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tability.ioWhat are Decision Making Efficiency 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 Making Efficiency 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 Making Efficiency OKRs examples
We've added many examples of Decision Making Efficiency 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 cultivate an environment encouraging autonomy, entrepreneurial spirit and swift decision-making
ObjectiveCultivate an environment encouraging autonomy, entrepreneurial spirit and swift decision-making
KRDecrease decision-making time by 30%, as measured by project timeframes
Utilize data-driven project management tools- Implement a streamlined decision-making process
- Provide regular training to improve efficiency
- KRLaunch an internal entrepreneurship challenge, with a minimum 50% staff participation
- Create incentive/rewards program to promote 50% staff participation
- Announce challenge and guidelines to all staff via company-wide communication
- Regularly track and report participation rates to encourage involvement
- KRImplement training sessions targeting autonomy and independent decision-making for 75% of the staff
- Develop skill-specific training sessions focused on independence
- Identify 75% of staff likely to benefit from autonomy training
- Schedule and execute training sessions for identified staff members
OKRs to streamline data architecture to enhance overall efficiency and decision-making
- ObjectiveStreamline data architecture to enhance overall efficiency and decision-making
- KRImprove data governance framework to ensure data quality and compliance
- Identify and rectify gaps in the current data governance policies
- Implement regular compliance checks and audits for data management
- Develop comprehensive data quality standards and measurement metrics
- KREnhance data infrastructure scalability to support future growth and evolving needs
- Implement scalable data management solutions
- Monitor and adjust scalability strategies regularly
- Evaluate current data infrastructure strengths and limitations
- KRIncrease data integration automation to reduce manual efforts by 30%
- Implement automation software to streamline data integration
- Monitor and assess efficiency improvements post-implementation
- Evaluate existing data integration processes and identify manual efforts
OKRs to enhance administrative efficiency and effectiveness
- ObjectiveEnhance administrative efficiency and effectiveness
- KRIncrease decision-making accuracy to 95%
- Conduct regular decision-making skill training
- Implement thorough data analysis before making decisions
- Introduce peer-review process for key decisions
- KRComplete 100% of projects within agreed time frames
- Delegate tasks efficiently among team members
- Prioritize projects based on deadline and importance
- Regularly monitor and update project progress
- KRReduce paperwork processing times by 30%
- Train staff on efficient paperwork handling procedures
- Implement digital solutions for real-time paperwork processing
- Regularly review and improve processing workflows
How to write your own Decision Making Efficiency 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 Making Efficiency 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 Making Efficiency 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.
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 Making Efficiency OKR templates
We have more templates to help you draft your team goals and OKRs.
- OKRs to reduce the number of UX issues found in production
- OKRs to formulate and Implement a robust Business and Product Strategy
- OKRs to achieve significant reduction in operations cost
- OKRs to enhance operational efficiency through optimal resource utilization
- OKRs to improve the group's understanding and relatability of given information
- OKRs to improve employee wellbeing