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What are Management 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.
How you write your OKRs can make a huge difference on the impact that your team will have at the end of the quarter. But, it's not always easy to write a quarterly plan that focuses on outcomes instead of projects.
That's why we have created a list of OKRs examples for Management to help. You can use any of the templates below as a starting point to write 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 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.
Management OKRs examples
You'll find below a list of Objectives and Key Results templates for 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 implement robust third-party risk management system
ObjectiveImplement robust third-party risk management system
KRAchieve 95% completion of resilience testing and contingency planning for identified risks
Identify and list all possible risks in the operational process- Develop and initiate resilience testing for each identified risk
- Devise contingency plans for each risk based on test results
- KRDevelop and launch third-party risk grading system impacting 80% of relationships
- Identify key risk factors impacting third-party relationships
- Develop a grading system based on these factors
- Implement and communicate the grading system to relevant parties
- KRIdentify and document 100% of third-party relationships and inherent risks
- Catalogue all existing third-party relationships
- Assess and note each relationship's inherent risk
- Create a comprehensive documentation of findings
OKRs to enhance and streamline our risk management processes
- ObjectiveEnhance and streamline our risk management processes
- KRIdentify and document at least 30 potential risks impacting our business operations
- Document all identified risks in a risk register
- Categorize each risk and its potential impact
- Conduct a comprehensive risk identification process
- KRImplement risk mitigation strategies for 100% of identified top-priority risks
- Identify and prioritize all potential risks within the operation
- Develop appropriate countermeasures for top-priority risks
- Implement and monitor these mitigation strategies consistently
- KRAchieve a 20% decrease in operational disruptions due to better risk management
- Implement risk management training for all operational employees
- Introduce proactive maintenance system to avoid disruptions
- Regularly review and update risk management strategies
OKRs to to excel in autonomous project management
- ObjectiveTo excel in autonomous project management
- KRComplete 100% of projects within the designated timeframe and budget
- Prioritize projects based on deadlines and budget parameters
- Consistently monitor progress towards project goals
- Efficiently manage resources and time allocation
- KRImplement 3 new innovative project management methods to improve efficiency
- Research latest innovative project management methodologies
- Select and plan implementation of three methods
- Train staff on new techniques and monitor efficiency impacts
- KRImprove project success rate by 20% through streamlined decision making
- Review and revise current project management processes
- Invest in decision-making training for project leads
- Implement a clear decision-making hierarchy within project teams
OKRs to identify the most efficient lifecycle management tools
- ObjectiveIdentify the most efficient lifecycle management tools
- KRConduct interviews with 5 users of each shortlisted tool for firsthand reviews
- Prepare thoughtful, relevant interview questions
- Schedule and conduct user interviews
- Identify and contact 5 users from each shortlisted tool
- KREvaluate at least 10 different lifecycle management tools by end of quarter
- Research and assess each tool's functionalities
- Identify potential lifecycle management tools to evaluate
- Compile findings and make recommendations
- KRPresent a detailed comparative report highlighting top 3 tools based on predefined parameters
- Analyze and compare the functionality of each tool
- Identify top three tools based on predefined parameters
- Compile a detailed comparative report for presentation
OKRs to improve time management and task prioritization
- ObjectiveImprove time management and task prioritization
- KRIncrease productivity by completing 90% of priority tasks
- Minimize distractions by creating a focused work environment
- Use time blocking techniques to allocate dedicated time for priority tasks
- Set clear and specific goals for each priority task
- Prioritize tasks based on urgency and importance
- KRDevelop a daily schedule that ensures adequate time allocation for important tasks
- Regularly review and adjust the daily schedule to ensure optimal time allocation
- Minimize distractions by setting boundaries and establishing designated work areas or times
- Allocate specific time blocks for each important task in the daily schedule
- Identify and prioritize important tasks based on urgency and importance
- KRReduce time wasted on low-value activities by 50%
- Identify low-value activities through a comprehensive analysis of daily tasks
- Delegate low-value activities to appropriate team members for increased productivity
- Implement time management techniques, such as prioritizing tasks and setting realistic deadlines
- Continuously review and optimize processes to eliminate or automate low-value activities
- KRAttend time management training to learn effective techniques
- Research and find a suitable time management training program
- Enroll in the selected time management training course
- Implement and practice the learned time management techniques consistently
- Actively participate and engage in all training sessions
OKRs to attain the position of Technical Program Management Director
- ObjectiveAttain the position of Technical Program Management Director
- KRIncrease team's KPI achievement by 15%
- Boost employee motivation through incentives
- Implement regular team goal-setting and tracking sessions
- Enhance training programs to improve skillset
- KRSuccessfully lead five cross-functional projects, improving completion rate by 20%
- Identify and assemble cross-functional project teams
- Implement and monitor project management strategies
- Establish clear project goals and timelines
- KRComplete advanced leadership course for relevant career development
- Enroll in a suitable course based on relevance to career
- Research available advanced leadership courses online
- Complete all coursework and assessments on schedule
OKRs to enhance proficiency in time management
- ObjectiveEnhance proficiency in time management
- KRImplement a daily scheduling routine and adhere to it 90% of the time
- Set reminders for each scheduled task
- Review and adjust the routine weekly
- Create a daily schedule outlining tasks and times
- KRComplete online time management course by mid-quarter
- Complete the online time management course
- Register for the online time management course
- Dedicate regular weekly hours for course study
- KRReduce weekly wasted time by half assessed via a time tracking tool
- Implement a time tracking tool to monitor weekly activities
- Identify areas of wasted time and inefficiency
- Develop new routines to streamline workload
OKRs to enhance efficiency and productivity within the legal team
- ObjectiveEnhance efficiency and productivity within the legal team
- KRDecrease legal document retrieval time by instituting efficient filing system by 30%
- Establish a consistent filing schedule
- Train staff on efficient document filing methods
- Implement a comprehensive digital organizing system
- KRFacilitate team training sessions to increase competency in data management by 20%
- Identify key skills for improved data management competency
- Develop comprehensive team training sessions
- Monitor and evaluate progression and improvements
- KRImplement a new legal case management software to reduce process time by 25%
- Train team on the new software usage
- Identify suitable legal case management software
- Monitor and assess efficiency improvements
OKRs to improve effectiveness of vendor management as a recruiter
- ObjectiveImprove effectiveness of vendor management as a recruiter
- KRDecrease vendor-related issues by 30%
- Foster better communication with vendors
- Monitor and assess vendor performance regularly
- Implement a more effective vendor selection process
- KRImprove satisfaction rate in regular vendor surveys by 15%
- Develop a vendor appreciation scheme
- Evaluate and improve current vendor management procedures
- Implement regular feedback sessions with vendors
- KRIncrease number of reliable vendors by 20%
- Research and identify potential, reputable industry vendors
- Negotiate contracts and onboard qualified vendors
- Initiate contact and vet new vendors for reliability
OKRs to enhance risk management in the finance department
- ObjectiveEnhance risk management in the finance department
- KRDecrease risk-related financial losses by 15%
- Strengthen internal audit procedures
- Provide staff training on risk management
- Implement regular financial risk assessment strategies
- KRDevelop and train staff on 3 new risk mitigation strategies
- Identify and outline 3 new risk mitigation strategies
- Prepare a comprehensive training program around these strategies
- Schedule and conduct training sessions for staff
- KRImplement risk assessment tools to identify 20% more financial risks
- Choose appropriate risk assessment tools
- Train staff on proper tool usage
- Monitor and measure effectiveness regularly
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
Focus can only be achieve by limiting the number of competing priorities. It is crucial that you take the time to identify where you need to move the needle, and avoid adding business-as-usual activities to your 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
Having good goals is only half the effort. You'll get significant more value from your OKRs if you commit to a weekly check-in process.
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 Management OKR templates
We have more templates to help you draft your team goals and OKRs.
- OKRs to enhance the efficiency of adviser training programs
- OKRs to successfully launch a new product
- OKRs to streamline and Automate UPI Backend Operations
- OKRs to achieve a 2.4X boost in revenue growth for the year
- OKRs to implement single account just-in-time access system
- OKRs to amplify employee satisfaction and overall wellbeing