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What are Performance Management System 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.
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 Management System 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.
The best tools for writing perfect Performance Management System 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.
Performance Management System OKRs examples
We've added many examples of Performance Management System Objectives and Key Results, but we did not stop there. Understanding the difference between OKRs and projects is important, so we also added examples of strategic initiatives that relate to the OKRs.
Hope you'll find this helpful!
OKRs to enhance organisational acceleration with effective performance management system
ObjectiveEnhance organisational acceleration with effective performance management system
KRIncrease utilization of performance management system by 20%
Provide regular feedback through the system- Conduct training sessions on performance management system usage
- Develop incentives for frequent system usage
- KRImprove average team performance scores by 30%
- Develop and integrate comprehensive team training programs
- Create a system of team performance incentives
- Implement regular, constructive feedback sessions
- KRAchieve a productivity increase of 25% through the enhanced system
- Evaluate current system for potential productivity improvements
- Implement enhancements in the system that increase efficiency
- Monitor and adjust new system operations as needed
OKRs to streamline and enhance the performance management system
- ObjectiveStreamline and enhance the performance management system
- KRTrain all managers on the new system, achieving 90% implementation accuracy
- Schedule training sessions for all managers on the new system
- Develop assessment method to gauge implementation accuracy
- Provide additional training for those below 90% accuracy
- KRDevelop and finalize the revised system structure by engaging 75% of department heads
- Outline proposed system changes for department heads review
- Incorporate feedback and finalize system structure
- Gather feedback from 75% of department heads
- KRImprove employee satisfaction rate with the system by at least 20%
- Provide continuous user training improvement opportunities
- Implement system updates based on survey feedback
- Conduct a survey to identify current system dissatisfaction areas
OKRs to execute foundational groundwork for our 2025 performance management system
- ObjectiveExecute foundational groundwork for our 2025 performance management system
- KREvaluate and select two potential software providers for the new system
- Identify two potential software providers based on system requirements
- Make a final decision to select two suitable software providers
- Compare features, prices, and customer reviews of selected providers
- KRDevelop and secure approval for a detailed project implementation plan
- Draft a detailed project implementation plan
- Revise and secure approval for the plan
- Submit proposal to decision-makers for review
- KRGather performance related feedback from 80% of existing employees
- Distribute the survey to all existing employees
- Develop a concise survey for performance-related feedback
- Remind employees to complete the survey
OKRs to optimize and enhance the existing system architecture
- ObjectiveOptimize and enhance the existing system architecture
- KRFinalize an assessment of current system architecture within two weeks
- Evaluate performance and compatibility issues
- Identify existing system architecture components
- Compile a final assessment report for review
- KREnsure zero system downtime for two weeks post-implementation of changes
- Schedule regular system checks to identify possible issues
- Train staff on change management procedures
- Establish a rapid-response troubleshooting team
- KRDevelop and implement an upgrade plan for at least 20% performance increase
- Deploy upgrade and evaluate performance changes
- Identify performance-impinging areas in the current system
- Design a technology upgrade that targets these areas
OKRs to implement successful project tracking and KPI definition system
- ObjectiveImplement successful project tracking and KPI definition system
- KRDevelop a comprehensive tracking system to monitor project outcomes by week 6
- Design a comprehensive tracking system architecture
- Identify key project outcomes for weekly tracking
- Implement the tracking system by the 6th week
- KRAchieve 90% of project KPI targets by the end of the quarter
- Review all current project KPIs and identify areas of improvement
- Monitor and adjust those strategies regularly
- Develop strategies to enhance performance in underachieving areas
- KREstablish detailed success criteria for 3 major projects by week 4
- Develop detailed criteria for each project
- Identify 3 major projects needing success criteria
- Set and confirm criteria by week 4
OKRs to implement unbiased performance evaluations system
- ObjectiveImplement unbiased performance evaluations system
- KRDevelop a new evaluation tool that removes subjective bias by end of Q2
- Prototype, test, and finalize the developed tool
- Design a framework outline for a new, unbiased tool
- Research existing evaluation tools and identify their bias issues
- KRDecrease variance in appraisal scores across different genders to less than 10%
- Regularly review and adjust appraisal criteria
- Implement bias-deterrent policies in the appraisal process
- Train managers on gender-neutral performance evaluations
- KRTrain all managers on the new evaluation process within the next 60 days
- Create a comprehensive training schedule for all managers
- Conduct feedback sessions post-training for improvement
- Distribute training resources and materials to managers
OKRs to enhance performance and efficiency of SharePoint Online Storage service
- ObjectiveEnhance performance and efficiency of SharePoint Online Storage service
- KREnsure 99% uptime for the SharePoint Online Storage service
- Implement a backup and recovery plan
- Regularly monitor SharePoint server health for potential issues
- Apply necessary patches and updates without delay
- KRDecrease data retrieval time by 15%
- Implement a better indexing system for quicker data search
- Optimize database queries to reduce redundancy
- Upgrade hardware to improve data processing speed
- KRIncrease data upload speed by 20%
- Implement data compression techniques
- Optimize server's upload bandwidth setting
- Upgrade to a high-speed internet service
Performance Management System 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
Most teams should start with a spreadsheet if they're using OKRs for the first time. Then, you can move to 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 Performance Management System OKR templates
We have more templates to help you draft your team goals and OKRs.
- OKRs to develop and launch the MVP for a real estate application
- OKRs to enhance the efficiency and accuracy of our web crawler
- OKRs to improve the group's understanding and relatability of given information
- OKRs to boost training effectiveness for improved profitability
- OKRs to fully integrate Abnormal Security tool in SecOps ecosystem with IT partnership
- OKRs to successful communication of global software project rollout