Tability is a cheatcode for goal-driven teams. Set perfect OKRs with AI, stay focused on the work that matters.
What are Fraud Reporting 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've tailored a list of OKRs examples for Fraud Reporting to help you. You can look at any of the templates below to get some inspiration for 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 Fraud Reporting 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.
Fraud Reporting OKRs examples
You will find in the next section many different Fraud Reporting 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 implement fraud reporting applications for customers
- ObjectiveImplement fraud reporting applications for customers
- KRLaunch application and achieve 30% adoption among active customers within one month
- Initiate a marketing campaign for app awareness
- Offer attractive incentives for initial app adopters
- Develop a user-friendly and appealing app interface
- KRTest application with 100 users within three weeks of prototype completion
- Finalize prototype for application testing
- Recruit 100 users for application testing
- Conduct application testing within three weeks
- KRDevelop a prototype for the fraud reporting application in two weeks
- Develop a functional prototype within the deadline
- Conduct and document initial usability tests
- Outline necessary features for the fraud reporting app
OKRs to enhance focus and accountability in Fraud Investigations Department
- ObjectiveEnhance focus and accountability in Fraud Investigations Department
- KRIncrease cases solved per investigator by 30% through focused team training
- Establish performance tracking to measure progress
- Implement specialized team training on investigation techniques
- Evaluate current investigation strategies for potential improvement
- KRAchieve 100% timely status update for ongoing fraud investigations for accountability
- Assign a team member responsible for tracking and updating status
- Conduct weekly checks to ensure all reports are up-to-date
- Implement a daily reporting system for all ongoing fraud investigations
- KRImplement advanced fraud detection tools to improve detection rate by 25%
- Research available advanced fraud detection tools on the market
- Train staff on how to utilize new detection software effectively
- Purchase and integrate chosen fraud detection tool into system
Fraud Reporting 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
The rules of OKRs are simple. Quarterly OKRs should be tracked weekly, and yearly OKRs should be tracked monthly. 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 Fraud Reporting OKR templates
We have more templates to help you draft your team goals and OKRs.
OKRs to successfully migrate all applications to a secure DevOps pipeline OKRs to enhance overall mental health wellness OKRs to identify and assess new growth opportunities OKRs to enhance the accessibility and utility of Customer Care Applications OKRs to enhance net revenue retention (NRR) OKRs to enhance environmental responsibility in our daily operations