7 OKR examples for Performance Management System
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.
Building your own Performance Management System OKRs with AI
How to create great OKRs for any scenario in seconds
While we have some examples available, it's likely that you'll have specific scenarios that aren't covered here.
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.
How to improve existing OKRs with AI feedback
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.
Using the free OKR generator to get a quick template
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.
Our 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!
1. 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
2. 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
3. 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
4. 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
5. 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
6. 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
7. 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.
How to track your Performance Management System 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
Most teams should start with a spreadsheet if they're using OKRs for the first time. Then, once you get comfortable you can graduate to a proper OKRs-tracking tool.
Tability's Strategy Map makes it easy to see all your org's OKRsIf 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 Management System OKR templates
We have more templates to help you draft your team goals and OKRs.
- OKRs to achieve production readiness for MassBalancer ISCC EU feature
- OKRs to create a successful MVP
- OKRs to enhance IT service delivery with 30% faster response time
- OKRs to successfully complete 80% of the content project
- OKRs to deliver stunning 3D art for the upcoming game
- OKRs to successfully raise $150,000 via Kickstarter campaign