A data-driven biotech innovator is transforming how researchers uncover new insights from complex biomedical data. With a growing portfolio of cutting-edge solutions, the company partnered with Stellafai to implement a robust Objectives and Key Results (OKR) framework, supported by hands-on coaching and a powerful digital platform. They set ambitious goals to scale operations, enhance customer satisfaction, and achieve aggressive revenue targets.
The Challenge
The organisation’s leadership identified several key obstacles standing in the way of its growth goals:
- Alignment Across Teams:
- No central framework ensured all teams worked toward unified strategic objectives.
- Disparate systems and processes made tracking progress and measuring outcomes difficult.
- Operational Complexity:
- Key operational bottlenecks, such as long release cycles and inefficient processes, slowed the delivery of value to customers.
- Customer Value Realisation:
- The company needed to better understand customer needs and demonstrate ROI more effectively to drive retention and expansion.
- Scaling Ambitions:
- With plans for international expansion and rapid ARR growth, the company required stronger foundations to scale sustainably.
The Stellafai Solution
Stellafai worked closely with the organisation to address these challenges, delivering a comprehensive solution that combined expert coaching, training, and the Stellafai platform.
1. Strategic OKR Framework & Blueprint Development
- Facilitated the development of an OKR framework and strategic objectives for the entire organisation.
- Conducted workshops to identify and prioritise strategic goals.
- Provided iterative coaching sessions to refine OKRs at the team level and defined a blueprint for OKR implementation.
2. Leadership and Team Coaching
- Delivered ongoing coaching for leadership and teams, embedding OKRs into daily workflows.
- Conducted OKR 101 training sessions to equip the organisation with foundational knowledge of the framework.
3. Stellafai Platform Adoption
- The Stellafai platform became the central hub for tracking OKRs, monitoring progress, and fostering accountability across the organisation.
The Transformation
Through its partnership with Stellafai, the organisation experienced significant changes in its operations and execution against goals.
Key Highlights
- Aligned Teams:
- Set clear OKRs to align teams with measurable outcomes tied to strategic priorities.
- Implemented cross-functional account development strategies for key customer accounts.
- Improved Execution:
- Reduced release cycles from 90 days to 40 days.
- Shortened the time to deploy internal tools by 75%.
- Achieved a 25% increase in time spent on data science activities by addressing operational inefficiencies.
- Customer-Centric Outcomes:
- Conducted 15 customer interviews to understand needs and value drivers, leading to the identification of top initiatives.
- Developed five new solutions to address customer challenges, each with demonstrable ROI.
- Stronger Foundations for Growth:
- Created a five-year financial model to guide strategic decision-making.
- Initiated U.S. operations and established new policies to support scalable growth.
Key Outcomes
The organisation’s transformation is reflected in its measurable achievements:
1. Operational Efficiency:
- Release Cycle Improvement: Shortened release cycles by 55%, achieving a 40-day average.
- Team Productivity: Increased time spent on core data science activities by 84%.
2. Customer Value:
- Conducted 15 customer interviews, resulting in five case studies demonstrating product ROI.
- Implemented a value-based prioritisation approach to align product development with customer needs.
3. Team Engagement:
- 100% of people managers completed leadership and coaching training, boosting management capability by 25%.
- Achieved a 100% increase in training hours logged by employees.
4. Scalable Growth Foundations:
- Established a U.S. operational framework, including payroll, tax registrations, and legal contracts.
- Developed a detailed five-year financial model for long-term planning.
Looking Ahead
The organisation is well-positioned to build on its recent successes. Immediate focus areas include:
- Accelerating ARR Growth: Closing additional new business deals and scaling customer renewals.
- Customer Retention and Expansion: Using value-based insights to deepen customer relationships and expand account footprints.
- Global Expansion: Fully operationalising U.S. activities and exploring additional markets for growth.
With Stellafai’s continued support, the organisation is poised to achieve its ambitious goals while maintaining a focus on operational excellence and customer success.