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10 OKR examples for Product Management Team

What are Product Management 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.

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 Management Team 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 Management Team OKRs with AI

How to create great OKRs for any scenario in seconds

While we have some examples available, it's likely that you'll have specific scenarios that aren't covered here.

You can use Tability's AI generator to create tailored OKRs based on your specific context. Tability can turn your objective description into a fully editable OKR template -- including tips to help you refine your goals.

  • 1. Go to Tability's plan editor
  • 2. Click on the "Generate goals using AI" button
  • 3. Use natural language to describe your goals

Tability will then use your prompt to generate a fully editable OKR template.

How to improve existing OKRs with AI feedback

If you already have existing goals, and you want to improve them. You can use Tability's AI feedback to help you.

  • 1. Go to Tability's plan editor
  • 2. Add your existing OKRs (you can import them from a spreadsheet)
  • 3. Click on "Generate analysis"
AI feedback for OKRs in TabilityTability's Strategy Map makes it easy to see all your org's OKRs

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.

You can then decide to accept the suggestions or dismiss them if you don't agree.

Using the free OKR generator to get a quick template

If you're just looking for some quick inspiration, you can also use our free OKR generator to get a template.

Unlike with Tability, you won't be able to iterate on the templates, but this is still a great way to get started.

Our Product Management Team OKRs examples

You'll find below a list of Objectives and Key Results templates for Product Management Team. 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!

1OKRs to enhance proficiency as a product owner

  • ObjectiveEnhance proficiency as a product owner
  • KRComplete two relevant industry-recognized product management certifications
  • TaskEnroll in and complete required coursework for each certification
  • TaskSchedule and pass the certification exams
  • TaskResearch and select two industry-recognized product management certifications
  • KRLead three cross-functional team meetings to improve collaboration and project efficiency
  • TaskOrganize meeting date and agenda for cross-functional team discussion
  • TaskFacilitate effective collaboration during the cross-functional team meetings
  • TaskReview meetings' outcomes, identifying areas for increased project efficiency
  • KRImplement one new feature voted top by customers for the product by the deadline
  • TaskObtain customer feedback and identify top-voted feature
  • TaskRoll out the feature to all customers by the deadline
  • TaskDevelop and test the new feature thoroughly
Tability

2OKRs to improve personal productivity through effective time management

  • ObjectiveImprove personal productivity through effective time management
  • KRReduce wasted time in workday by 30% by streamlining tasks and minimizing interruptions
  • TaskEstablish 'Do Not Disturb' periods for focused work
  • TaskAutomate repetitive tasks where possible
  • TaskImplement a task management system for organized scheduling
  • KRImplement and follow a personalized time management system consistently for 90% of tasks
  • TaskFollow the outlined plan consistently across 90% of your tasks
  • TaskAssess and improve your system based on productivity results
  • TaskDefine your daily tasks using a personalized time management system
  • KRIncrease time spent on high-priority objectives by 25% each week
  • TaskIdentify and rank objectives based on their priority levels
  • TaskContinuously review and adjust your time allocation
  • TaskAllocate 25% more time weekly to top-priority tasks

3OKRs to successful transition from Service Delivery Manager to Product Manager

  • ObjectiveSuccessful transition from Service Delivery Manager to Product Manager
  • KRDevelop and present a new product idea or actionable improvement to the team
  • TaskConduct thorough market research and analyze potential customer needs
  • TaskPrepare and deliver a persuasive presentation to the team
  • TaskDevelop a comprehensive product concept or improvement proposal
  • KRGain foundational knowledge completing a Product Management certification by quarter-end
  • TaskSchedule study sessions to complete coursework
  • TaskEnroll in chosen Product Management course
  • TaskResearch suitable Product Management certification programs
  • KRShadow experienced product managers and attend at least 20 hours of PM meetings
  • TaskSchedule time blocks to observe PM meetings
  • TaskAttend minimum 20 hours of PM meetings
  • TaskIdentify experienced product managers to shadow

4OKRs to successfully mentor a novice product manager

  • ObjectiveSuccessfully mentor a novice product manager
  • KRFacilitate the prototyping of at least three product ideas under the mentee's lead
  • TaskSet review session for prototype evaluation and feedback
  • TaskSchedule meeting to discuss and select three product ideas
  • TaskGuide mentee in developing detailed product prototypes
  • KRDevelop comprehensive training plan focusing on key product management aspects within two weeks
  • TaskIdentify key aspects of product management for training
  • TaskFinalize and approve training plan within two weeks
  • TaskOutline a comprehensive training plan
  • KRBy quarter-end, achieve a 90% satisfaction rate, assessed by mentee's feedback
  • TaskProvide additional resources to meet mentee needs
  • TaskImplement suggested improvements from mentee feedback
  • TaskRegularly schedule feedback sessions with all mentees

5OKRs to successfully launch the Minimum Viable Product for Product Information Management

  • ObjectiveSuccessfully launch the Minimum Viable Product for Product Information Management
  • KRRelease the PIM MVP to at least 100 initial users for beta testing
  • TaskFinalize MVP of the PIM software for release
  • TaskIdentify and invite 100 initial beta testers
  • TaskDeploy MVP to the selected beta testers
  • KRObtain a 75% positive response rate from initial user testing and feedback
  • TaskDevelop user-friendly, engaging testing protocols
  • TaskIncentivize participants to promote response rates
  • TaskFollow-up consistently with participants for feedback
  • KRComplete development of core features for the MVP by 60% progress on the project timeline
  • TaskAllocate tasks to the development team
  • TaskReview and monitor team's progress regularly
  • TaskDefine required core features for the MVP

6OKRs to enhance the product management skills of our team

  • ObjectiveEnhance the product management skills of our team
  • KRIncrease successful project delivery rate by 20%
  • TaskEnhance communication and collaboration between teams
  • TaskImplement clearer project timelines and benchmarks
  • TaskRegularly monitor and adjust project strategies
  • KRConduct 2 comprehensive product management workshops
  • TaskIdentify and reserve suitable locations for both workshops
  • TaskDevelop a comprehensive curriculum for product management
  • TaskSchedule experienced speakers to present during workshops
  • KRComplete 5 cross-functional team projects for product management practice
  • TaskReview, document and evaluate project results
  • TaskIdentify and schedule 5 cross-functional team projects
  • TaskAssign roles and oversee project execution

7OKRs to enhance effectiveness as a product manager

  • ObjectiveEnhance effectiveness as a product manager
  • KRReceive positive feedback on communication and problem-solving in 80% of stakeholder interactions
  • TaskRequest constructive feedback after each interaction
  • TaskAcquire communication and conflict-resolution training
  • TaskImplement specific improvements from feedback received
  • KRComplete a communication skills course with a 90% pass rate
  • TaskConsistently study to understand all course materials
  • TaskResearch and enroll in a reputable communication skills course
  • TaskAim to achieve at least 90% in all assignments and exams
  • KRSolve 10 complex product issues independently and efficiently
  • TaskDevelop strategic solutions for each identified problem
  • TaskImplement the solutions and monitor their effectiveness
  • TaskAnalyze each product issue for effective problem identification

8OKRs to enhance Product Service Management Efficiency

  • ObjectiveEnhance Product Service Management Efficiency
  • KRIncrease product service team training sessions by 50%
  • TaskSchedule additional training sessions accordingly
  • TaskIdentify current number of weekly training sessions
  • TaskCalculate necessary increase to achieve 50% rise
  • KRImplement new software to decrease customer response time by 20%
  • TaskPurchase, install, and configure the identified software
  • TaskIdentify software capable of enhancing customer service response speed
  • TaskTrain customer service representatives on new software usage
  • KRImprove customer satisfaction rate on product services by 30%
  • TaskUpdate and upgrade product based on customer feedback
  • TaskEstablish a fast and effective complaint resolution procedure
  • TaskImplement regular training programs for customer service staff
Tability

9OKRs to obtain position as Director of Product

  • ObjectiveObtain position as Director of Product
  • KRObtain certification in product management
  • TaskEnroll in chosen certification program
  • TaskSuccessfully complete coursework and examination
  • TaskResearch suitable product management certification programs
  • KRLead cross-functional team in successful product launch
  • TaskAssemble cross-functional team from various departments
  • TaskDevelop comprehensive product launch strategy
  • TaskOversee and guide execution of launch plan
  • KRReceive positive feedback from peers and superiors on product leadership skills
  • TaskEarn respect through optimistic and decisive decision-making
  • TaskDevelop and showcase strong product knowledge regularly
  • TaskActively gather feedback after leading product meetings or presentations

10OKRs to enhance organisational acceleration with effective performance management system

  • ObjectiveEnhance organisational acceleration with effective performance management system
  • KRIncrease utilization of performance management system by 20%
  • TaskProvide regular feedback through the system
  • TaskConduct training sessions on performance management system usage
  • TaskDevelop incentives for frequent system usage
  • KRImprove average team performance scores by 30%
  • TaskDevelop and integrate comprehensive team training programs
  • TaskCreate a system of team performance incentives
  • TaskImplement regular, constructive feedback sessions
  • KRAchieve a productivity increase of 25% through the enhanced system
  • TaskEvaluate current system for potential productivity improvements
  • TaskImplement enhancements in the system that increase efficiency
  • TaskMonitor and adjust new system operations as needed

Product Management Team 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

Focus can only be achieve by limiting the number of competing priorities. It is crucial that you take the time to identify where you need to move the needle, and avoid adding business-as-usual activities to your 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

Having good goals is only half the effort. You'll get significant more value from your OKRs if you commit to a weekly check-in process.

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.

How to track your Product Management Team OKRs

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 TabilityTability's Strategy Map makes it easy to see all your org's OKRs

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 Management Team OKR templates

We have more templates to help you draft your team goals and OKRs.