Tability is a cheatcode for goal-driven teams. Set perfect OKRs with AI, stay focused on the work that matters.
What are Industry Standards 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.
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 Standards 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 Industry Standards 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.
Industry Standards OKRs examples
You'll find below a list of Objectives and Key Results templates for Industry Standards. 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!
OKRs to achieve 100% compliance with relevant industry regulations and standards
ObjectiveEnsure regulatory compliance in all operations
KREstablish a system for continuous monitoring and reporting of compliance status
Define metrics to track compliance- Schedule regular compliance audits
- Establish communication protocol for reporting
- Design compliance reporting dashboard
- KRAchieve 100% compliance with all relevant regulations and standards
- Stay up-to-date with changes to regulations and standards
- Conduct regular audits to ensure compliance
- Provide ongoing training to employees
- Implement measures to address non-compliance
- KRDevelop and implement an updated compliance training program for all employees
- Launch new compliance training program online and in-person
- Evaluate effectiveness of updated program through employee feedback and assessments
- Conduct a needs assessment to identify compliance training gaps
- Create new, engaging training materials for all job functions
- KRConduct a full audit of all operations and identify areas of regulatory risk
- Identify gaps in compliance procedures and create action plan
- Review each operation for compliance risks
- Conduct training on regulations and compliance procedures
- Evaluate existing controls and their effectiveness
OKRs to develop a comprehensive observability platform that exceeds industry standards
- ObjectiveDevelop a comprehensive observability platform that exceeds industry standards
- KRIncrease data collection efficiency by 30% through optimized instrumentation and monitoring agents
- KRIncrease user satisfaction by 20% through an intuitive and user-friendly interface
- Streamline navigation by simplifying menus and reducing the number of clicks
- Provide clear and concise instructions to guide users through the interface effectively
- Revise interface design based on user feedback and usability best practices
- Conduct user testing to identify pain points and areas for improvement
- KRImprove system reliability by reducing incidents and downtime by 25%
- Enhance employee training on system operations and troubleshooting techniques
- Implement proactive monitoring to detect and fix issues before they cause incidents
- Conduct regular system maintenance and updates to prevent potential downtime
- Establish backup and disaster recovery protocols for quick restoration in case of incidents
- KRAchieve 95% platform uptime to ensure continuous real-time observability for users
OKRs to achieve compliance with industry standards and regulations
- ObjectiveAttain regulatory compliance with industry standards
- KRPass all required audits with no major findings or violations
- KRAchieve 100% compliance with all applicable regulations and standards
- KRImplement and maintain a comprehensive compliance monitoring program
- KRTrain 100% of staff on updated compliance policies and procedures
Industry Standards 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
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 Industry Standards OKR templates
We have more templates to help you draft your team goals and OKRs.
- OKRs to streamline incident response process to reduce time by 15%
- OKRs to implement single account just-in-time access system
- OKRs to enhance travel agent business through video competition
- OKRs to foster promotional activities to secure 10 quality leads
- OKRs to achieve weight loss through moderate dieting and regular exercise
- OKRs to establish a high-performing IT team