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
8 Best Schedule Planners for effective Time Allocation
In our fast-paced world, effective time management has become a necessity rather than a luxury. Having a reliable schedule planner can significantly boost productivity and efficiency for personal tasks or professional projects. This...
10 Common Signs of Procrastination
Introduction: Understanding Procrastination Our brains are great at making it seem like we’re doing a lot. Signs of putting things off include spending too much time planning without acting, doing work at the...
Top 8 must-have skills for every Entrepreneur
Every entrepreneur is a leader, and leadership roles are highly demanding. There is always a host of expectations to meet and a tremendous amount of pressure to handle. This is especially true for...
7 Effective Time Management Tips for Job Seekers
Looking for a job can feel overwhelming. Yet, managing your time well can make it better. To be more productive, create a daily plan that includes job searching and personal activities. Set goals...