2 customisable OKR examples for Equipment Downtime
What are Equipment Downtime 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.
Creating impactful OKRs can be a daunting task, especially for newcomers. Shifting your focus from projects to outcomes is key to successful planning.
That's why we have created a list of OKRs examples for Equipment Downtime to help. You can use any of the templates below as a starting point to write your own goals.
If you want to learn more about the framework, you can read our OKR guide online.
Building your own Equipment Downtime 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 Equipment Downtime OKRs examples
You'll find below a list of Objectives and Key Results templates for Equipment Downtime. We also included strategic projects for each template to make it easier to understand the difference between key results and projects.
Hope you'll find this helpful!
1. OKRs to decrease equipment downtime in the water treatment plant
Decrease equipment downtime in the water treatment plant
Install predictive maintenance software on 100% of vital equipment
Begin installing software on identified equipment
Purchase necessary predictive maintenance software
Identify all vital equipment requiring the software
Train 90% of plant operators on troubleshooting and preventive maintenance
Develop troubleshooting and maintenance curriculum
Identify plant operators needing training
Schedule and conduct training sessions
Achieve a 5% reduction in equipment break-failures by end of next quarter
Boost training on proper equipment usage
Implement regular preventative maintenance on all equipment
Invest in higher quality parts and tools
2. OKRs to minimize unavoidable equipment downtime next quarter
Minimize unavoidable equipment downtime next quarter
Train 75% of operation team on basic troubleshooting techniques to respond quickly
Organize troubleshooting training sessions
Identify team members requiring basic troubleshooting training
Monitor and document training progress
Implement preventive maintenance on 100% of key equipment to ensure optimal performance
Inventory all key equipment for maintenance tracking
Train staff on proper equipment maintenance procedures
Schedule regular inspections for each equipment
Achieve a 20% reduction in total hours of equipment downtime
Implement regular preventative maintenance on all machines
Utilize real-time monitoring systems for immediate fault detection
Invest in up-to-date, more reliable equipment
Equipment Downtime 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 Insights Dashboard](https://tability-templates-v2.vercel.app/_next/static/media/tability-insights-board.e70f9466.png)
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.
![Tability Insights Dashboard](https://tability-templates-v2.vercel.app/_next/static/media/checkins-graph.b2aec458.png)
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 turn your Equipment Downtime OKRs in a strategy map
OKRs without regular progress updates are just KPIs. You'll need to update progress on your OKRs every week to get the full 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, once you get comfortable you can graduate to a proper OKRs-tracking tool.
![A strategy map in Tability](https://tability-templates-v2.vercel.app/_next/static/media/tability_strategy_map.2ad25843.png)
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 Equipment Downtime OKR templates
We have more templates to help you draft your team goals and OKRs.
OKRs to improve efficiency and accuracy of Salesforce data migration process
OKRs to improve user experience design and expand research scope
OKRs to enhance the architecture of accounting, financial, and tax processes
OKRs to reduce overall IT expenditure per employee
OKRs to significantly reduce total work hours without compromising productivity
OKRs to successfully migrate personal finance API to a standalone microservices module
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.