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 - Purpose, Visualize Future & Values
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...
How to Set Objectives (OKRs)- Guide, Examples & Practices
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 - Learn Why Weekly Planning Matters
Stay focused on where you are heading as you go by effectively weekly planning in advance. Week plan helps you to prioritize your task to be effective Unless you’ve been living under a...
Benefits of Journaling - Help Boosts Focus & Productivity
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 - Time Management Methods - Productive Strategies
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
10 Best Goal-setting Planners for Achieving Success
Goal setting is essential to living a life with direction and purpose. However, merely jotting down your goals on a piece of paper won’t ensure success. You need a systematic and robust plan....
30 Best Morning Habits & Routines You Should Adopt
What you cultivate in the morning influences how you feel, act, and think during the rest of your day. Studies have shown that it takes you exactly twenty one days to form a...
7 Ways Building Momentum Can Reduce Procrastination
Learning how to beat procrastination is key for a productivity boost and reaching your goals. Momentum helps a lot in fighting procrastination by giving you the push to move from doing nothing to doing something....
13 Roles of Time Tracking in Employee Performance Evaluations
Are you tired of the same old boring performance reviews? Do you want to revolutionize your organization’s performance management process? Look no further than time tracking. In this blog, we’ll explore the significance...