Tability is a cheatcode for goal-driven teams. Set perfect OKRs with AI, stay focused on the work that matters.
What are Compliance Monitoring 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 Monitoring 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 Monitoring 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 Monitoring OKRs examples
You will find in the next section many different Compliance Monitoring 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 enhance the ticket creation process using the right record producer
ObjectiveEnhance the ticket creation process using the right record producer
KRMinimize non-standard process application by 20%
Train staff in new, standardized applications- Identify current non-standard process applications
- Implement standardized procedures for identified areas
- KRIncrease utilization rate of correct record producer by 30%
- Train staff on proper usage and benefits of correct record producer
- Provide incentives for employees utilizing correct record producer most
- Implement monitoring system to track record producer utilization
- KRImprove standard process adoption from 60% to 90% across all regions
- Implement a robust process training program for all employees
- Create informative materials on the value of process adoption
- Monitor and reward high process compliance within teams
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
Compliance Monitoring 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
Most teams should start with a spreadsheet if they're using OKRs for the first time. Then, you can move to 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 Monitoring OKR templates
We have more templates to help you draft your team goals and OKRs.
- OKRs to streamline the accounting close process
- OKRs to streamline vendor aging reconciliation and payment processes
- OKRs to boost efficiency and effectiveness of Prod Support/Service desk
- OKRs to achieve a passing score of at least 85
- OKRs to successfully complete a marathon
- OKRs to improve user experience design and expand research scope