3 OKR examples for Product Functionality
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 Functionality 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 more about the OKR meaning online.
Best practices for OKR
Your objectives should be ambitious, but achievable. Your key results should be measurable and time-bound. It can also be helfpul to list strategic initiatives under your key results, as it'll help you avoid the common mistake of listing projects in your KRs.
Building your own OKRs with AI
While we have some examples below, it's likely that you'll have specific scenarios that aren't covered here. There are 2 options available to you.
- Use our free OKRs generator
- Use Tability, a complete platform to set and track OKRs and initiatives – including a GPT-4 powered goal generator
How to track OKRs
Quarterly OKRs should have weekly updates to get all the benefits from the framework.
Most teams should start with a spreadsheet if they're using OKRs for the first time. Then, once you get comfortable you can graduate to a proper OKRs-tracking tool.
We recommend Tability for an easy way to set and track OKRs with your team.
Check out the 5 best OKR tracking templates to find the best way to monitor progress during the quarter.
Product Functionality OKRs templates
The examples have Product Functionality Objectives and Key Results, but they may also include the tasks that can help you get there.
OKRs to enhance product functionality by adding three new features based on user feedback
Improve product functionality through user feedback
Achieve a 90% satisfaction rate in user testing for new features- Reduce customer support interactions related to functionality by 25%
- Implement three new features based on user feedback
- Increase daily active user rate by 15% after feature implementation
OKRs to implement new functionality in our product offering
- Implement new functionality in our product offering
- Obtain 80% positive feedback from beta testers on new functionality
Develop clear, user-friendly instructions for new functionality- Regularly monitor and analyze beta tester feedback
- Implement suggestions for improvements promptly
- Finalize development of 2 new features by meeting acceptance criteria
- Implement necessary revisions post feedback
- Conduct rigorous testing for each new feature
- Obtain stakeholder approval for the completed features
- Achieve 95% bug-free releases for the new functions
- Train team members in systematic debugging techniques
- Schedule frequent code review sessions amongst developers
- Implement robust testing protocols for newly developed functions
OKRs to implement engagement visibility for corporate customers on Mina Sidor
- Implement engagement visibility for corporate customers on Mina Sidor
- Increase the number of corporate users by 20% through improved platform functionality
- Conduct targeted marketing for corporate users
- Upgrade platform features based on popular user feedback
- Offer limited-time promotions for corporate sign-ups
- Reduce customer inquiries regarding engagement status by 30% after feature implementation
- Implement a self-help guide for new feature
- Apply customer feedback for feature improvement
- Conduct webinars demonstrating feature usage
- Achieve 90% positive feedback on newly implemented engagement visibility feature
- Gather initial user feedback on engagement visibility feature
- Continuously monitor and adjust feature for user satisfaction
- Improve feature based on user feedback and comments
More OKR templates
We have more templates to help you draft your team goals and OKRs.
- OKRs to deliver a well-informed assessment for a potential Series A follow-on investment at XY GmbH
- OKRs to amplify efficiency and scalability of Business Operations' internal processes
- OKRs to increase platform onboarding efficiency
- OKRs to improve engineering performance and reliability
- OKRs to launch fintech product successfully
- OKRs to improve product management efficiency
OKRs resources
Here are a list of resources to help you adopt the Objectives and Key Results framework.
- To learn: Complete 2024 OKR cheat sheet
- Blog posts: ODT Blog
- Success metrics: KPIs examples