What are Performance Tracking 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 Tracking 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.
How to write your own Performance Tracking OKRs
Option 1. Turn ideas into OKRs with Tability AI
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.
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 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 Tracking OKRs examples
We've added many examples of Performance Tracking 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 consistently track and record eight distinct behaviors weekly
- ObjectiveConsistently track and record eight distinct behaviors weekly
- KRAchieve 100% accuracy in weekly records for all outlined behaviors
- Do weekly reviews and corrections of records
- Digitalize records to reduce human error
- Create a daily checklist for monitoring outlined behaviors
- KRIdentify and define 8 specific behaviors to monitor by end of first week
- Clearly define each selected behavior
- Narrow down the list to specific 8 behaviors
- Research and list potential behaviors to monitor
- KREstablish a habit of documenting behavioral outcomes each day without fail
- Create a standard format for documenting behaviors
- Set a daily reminder to track behavioral outcomes
- Review and refine documentation process weekly
OKRs to enhance Product Owners' competency for optimal efficiency
- ObjectiveEnhance Product Owners' competency for optimal efficiency
- KRAchieve 15% reduction in project execution timeframe through refined operational procedures
- Identify areas for refinement to increase efficiency
- Implement refined procedures and monitor improvement
- Evaluate current operational procedures for underperformance
- KRIncrease Product Owners' workflow consistency by 20% via targeted training
- Identify areas of inconsistency in current workflow
- Develop targeted training addressing identified shortcomings
- Implement this training and monitor impact
- KRRaise Product Owners' productivity metrics by 10% through effective performance tracking
- Implement a comprehensive performance tracking system for Product Owners
- Regularly review and analyze productivity metrics with Product Owners
- Provide performance improvement training sessions for Product Owners
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
Performance Tracking 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 Tracking OKRs
The rules of OKRs are simple. Quarterly OKRs should be tracked weekly, and yearly OKRs should be tracked monthly. 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.
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 Tracking OKR templates
We have more templates to help you draft your team goals and OKRs.
OKRs to expand and excel in the Spanish Market OKRs to enhance the effectiveness and impact of the company newsletter OKRs to enhance knowledge and skills in unit test learning process OKRs to achieve intermediate proficiency in German OKRs to establish a thriving Community of Practice to enhance collaborative learning OKRs to enhance backend tech knowledge of two front-end developers