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2 OKR examples for Business Process Optimization

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What are Business Process Optimization 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 Process Optimization 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.

The best tools for writing perfect Business Process Optimization OKRs

Here are 2 tools that can help you draft your OKRs in no time.

Tability AI: to generate OKRs based on a prompt

Tability AI allows you to describe your goals in a prompt, and generate a fully editable OKR template in seconds.

Watch the video below to see it in action 👇

Tability Feedback: to improve existing OKRs

You can use Tability's AI feedback to improve your OKRs if you already have existing goals.

AI feedback for OKRs in Tability

Tability 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.

Business Process Optimization OKRs examples

We've added many examples of Business Process Optimization 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 establish a comprehensive Operational Excellence Program

  • ObjectiveEstablish a comprehensive Operational Excellence Program
  • KRAchieve a 15% increase in overall operational efficiency metrics by quarter end
  • TaskTrain workforce in lean management for optimized performance
  • TaskImplement technological upgrades to optimize production processes
  • TaskRegularly review and streamline workflow processes
  • KRIdentify and document 20 potential business processes for optimization
  • TaskPrioritize processes for potential optimization
  • TaskReview existing operations and identify 20 optimization possibilities
  • TaskDocument each process in detail, noting inefficiencies
  • KRImplement operational improvements in at least 5 identified business processes
  • TaskDevelop strategies for operational enhancements
  • TaskIdentify 5 business processes needing improvement
  • TaskImplement improved processes in those identified areas

OKRs to enhance IT efficiency and business process optimization

  • ObjectiveEnhance IT efficiency and business process optimization
  • KRImplement IT training, increasing staff competency scores by 20%
  • KRAchieve a 25% reduction in IT-related incident reports
  • TaskUpgrade all outdated hardware and software
  • TaskImplement regular staff training on IT systems and security protocols
  • TaskIncrease frequency of system maintenance and monitoring
  • KRIncrease process automation by 30% to accelerate task completion
  • TaskMonitor and adjust automation processes frequently
  • TaskIdentify tasks that are eligible for automation
  • TaskImplement automation technology for identified tasks

Business Process Optimization 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.

Save hours with automated OKR dashboards

AI feedback for OKRs in Tability

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:

Spreadsheets are enough to get started. Then, once you need to scale you can use Tability to save time with automated OKR dashboards, data connectors, and actionable insights.

How to get Tability dashboards:

That's it! Tability will instantly get access to 10+ dashboards to monitor progress, visualise trends, and identify risks early.

More Business Process Optimization OKR templates

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

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