Head of Product OKR Examples

Launch product analytics solution

The goal of this objective is to launch a product analytics solution for all digital products by the end of the year

• Run a due-dilligence across 5 analytics tools
• Run a POC with a single solution within 2 weeks
• Sign up a contract, stay under $100k / year

Hire growth managers for the product team

The goal of this objective is to find new a way to grow our business in a non-traditional manner

• Provide a detailed description to HR and get approval from CEO
• Hold at least 50 interviews and short-list 5 candidates
• Hire and onboard 3 new growth managers

Develop product strategy for the upcoming year

The goal of this objective is to come up with a solid product strategy

• Run a competitive analysis across 5 markets for at least 10 competitors
• Define a set of innovative features to outsmart the competition
• Present the roadmap to the board and get the final approval

Increase customer satisfaction and retention

Develop a clear product strategy that aligns with company goals

• Conduct market research and gather customer feedback
• Develop a comprehensive product roadmap and plan
• Implement and execute product strategy and regularly review and adjust as needed

Build a strong and effective product team

Hire and retain top talent for the product team

• Develop and implement a recruitment strategy that targets top talent in the industry
• Conduct regular performance evaluations and provide ongoing feedback and support to team members
• Implement a system for tracking and rewarding top performers

Stay ahead of market trends and continuously improve product offerings

Maintain a strong product vision and ensure it is consistently communicated and executed

• Conduct regular competitive analysis to identify areas for improvement and innovation
• Collaborate with cross-functional teams to align product vision with overall company goals and strategy
• Regularly review and adjust product vision as needed based on market trends and customer feedback.