Outturn

OGSM for marketing: setting clear goals and tracking ROI

Introduction

What is OGSM and why is it important for marketing?

In marketing, we understand how challenging it can be to set and maintain a clear course. OGSM, which stands for Objective, Goals, Strategies and Measures, is a powerful strategic planning tool that helps marketers overcome this challenge. It offers a structured approach to defining and achieving marketing goals, allowing teams to focus on what really matters.

We often see marketing teams struggling with fragmented strategies and unclear priorities. OGSM offers a solution by simplifying complex marketing plans into a clear and executable framework. By implementing OGSM, marketers can better align their efforts with business goals and achieve measurable results that directly contribute to the success of the organization.

The four components of OGSM explained

Let's dive deeper into the four essential components of OGSM. Objectives form the basis - these are the overarching, qualitative goals that your marketing team wants to achieve. Goals are the quantifiable targets that support these goals. Strategies describe the approach to achieving these goals, while measures are the specific metrics used to monitor progress.

We understand that it can sometimes be challenging to concretely fill in these components. That's why it's important to think critically every step of the way and incorporate input from different team members. By working together on these elements, you not only create a stronger plan, but you also generate more support within your team for the chosen direction.

Applying OGSM to your marketing strategy

Implementing OGSM into your marketing strategy may seem overwhelming at first, but rest assured — with the right approach, it will become a natural part of how you work. Start by formulating a clear, overarching goal for your marketing department. Then translate this into specific, measurable goals that are in line with broader business goals.

We've seen how organizations struggled with vague marketing plans but got a clear focus after applying OGSM. For example, an e-commerce company that wanted to increase its market share. By using OGSM, they were able to refine their strategy into concrete actions such as improving the user experience and optimizing their social media campaigns, with clearly measurable KPIs.

Measuring ROI using OGSM

One of the biggest challenges for marketers is demonstrating the return on investment (ROI) of their efforts. OGSM offers an excellent framework for this. By pre-defining clear measurement points (Measures) that are directly linked to your goals and strategies, you create a clear basis for ROI calculations.

We understand that it can sometimes be difficult to choose the right metrics. Our advice is to focus on metrics that are directly related to your business goals. For a B2B company, this may be the number of qualified leads, while an e-commerce company will focus more on conversion rates and average order value. By consistently monitoring and analyzing this data, you can concretely demonstrate the effectiveness of your marketing efforts.

Best practices for implementing OGSM in your marketing team

Implementing OGSM requires a structured approach and the involvement of the entire team. Start with a workshop where you jointly define the key elements of your OGSM plan. Make sure everyone understands the methodology and agrees with the chosen direction. It is crucial to schedule regular evaluation moments to discuss progress and make adjustments where necessary.

We've noticed that teams that successfully implement OGSM often use visual tools such as dashboards or scorecards. These make progress visible to the entire team and promote a culture of responsibility. Remember to celebrate successes - every goal achieved, no matter how small, is a step in the right direction and deserves recognition.

Common mistakes when using OGSM and how to avoid them

Although OGSM is a powerful tool, we often see organizations encounter certain challenges during implementation. A common mistake is setting goals that are either too ambitious or too cautious. It's important to set realistic but challenging goals that motivate your team without being overwhelming.

Another pitfall is neglecting the 'Measures' component. We understand that it can be tempting to focus on strategy and goals, but without clear metrics and actions, it becomes difficult to make progress. Therefore, pay sufficient attention to defining relevant and measurable KPIs. Finally, don't forget that OGSM must be a living document - regular review and adjustment are essential to keep it effective in a rapidly changing marketing environment.

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