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What are Governance 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.
We have curated a selection of OKR examples specifically for Governance 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 Governance 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.
Governance OKRs examples
We've added many examples of Governance 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 ensure compliance through complete closing of audit findings for data governance
ObjectiveEnsure compliance through complete closing of audit findings for data governance
KRAchieve 100% closure of existing data governance audit findings
Implement corrections and verify completion- Review all existing data governance audit findings
- Develop a detailed rectification plan
- KRConduct two training sessions on data governance improvements and achieve 90% staff attendance
- KRImplement improvements highlighted from audit findings in 80% of relevant areas
- Track and document all changes made
- Identify areas needing improvement from audit findings
- Prioritize implementing changes in 80% of these areas
OKRs to enhance data governance by building a robust business catalog
- ObjectiveEnhance data governance by building a robust business catalog
- KRIncrease number of cataloged business assets by 30%
- Initiate an equipment inventory audit across all departments
- Invest in new business assets and update registry
- Encourage employees to report unregistered assets
- KRAchieve 95% data accuracy and completeness in the built business catalog
- Train staff on data accuracy importance and techniques
- Implement rigorous data validation procedures
- Conduct regular audits and cleanups of existing data
- KREstablish standardized cataloging and data stewardship guidelines applicable across all departments
- Develop guidelines for standardized cataloging and data stewardship
- Communicate guidelines to all department heads for implementation
- Monitor department compliance with standardized procedures
OKRs to implement effective Data Governance Framework Agency-wide
- ObjectiveImplement effective Data Governance Framework Agency-wide
- KRTrain 80% of relevant staff members on data governance principles and practices
- Develop or acquire a data governance training program
- Schedule and conduct training sessions for identified staff
- Identify relevant staff for data governance training
- KRAchieve 90% compliance with the newly implemented data governance framework
- Train all team members on the new data governance framework
- Conduct regular compliance audits for monitoring adherence
- Implement reward scheme for compliance achievements
- KRSet up clear data governance policies and procedures by next quarter
- Implement, review, and refine drafted data governance procedures
- Draft initial policies and procedures for data governance
- Identify key stakeholders for creating data governance policies
OKRs to establish efficient AI governance structure
- ObjectiveEstablish efficient AI governance structure
- KRImplement an AI ethics board to ensure 100% compliance oversight by the quarter's end
- Identify key stakeholders for participation in the AI ethics board
- Develop ethical guidelines and compliance requirements for AI use
- Schedule and conduct regular board meetings for oversight review
- KRDevelop comprehensive AI governance policy aligning with national and international regulations
- Research and analyze existing national and international AI regulations
- Organize expert review and feedback sessions on the drafted policy
- Draft AI governance policy aligned with researched regulations
- KRTrain 75% of relevant staff in AI governance principles and policy adherence
- Coordinate effective AI governance principles training
- Monitor and track training completion rates
- Identify staff members relevant for AI governance training
OKRs to enhance and streamline security governance framework
- ObjectiveEnhance and streamline security governance framework
- KRAchieve 100% staff completion of cyber security training program
- Enforce disciplinary measures for non-compliance
- Assign mandatory cybersecurity training program to all staff
- Monitor progress of staff training completion weekly
- KRConduct a comprehensive risk assessment across all departments
- Evaluate and prioritize each potential risk
- Develop a plan to mitigate identified risks
- Identify the potential risks in each department
- KRImplement advanced threat detection system in 90% of the network infrastructure
- Test system coverage across the entire network infrastructure
- Identify current gaps in the network's threat detection system
- Procure and install advanced threat detection software
OKRs to implement efficient governance for internal communications and editorial
- ObjectiveImplement efficient governance for internal communications and editorial
- KRMonitor and reduce communication or editorial inconsistencies by 50%
- Provide consistent editorial training to staff
- Implement a standardized communication style guide
- Regularly assess and correct content discrepancies
- KRDevelop a comprehensive communication governance guide by end of next quarter
- Review, refine and finalize the guide
- Design and develop the preliminary guide draft
- Gather necessary communication aspects and requirements
- KRTrain 80% of internal communication and editorial staff on new governance rules
- Monitor and confirm staff participation in sessions
- Identify internal staff requiring training on new governance rules
- Organize training sessions on new governance rules
OKRs to enhance and streamline Board operations
- ObjectiveEnhance and streamline Board operations
- KRDevelop and adopt a comprehensive Board governance framework
- Secure Board approval and implement the framework
- Create a custom board governance framework plan
- Research existing governance frameworks for benchmarking
- KRImprove Board communication channels, achieving 100% Director satisfaction rate
- Establish an effective, streamlined communication system
- Implement regular, structured meetings for all board members
- Conduct satisfaction surveys to gauge director feedback
- KRIncrease Board meeting efficiencies by 20% through adoption of digital tools
- Provide training on utilization of digital tools for presentations
- Implement a digital scheduling system for coordinating board meetings
- Introduce digital voting platform for decision-making
OKRs to enhance data governance maturity with metadata and quality management
- ObjectiveEnhance data governance maturity with metadata and quality management
- KRImplement an enterprise-wide metadata management strategy in 75% of departments
- Train department leads on the new metadata strategy implementation
- Develop custom metadata strategy tailored to departmental needs
- Identify key departments requiring metadata management strategy
- KRDecrease data-related issues by 30% through improved data quality measures
- Incorporate advanced data quality check software
- Implement a rigorous data validation process
- Offer periodic training on data management best practices
- KRTrain 80% of the team on data governance and quality management concepts
- Identify team members requiring data governance training
- Conduct quality management training sessions
- Schedule training on data governance concepts
OKRs to strengthen cybersecurity governance and ensure compliance
- ObjectiveStrengthen cybersecurity governance and ensure compliance
- KRReduce cybersecurity incidents by 30% through enhanced security measures and systems
- Conduct regular cybersecurity awareness trainings for employees
- Enforce strict password policies and two-factor authentication
- Implement advanced antivirus and firewall systems across all devices
- KRImplement, test, and document improvements to 20% of security policies and protocols
- Develop and implement improvements for selected policies
- Identify 20% of security policies needing improvements
- Write documentation detailing all modified protocols
- KRComplete cybersecurity training and compliance certification for 90% of team members
- Monitor training progress and check completion
- Facilitate compliance certification for trained members
- Identify and enroll team members in cybersecurity training
OKRs to enhance enterprise-wide governance, risk, and compliance
- ObjectiveEnhance enterprise-wide governance, risk, and compliance
- KRImplement a robust governance framework across 70% of the company departments
- Train department heads on governance procedures
- Identify key departments needing governance framework implementation
- Develop a tailored governance framework
- KRDecrease non-compliance incidents by 30% through improved risk management procedures
- Implement mandatory risk management training for all employees
- Improve surveillance audits to detect non-compliance
- Update compliance policies to reflect current legislation
- KRTrain 100% of the staff on compliance regulations and company policies
- Schedule training sessions for all staff members
- Monitor and document staff's training progress
- Develop a comprehensive compliance and policy training program
Governance 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
Having too many OKRs is the #1 mistake that teams make when adopting the framework. The problem with tracking too many competing goals is that it will be hard for your team to know what really matters.
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
Setting good goals can be challenging, but without regular check-ins, your team will struggle to make progress. We recommend that you track your OKRs weekly to get the full benefits from the framework.
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
Your quarterly OKRs should be tracked weekly if you want to get all the benefits of the OKRs 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 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 Governance OKR templates
We have more templates to help you draft your team goals and OKRs.
- OKRs to develop the skills and knowledge of junior data scientists
- OKRs to boost incremental revenue generation from CRM channels
- OKRs to improve company's profit margins
- OKRs to implement HR automation tools to increase efficiencies
- OKRs to elevate Rep-client relationship building skills
- OKRs to improve your writing skills