OKR template to streamline corporate general and administrative expenses

The main goal of this OKR is to streamline corporate general and administrative expenses. The first objective under this is to reduce administrative costs by 15% through process improvements. This will be achieved through the implementation of automation for routine tasks, conducting training on new streamlined processes, as well as identifying inefficiencies in current administrative processes.

The second objective to complete is to increase the revenue-to-cost ratio by 20% through strategic resource allocation. For this, the initiatives include the continual monitoring and adjustment of resource allocations, redistribution of resources to maximize efficiency, and identification of profitable and underutilized resources.

The third objective involves implementing cost control mechanisms to reduce overspending by 10%. In order to achieve this, areas of excessive spending will be identified within the current budget. Additionally, cost control policies will be developed and implemented, with the savings from these policies being monitored and recorded.

In summary, this OKR revolves around reducing and controlling administrative spending through various initiatives like automation, training, and strategic resource allocation, ultimately aiming to optimize administrative processes and resources within the corporation.