6 OKR examples for Compliance Department

What are Compliance Department 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 Department 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 Compliance Department OKRs with AI

How to create great OKRs for any scenario in seconds

While we have some examples available, it's likely that you'll have specific scenarios that aren't covered here.

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.

How to improve existing OKRs with AI feedback

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 OKRs

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.

You can then decide to accept the suggestions or dismiss them if you don't agree.

Using the free OKR generator to get a quick template

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.

Our Compliance Department OKRs examples

You will find in the next section many different Compliance Department 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!

1. OKRs to ensure compliance and adaptability of Finance department for long-term success

ObjectiveEnsure compliance and adaptability of Finance department for long-term success
KRIdentify and prioritize areas for automation and digitization within the Finance department
KRImplement updated financial policies and procedures to meet regulatory requirements
Revise and update financial policies and procedures to align with regulatory standards
Conduct a comprehensive review of existing financial policies and procedures
Identify gaps between existing policies and regulatory requirements
Communicate and train employees on the updated financial policies and procedures
KRTrain all Finance department staff on new compliance protocols and best practices
Schedule a training session for all Finance department staff
Conduct role-playing exercises to practice implementing the best practices
Assess the knowledge and understanding of staff through a post-training evaluation
Develop training materials and resources for the new compliance protocols
KRDevelop a roadmap for integrating emerging technologies to future-proof Finance operations

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2. OKRs to enhance enterprise-wide governance, risk, and compliance

ObjectiveEnhance enterprise-wide governance, risk, and compliance
KRImplement a robust governance framework across 70% of the company departments
Train department heads on governance procedures
Identify key departments needing governance framework implementation
Develop a tailored governance framework
KRDecrease non-compliance incidents by 30% through improved risk management procedures
Implement mandatory risk management training for all employees
Improve surveillance audits to detect non-compliance
Update compliance policies to reflect current legislation
KRTrain 100% of the staff on compliance regulations and company policies
Schedule training sessions for all staff members
Monitor and document staff's training progress
Develop a comprehensive compliance and policy training program

governance-framework compliance-training department-heads risk-management-officer compliance-team management-team

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3. OKRs to enhance compliance and engagement through sales audit

ObjectiveEnhance compliance and engagement through sales audit
KRIdentify and rectify at least 75% of recorded non-compliance issues by week 12
Devise an effective strategy to rectify issues
Implement the strategy before week 12
Review all recorded non-compliance issues
KRConduct and complete 100% sales audit for all departments by week 8
Evaluate, compile and submit audit findings by week 8
Determine essential data points required for sales audit by week 2
Implement a systematic sales audit process starting week 3
KRIncrease staff engagement in compliance initiatives by 30% through training and communication
Implement regular communication channels to discuss compliance matters
Develop a comprehensive compliance training program for all staff members
Utilize incentives to motivate staff participation in compliance initiatives

compliance sales-audit compliance-officer sales-auditor compliance-team sales-department

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4. OKRs to enhance risk management approaches in our tech organization

ObjectiveEnhance risk management approaches in our tech organization
KRTrain 90% of staff on updated risk management protocols by end of quarter
Identify staff needing training on risk management protocols
Schedule and organize training sessions for identified staff
Monitor and track staff training progress
KRReduce operational risk instances by 30% through revised preventive measures
Conduct regular risk assessment trainings for staff
Conduct a thorough review of existing preventative measures
Develop and implement improved safety protocols
KRImplement newly designated risk management software accurately within all departments
Ensure software compatibility with existing department systems
Train all department heads on new risk management software
Monitor and address issues during software integration period
KRAchieve at least 90% compliance with new risk mitigation strategies across all divisions
Train all division heads on new risk mitigation strategies
Create measurable, division-specific compliance objectives
Monitor and report compliance regularly for accountability

risk-management compliance department-heads division-heads staff-training software-integration

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5. OKRs to enhance internal auditing effectiveness for technology in the organization

ObjectiveEnhance internal auditing effectiveness for technology in the organization
KRReduce technology-related non-compliance issues by 20%
Implement regular technology compliance training sessions
Upgrade security software to minimize breach risks
Conduct frequent audits of technology use
KRUpskill 75% of the audit team in advanced technology-focused auditing procedures
Schedule and implement training sessions
Develop or source relevant training programs
Identify needed technology-focused auditing procedures
KRImplement a new, comprehensive audit software across the department by quarter-end
Identify key features needed in new audit software
Train all department staff on new software
Select and purchase suitable audit software

technology-auditing software-implementation internal-auditors technology-compliance-officer technology-audit-team it-department

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6. OKRs to enhance compliance and precision in payroll management

ObjectiveEnhance compliance and precision in payroll management
KRPerform regular audits of payroll systems, ensuring 100% compliance with regulations
Regularly review and update audit procedures
Implement a compliance checklist for regulations
Establish frequent payroll system audit schedule
KRConduct bi-weekly staff training sessions, improving payroll comprehension by 80%
Implement a feedback system to measure comprehension improvements
Schedule bi-weekly staff training sessions on payroll system
Develop clear, comprehensive payroll training materials
KRImplement a digital payroll system, reducing manual errors by 60%
Research top-rated digital payroll systems suitable for the company
Monitor, evaluate, and report system's performance and error rates
Initiate staff training for effective utilization of the new system

compliance payroll-training payroll-manager human-resources payroll-team human-resources-department

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Compliance Department 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.

How to track your Compliance Department OKRs

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

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.

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 Compliance Department OKR templates

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