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. WebAn OKR is a popular management strategy that defines objectives and tracks results. If not, it will create barriers to project management and ultimately hurt a businesss success. kr4. Key results typically include hard numbers. Included on this page, youll find information on trickle down OKR goal setting, sample company-wide OKRs, and sample OKR goals by department, including for finance, HR, and marketing. Therefore, OKRs are considered team OKRs not individual OKRs. kr3. Check out our full post on the ultimate guide to OKRs here! Today, organizations everywhere are adopting objectives and key results (OKRs) to help define and track tangible goals that every employee can champion. Objectives are the Whats. Objectives are company-wide, or in larger organizations, are also team-wide. Objectives are qualitative, whereas key results are quantitative (measurable) and time-bound. Objective: Nurture an increase in manager skills. Vulnerability Assessment: It is a systematic review of security weaknesses in an information system. In one sentence: You complete a set of key results to achieve your objective. kr4. Click on the Goal name within a ClickUp task to jump to the Goals page. Objective: Optimize the annual budgeting process. 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: Develop an onboarding workshop for board members. OBJECTIVE: Launch the new monthly newsletter successfully. 25% of material is compostable. Streamline requests, process ticketing, and more. Move faster, scale quickly, and improve efficiency. The Information Security Management aims to ensure the confidentiality, integrity and availability of an organizations information, data and IT services. This is why writing effective OKRs is important to understand how their daily work and performance impact the bigger picture. Streamline your construction project lifecycle. Objective: Raise the efficiency of the release build process. Dramatically increase our teams capabilities, systematically and consistently. OKRs for admin and ops often focus on improving efficiency and saving money. This is a cascading approach togoal setting. ClickUp takes goal-setting management a step further with a dedicated Goals in ClickUp featurehigh-level containers that break down yourobjectivesinto small,measurableTargets. 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 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 Therefore, its critically important to make sure youre setting CEO-level goals effectively. 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. 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. 75% of material is biodegradable. KEY RESULT:Increase close rate from 22% to 27%. OBJECTIVE: Grow our corporate global business. A project management tool encourages teams to own their progress to achieve the shared objectives. See how you can align global teams, build and scale business-driven solutions, and enable IT to manage risk and maintain compliance on the platform for dynamic work. kr1. There are 4 key reasons OKR users find success Common Language: Translating long-term strategies into actionable quarterly focus. We are your partners if you lead strategy in a mid-sized organization. Marketing OKRs often center on increasing views, impressions, leads, or signups, and on creating new content. Objective: Review the sales analytics process. 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 Explore modern project and portfolio management. Here, the top management and everyone else relate their objectives andkey resultstogetherto make a cohesive plan. For example, your company cansettwoannual OKRs each with fourkey results. 25% of material is compostable. The following examples of human resources OKRs highlight personal development, manager development, and employee engagement aspirations. Improve the Engineering teams quality of delivery. OKRs acts as a safety net to link strategies with the objectives and help with the execution of the same. See OKR Scoring to learn more. There are 4 key reasons OKR users find success Common Language: Translating long-term strategies into actionable quarterly focus. Reduce the rate of customer-reported bugs after the launch of new app updates. Leadership OKRs may vary depending on the size of the company. Key Results can be either quantifiable performance measures or deliverables (effort or projects). 2023. 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. 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. Try Smartsheet for free, today. Access and track your OKRs from a central source of truth with ClickUp Goals. 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. 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 KEY RESULT:Increase scheduled calls per sales rep from 3 per week to 6 per week. How do we measure results? . Collaborative Work Management Tools, Q4 2022, Strategic Portfolio Management Tools, Q4 2020. Initiative: Develop a social media campaign. Key Result: Grow NPS score from 7 to 8. Key Result: Increase monthly website visitors by 10%. ), Youve most likely seen this OKR formula: . Support the sales team by bringing in as many qualified leads as possible. Key Result: Increase monthly website visitors by 10%. OKRs for support and customer service frequently aim to speed customers on their way to using the product or service, and to win high satisfaction ratings from customers. These threats, or risks, could stem from a wide variety of sources, including financial uncertainty, legal liabilities, strategic management errors, accidents and natural disasters 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. Blueprints for software team productivity, Reduce operational time and risk with automation. kr2. WebAnd 45 Examples of Great OKRs What is the OKR methodology? OKRs for analyst relations offer a range of key results, from creating documents and researching backgrounds to meeting with media and research company representatives. It can be intimidating to implement a goal-setting system like OKRs. 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. The OKRs methodology is a system for setting, cascading and communicating goals throughout your company. Comments? In an OKR implementation, the objective is qualitative and answers the question of what is to be accomplished. KR 1 : Decrease the average mean time to patch (MTTP) from 90 days to 60 days, KR 2 : Increase the percentage of systems that have the latest OS or application patches installed over time from 90% to 95%, KR 3 : Improve the efficiency of automated patch deployment process from 50% to 75% to ensure patches are automatically deployed based on the deployment policies, Decrease the average mean time to patch (MTTP) from 90 days to 60 days, Increase the percentage of systems that have the latest OS or application patches installed over time from 90% to 95%, Improve the efficiency of automated patch deployment process from 50% to 75% to ensure patches are automatically deployed based on the deployment policies. Transition all employees to have the capability to work remotely. 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. 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. Objective: Increase understanding of consumer behavior. 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. What are the right objectives to focus on? Use these examples to help jump-start your thinking. Objective: Provide exceptional customer support. Unlike committed OKRs, they dont have a clear path for completion or actual knowledge of how to get there. 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 to define and restrict access to the same, KR 1 : Reduce the number of tailgating incidents from 5 to 0 per month, KR 2 : Improve response efficiency by reducing the average emergency response time from 10 mins to 5 mins, KR 3 : Reduce the time taken to deactivate former employee credentials from 24 hours to 4 hours, Reduce the number of tailgating incidents from 5 to 0 per month, Improve response efficiency by reducing the average emergency response time from 10 mins to 5 mins, Reduce the time taken to deactivate former employee credentials from 24 hours to 4 hours, Risk Management: It is the process of identifying, assessing and controlling threats to an organizations capital and earnings. 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. It helps create alignment and engagement around measurable goals. 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%. To help set effective executive-level goals, here are some OKR examples for CEOs you can refer to. 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 Objective: Update marketing process to reflect the revamped product offering. Objective: Assist directors with new business collateral. 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. Audit Management: It is a systematic evaluation of the security of a companys information system by measuring how well it conforms to a set of established criteria. Organize, manage, and review content production. Initiative: Develop a social media campaign. In most companies,top-levelmanagementdecides what the goals are and everyone else has to follow. Pay 100% carbon offset for calculated carbon dioxide emissions. After you've chosen your objectives and key results, you can track your progress in achieving those objectives. We hope these examples and tips gave you clarity and structure to optimize your writing process. A procurement process is a series of steps Read more, Learn how Profit can help your organization, Integrate easily with all your favorite apps. Quickly automate repetitive tasks and processes. Improve social media posting efficiency and consistency. Objective: Attain highest-ever employee satisfaction score. Objective: Successfully launch the new product in Canada. 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