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. Aim for quarterly instead of annual objectives to manage targets easier, Encourage your teams to send you their prioritized list of problems and issues, Does the written objective leave no room for interpretation? Key Result: Grow social media followers from 50,000 to 75,000. WebCreate the lowest carbon footprint in our industry. 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 kr2. The following examples of human resources OKRs highlight personal development, manager development, and employee engagement aspirations. Marketing Examples Example 1. You break down ameasurableobjectiveintosimpleresults that help you quicklydetermineif you achieved theobjectiveor not. Reduce the rate of customer-reported bugs after the launch of new app updates. Raise our brand awareness and brand credibility. Increase net-new book of business recurring revenue to stabilize the business. Marketing Examples Example 1. OBJECTIVE: Strengthen our corporate culture, OBJECTIVE: Successfully launch our new product by the end of Q2. Supply Chain and shipping infrastructure 100% zero waste. Objective: Grow sales among art students. The OKRs shown here for finance and accounting consider not just costs, but also process improvement. Objective: Raise the efficiency of the release build process. Key Results are the Hows an objective will be achieved. Initiative: Develop a social media campaign. Some experts are adamant that key results need to be quantifiable. Key results: Hit company global sales target of $100 Million in Sales; Achieve 100% year-to-year sales growth in the EMEA geography; Increase the company average deal size by 30% (with upsells) Reduce churn to less than 5% annually (via Regardless of what industry or market youre in, competitors are consistently grabbing opportunities to address the pain points of your shared target audience. Unfortunately, company jargon excludes people that dont have the resources to decode, and its not productive (or fair!) OKRs for admin and ops often focus on improving efficiency and saving money. The following OKR for a law office describes goals to help promote and build the business. A project management tool encourages teams to own their progress to achieve the shared objectives. Objective: Update marketing process to reflect the revamped product offering. Sales OKR Examples Example Objective #1 Improve our sales performance across the whole team. KEY RESULT:Increase scheduled calls per sales rep from 3 per week to 6 per week. IT Security Expense to IT Asset Value Ratio A benchmark of total IT security expenditure related to the total value of IT resources under management. Check out our OKR examples organized by team below! 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 IT security management describes the structured fitting of security into an organization. Today, organizations everywhere are adopting objectives and key results (OKRs) to help define and track tangible goals that every employee can champion. Key Results can be either quantifiable performance measures or deliverables (effort or projects). Key results typically include hard numbers. ), Youve most likely seen this OKR formula: . If not, it will create barriers to project management and ultimately hurt a businesss success. Browse our OKR examples library below, and feel free to use any examples as a jumpstart to your team OKRs! Objective: Improve the user onboarding process. Objectives are defined as what you want to achieve; these outcomes should be expressed in a strong, motivating way. KR: Survey employees weekly. 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 When appropriately used, teams can meet todays goals while progressing for tomorrows challenges. KR: Double employee Objectives describe what you want to achieve; key results describe how you know you've met them. WebAnd 45 Examples of Great OKRs What is the OKR methodology? kr1. Get answers to common questions or open up a support case. Objective: Strengthen the auditing process. WebOKR Examples: Content Marketing Objective: Build an engaging blog with high quality content Key Result 1: Increase blog traffic by 20% Key Result 2: Increase dwell time by 30% Key Result 3: Reduce bounce rate by 15% Advertising / Demand Generation Objective: Increase effectiveness of our Google Ads Hence it is utmost important for any organization to align the objectives with the strategic direction. Retain our talent like no other organization in our space. Improve information management procedures by the end of [quarter and year], Launch a successful and exciting company swag program for office and remote employees, Implement a successful online conference room reservation system by [quarter and year], Streamline all departmental operation requests into ticketing system for management and tracking, Implement a purchasing management process, Maintain accurate record-keeping at all times, Strengthen the communication for employee policy updates, Offer development programs to help all team members reach their career goals, Align internal department communications, Deliver on strategic initiatives and activities, Successfully launch podcast campaign in [year and quarter], Improve customer retention and customer lifetime value (CLV). OKRs acts as a safety net to link strategies with the objectives and help with the execution of the same. WebCreate the lowest carbon footprint in our industry. Executive Office Operations OKR Examples Grow and align the entire organization through monthly company meetings Create 5-7 monthly topics for high-level transparency Collect 10-15 post-meeting surveys for evaluation Increase participation rate from 70% to 90% Bonus: See how Spekit uses ClickUp to track quarterly OKRs! 25% of material is compostable. "Some folks will muck it up by having four or five or six objectives, which means they decrease their capacity to focus," says Darrel Whiteley, a Master Black Belt, Lean Master, and Kaizen expert with Firefly Consulting. We hope these examples and tips gave you clarity and structure to optimize your writing process. 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. Improve current application performance levels. Improve website functionality on the front-end website. Objective: Develop a stellar briefing and presentation package. KR: Survey employees weekly. WebExample 10 Risk Management: It is the process of identifying, assessing and controlling threats to an organizations capital and earnings. Objective: Improve the support experience. Sure,Googleand tons of other businesses useOKRsto manage theircompany goals. Resist copying them outright as inspiring ownership and accountability among your team are more important than perfect OKRs! Creating OKRs in departmental silos without cross-collaboration. Objective: Revitalize the sales lead process. Objective: Develop an onboarding workshop for board members. 2023 ClickUp | Security | Your Privacy | Terms. In general, setting OKRs for IT security policies develops goals, enhances confidence and proves that its a very good way to go. This is why writing effective OKRs is important to understand how their daily work and performance impact the bigger picture. Blueprints for software team productivity, Reduce operational time and risk with automation. If your KRs include words like maintain, strive, continue to, or participate, these are activities, not key results. Objective: Gain 15 percent more conversions from new e-book. These OKRs help to secure the firewall of any organization with predictable outcomes that the policies claim to perform. OKRs (Objectives and Key Results) is a methodology for goal setting where an objective outlines the desired outcome and is supported by 3-5 quantifiable and measurable key results to achieve that outcome. Objective: Increase mailing list subscribers. Key Result: Grow NPS score from 7 to 8. Here, the top management and everyone else relate their objectives andkey resultstogetherto make a cohesive plan. Call at +1-775-747-7407between 9am-5pm PST. Patch Management: It is the process of distributing and applying updates to applications. Executive Office Operations OKR Examples Grow and align the entire organization through monthly company meetings Create 5-7 monthly topics for high-level transparency Collect 10-15 post-meeting surveys for evaluation Increase participation rate from 70% to 90% Bonus: See how Spekit uses ClickUp to track quarterly OKRs! OBJECTIVE: Launch the new monthly newsletter successfully. WebExample 10 Risk Management: It is the process of identifying, assessing and controlling threats to an organizations capital and earnings. Transition all employees to have the capability to work remotely. 75% of material is biodegradable. Create a team of engaged and happy colleagues. Objective: Attain highest-ever employee satisfaction score. Key results: Hit company global sales target of $100 Million in Sales; Achieve 100% year-to-year sales growth in the EMEA geography; Increase the company average deal size by 30% (with upsells) Reduce churn to less than 5% annually (via To learn more about the fundamentals of OKRs, check out our detailed post on OKRs. WebCompliance OKRs example for HR Ensure effective compliance in the workplace Test 5 HR software options with built-in compliance safeguards and select the one to start using options 5 0 Perform an HR compliance audit on 6 main areas areas 6 0 Resolve 90% of HR compliance related complaints within 48 hours % 90 0 Need a simple online tool for Objective: Reduce operations costs by 20 percent. When your goals only contain top-levelmanagementinsights, you fail toalignthem to your employeesowngoals, reducingemployee engagement. You can also createcompany wide OKRs wherethewholeorganizationcommits to the same goals, like thecompanys mission. KEY RESULT:Increase close rate from 22% to 27%. Or waste hours of their day digging for information to get their tasks completed. Key Result: Grow social media followers from 50,000 to 75,000. These patches are often necessary to correct errors (also referred to as vulnerabilities or bugs) in the software. According to the MIT Sloan Management Review article With Goals, FAST Beats SMART, Our experience working with companies suggests that relying exclusively on quantitative measures is neither necessary nor optimal. Individual OKR examples Objective: Shock my boss with productivity Key results: Increase weekly production by 15% Implement email organizational system Delegate 50% of administrative tasks to administrative team Objective: Contribute meaningfully to the company Key results: Respond to bi-monthly employee surveys Create a set standard for training to offer increased customer support. A best practices is to create annual organization-wide OKRs that support your direction, then have individuals create quarterly supporting OKRs that support your annual organization-wide KRs. As a fast-growing Read more, IntroductionProcurement, as a function, is an evitable aspect of all business organizations. We are your partners if you lead strategy in a mid-sized organization. In an OKR implementation, the objective is qualitative and answers the question of what is to be accomplished. Move faster with templates, integrations, and more. Therefore, OKRs are considered team OKRs not individual OKRs. Get expert coaching, deep technical support and guidance. With public relations OKRs, the goal is to increase exposure of the product or service. These threats, or risks, could stem from a wide variety of sources, including financial uncertainty, legal liabilities, strategic management errors, accidents and natural disasters Objective: Improve our brand presence through media channels to strengthen brand as a leader. . The best company-wide OKRs originate in mission statements and long-range goals, and they help to communicate a practical path to those aims, as shown in these top-level OKR objective examples: Objective: Build the best online personal shopping service in the country. Technology OKRs can cover the gamut from improving product speed and development speed to creating case study content and conducting user tests. 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. There are 4 key reasons OKR users find success Common Language: Translating long-term strategies into actionable quarterly focus. The Information Security Management aims to ensure the confidentiality, integrity and availability of an organizations information, data and IT services. Companies should use an employee communication platform available on both mobile and desktop to meet the needs of a hybrid workforce. To learn more about how OKRs can help you, see the "Essential Guide to OKRs.". kr4. Objective: Build relationships with leading market research organizations. 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 kr2. These threats, or risks, could stem from a wide variety of sources, including financial uncertainty, legal liabilities, strategic management errors, accidents and natural disasters, KR 1 : Reduce the dwell time of network from 10 mins to 1 min (mean time an attacker has undetected access to sensitive data without being removed), KR 2 : Maintain the % of systems with approved system security plan at 99% least, KR 3 : Increase the percentage of mitigated risks from 90% to 100%, Reduce the dwell time of network from 10 mins to 1 min (mean time an attacker has undetected access to sensitive data without being removed), Maintain the % of systems with approved system security plan at 99% least, Increase the percentage of mitigated risks from 90% to 100%. When viewing a task, youll know if its been attached to a Target. Whether youre in the middle of a restructure in your business, looking for company goals inspiration for the next quarter, or seeking writing tips to improve your objectives and key resultsweve got you covered! 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. kr3. An objective answers the question: Whats the immediate problem, change, or desired outcome we want? According to John Doerr, author of Measure What Matters, with Key Results, this isnt meant to encompass everything thats happening but only those things that make a truly meaningful difference.. Individual OKR examples Objective: Shock my boss with productivity Key results: Increase weekly production by 15% Implement email organizational system Delegate 50% of administrative tasks to administrative team Objective: Contribute meaningfully to the company Key results: Respond to bi-monthly employee surveys Click on the Goal name within a ClickUp task to jump to the Goals page. Objective: Attain highest-ever employee satisfaction score. Furthermore, we believe strongly that the achievement of an objective must provide clear value for the organization. These examples focus on garnering more attention for the business and, thereby, more revenue. And when youre able tofocuson theobjective, you can fullycommitto it. OBJECTIVE: Grow our corporate global business. Objective: Improve our brand presence through media channels to strengthen brand as a leader. 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. Objective: Improve employee retention at the team level. If others read the objective, will it guide their focus and effort (key results)? WebAn OKR is a popular management strategy that defines objectives and tracks results. 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). 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. If you need a distraction-free space to organize your thoughts as you write your OKRs and tasks, try ClickUp for free today! Smartsheet Contributor The following examples of human resources OKRs highlight personal development, manager development, and employee engagement aspirations. Key Result: Grow NPS score from 7 to 8. Objective: Refine the tier support system. Objective: Increase the popularity of company product (yogurt). Find a partner or join our award-winning program. Dramatically increase our teams capabilities, systematically and consistently. KR: Survey employees weekly. This is a cascading approach togoal setting. Books sharing our OKR expertise, ideas and insights, Find the Most Effective KPIs for your business, Collection of OKR examples for your business, Discover current trends and expert insights, Kick start your okr implementation right away, Outlined feature updates from our last releases, 10 Great OKR Examples of Telecom Services OKRs. Transition all employees to have the resources to decode, and its not (. You, see the `` Essential Guide to OKRs. `` meet the of. 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