15 customisable OKR examples for Compliance Management Team
What are Compliance Management 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 Management 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.
Building your own Compliance Management Team 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 Compliance Management Team OKRs examples
You will find in the next section many different Compliance Management 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!
1. OKRs to achieve regulatory compliance and manage change within budget
Achieve regulatory compliance and manage change within budget
Identify and address 100% of current non-compliance issues
Develop plan to correct identified non-compliance issues- Review all current procedures and regulations for compliance discrepancies
- Implement revised procedures and monitor adherence
- Implement necessary changes within 10% under projected cost
- Implement project management techniques to streamline operations and reduce costs
- Negotiate with vendors for cost reductions or alternative budget-friendly options
- Review current budget and identify areas for potential cost savings
- Complete change implementation, ensuring 0% non-adherence to key regulations
- Conduct periodic internal audits for assurance
- Develop comprehensive tracking system for regulatory compliance
- Educate all staff on updated rules and regulations
2. OKRs to boost the number of investigations and remediation of critical compliance issues
- Boost the number of investigations and remediation of critical compliance issues
- Boost investigations carried out by 25% by enforcing stricter protocols
- Implement consequence management for protocol breaches
- Increase training on investigative protocols
- Establish detailed guidelines for conducting investigations
- Achieve 100% compliance in pivotal areas through ongoing reviews and improvements
- Create training programs for continuous process improvement
- Establish routine audits to ensure complete compliance
- Implement regular feedback loops for proactive adjustments
- Reduce critical compliance issues by 30% through focused remediation
- Train staff on improved compliance practices
- Develop a focused remediation strategy
- Identify common themes in current compliance issues
3. OKRs to enhance enterprise-wide governance, risk, and compliance
- Enhance enterprise-wide governance, risk, and compliance
- Implement 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
- Decrease 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
- Train 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
4. OKRs to implement regulatory compliance changes effectively
- Implement regulatory compliance changes effectively
- Complete implementation of all required changes on time
- Monitor progress regularly, adjust plan as needed
- Prioritize necessary changes based on importance and difficulty
- Develop a detailed, daily work schedule
- Stay within 10% below the allocated budget
- Maintain regular communication regarding spending with your team
- Implement cost-saving measures where feasible
- Review all expenditures weekly to monitor cash flow
- Reduce non-compliance incidents by 50%
- Implement comprehensive compliance training for all staff members
- Proactively monitor and audit compliance activities
- Regularly review and update compliance policies
5. OKRs to establish a robust risk management framework within the organization
- Establish a robust risk management framework within the organization
- Reduce identified operational risks by at least 30%
- Review and update current risk assessment procedures
- Enhance operational system's security features
- Implement regular employee safety and risk training programs
- Develop comprehensive risk identification protocols in 75% of company operations
- Develop comprehensive risk identification protocols
- Review current risk identification methods in all operations
- Implement protocols in 75% of operations
- Train all staff on risk management policies and register 90% compliance
- Organize risk management training for all staff members
- Register staff members for compliance certification
- Monitor and document compliance rates
6. OKRs to boost Overall Account Health
- Boost Overall Account Health
- Increase active account numbers by 20%
- Implement a referral program to encourage current users to recruit others
- Execute targeted marketing campaigns to attract potential users
- Enhance user experience for higher customer satisfaction and retention
- Reduce overdue balances by 30%
- Enhance reminders and notices for due payments
- Implement stricter payment deadlines and announce them clearly
- Offer incentives for early or on-time payments
- Align 90% of accounts with compliance standards
- Arrange training on compliance standards for account management team
- Implement necessary updates to align accounts with standards
- Conduct individual reviews of existing accounts for compliance
7. OKRs to boost company's grant compliance and efficiency
- Boost company's grant compliance and efficiency
- Increase staff training on grant compliance by 25%
- Evaluate current training methods on grant compliance for improvements
- Develop enhanced training curriculum focused on grant compliance
- Implement additional 25% training hours on grant compliance for staff
- Achieve a 100% accuracy rate in the filing of grant documentation
- Implement regular training on grant documentation procedures
- Design a quality assurance protocol for all filings
- Assign a dedicated resource for reviewing applications
- Reduce grant process cycle time by 20%
- Provide online training for grant processing staff
- Streamline application review with defined evaluation criteria
- Implement automated systems for application tracking
8. OKRs to streamline financial application processes through process orchestration
- Streamline financial application processes through process orchestration
- Decrease average process execution time by 20% compared to previous quarter
- Achieve 100% compliance with regulatory requirements in financial process orchestration
- Implement necessary process changes and updates to ensure 100% compliance
- Identify gaps in regulatory compliance and develop corrective action plans
- Continuously monitor and evaluate the effectiveness of the revised financial process orchestration
- Conduct a thorough review of current financial process orchestration practices
- Ensure process orchestration platform uptime of 99.9% for seamless application integration
- Conduct regular disaster recovery tests to ensure seamless application integration in case of failures
- Regularly update and patch the process orchestration platform for improved stability and performance
- Implement a proactive monitoring system to quickly identify and resolve potential issues
- Set up a redundant infrastructure for the process orchestration platform
- Increase cross-application data integration rate to 95% for financial processes
- Conduct a thorough audit to identify barriers to cross-application data integration
- Continuously monitor and refine integration processes to ensure high data integration rate
- Provide comprehensive training to employees on using integrated data systems effectively
- Implement standardized data formats and protocols to streamline data integration processes
9. OKRs to successfully purge Sanctioned companies from our databases
- Successfully purge Sanctioned companies from our databases
- Achieve identification of 100% of sanctioned companies in database within 2 weeks
- Review current database and update any missing company information
- Run regular checks and updates to maintain database accuracy
- Implement a systematic approach to identify sanctioned companies
- Initiate removal process for 75% of identified sanctioned companies within 4 weeks
- Implement removal process for the prioritized companies
- Create timetable for efficient removal process within 4 weeks
- Identify which sanctioned companies in the list are prioritized for removal
- Confirm 100% successful removal and system update for the sanctioned companies in 6 weeks
- Execute update and removal processes on scheduled date
- Verify successful implementation post-update
- Schedule a system update for the sanctioned companies
10. OKRs to implement SharePoint data destruction plan
- Implement SharePoint data destruction plan
- Validate 100% data destruction by conducting comprehensive checks post-deletion
- Document and review destruction processes periodically for compliance
- Conduct random audits to ensure complete data destruction
- Implement data shredding tools to securely erase important files
- Achieve 75% of data deletion in the initial phase through automated process
- Identify 75% of data to be deleted through AI algorithms
- Design an automated process to delete identified data
- Implement and test the automated deletion process
- Identify all data for destruction by attaining full SharePoint inventory
- Classify data suitable for destruction
- Initiate SharePoint scan for complete data inventory
- Prepare comprehensive data destruction report
11. OKRs to implement effective Data Governance Framework Agency-wide
- Implement effective Data Governance Framework Agency-wide
- Train 80% of relevant staff members on data governance principles and practices
- Develop or acquire a data governance training program
- Schedule and conduct training sessions for identified staff
- Identify relevant staff for data governance training
- Achieve 90% compliance with the newly implemented data governance framework
- Train all team members on the new data governance framework
- Conduct regular compliance audits for monitoring adherence
- Implement reward scheme for compliance achievements
- Set up clear data governance policies and procedures by next quarter
- Implement, review, and refine drafted data governance procedures
- Draft initial policies and procedures for data governance
- Identify key stakeholders for creating data governance policies
12. OKRs to improve the effectiveness and security of Identity Access Management (IAM) initiatives
- Improve the effectiveness and security of Identity Access Management (IAM) initiatives
- Reduce IAM-related security incidents by 20%
- Implement multi-factor authentication for IAM systems
- Update and enforce strict password policies
- Conduct regular IAM security training sessions
- Implement two-factor authentication for all employee IAM accounts
- Purchase and install selected two-factor authentication software
- Train employees on how to use the new authentication process
- Research suitable two-factor authentication software for IAM accounts
- Increase IAM user compliance rate by 30%
- Implement stricter IAM user permission policies
- Provide regular IAM user compliance training
- Regularly audit and correct non-compliant IAM users
13. OKRs to drive successful implementation of relevant alliance principles
- Drive successful implementation of relevant alliance principles
- Increase revenue generated through alliance activities by 10% compared to previous quarter
- Improve cross-functional collaboration within the alliance, measured by a 15% increase in joint projects
- Increase alliance partner satisfaction by 20% based on quarterly feedback survey
- Achieve 95% adherence to alliance guidelines and best practices in all initiatives
- Implement a monitoring system to track adherence to alliance guidelines and best practices
- Provide ongoing support and resources to alliance members for implementing best practices
- Conduct regular training sessions focused on alliance guidelines and best practices
- Conduct regular audits to assess adherence to alliance guidelines and best practices
14. OKRs to enhance pre-audit inspection for REV Vistex controls efficiency
- Enhance pre-audit inspection for REV Vistex controls efficiency
- Effectively implement at least 3 improvement suggestions by the end of the quarter
- Execute strategy and track progress
- Identify improvement suggestions from stakeholders
- Develop implementation strategy for suggestions
- Identify 10 potential efficiency improvement areas in the Vistex controls testing process
- Analyze current Vistex controls testing process thoroughly
- Identify repetitive steps and potential automation opportunities
- Study error rates and uncover their causes
- Reduce issues discovered during actual audit by 20%
- Increase education and training on audit requirements
- Implement regular self-audits to identify potential issues
- Strengthen internal controls to improve accuracy
15. OKRs to enhance precision and pace in state regulatory reporting
- Enhance precision and pace in state regulatory reporting
- Implement a new automation process to decrease reporting time by 30%
- Train staff on using the new automation system
- Procure an automation system suitable for our needs
- Identify current reporting processes that can be automated
- Reduce regulatory reporting errors by 15% via enhanced employee training
- Establish quality checks to identify and fix reporting errors promptly
- Implement regular training sessions for all reporting staff
- Develop comprehensive training program focused on regulatory reporting procedures
- Increase report accuracy by 20% through intensive data validation by quarter-end
- Regularly review and correct data errors
- Train staff on improved data collection methods
- Implement stricter data validation procedures immediately
Compliance Management Team 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
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.
Tability's audit dashboard will highlight opportunities to improve OKRsTip #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.
Tability's check-ins will save you hours and increase transparencyTip #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 Compliance Management Team 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
Spreadsheets are enough to get started. Then, once you need to scale you can use a proper OKR platform to make things easier.
Tability's Strategy Map makes it easy to see all your org's OKRsIf 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 Management Team OKR templates
We have more templates to help you draft your team goals and OKRs.
- OKRs to conduct comprehensive competitive analysis with SEMrush
- OKRs to boost revenue from Student Partners
- OKRs to successfully transition the PMMA-Smile connection to BAPIQ mesh URL
- OKRs to streamline all business processes through automation
- OKRs to improve front-end functionalities of the ship monitoring system
- OKRs to increase system transaction success rate to 90%
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.