Combining the two (Objective and Key Results), we now have effective OKR examples.
Example 1 (For Team/Individuals):
Objective: Create a specific diet plan according to every athlete’s track event
Key results:
- 10% increase in stamina for long distance runners
- 5% increase in speed of sprinters
Example 2: (For Companies/Departments):
**Objective:**Increase in employee engagement
Key Results:
- Decrease attrition rate from 7% to 3%
- At least 3 activities executed within each department
Example 3 (For Companies):
Objective: Increase company revenue by 10%
Key results:
- Get 50 new customers by end of the first quarter
- Reduce churn rate to 5%
The fundamentals of OKR may be old but is still very relevant up to this day. The framework has been spreading among individuals to companies and has significantly increased productivity.
While there may have been more other approaches that claim better results and numbers, the OKR approach remains a very solid and reliable one.
Clarify Your Vision to Know Where You’re Headed
Vision is knowing who you are (your purpose), knowing where you’re going (your picture of the future), and knowing the principles you need to guide your journey (your values). Think of vision as...
Learn Everything On How to Set Your Objectives
Goal-setting methods have increased in number and relevance over the past couple of years. This is largely due to the emergence of new companies and organizations pushing to thrive in this competitive world....
Start Weekly Planning - Know Why It’s Important
Unless you’ve been living under a rock, you have responsibilities to fulfill. From small things like walking your dog up to major milestones like starting a company, there are times when things get...
Consider Journaling - Know How It Helps
When people ask me how I started writing, I always remember the first time I attempted to write in my journal. Well, I didn’t know what to write back then. It’s funny how...
Glossary
Designed as a comprehensive resource, our extensive glossary of time management techniques and concepts serves as your gateway to exploring 100 different time management strategies, each meticulously detailed on its own dedicated page. ...
More Posts
15 Best blogs on productivity
Productivity depends upon two main factors: the quality of the work and the speed of performing that work. It’s pretty easy to fall victim to unproductivity when managing everything on your own. Productivity...
Lean and Agile Can Raise Personal Productivity
The Gig Economy and the modern business ecosystem have brought productivity to the center of everyone’s attention. People are figuring out new ways and approaches towards increasing their daily work-related output. Lean and...
5 Best Daily Task Planners for 2023 (Free & Paid)
Looking to achieve better results in less time? Discover the best daily task planners that can improve your performance and productivity. We have long used daily diaries and journals to manage and organize...
30 Games & Activities to Enhance Time Management
30 Games & Activities to Enhance Time Management When you hear the term ‘time management’, your heart races. Sweat beads on your forehead. You feel a crushing sense of urgency. Time’s running away,...