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What are Lean Management 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 Lean Management 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 Lean Management 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.
Lean Management OKRs examples
You'll find below a list of Objectives and Key Results templates for Lean Management. 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 streamline and optimize company's resource management
- ObjectiveStreamline and optimize company's resource management
- KRIncrease team productivity by 20% through effective resource scheduling and planning
- Implement resource planning software to track productivity
- Streamline scheduling system for optimized team workflow
- Train staff on effective time-management strategies
- KRAchieve a 15% decrease in operational cost via resource allocation optimization
- KRReduce resource waste by 25% through implementing lean management techniques
- Conduct lean management training for all team members
- Initiate process mapping to identify waste areas
- Implement lean management recommendations
OKRs to boost gross margin in warehouse operations
- ObjectiveBoost gross margin in warehouse operations
- KRImprove warehouse inventory turnover rate by 20%
- Implement an efficient automated inventory management system
- Conduct regular stock evaluations and adjustments
- Train staff on inventory turnover improvement strategies
- KRIncrease efficiency of warehouse processes by 15% using lean methodologies
- Monitor, assess and improve warehouse processes regularly
- Train staff on efficiency-enhancing techniques and procedures
- Implement lean methodologies for streamlined warehouse operations
- KRImplement a 10% reduction in non-essential operational expenses by quarter-end
- Review all non-essential expenses in detail
- Develop and enforce a budget reduction plan
- Identify areas for potential cost cuts
OKRs to transform company with lean and agile focus
- ObjectiveTransform company with lean and agile focus
- KRIncrease customer satisfaction by delivering products and services faster through agile development
- Conduct regular customer satisfaction surveys to collect feedback and identify areas for improvement
- Set achievable and aggressive timelines for each project to ensure faster product and service delivery
- Implement agile development process to streamline product and service delivery workflows
- Invest in employee training and development to enhance skills and productivity in agile development
- KRIncrease employee engagement by implementing lean and agile practices for better collaboration
- Establish cross-functional teams to encourage collaboration and knowledge sharing among employees
- Conduct training sessions on lean and agile practices for all employees
- Implement regular feedback loops and communication channels to foster open dialogues between employees and management
- Recognize and reward employees who actively participate in lean and agile practices
- KRReduce operational waste by implementing lean principles and achieving measurable efficiency improvements
- Monitor progress regularly through key performance indicators and adjust strategies as needed
- Conduct a waste assessment to identify areas with potential for improvement
- Streamline processes by eliminating non-value added activities and optimizing workflows
- Develop a lean implementation plan with clear goals, roles, and responsibilities
- KRImprove team performance by conducting regular agile training and implementing continuous improvement practices
- Develop and implement strategies for continuous improvement based on analysis results
- Implement a system for gathering feedback and suggestions from team members
- Analyze team performance data and identify areas for improvement
- Schedule regular agile training sessions for the team
OKRs to enhance maturity and adoption of lean/scaled Agile delivery practices
- ObjectiveEnhance maturity and adoption of lean/scaled Agile delivery practices
- KRConfirm 85% staff satisfaction with the transition to Agile practices via survey
- Analyze the received feedback for satisfaction rate
- Develop a clear and concise survey measuring Agile practice satisfaction
- Distribute the survey to all staff members
- KRAchieve 25% productivity increase through lean/Agile methodologies implementation
- Identify areas for process optimization using lean/Agile methodologies
- Monitor and adjust strategies for continuous productivity improvement
- Implement selected lean/Agile practices in those identified areas
- KRImplement lean/scaled Agile training for 90% of delivery team members
- Track team members’ progress post-training
- Schedule training for 90% of the team members
- Identify appropriate Agile training program for delivery team
Lean Management 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
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 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 Lean Management OKR templates
We have more templates to help you draft your team goals and OKRs.
OKRs to scale development with a design system OKRs to enhance app personalization and customization OKRs to explore doctors' insights in prescribing COVID-19 antivirals OKRs to achieve acknowledgment of all reported outages within SLA OKRs to implement Unified Standards Across all Hospital Units OKRs to establish robust security controls for DHS/ATO and NATO contracts