Product Owner OKR Examples

Coach the development team

The goal of this objective is to make sure our dev team knows the product they are building

• Create a physical product metrics dashboard for the dev team
• Run 3 design thinking workshops with the dev team
• Let every developer suggest 1 feature and let him/her deploy it

Double the conversion rate from install to active user

The goal of this objective is to reduce the churn in the first few minutes

• Run a survey across all regions to figure out 5 pain points
• Run 10 a/b tests to improve the experience
• Introduce and test manual concierge service

Find 10 customer pain points and create a plan on how to fix them

The goal of this objective is to improve the customer experience of our product

• Setup at least 10 customer funnels in Mixpanel
• Setup a triggered automatic survey on dropouts
• Create 3 different prototypes and run 10 customer validation meetings each

Increase MRR

Measuring MRR

• Achieve 10% increase in MRR within 3 months
• Implement new pricing strategies and experiment with different pricing models
• Track MRR on a weekly basis and report to management

Improve customer retention

Setting up experiments to increase MRR

• Increase customer retention rate by 15% within 6 months
• Conduct user surveys and gather feedback on pricing and product features
• Implement new features and pricing options based on customer feedback

Improve data-driven decision making

Creating weekly user analytics report

• Generate weekly user analytics report and share with management
• Track user engagement and usage patterns on a weekly basis
• Identify trends and insights from user data and make recommendations for improvement