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What are Compliance And Standards Team 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.
Writing good OKRs can be hard, especially if it's your first time doing it. You'll need to center the focus of your plans around outcomes instead of projects.
We have curated a selection of OKR examples specifically for Compliance And Standards Team 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.
The best tools for writing perfect Compliance And Standards Team 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.
- 1. Create a Tability account
- 2. Click on the Generate goals using AI
- 3. Describe your goals in a prompt
- 4. Get your fully editable OKR template
- 5. Publish to start tracking progress and get automated OKR dashboards
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.
- 1. Create your Tability account
- 2. Add your existing OKRs (you can import them from a spreadsheet)
- 3. Click on Generate analysis
- 4. Review the suggestions and decide to accept or dismiss them
- 5. Publish to start tracking progress and get automated OKR dashboards
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.
Compliance And Standards Team OKRs examples
You will find in the next section many different Compliance And Standards Team Objectives and Key Results. We've included strategic initiatives in our templates to give you a better idea of the different between the key results (how we measure progress), and the initiatives (what we do to achieve the results).
Hope you'll find this helpful!
OKRs to ensure adoption and compliance with circuit breaker standards
ObjectiveEnsure adoption and compliance with circuit breaker standards
KRImplement two new practices or technologies that promote circuit breaker standards compliance
Incorporate the new technologies into the existing workflow- Obtain and provide training on chosen practices or technologies
- Research and select two technologies that enhance circuit breaker compliance
- KRConduct five workshops on circuit breaker standards for relevant employees
- Identify potential attendees related to circuit breaker tasks
- Schedule five workshops on circuit breaker standards
- Prepare comprehensive workshop materials
- KRAchieve 100% completion of compliance checklists by all relevant departments
- Implement mandatory compliance training sessions
- Track checklist completion in real-time
- Assign compliance checklists to all relevant departments
OKRs to achieve 100% compliance with relevant industry regulations and standards
- ObjectiveEnsure regulatory compliance in all operations
- KREstablish a system for continuous monitoring and reporting of compliance status
- Define metrics to track compliance
- Schedule regular compliance audits
- Establish communication protocol for reporting
- Design compliance reporting dashboard
- KRAchieve 100% compliance with all relevant regulations and standards
- Stay up-to-date with changes to regulations and standards
- Conduct regular audits to ensure compliance
- Provide ongoing training to employees
- Implement measures to address non-compliance
- KRDevelop and implement an updated compliance training program for all employees
- Launch new compliance training program online and in-person
- Evaluate effectiveness of updated program through employee feedback and assessments
- Conduct a needs assessment to identify compliance training gaps
- Create new, engaging training materials for all job functions
- KRConduct a full audit of all operations and identify areas of regulatory risk
- Identify gaps in compliance procedures and create action plan
- Review each operation for compliance risks
- Conduct training on regulations and compliance procedures
- Evaluate existing controls and their effectiveness
OKRs to achieve a successful and appealing Gaydon Expansion OBC
- ObjectiveAchieve a successful and appealing Gaydon Expansion OBC
- KREnsure 100% OBC compliance with environmental, safety and quality standards by week 8
- Review all OBC environmental, safety and quality standard documents
- Implement necessary corrective actions before week 8
- Conduct OBC audit checks for complete compliance by week 6
- KRGenerate 5 innovative, cost-effective expansion designs by week 6
- Research current cost-effective expansion design trends
- Refine and finalize five chosen designs
- Sketch initial design concepts for feedback
- KRSecure approval from 90% key stakeholders by week 10
OKRs to enhance safety layout and procedures to level 4 standards
- ObjectiveEnhance safety layout and procedures to level 4 standards
- KRReduce workplace accidents by 30% through implementation of improved safety measures
- Identify common causes of workplace accidents
- Implement stricter safety protocols organization-wide
- Develop training programs for improved safety measures
- KRTrain all staff on new safety operations enhancing overall proficiency by 50%
- Schedule necessary safety operation training
- Measure proficiency improvement post-training
- Identify an expert in safety operations for training
- KRIdentify and rectify 100% of current safety layout inadequacies by end of quarter
- Implement corrective actions for identified issues
- Conduct a comprehensive safety layout assessment
- Identify all safety layout gaps
OKRs to enhance adherence to academic standards and protocols
- ObjectiveEnhance adherence to academic standards and protocols
- KRImprove complaint resolution rate to 90% by streamlining the grievance redressal system
- Introduce automation for efficient complaint categorization
- Train staff for faster problem-solving and decision-making
- Implement regular feedback sessions to improve system
- KRIncrease policy awareness sessions by 20% for staff and students
- Include policy updates during the regular staff meetings
- Formulate engaging policy awareness campaigns for students
- Plan more informational meetings about policy awareness
- KRReduce reported policy violations by 30% through stringent monitoring
- Increase frequency of employee policy-awareness training
- Conduct regular, unannounced audits for policy enforcement
- Implement rigorous surveillance measures to track policy adherence
Compliance And Standards Team 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
The #1 role of OKRs is to help you and your team focus on what really matters. Business-as-usual activities will still be happening, but you do not need to track your entire roadmap in the OKRs.
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
Don't fall into the set-and-forget trap. It is important to adopt a weekly check-in process to get the full value of your OKRs and make your strategy agile – otherwise this is nothing more than a reporting exercise.
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
Quarterly OKRs should have weekly updates to get all the 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
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:
- 1. Create a Tability account
- 2. Use the importers to add your OKRs (works with any spreadsheet or doc)
- 3. Publish your OKR plan
That's it! Tability will instantly get access to 10+ dashboards to monitor progress, visualise trends, and identify risks early.
More Compliance And Standards Team OKR templates
We have more templates to help you draft your team goals and OKRs.
- OKRs to broaden the company's customer reach
- OKRs to improve Financial Planning and Analysis Processes
- OKRs to incorporate AI and ML to innovate our solution suite
- OKRs to enhance employees' alignment with the organization's objectives and culture
- OKRs to implement comprehensive funnel reporting system
- OKRs to deliver high-quality project within agreed timeframe