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tability.ioWhat are Decision Maker 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.
Crafting effective OKRs can be challenging, particularly for beginners. Emphasizing outcomes rather than projects should be the core of your planning.
We have a collection of OKRs examples for Decision Maker to give you some inspiration. You can use any of the templates below as a starting point for your OKRs.
If you want to learn more about the framework, you can read our OKR guide online.
Decision Maker OKRs examples
We've added many examples of Decision Maker 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 optimize action plans through data-driven decision making
ObjectiveOptimize action plans through data-driven decision making
KRFoster a 10% rise in adoption of data-driven recommendations across all teams
Implement incentives for adopting data-driven approaches- Organize training sessions on using data-driven recommendations
- Develop internal campaigns to promote data-driven decision making
- KRAchieve a 20% increase in the accuracy of data interpretation and insight formation
- Implement rigorous data quality control procedures
- Provide advanced analytics training to team members
- Adopt advanced data interpretation tools
- KRImprove implication prediction accuracy by 15% through enhanced data modeling
- Develop more precise data modeling algorithms
- Implement thorough model training and testing
- Regularly track and analyze prediction performance
OKRs to implement effective project risk management strategies
- ObjectiveImprove project risk management
- KRReduce overall project risk by 20% through early identification and mitigation
- KRIncrease team's risk management maturity level by 2 points through training and coaching
- KRImplement a risk management tracking tool with 100% team adoption and utilization
- KRReduce project delay and budget overruns by 15% through proactive risk monitoring and response
OKRs to implement comprehensive funnel reporting system
- ObjectiveImplement comprehensive funnel reporting system
- KROutline necessary data points for funnel reporting within two weeks
- Determine necessary metrics to track customer behavior
- Identify key stages in the sales process for data collection
- Schedule a meeting to discuss and finalize data points
- KRDevelop a system for automated data collection and analysis by month's end
- Identify required data points for automated collection
- Design and structure the system architecture
- Test and finalize system for data analysis
- KRShare insightful funnel reports with decision-makers bi-weekly, ensuring data-driven decisions
- Schedule bi-weekly meetings with decision-makers
- Present data and discuss insights during meetings
- Compile funnel analysis report every two weeks
OKRs to enhance proficiency in data-driven decision making
- ObjectiveEnhance proficiency in data-driven decision making
- KREffectively use data to drive at least five major business decisions
- Identify key metrics and data points relevant to decision-making
- Implement a comprehensive data tracking system
- Regularly analyze and interpret data for insights
- KRHandle and interpret data from at least three different company projects successfully
- Report findings and implications to relevant teams
- Acquire data from three diverse company projects
- Analyze and interpret collected data accurately
- KRComplete two online courses on data analytics by industry-leading platforms
- Identify two industry-leading platforms offering courses in data analytics
- Dedicate time to complete both courses regularly
- Sign up for a data analytics course on each platform
OKRs to enhance Support Systems and Tools for data-driven decisions
- ObjectiveEnhance Support Systems and Tools for data-driven decisions
- KRDevelop and integrate an advanced analytics platform into the current system
- Identify required features and capabilities for the analytics platform
- Implement and test the analytics platform integration
- Devise a suitable integration strategy for current system
- KRAchieve 25% increase in data-driven decisions by the end of the next quarter
- Implement and enforce a data-first policy in decision-making processes
- Establish weekly KPI tracking and reviews
- Provide training on data analysis to the decision-makers
- KRTrain 80% of team members on data analysis with new tools
- Assess and monitor their tool proficiency post-training
- Identify team members needing data analysis training
- Schedule and conduct training sessions for these members
How to write your own Decision Maker OKRs
1. Get tailored OKRs with an AI
You'll find some examples below, but it's likely that you have very specific needs that won't be covered.
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.
Watch the video below to see it in action 👇
Option 2. Optimise existing OKRs with Tability Feedback tool
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 OKRsTability 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.
Option 3. Use the free OKR generator
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.
Decision Maker 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 Decision Maker 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
Spreadsheets are enough to get started. Then, once you need to scale you can use a proper OKR platform to make things easier.
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 Decision Maker OKR templates
We have more templates to help you draft your team goals and OKRs.
- OKRs to develop an efficient IT Audit SaaS system
- OKRs to streamline corporate general and administrative expenses
- OKRs to improve website's overall usability
- OKRs to increase wealth by improving income and managing spending
- OKRs to enhance impactful self-communication skills
- OKRs to implement phase one of privilege access management tool replacement