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
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...
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
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
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...
More Posts
Week Plan Updates: Introduces Some More Great Features
What’s New in Week Plan 2.113.3?
Time Management Courses - The Complete List
1 - Productivity and Time Management for the Overwhelmed (Udemy) This course will be centered around three regions or segments. Each is intended to expand on the other. In our first area, we...
15 Mistakes Entrepreneurs Make in Weekly Planning
The success of any business revolves around planning, and this is what all the drama is about. When we talk about growth, productivity, and time management, it is always wise to plan very...
Habit 5: Seek First To Understand, Then to Be Understood
Summary of Habit 5 Covey describes the significance of being understanding, then to be understood as Habit 5. According to him, people usually listen with the intent to reply, not to understand, which...