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tability.ioWhat 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.
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
How to write your own Industry Standards OKRs
1. Get tailored OKRs with an AI
You'll find some examples below, but it's likely that you have very specific needs that won't be covered.
You can use Tability's AI generator to create tailored OKRs based on your specific context. Tability can turn your objective description into a fully editable OKR template -- including tips to help you refine your goals.
- 1. Go to Tability's plan editor
- 2. Click on the "Generate goals using AI" button
- 3. Use natural language to describe your goals
Tability will then use your prompt to generate a fully editable OKR template.
Watch the video below to see it in action 👇
Option 2. Optimise existing OKRs with Tability Feedback tool
If you already have existing goals, and you want to improve them. You can use Tability's AI feedback to help you.
- 1. Go to Tability's plan editor
- 2. Add your existing OKRs (you can import them from a spreadsheet)
- 3. Click on "Generate analysis"
Tability's Strategy Map makes it easy to see all your org's OKRsTability 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.
You can then decide to accept the suggestions or dismiss them if you don't agree.
Option 3. Use the free OKR generator
If you're just looking for some quick inspiration, you can also use our free OKR generator to get a template.
Unlike with Tability, you won't be able to iterate on the templates, but this is still a great way to get started.
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.
How to track your Industry Standards OKRs
Your quarterly OKRs should be tracked weekly in order 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 a proper OKR platform to make things easier.
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 Standards OKR templates
We have more templates to help you draft your team goals and OKRs.
- OKRs to enhance Cybersecurity Regulatory Intelligence
- OKRs to achieve regulatory compliance and manage change within budget
- OKRs to enhance my SCRUM proficiency
- OKRs to improve employee wellbeing
- OKRs to enhance IT Helpdesk Support and Data Analysis for IT Projects
- OKRs to establish a comprehensive new hire onboarding program