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OKR Generator AI based – an OKR target generator with artificial intelligence – with ChatGPT
Wouldn’t an OKR generator, AI-based, with artificial intelligence, such as with OpenAI or ChatGPT, which creates optimal OKRs, be helpful – at least inspiring? Anyone who has ever created an OKR set knows how time-consuming it is to create a good objective and good key results. AI-based OKR generators can be an enormous help here. With an AI-based OKR generator, companies now have access to a powerful tool that can support the creation of OKR sets.
In this article, we discuss what an OKR generator is, how an AI-based OKR generator works and the benefits of using an OKR generator in your company. We also provide an overview of which OKR generators are available free of charge and which OKR software or OKR tools already have OKR generators built in.
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What is an OKR generator?
An OKR generator is a software program that supports the creation and formulation of targets in the form of OKR sets. According to the OKR method, an OKR set consists of an objective and several key results. An AI-based OKR generator uses artificial intelligence to formulate these. With OpenAI and ChatGPT, an OKR set can be requested via a prompt, a chat conversation. The artificial intelligence then responds in the chat conversation with an objective and several key results.
The best thing about OKR generators is that there are free versions or versions that are available for testing without obligation and free of charge – as well as OKR software or OKR tools that already have OKR generators built in.
How does an OKR generator work?
An OKR generator is a tool that allows you to enter a strategic measure, for example, and formulate an objective and several associated key results.
An example of a strategic measure that was identified through a SWOT analysis as part of an annual planning workshop could be: Optimization of the online store for our customers in Spain in terms of payment processing, conversion and user-friendliness.
From this, an OKR generator could generate the following OKR set, for example:
Objective: Optimization of the online store for our customers in Spain in terms of payment processing, conversion and user-friendliness to increase sales.
Key Results:
- 1: Increase the conversion rate by 15 %.
- 2: Reduction of purchase abandonment during the payment process by 20%.
- 3: Increase customer ratings for the user-friendliness of the store by 25%.
- 4: Increase in the average order value by 10 %.
How does an OKR generator work AI-based – with artificial intelligence?
An OKR generator with artificial intelligence uses machine learning algorithms to analyze inputs and automatically generate OKRs based on them.
A generative language module is usually used for OKR generators. Due to their architecture and training on large amounts of text, these are able to automatically generate human-like texts. The model is usually based on a deep neural network built on the Transformer architecture. By training on the basis of a large amount of text, the software is able to recognize statistical relationships between words and sentences and thus generate coherent and meaningful texts.
A generative language module is able to generate texts such as answers to questions. With OKR generators, for example, the question is: “Create an OKR set based on strategic measure XY”. The generative language module’s response to this is the objective and several associated key results.
How does an AI-based OKR generator work – with ChatGPT?
The abbreviation GPT stands for Generative Pre-trained Transformer. This is a deep neural network based on the Transformer architecture. It was achieved through anticipatory training on large volumes of text. The model contains a stack of encoder-decoder blocks – this makes it possible to model the context dependency on the one hand and the autoregression of texts on the other.
The idea behind GPT is to pre-train the model on a large amount of text in order to store general language and text patterns. Once the model has been trained, it is able to handle a variety of tasks related to human language and text production. This includes text generation, text classification, text processing and other requirements.
GPTs can produce more natural, human-like results than previous statistical methods.
How can ChatGPT generate OKR sets?
The following is an example of how OKR sets can be generated with ChatGPT. The OKR set can be generated for ChatGPT via the following prompt, as in the example:
Write an OKR for the initiative: Optimization of an online store for our customers in Spain in terms of payment processing, conversion and user-friendliness.
ChatGPT generates an objective and 5 key results in response to the input. However, the quality of the output from ChatGPT (as of April 2023) is not quite optimal. The key results generated by ChatGPT contain time specifications between three and twelve months, which we have removed in the example above. This is because OKRs are typically prepared for a fixed cycle of between two and four months, typically for a quarter.
For optimal OKR sets, the prompt of an OKR generator must therefore be optimized. The underlying Generative Pre-trained Transformer technology is suitable for this. Most OKR generators are probably based on ChatGPT. However, they differ significantly in their output. The quality of the output depends on how sophisticated the prompts are and which inputs are processed.
Why should an OKR generator be used?
The use of an OKR generator can provide suggestions for formulating objectives and key results and thus contribute to setting optimal goals. An OKR generator can provide suggestions that can be discussed with the team and serve as inspiration. This allows teams to counteract the “cold start challenge” and use an OKR generator as an “ice breaker” to get an OKR planning or OKR drafting meeting up and running.
An OKR generator can be very helpful, especially in the area of key figures. Ideally, key results should contain lead metrics and not lag metrics or vanity metrics.
The advantages of an AI-based OKR generator
The use of an AI-based OKR generator offers numerous advantages. Artificial intelligence enables OKR targets to be generated quickly and easily at the touch of a button. The quality of the OKR sets significantly influences the benefits of OKR. OKR sets should therefore be optimally formulated. In particular, this means that objectives and key results should not be tasks, but outcome-oriented goals, i.e. oriented towards results, benefits, impact or value added. Good OKR generators support teams in formulating optimal OKR sets.
Some OKR generators can also formulate initial tasks or initiatives in addition to the OKRs created so that teams have initial inspiration on how to get started in the OKR cycle.
Is there an OKR generator offered free of charge? The answer is yes – there are even several.
We also have a free OKR generator for testing, which is probably one of the most advanced generators in terms of parameterization options.
Use an OKR generator free of charge
Is there an OKR generator offered free of charge? The answer is yes – there are even several.
We also have a free OKR generator for testing, which is probably one of the most advanced generators in terms of parameterization options.
Which OKR software or OKR tools have an integrated AI-based OKR generator?
On the OKR.Software comparison portal, you can compare the most innovative OKR software solutions and OKR tools at the touch of a button. Register for free, compare the functions and request a demo or free trial version.
