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tability.ioWhat are Performance Assessment 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.
Crafting effective OKRs can be challenging, particularly for beginners. Emphasizing outcomes rather than projects should be the core of your planning.
We have a collection of OKRs examples for Performance Assessment to give you some inspiration. You can use any of the templates below as a starting point for your OKRs.
If you want to learn more about the framework, you can read our OKR guide online.
Performance Assessment OKRs examples
You will find in the next section many different Performance Assessment Objectives and Key Results. We've included strategic initiatives in our templates to give you a better idea of the different between the key results (how we measure progress), and the initiatives (what we do to achieve the results).
Hope you'll find this helpful!
OKRs to execute impactful strategies to accomplish my goal
ObjectiveExecute impactful strategies to accomplish my goal
KRDefine 3 effective strategies for goal completion through thorough analysis by week 2
Refine strategies based on thorough analysis outcomes- Identify specific strategies to enhance goal completion
- Analyze effectiveness of strategies within two weeks
- KRAchieve at least 90% of the desired outcome using the implemented strategies by week 12
- Review and adjust implemented strategies weekly
- Measure weekly progress towards the desired outcome
- Conduct regular team performance assessments
- KRImplement the defined strategies in 70% of the task areas by week 6
- Identify and prioritize top 70% of task areas requiring strategy implementation
- Facilitate team training sessions to ensure strategy understanding and adoption
- Develop and schedule a detailed strategy rollout plan for week 6
OKRs to implement a robust compliance training program
- ObjectiveImplement a robust compliance training program
- KRDesign and launch comprehensive training modules for 90% of employees by end of quarter
- Identify necessary knowledge areas for training module design
- Develop comprehensive training programs for identified areas
- Deploy training modules for use by employees
- KRAchieve 80% passing scores in post-training assessments
- Regularly monitor and feedback on trainee performance
- Develop comprehensive study materials for post-training review
- Implement consistent tutoring or study sessions
- KRReceive positive feedback (at least 75% satisfaction rate) from the participants
- Encourage participants to provide feedback
- Develop engaging, relevant content for participants
- Continually improve based on feedback received
OKRs to develop robust metrics for social media content assessment
- ObjectiveDevelop robust metrics for social media content assessment
- KRMinimize measurement errors to 2% or less across all evaluated social media content
- Implement precise analytics tools for accurate data collection
- Regularly audit data sets to identify discrepancies
- Train teams on data collection best practices
- KRCreate a standardized measurement framework for evaluating content by week 8
- Review existing content evaluation methods by week 2
- Finalize and implement framework by week 8
- Establish criteria for standardized measurements by week 5
- KRIdentify and define 10 key performance indicators for social media by the end of week 4
- Prepare definitions for each chosen indicator
- Research potential key performance indicators for social media
- Draft list of the 10 most relevant indicators
OKRs to optimize the performance of our venture capital portfolio
- ObjectiveOptimize the performance of our venture capital portfolio
- KRConduct 30+ thorough due diligence to identify promising start-ups for investment
- Present and discuss findings with the investment committee for decision making
- Compile a list of potential startups based on industry trends and financial health
- Conduct a detailed analysis of each startup's business model and market potential
- KRIncrease portfolio ROI by 15% through strategic investments and diversification
- Review current portfolio, identify underperforming assets
- Conduct market research for profitable investment opportunities
- Develop and implement a diversification strategy
- KRDecrease underperforming investments by 20% by performing comprehensive risk assessments
- Conduct comprehensive risk assessments on each asset
- Identify underperforming investments in your portfolio
- Strategically sell off 20% of underperforming assets
How to write your own Performance Assessment 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.
Performance Assessment 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 Performance Assessment OKRs
Quarterly OKRs should have weekly updates to get all the 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 Performance Assessment OKR templates
We have more templates to help you draft your team goals and OKRs.
- OKRs to optimize and excel as an innovative agile team
- OKRs to enhance ability to communicate affirmative responses effectively
- OKRs to enhance company's knowledge base and documentation
- OKRs to improve QA progress tracking across all projects
- OKRs to increase accuracy and efficiency in processing payrolls
- OKRs to elevate recognition and perception of our brand