Menu

OKR Examples and Components: A Practical Guide

21 January 2022 | 4 Minute
user Sorwe
Previous article
5 Reasons Why You Need a Digital Employee Experience in 2022
OKR Examples and Components: A Practical Guide

OKR examples and components include the objective, key results, and initiatives that together turn strategy into measurable action across teams like sales, marketing, and product.

Objectives and Key Results (OKR) is a goal-setting framework that helps organizations close the gap between strategy and execution by aligning employees and their work around a single goal. Writing good OKRs can be the difference between a successful OKR program and a failure.

The Core Components of an OKR

Objective

An objective is a statement that outlines where you want to go and gives you a clear path to follow. It shouldn't be technical or contain a metric. Everyone on the team should understand it easily.

Key Results

Key results show how close you are to achieving your goal. They are measurable outcomes that must be met to fulfill the objective, including a defined starting and ending value.

Initiatives

An initiative is the plan that outlines how you'll achieve your goals. These are the projects and tasks that help you reach a specific objective.

How to Start Writing OKRs

Setting OKRs that generate meaningful results requires a shift from an output mindset to an outcome mindset.

Before identifying the output needed, start with the end in mind to determine the outcome you want. That means beginning with the objective, then the key results, and finally the initiatives.

Use the OKR examples below to spark ideas. Avoid copying them directly—encouraging ownership and accountability matters more than having "perfect" OKRs.

OKR Example for Sales

Objective: Improve our team's overall sales performance.

1. KEY RESULT: Maintain a quarterly sales pipeline of qualified leads worth at least $500,000.

2. KEY RESULT: Increase the closure rate from 22% to 27%.

3. KEY RESULT: Increase the number of scheduled calls per sales agent from three to six each week.

4. KEY RESULT: Increase the average contract size from $10,000 to $12,000.

OKR Example for Marketing

Objective: Our target audience finds our content intriguing (1) and of excellent quality (2), which piques their interest (3) and draws in additional thought leaders (4).

1. KEY RESULT: Every week, the click rate rises by 2%.

2. KEY RESULT: The average content rating is now 0.5 points higher.

3. KEY RESULT: The download rate of content has increased by 7%.

4. KEY RESULT: Our pipeline for guest appearances grows by 5%.

OKR Example for Operations

Objective: Improve the engineering team's speed of delivery.

1. KR: By completing 80 percent of sprint commitments, you'll be able to increase sprint capacity.

2. KR: For QA, bake for a further 50 minutes.

3. KR: Expand the scope of unit testing to include all essential processes.

OKR Example for Product Development

Objective: Our consumers are eager to learn about our new releases (1), which motivates them to try out new features (2) and use our product more frequently in their everyday duties (3).

1. KR: Our newsletter unsubscribe rate has remained consistent at around 2%, but attendance at new feature launch events has increased by 15%.

2. KR: Increase the first-month feature adoption rate to 28%.

3. KR: Increase the number of essential actions completed per person every week to 25.

OKR Example for Sustainability

Objective: Make our industry's carbon footprint the smallest.

1. KR: Zero waste in the supply chain and shipping infrastructure.

2. KR: For calculated carbon dioxide emissions, pay a 100 percent carbon offset.

3. KR: Compostable material accounts for 25% of the total.

4. KR: Biodegradable material accounts for 75% of the total.

Frequently Asked Questions

What are the main components of an OKR?

An OKR consists of three components: the objective (a clear qualitative goal), key results (measurable outcomes that track progress), and initiatives (the specific projects and tasks used to achieve the goal).

How many key results should an objective have?

Most objectives work best with two to five key results. This keeps the OKR focused while still capturing enough measurable outcomes to prove progress.

What is the difference between an objective and a key result?

An objective describes where you want to go and is qualitative, without metrics. A key result is measurable and shows how close you are to achieving that objective, with a starting and ending value.

How do you start writing OKRs?

Start with the outcome you want to achieve, not the output. Define the objective first, then the key results, and finally the initiatives that will help you reach them.

Can OKR examples be copied directly for my team?

No. OKR examples should be used as inspiration only. Copying them directly reduces ownership and accountability, which are essential for a successful OKR program.

Next article
Why Is OKR Motivating for Employees? How to Explain It
Related Articles

Digital Employee Experience Platform

All the tools you need to recruit, retain, develop and reward your high performing remote, office or store based teams.
Create Demo Account
Free for 15 days, explore all the features.
Explore Sorwe in 15 minutes
Book a slot with our expert.