Industry leaders have expressed their views on the developments expected in 2023, particularly in technology and business. They emphasize the growing importance of cloud-native technologies and the need for increased software quality and security. They also stress the need for existing software teams to enhance their efficiency to remain competitive and manage workforce demands.
Speaking of challenges and bottlenecks, the major concern that every software development team faces is managing deployment time which are mostly unpredictable. No matter how productive and skillful the developers are, new issues and challenges still arise. The team has to grow immune to challenges in software development’s recent trends.
Listed are some of the top OKR examples by Profit.co for the software development team. This provides the ultimate guide and tips to companies to drive goals by staying productive and, at the same time, by avoiding common mistakes.
Let’s dive into the software development team OKR examples that will help you with the goal-setting framework no matter what type, size, and scope of your product and organization.
Objective #1 | Improve the release quality | ||||
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KR 1 | Reduce the number of bugs getting reported after a new release from 20 to 5 | KR type | Decrease KPI | KPI | # of Errors |
KR 2 | Increase the average number of end users testing product updates in beta from 3 to 6 | KR type | Increase KPI | KPI | # of users |
KR 4 | Increase code unit test coverage from 80% to 90% | KR type | Increase KPI | KPI | Unit Test Coverage |
#1: Improve the release quality
Improving the release quality can help you cope with bug deduction and product testing updates in beta. With regard to software development increasing code unit test coverage can help to correlate with the parameters of release updates
Objective
Improve the release quality
Target Date: Q2-2023
Visibility: All Employees
Key Results
Reduce the number of bugs getting reported after a new release from 20 to 5
Increase the average number of end users testing product updates in beta from 3 to 6
Increase code unit test coverage from 80% to 90%
Objective #2 | Improve the product UI/UX | ||||
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KR 1 | Conduct UX research | KR type | Percentage tracked | KPI | – |
KR 2 | Identify and fix 10 UX issues to avoid multiple clicks | KR type | Increase KPI | KPI | UX Issues |
KR 3 | Implement 15 menu consolidations | KR type | Increase KPI | KPI | # of Consolidations |
KR 4 | Improve 15 work flows | KR type | Increase KPI | KPI | # of Workflows |
#2: Improve the product UI/UX
Improving UI is a challenging yet exciting task with a need to make the software visually stimulating with an attractive interface that aligns with the business goals.
The following key results serve such purposes well at a reduced deployment time.
Objective
Improve the product UI/UX
Target Date: Q2-2023
Visibility: All Employees
Key Results
Conduct UX research
Identify and fix 10 UX issues to avoid multiple clicks
Implement 15 menu consolidations
Improve 15 work flows
Objective #3 | Improve software product quality | ||||
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KR 1 | Increase bug fixes from 50 to 100. | KR type | Increase KPI | KPI | # of Bugs |
KR 2 | Implement at least 15 stunted flows | KR type | Increase KPI | KPI | # of Flows |
KR 3 | Improve product availability from 99% to 99.9% | KR type | Increase KPI | KPI | Product availability |
KR 4 | Increase user satisfaction from 80% to 90% | KR type | Increase KPI | KPI | User satisfaction score |
#3: Improve software product quality
The product quality, the process, and the project are closely associated with product availability, user satisfaction with a smooth experience, and an uncompromising security score. Focusing on such metrics can help you maintain product quality.
Objective
Improve software product quality
Target Date: Q-2023
Visibility: All Employees
Key Results
Increase bug fixes from 50 to 100.
Implement at least 15 stunted flows
Improve product availability from 99% to 99.9%
Increase user satisfaction from 80% to 90%
Objective #4 | Improve product stability | ||||
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KR 1 | Decrease prod issues from 10 to 5 per month | KR type | Decrease KPI | KPI | # of Production Issues |
KR 2 | Ensure APIs response time is within 400 ms | KR type | Control KPI | KPI | APIs response time |
KR 3 | Decrease production exceptions from 2000 to 200 | KR type | Decrease KPI | KPI | # of Production exceptions |
KR 4 | Decrease trackJS errors from 30 to 0 | KR type | Decrease KPI | KPI | # of TrackJS errors |
KR 5 | Increase product stability from 99% to 99.9% | KR type | Increase KPI | KPI | Product stability |
#4: Improve the release quality
Product stability can be improved by focusing on the ability of the product to function continuously over a period of time without any error. And the examples given below can help you achieve such goals with successful results.
Objective
Improve product stability
Target Date: Q2-2023
Visibility: All Employees
Key Results
Decrease prod issues from 10 to 5 per month
Ensure APIs response time is within 400 ms
Decrease production exceptions from 2000 to 200
Decrease trackJS errors from 30 to 0
Increase product stability from 99% to 99.9%
Objective #5 | Expand our product functionality through integration with other solutions | ||||
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KR 1 | Enhance and improve 5 existing integrations from 2 to 5 | KR type | Increase KPI | KPI | # of Integrations |
KR 2 | Release top 5 new integration solutions | KR type | Increase KPI | KPI | # of Integrations |
KR 3 | Release 10 SSO integration | KR type | Increase KPI | KPI | # of SSO Integrations |
KR 4 | Increase user satisfaction from 80% to 90% | KR type | Increase KPI | KPI | User satisfaction score |
#5: Expand our product functionality through integration with other solutions
Integrating the product with other definite solutions at the market can help you combine various platforms into unified software architecture to increase functionality and improve the convenience of customers.
Definitely, you need KRs that improve and enhance integration solutions.
Objective
Expand our product capabilities through integration with other solutions
Target Date: Q2-2023
Visibility: All Employees
Key Results
Enhance and improve 5 existing integrations from 2 to 5
Release top 5 new integration solutions
Release 10 SSO integration
Increase user satisfaction from 80% to 90%
Objective #6 | Build a world-class product team | ||||
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KR 1 | Hire 5 highly skilled software engineers | KR type | Increase KPI | KPI | New software |
KR 2 | Increase well-being program from 1 to 3 for team members | KR type | Increase KPI | KPI | # of team members |
KR 3 | Increase competency rating for software engineers from 70 to 90 | KR type | Increase KPI | KPI | Competency rating |
#6: Build a world-class product team
Building an efficacious product team that would deliver world-class skilled developmental milestones would certainly contribute to the overall growth of the company. Focusing on the soft skills and well-being of the team members is an added advantage.
Objective
Build a world-class product team
Target Date: Q2-2023
Visibility: All Employees
Key Results
Hire 5 highly skilled software engineers
Increase well-being program from 1 to 3 for team members
Increase competency rating for software engineers from 70 to 90
Objective #7 | Improve business continuity (BCP) | ||||
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KR 1 | Ensure there are zero data breach incident in the application and in the infrastructure | KR type | Control KPI | KPI | Data breach incidents |
KR 2 | Reduce SLA violations for production applications from 5 to 2 | KR type | Decrease KPI | KPI | SLA violations |
KR 3 | Increase application availability from 99% to 99.9% | KR type | Increase KPI | KPI | Application availability |
#7: Improve business continuity (BCP)
The organization’s ability to withstand environmental, operational and developmental risks and disasters by preventing interruption to business operations, meeting customer needs and product developmental delays, and surviving the challenges with the aim to improve business operations availability, efficiency and customer satisfaction. Following is a sample Objective and Keys Results for achieving your BCP goals.
Objective
Improve business continuity (BCP)
Target Date: Q2-2023
Visibility: All Employees
Key Results
Ensure there are zero data breach incident in the application and in the infrastructure
Reduce SLA violations for production applications from 5 to 2
Increase application availability from 99% to 99.9%
Objective #8 | Engage mobile users | ||||
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KR 1 | Launch 3 voice assistant integrations (Siri, Google Assistant, & Cortana) | KR type | Task tracked | KPI | – |
KR 2 | Increase Android & iOS installs from 500 to 2000 | KR type | Increase KPI | KPI | # of Installs |
KR 3 | Increase app store and play store rating from 4.2 to 4.5 | KR type | Increase KPI | KPI | Play store rating |
#8: Engage mobile users
App engagement and user retention on the critical criteria to convert a curious first time user into a regular user and key results focusing on that will help you engage maximum number of users with higher retention rate.
Objective
Engage mobile users
Target Date: Q2-2023
Visibility: All Employees
Key Results
Launch 3 voice assistant integrations (Siri, Google Assistant, & Cortana)
Increase Android & iOS installs from 500 to 2000
Increase app store and play store rating from 4.2 to 4.5
Objective #9 | Reduce the software development cycle time (SDLC) | ||||
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KR 1 | Increase the sprint velocity of the software development team from 15 points to 25 points. | KR type | Control KPI | KPI | Sprint velocity |
KR 2 | Reduce the average volume of bugs per release from 15 to 5. | KR type | Decrease KPI | KPI | Volume of bugs |
KR 3 | Decrease the average Q/A code evaluation time by 50% | KR type | Decrease KPI | KPI | Code evaluation time |
#9: Reduce the software development cycle time (SDLC)
As long as you manage and stay committed to reducing the time taken from production to release, you can focus on delivering the product on time, concerning the client’s suggestions and demands. Framing such key results can increase your efficiency for timely delivery.
Objective
Reduce the software development cycle time (SDLC)
Target Date: Q2-2023
Visibility: All Employees
Key Results
Increase the sprint velocity of the software development team from 15 points to 25 points.
Reduce the average volume of bugs per release from 15 to 5.
Decrease the average Q/A code evaluation time by 50%
Objective #10 | Improve SW product performance | ||||
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KR 1 | Reduce product page load time from 5 sec to 2 Sec | KR type | Decrease KPI | KPI | Page load time |
KR 2 | Reduce web page image size from 500 kb to 300kb | KR type | Decrease KPI | KPI | Image size |
KR 3 | Maintain server resources utilization of not more than 80% | KR type | Control KPI | KPI | Server resources utilization |
KR 4 | Implement CDN solution (Milestone KPI) | KR type | Milestone KPI | KPI | Launch product |
#10: Improve SW product performance
Focusing on Key results that build predictable performance of the product yields a functional solution that satisfies operational performance. Also, it improves the speed of the product by keeping the customer engaged.
Objective
Improve SW product performance
Target Date: Q2-2023
Visibility: All Employees
Key Results
Reduce product page load time from 5 sec to 2 Sec
Reduce web page image size from 500 kb to 300kb
Maintain server resources utilization of not more than 80%
Implement CDN solution (Milestone KPI)
Conclusion
You might find inspiration in the OKR examples provided above. While starting the implementation of OKRs among your team and department may seem easy, the process can become challenging. To effectively manage this, collaborate and engage teams by distributing individual tasks, tracking progress, and conducting regular OKR reviews. Manage timelines diligently and ensure transparency and visibility across the organization.
Many leading software companies, including Google, Apple, and Intel, utilize OKRs to drive business growth and development. By integrating OKR software into your strategy, you too can harness this powerful tool to enhance performance and achieve organizational goals.
Enroll today with Profit.co and enjoy expert guidance to implement OKRs in your company right away!