3 customisable OKR examples for Audit Procedures

What are Audit Procedures OKRs?

The Objective and Key Results (OKR) framework is a simple goal-setting methodology that was introduced at Intel by Andy Grove in the 70s. It became popular after John Doerr introduced it to Google in the 90s, and it's now used by teams of all sizes to set and track ambitious goals at scale.

Creating impactful OKRs can be a daunting task, especially for newcomers. Shifting your focus from projects to outcomes is key to successful planning.

We have curated a selection of OKR examples specifically for Audit Procedures to assist you. Feel free to explore the templates below for inspiration in setting your own goals.

If you want to learn more about the framework, you can read our OKR guide online.

Building your own Audit Procedures OKRs with AI

While we have some examples available, it's likely that you'll have specific scenarios that aren't covered here. You can use our free AI generator below or our more complete goal-setting system to generate your own OKRs.

Our customisable Audit Procedures OKRs examples

We've added many examples of Audit Procedures Objectives and Key Results, but we did not stop there. Understanding the difference between OKRs and projects is important, so we also added examples of strategic initiatives that relate to the OKRs.

Hope you'll find this helpful!

1. OKRs to enhance Safety Layout and Operation Procedures

Enhance Safety Layout and Operation Procedures
Increase safety equipment compliance by 15% using regular safety audits
Enforce stricter penalties for non-compliance
Train employees about importance of using safety equipment
Develop a comprehensive regular safety equipment audit program
Train 100% of staff in new safety layout and operational guidelines
Monitor completion and understanding of new guidelines
Schedule mandatory training sessions for all staff
Develop comprehensive safety and operation training program
Reduce workplace accidents by 25% through the implementation of improved safety procedures
Provide comprehensive safety training to all employees
Install up-to-date safety equipment in high-risk areas
Regularly inspect and maintain all equipment

safety-compliance workplace-accidents safety-compliance-officer staff-training-facilitator safety-audit-team operation-procedures-team

Implement this OKR

2. OKRs to improve accuracy of financial statement reporting

Improve accuracy of financial statement reporting
Train staff on new financial reporting procedures to ensure 95% compliance
Develop a detailed training program for new financial procedures
Monitor and evaluate staff compliance regularly
Implement regular training sessions for all staff members
Implement a comprehensive audit process to decrease reporting errors by 30%
Train staff on proper reporting and audit procedures
Install auditing software to automatically detect errors
Establish a defined auditing protocol involving routine checks
Improve data management systems to reduce data-entry errors by 40%
Train staff on proper data-entry techniques
Upgrade data-entry software for better accuracy
Implement comprehensive data validation checks

financial-reporting audit-procedures financial-reporting-officer data-entry-technician finance-team data-management-team

Implement this OKR

3. OKRs to implement comprehensively effective PPE procedures

Implement comprehensively effective PPE procedures
Conduct regular weekly audits to ensure 100% compliance with PPE procedures
Schedule weekly audits for PPE procedure compliance checks
Analyze audit results to identify non-compliance issues
Implement corrective measures based on audit findings
Achieve 95% decrease in PPE-related incidents in the workplace
Establish stricter penalties for non-compliance with PPE regulations
Implement mandatory PPE usage and safety training sessions for all employees
Conduct periodic inspections to ensure proper use of PPE
Train 90% of staff on PPE protocol compliance by the quarter-end
Monitor and record staff attendance and comprehension
Schedule regular training sessions for all staff members
Identify and select an effective PPE protocol training program

ppe training safety-auditor ppe-training-facilitator safety-team human-resources-team

Implement this OKR

Audit Procedures OKR best practices to boost success

Generally speaking, your objectives should be ambitious yet achievable, and your key results should be measurable and time-bound (using the SMART framework can be helpful). It is also recommended to list strategic initiatives under your key results, as it'll help you avoid the common mistake of listing projects in your KRs.

Here are a couple of best practices extracted from our OKR implementation guide 👇

Tip #1: Limit the number of key results

Having too many OKRs is the #1 mistake that teams make when adopting the framework. The problem with tracking too many competing goals is that it will be hard for your team to know what really matters.

We recommend having 3-4 objectives, and 3-4 key results per objective. A platform like Tability can run audits on your data to help you identify the plans that have too many goals.

Tability's audit dashboard will highlight opportunities to improve OKRs

Tip #2: Commit to weekly OKR check-ins

Setting good goals can be challenging, but without regular check-ins, your team will struggle to make progress. We recommend that you track your OKRs weekly to get the full benefits from the framework.

Being able to see trends for your key results will also keep yourself honest.

Tability's check-ins will save you hours and increase transparency

Tip #3: No more than 2 yellow statuses in a row

Yes, this is another tip for goal-tracking instead of goal-setting (but you'll get plenty of OKR examples above). But, once you have your goals defined, it will be your ability to keep the right sense of urgency that will make the difference.

As a rule of thumb, it's best to avoid having more than 2 yellow/at risk statuses in a row.

Make a call on the 3rd update. You should be either back on track, or off track. This sounds harsh but it's the best way to signal risks early enough to fix things.

How to turn your Audit Procedures OKRs in a strategy map

Your quarterly OKRs should be tracked weekly in order to get all the benefits of the OKRs framework. Reviewing progress periodically has several advantages:

It brings the goals back to the top of the mind
It will highlight poorly set OKRs
It will surface execution risks
It improves transparency and accountability

Most teams should start with a spreadsheet if they're using OKRs for the first time. Then, once you get comfortable you can graduate to a proper OKRs-tracking tool.

Tability's Strategy Map makes it easy to see all your org's OKRs

If you're not yet set on a tool, you can check out the 5 best OKR tracking templates guide to find the best way to monitor progress during the quarter.

More Audit Procedures OKR templates

We have more templates to help you draft your team goals and OKRs.

OKRs resources

Here are a list of resources to help you adopt the Objectives and Key Results framework.

To learn: What is the meaning of OKRs
Blog posts: ODT Blog
Success metrics: KPIs examples

What's next? Try Tability's goal-setting AI

You can create an iterate on your OKRs using Tability's unique goal-setting AI.

Watch the demo below, then hop on the platform for a free trial.

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