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tability.ioWhat are Business Analysis OKRs?
The OKR acronym stands for Objectives and Key Results. It's a goal-setting framework that was introduced at Intel by Andy Grove in the 70s, and it became popular after John Doerr introduced it to Google in the 90s. OKRs helps teams has a shared language to set ambitious goals and track progress towards them.
Formulating strong OKRs can be a complex endeavor, particularly for first-timers. Prioritizing outcomes over projects is crucial when developing your plans.
We've tailored a list of OKRs examples for Business Analysis to help you. You can look at any of the templates below to get some inspiration for your own goals.
If you want to learn more about the framework, you can read our OKR guide online.
Business Analysis OKRs examples
We've added many examples of Business Analysis 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!
OKRs to enhance business analysis skills and strategies
ObjectiveEnhance business analysis skills and strategies
KRImprove current project efficiency by 15% using new business analysis techniques
Implement effective techniques into current project workflow- Monitor and measure impact on project efficiency
- Research latest business analysis techniques suitable for the project
- KRDeliver 1 impactful presentation on learned business analysis concepts to team
- Develop a presentation on key business analysis concepts
- Practice presentation for cogent verbal delivery
- Schedule a team meeting to present findings
- KRComplete 2 relevant professional courses in business analysis
- Identify two professional courses in business analysis
- Register for the selected courses
- Conscientiously finish and complete both courses
OKRs to develop core skills for beginner business analyst
- ObjectiveDevelop core skills for beginner business analyst
- KRDeliver 3 industry-related analysis projects demonstrating key learned concepts
- Identify relevant industry-related topics for analysis projects
- Complete and present all three analysis projects
- Incorporate key learned concepts into each project
- KRComplete a certified business analyst training course with at least 85% score
- Aim to achieve a final exam score of 85% or higher
- Consistently study course materials for comprehension
- Enroll in a certified business analyst training course
- KRAttend 5 relevant industry webinars to improve networking and knowledge
- Attend and actively participate in each webinar
- Register for the chosen webinars
- Research and select 5 industry relevant webinars to attend
OKRs to enhance understanding of business requirements
- ObjectiveEnhance understanding of business requirements
- KRComplete 3 online courses about business requirements analysis and documentation
- Diligently complete all course materials and assessments
- Identify suitable online courses in business requirements analysis
- Register for three chosen online courses
- KRConduct 5 cross-departmental informational interviews per month
- Conduct and document the informational interviews
- Identify five potential interviewees across various departments
- Schedule and plan the interviews
- KRCreate checklist for comprehensive business requirement gathering in 2 weeks
- Design draft of business requirement checklist
- Identify key stakeholders for business requirement gathering
- Establish critical business needs and objectives
OKRs to acquire proficiency in business analysis as a beginner
- ObjectiveAcquire proficiency in business analysis as a beginner
- KRExecute two successful business analysis projects under supervision
- Develop detailed project plans under supervisor guidance
- Identify and define two suitable business analysis projects
- Implement projects, ensuring objectives are met successfully
- KRGain feedback showing 90% satisfaction from 5 different team members on collaboration skills
- Solicit feedback from each team member
- Conduct an anonymous survey on collaboration skills
- Review and analyze received responses
- KRComplete four certified business analysis courses online
- Dedicate regular study times and complete all coursework
- Enroll in the chosen business analysis courses
- Research and select four online certified business analysis courses
OKRs to enhance business profitability through data analysis
- ObjectiveEnhance business profitability through data analysis
- KRIncrease accuracy of forecasting models used by sales team by 15%
- Train sales team on data interpretation and prediction techniques
- Analyze past forecasting models for discrepancies and errors
- Invest in advanced predictive analytics software
- KRDevelop data strategies for 3 new business units to aid decision making
- KRAchieve 20% reduction in costs through improved predictive models
- Develop and implement advanced predictive models
- Monitor and measure cost reductions frequently
- Continually optimize models to improve accuracy and efficiency
OKRs to enhance requirements gathering and analysis for project efficiency
- ObjectiveEnhance requirements gathering and analysis for project efficiency
- KRAchieve 95% compliance with new requirement protocol on at least 5 projects
- Implement new protocol across all ongoing projects
- Monitor compliance regularly and record results
- Enforce corrective actions for non-compliant projects
- KRDevelop a new standardized schema for requirement organization and categorization
- Develop draft plan for a standardized schema
- Implement and test the new schema
- Identify current requirements organization and categorization process
- KRConduct 15 stakeholder interviews to identify overlooked requirements
- Identify and list all necessary stakeholders for interviews
- Prepare pertinent questions to identify overlooked requirements
- Schedule 15 stakeholder interviews within time frame
OKRs to acquire comprehensive understanding of various companies' missions
- ObjectiveAcquire comprehensive understanding of various companies' missions
- KRRead and analyze mission statements from 50 different industries each week
- Obtain mission statements from each industry
- Compile a list of 50 different industries
- Schedule weekly sessions to read and analyze statements
- KRConduct four in-depth case studies on companies with unique missions monthly
- Identify four companies with unique missions
- Research company background and specifics
- Compile findings into comprehensive case studies
- KRParticipate in two webinars or relevant industry events every month
- Schedule and register for two relevant events
- Attend and actively participate in webinars/events
- Research upcoming webinars or industry events in your field
OKRs to determine the business benefits of SAP S4
- ObjectiveDetermine the business benefits of SAP S4
- KRIdentify and document 20 potential SAP S4 features beneficial to businesses
- Identify 20 SAP S4 features useful to business operations
- Document each feature's benefits in a comprehensive report
- Research the functionalities and benefits of various SAP S4 features
- KRCreate a detailed report highlighting the identified SAP S4 business benefits
- Gather relevant data and statistics to substantiate each benefit
- Identify the benefits associated with implementing SAP S4 in the business
- Draft a detailed report highlighting these benefits
- KRInterview 10 companies currently using SAP S4 for concrete advantages
- Identify 10 companies currently utilizing SAP S4
- Conduct interviews focusing on SAP S4 advantages
- Arrange interviews with the identified companies
OKRs to enhance innovation manager's mastery of business requirements
- ObjectiveEnhance innovation manager's mastery of business requirements
- KRComplete 3 advanced courses on business requirements analysis by quarter-end
- Complete all coursework by quarter-end
- Enroll in these courses immediately
- Select 3 advanced courses on business requirements analysis
- KRShow 30% improvement in speed and precision of drafting business requirement documents
- Use standardized templates to ensure consistent quality
- Attend workshops on efficient business requirement drafting
- Practice time management skills for quicker drafting
- KRInspect and accurately identify business requirements in 5 real-case scenarios
- Review company documents to understand existing business processes
- Analyze and document findings from five case scenarios
- Conduct interviews with stakeholders to identify needs
OKRs to enhance analysis and implementations of Power BI Reports
- ObjectiveEnhance analysis and implementations of Power BI Reports
- KRConduct three training sessions to boost team efficiency with Power BI
- Identify key Power BI features that need to be focused on in training
- Plan out three comprehensive Power BI training sessions
- Schedule and administer the three Power BI training sessions
- KRImplement 10 new insightful suggestions for business intelligence reporting improvements
- Gather 10 innovative suggestions for enhancements
- Identify existing reports that need improvement
- Implement suggested changes into reports
- KRImprove accuracy in Power BI reports data by reducing error rate by 20%
- Implement strict validation checks for data entry
- Conduct a detailed data quality assessment for existing reports
- Train employees on proper data handling procedures
How to write your own Business Analysis OKRs
1. Get tailored OKRs with an AI
You'll find some examples below, but it's likely that you have very specific needs that won't be covered.
You can use Tability's AI generator to create tailored OKRs based on your specific context. Tability can turn your objective description into a fully editable OKR template -- including tips to help you refine your goals.
- 1. Go to Tability's plan editor
- 2. Click on the "Generate goals using AI" button
- 3. Use natural language to describe your goals
Tability will then use your prompt to generate a fully editable OKR template.
Watch the video below to see it in action 👇
Option 2. Optimise existing OKRs with Tability Feedback tool
If you already have existing goals, and you want to improve them. You can use Tability's AI feedback to help you.
- 1. Go to Tability's plan editor
- 2. Add your existing OKRs (you can import them from a spreadsheet)
- 3. Click on "Generate analysis"
Tability's Strategy Map makes it easy to see all your org's OKRsTability will scan your OKRs and offer different suggestions to improve them. This can range from a small rewrite of a statement to make it clearer to a complete rewrite of the entire OKR.
You can then decide to accept the suggestions or dismiss them if you don't agree.
Option 3. Use the free OKR generator
If you're just looking for some quick inspiration, you can also use our free OKR generator to get a template.
Unlike with Tability, you won't be able to iterate on the templates, but this is still a great way to get started.
Business Analysis OKR best practices
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.
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.
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 track your Business Analysis OKRs
OKRs without regular progress updates are just KPIs. You'll need to update progress on your OKRs every week to get the full benefits from the 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
We recommend using a spreadsheet for your first OKRs cycle. You'll need to get familiar with the scoring and tracking first. Then, you can scale your OKRs process by using a proper OKR-tracking tool for it.
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 Business Analysis OKR templates
We have more templates to help you draft your team goals and OKRs.
- OKRs to reshape website to align with updated strategic plan
- OKRs to develop and implement a global lead generation strategy with banks
- OKRs to minimize overall business risk
- OKRs to create a more welcoming and comfortable clinic waiting area
- OKRs to improve website security through effective deployment of content security policy
- OKRs to enhance productivity and task management during the workday