3 customisable OKR examples for Industry Analysis
What are Industry Analysis OKRs?
The OKR acronym stands for Objectives and Key Results. It's a goal-setting framework that was introduced at Intel by Andy Grove in the 70s, and it became popular after John Doerr introduced it to Google in the 90s. OKRs helps teams has a shared language to set ambitious goals and track progress towards them.
Formulating strong OKRs can be a complex endeavor, particularly for first-timers. Prioritizing outcomes over projects is crucial when developing your plans.
We've tailored a list of OKRs examples for Industry Analysis 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.
Building your own Industry Analysis 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 Industry Analysis OKRs examples
You'll find below a list of Objectives and Key Results templates for Industry Analysis. 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 develop core skills for beginner business analyst
- Develop core skills for beginner business analyst
- Deliver 3 industry-related analysis projects demonstrating key learned concepts
- Identify relevant industry-related topics for analysis projects
- Complete and present all three analysis projects
- Incorporate key learned concepts into each project
- Complete a certified business analyst training course with at least 85% score
- Aim to achieve a final exam score of 85% or higher
- Consistently study course materials for comprehension
- Enroll in a certified business analyst training course
- Attend 5 relevant industry webinars to improve networking and knowledge
- Attend and actively participate in each webinar
- Register for the chosen webinars
- Research and select 5 industry relevant webinars to attend
2. OKRs to acquire comprehensive understanding of various companies' missions
- Acquire comprehensive understanding of various companies' missions
- Read and analyze mission statements from 50 different industries each week
- Obtain mission statements from each industry
- Compile a list of 50 different industries
- Schedule weekly sessions to read and analyze statements
- Conduct four in-depth case studies on companies with unique missions monthly
- Identify four companies with unique missions
- Research company background and specifics
- Compile findings into comprehensive case studies
- Participate in two webinars or relevant industry events every month
- Schedule and register for two relevant events
- Attend and actively participate in webinars/events
- Research upcoming webinars or industry events in your field
3. OKRs to identify and assess AI tools available in the market
- Identify and assess AI tools available in the market
- Evaluate 10 potential AI tools against predefined criteria by the end of Q2
- Research and select 10 AI tools for review
- Assign scores to each tool based on criteria
- Define specific criteria for evaluation
- Compile a detailed report illustrating the pros and cons of each examined tool
- Identify and examine each tool's features
- Compile detailed comparison report
- Analyze pros and cons of each tool
- Conduct 20 market interviews to determine popular AI tools amongst industry experts
- Draft comprehensive, insightful interview questions
- Conduct, record and analyze the interviews
- Identify and target 20 industry experts in AI
Industry Analysis 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
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.
How to turn your Industry Analysis 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
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 Industry Analysis OKR templates
We have more templates to help you draft your team goals and OKRs.
OKRs to reduce 90 days past due balances OKRs to excel academically, maintaining perfect scores, and augment intelligence OKRs to achieve full productivity in general accounting role OKRs to improve the Disaster Recover process OKRs to enhance the performance and usability of the technical website OKRs to upgrade and streamline physical security operations
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.