Initiative: Develop a social media campaign. Before we dive into how to create OKRs, lets walk through the difference between objectives, key results, and tasks. There are 4 key reasons OKR users find success Common Language: Translating long-term strategies into actionable quarterly focus. Objective: Improve the returned goods experience. All Rights Reserved Smartsheet Inc. Objective: Improve fourth- to sixth-grade math scores. Deliver project consistency and visibility at scale. Hence it is utmost important for any organization to align the objectives with the strategic direction. To learn more about how OKRs can help you, see the "Essential Guide to OKRs.". ClickUp Goals (made public or private) can be used to track any measurable achievement. These examples focus on garnering more attention for the business and, thereby, more revenue. kr1. HR Compliance OKR Examples Objective 1: Ensure effective compliance in the workplace Key Results: KR1: Research 5 HR software options with built-in compliance safeguards and select one to start using KR2: Perform an HR compliance audit on 5 main areas KR3: Resolve 90% of HR compliance-related complaints within 48 Key results typically include hard numbers. Joe Weller, March 31, 2020 Objective: Complete employee reviews efficiently and on time. Find more sales OKR examples in our guide. Companies want to achieve 100% of their committed OKRs. You know this means that senior executives and your Audit Committee wonder if re-assessing more frequently would ensure the right risks are being reviewed at the right time. Technology OKRs can cover the gamut from improving product speed and development speed to creating case study content and conducting user tests. Use these examples to help jump-start your thinking. Objective: Improve our brand presence through media channels to strengthen brand as a leader. Unfortunately, company jargon excludes people that dont have the resources to decode, and its not productive (or fair!) WebCreate the lowest carbon footprint in our industry. Create a community amongst our customers. kr1. Automate business processes across systems. OBJECTIVE: Create a community for our partners/resellers (MQLs). All you need to know about building a brand. This evidence must be verifiable and accessible. Deliver results faster with Smartsheet Gov. Introduced and popularized in the 1970s at Intel, it has since spread throughout technology companies as a way to help employees understand and be engaged in an enterprise's charter. Creating OKRs that arent aligned with your organizations strategic direction. There are 4 key reasons OKR users find success Common Language: Translating long-term strategies into actionable quarterly focus. Companies should use an employee communication platform available on both mobile and desktop to meet the needs of a hybrid workforce. OKRs (Objectives and Key Results) is methodology for goal setting where an objective outlines a desired outcome and is supported by 3-5 quantifiable and measurable key results to achieve that outcome. KR: Double employee Build easy-to-navigate business apps in minutes. Try Smartsheet for free, today. Using the above IT security OKRs as an inspiration, the IT organizations can start framing their own security OKRs to monitor and track the IT security policies and procedures. Examples of OKRs for the HR Team HR Objective 1: Select 40 new franchise candidates by March Key Results: Receive 500 resumes before January Select 60 interview candidates by February Choose 40 of the interviewees before March Examples of OKRs for the Training Team: Training team Objective 2: Train 30 of them by June Key (updated July 27, 2021). There are 4 key reasons OKR users find success Common Language: Translating long-term strategies into actionable quarterly focus. Move faster with templates, integrations, and more. Create a team of engaged and happy colleagues. WebAnd 45 Examples of Great OKRs What is the OKR methodology? Pay 100% carbon offset for calculated carbon dioxide emissions. Objective: Grow sales among art students. Improve the Engineering teams speed of delivery. Instead, start each Key Result with an action verb and continue the sentence with a description of what will be delivered with evidence of completion. KR: Survey employees weekly. OKRs encourage you to focus on accomplishing a few milestones you should aim to have no more than three to five corporate objectives, with no more than five key results for each objective. Objective: Successfully launch a beta version of the product. Patch Management: It is the process of distributing and applying updates to applications. HR OKR examples for Recruiting Objective: Create the A-Team Key results: Hire 5 A-class engineers this quarter Increase the quality of hire from 30% to 60% Maintain cost per hire at $4,000 Objective: Make recruiting great Key results: Increase employee retention rate from 80% to 95% Increase in hiring manager satisfaction from Web Company OKR Examples Try in Mooncamp Objective Delight our customers Key Results Achieve NPS of at least 45 Increase CSAT score to at least 75% Increase customer retention to 97% Try in Mooncamp Objective Grow our global business Key Results Grow revenue to $100M in the US Grow revenue to $30M in the EMEA region Strategic plannning software designed for leaders of mid-sized organizations to align, design, execute, and report on their strategic plan. KR 1 : Decrease the time taken (MTTD) by the cybersecurity team or security operations center to become aware of a potential security incident (on average) from 10 mins to 5 mins, KR 2 : Decrease the percentage of employee population falling for phishing attempts from 20% to 8%, KR 3 : Reduce the botnet infection rate per month from 200 to 100, Decrease the time taken (MTTD) by the cybersecurity team or security operations center to become aware of a potential security incident (on average) from 10 mins to 5 mins, Decrease the percentage of employee population falling for phishing attempts from 20% to 8%, Reduce the botnet infection rate per month from 200 to 100, IT Security Training: It is the knowledge and attitude members of an organization possess regarding the protection of the physical, and especially informational, assets of that organization./p>, KR 1 : Increase % of employees in security roles receiving specialized security training (eg. Report: Empowering Employees to Drive Innovation, Goal-Setting OKR Example for an Entire Company, Example OKRs for Technology/Engineering/R&D, Example OKRs for Top Management/Leadership, Improve OKR Tracking with Real-Time Work Management in Smartsheet. Learn how the Smartsheet platform for dynamic work offers a robust set of capabilities to empower everyone to manage projects, automate workflows, and rapidly build solutions at scale. Objective: Create a partners and resellers site. Waitarent key results the same as tasks? Browse our OKR examples library below, and feel free to use any examples as a jumpstart to your team OKRs! They must describe a deliverable in the form of a measure (e.g., 15% growth in customer retention) or in the form of a clear result of effort (e.g., Launch a new CRM by June 30, 2020). If not, it will create barriers to project management and ultimately hurt a businesss success. Information Security management provides the strategic direction for security activities and ensures that objectives are achieved. It helps create alignment and engagement around measurable goals. Objective: Improve our brand presence through media channels to strengthen brand as a leader. Product management OKRs often involve improving a product or generating interest in a product. kr4. What are the key metrics that will indicate success for the objective? kr3. A project management tool encourages teams to own their progress to achieve the shared objectives. As an example, your Internal Audit team knows that the audits you add to your audit plan in January may not be as relevant as you approach the end of that audit plan year. Objective: Improve our brand presence through media channels to strengthen brand as a leader. Support the sales team by bringing in as many qualified leads as possible. Or waste hours of their day digging for information to get their tasks completed. NIST 800-50) from 50% to 75%, KR 2 : Increase the average security awareness training score from 70% to 80%, KR 3 : Increase the complexity of average password strength for all logins from strong to very strong, Increase % of employees in security roles receiving specialized security training (eg. Streamline requests, process ticketing, and more. Web#4: HR Compliance Team OKRs Objective David Griffin Ensure Adequate HR Compliance 44% Target Date: Q3-2020 Visibility: All Employees Key Results Achieve 90% or above rating in quarterly HR compliance audit Q3-2020 Compliance Rating 45% 135% 68% 20% Resolve 95% of HR compliance related complaints in under 2 business days Q3-2020 Objective: Gain 15 percent more conversions from new e-book. Objective: Deliver a design for the drawing wizard. Resist copying them outright as inspiring ownership and accountability among your team are more important than perfect OKRs! It evaluates if the system is susceptible to any known vulnerabilities, assigns severity levels to those vulnerabilities, and recommends remediation or mitigation, if and whenever needed, KR 1 : Decrease the number of undetected intrusion attempts within a given period from 2% to 0%, KR 2 : Reduce the number of unidentified devices on a network at any point of time from 5 to 0, KR 3 : Reduce the number of spoofing attacks IP Address Spoofing, DNS Spoofing, HTTPS Spoofing from 200 to 10 per day, Decrease the number of undetected intrusion attempts within a given period from 2% to 0%, Reduce the number of unidentified devices on a network at any point of time from 5 to 0, Reduce the number of spoofing attacks IP Address Spoofing, DNS Spoofing, HTTPS Spoofing from 200 to 10 per day. But I think it's critically important to go with a reasonable number like, three objectives and no more than four or five KRs for each of those objectives.". KEY RESULT:Increase close rate from 22% to 27%. Marketing Examples Example 1. If you're interested in learning more about the difference between OKRs and SMART goals, read this article comparing the difference between the two. Instead of a cascading approach, the process isbi-directional theOKR setting processincludes everyone in the company! OBJECTIVE: Launch the new monthly newsletter successfully. Strategic planning services and OKR consulting to help you build a plan for sustainable growth. So if youve completed at least 70% of your aspirational OKRs, consider it a success! It is also possible to check on the key achievements and progress for every quarter and know the level of offensity that has been built by driving the OKRs. Blueprints for software team productivity, Reduce operational time and risk with automation. Objective: Design and develop a new product. WebHR Compliance Headcount Ratio The total number of firm-wide staff divided by the number of HR compliance full-time equivalent staff. OKR (Objectives and Key Results) is a goal-setting framework that helps a business define individual and company goals while devising a way to measure them. Check out our OKR examples organized by team below! Once you have a balance of both aspirational and operational CEO-level OKRs, you can then begin to cascade goals throughout the rest of the company to achieve organizational alignment. Objective: Attain highest-ever employee satisfaction score. If you aren't sure where to start with writing your OKRs, take a look at our OKR examples including company-wide examples, OKR examples for executives, and OKRs for specific departments in your organization. WebLets take a look at 10 excellent examples of procurement OKRs that encapsulate the responsibilities of the procurement department, and also certain KPIs and metrics that must be kept in mind while setting targets and outlining initiatives for procurement. 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