducing time spent by 30%
Eliminate unnecessary steps in the current approval process
Implement a digital approval system for faster response times
Train staff in efficient document processing and decision-making
Implement Agile methodologies to improve product development efficiency by 25%
Adopt and integrate Scrum framework into product development process
Consistently review and adjust methods to meet efficiency goals
Arrange Agile methodologies training for product development team
11. OKRs to enhance the User Experience (UX) for our digital products
Enhance the User Experience (UX) for our digital products
Increase user session duration by 20% signalling improved engagement
Enhance website content for improved user interest and interaction
Implement engaging, interactive features on the platform
Optimize website speed and functionality for user convenience
Conduct 10 user testing sessions to gather feedback for UX improvements
Identify 10 users for testing the current UX
Schedule and conduct user testing sessions
Analyze feedback and compile UX improvement suggestions
Improve user interface friendliness by 30% based on user experience surveys
Validate improvements with targeted user feedback sessions
Implement suggested changes to enhance interface friendliness
Analyze user experience surveys to identify improvement areas
Reduce UX design-related customer complaints by 15%
Improve the onboarding process for better user understanding
Conduct frequent usability tests for early bug identification
Implement a system for regular user feedback collection
12. OKRs to successfully complete 80% of the content project
Successfully complete 80% of the content project
Enhance content quality by getting two positive feedback per week from the editor
Request feedback after implementing changes
Incorporate editor's suggested changes in content
Submit articles regularly for the editor's review
Decrease project revision rate by 15% through careful drafting and editing
Train staff on meticulous proofreading techniques
Increase frequency of project editing cycles
Implement stringent project drafting protocols
Increase daily writing output by 20% to fast-track the project
Enhance writing efficiency through training/tools
Limit distractions during writing periods
Allocate more daily hours exclusively to writing tasks
13. OKRs to improve development team productivity
Increase development team productivity
Reduce average time taken to complete development tasks by 20%
Provide developers with necessary training and resources to enhance productivity
Implement agile development methodologies and prioritize tasks based on importance
Encourage open communication and collaboration among team members to expedite task completion
Identify bottlenecks in the development process to streamline efficiency
Improve unit test coverage by 10% for critical components
Reduce the number of production bugs reported by customers by 25%
Conduct regular code reviews to identify and fix potential bugs before deployment
Implement automated unit testing for critical components and frequently executed code
Increase the frequency of software releases to address and resolve issues more promptly
Improve communication channels with customers to encourage reporting and capturing of bugs
Increase code review completion rate by 15%
Schedule regular team meetings to discuss and address code review concerns
Provide comprehensive and concise code review guidelines for reviewers
Encourage timely and constructive feedback during code review discussions
Implement a clear and streamlined code review process
14. OKRs to establish thought leadership in the B2B software product industry
Establish thought leadership in the B2B software product industry
Increase blog traffic by 30% through engagement with relevant topics and discussion
Develop engaging, well-researched blog posts on these relevant topics
Identify popular topics among target audience for relevant blog content
Promote posts and engage in discussions on various social media platforms
Secure 3 speaking engagements at industry leading software conferences or webinars
Prepare and finalize unique, engaging presentation materials
Identify and research top software conferences or webinars in the industry
Reach out to event organizers about speaking opportunities
Publish 4 insightful whitepapers on critical B2B software product needs and solutions
Identify key issues facing B2B software products
Research potential solutions for these issues
Write and polish 4 comprehensive whitepapers
15. OKRs to increase AliExpress purchases
Increase AliExpress purchases
Research trending products weekly
Browse popular e-commerce sites for current top-selling items
Analyze Google Trends data for rising product searches
Follow relevant industry influencers and note product recommendations
Place orders for at least 5 items per week
Review product availability and pricing from suppliers
Submit at least 5 orders to suppliers each week
Compile a list of desired products for purchase weekly
Track delivery times and customer satisfaction
Set up a system to record and monitor delivery times
Analyze collected data and develop improvement strategies
Create customer satisfaction surveys after product delivery
Product 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 Product 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 Product OKR templates
We have more templates to help you draft your team goals and OKRs.
OKRs to implement a sustainable system for organizational growth
OKRs to improve control oversight for "Mc transformation"
OKRs to enhance account growth and customer retention
OKRs to launch a successful MVP
OKRs to successfully implement the "asdf" system
OKRs to develop a new in-product referrals program
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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