3 customisable OKR examples for Research And Innovation Team
What are Research And Innovation Team 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.
Formulating strong OKRs can be a complex endeavor, particularly for first-timers. Prioritizing outcomes over projects is crucial when developing your plans.
We've tailored a list of OKRs examples for Research And Innovation Team to help you. You can look at any of the templates below to get some inspiration for your own goals.
If you want to learn more about the framework, you can read our OKR guide online.
Building your own Research And Innovation Team OKRs with AI
While we have some examples available, it's likely that you'll have specific scenarios that aren't covered here. You can use our free AI generator below or our more complete goal-setting system to generate your own OKRs.
Our customisable Research And Innovation Team OKRs examples
You'll find below a list of Objectives and Key Results templates for Research And Innovation Team. 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!
1. OKRs to enhance service efficiency and transformation via innovation and benchmarking
- Enhance service efficiency and transformation via innovation and benchmarking
- Benchmark our services against 3 industry-leading competitors to identify improvement opportunities
- Identify 3 industry-leading competitors relevant to our services
- Analyze and benchmark our services against these competitors
- Identify and document possible improvement opportunities
- Increase service process efficiency by 25% through the use of lean techniques
- Monitor, review and adjust new processes regularly
- Analyze and eliminate inefficiencies in current processes
- Implement lean techniques training for service process teams
- Implement 2 new innovative solutions that transform our services and add value
- Research and identify two innovative solutions for services
- Evaluate and measure added value post-implementation
- Develop implementation plans for chosen innovations
2. OKRs to enhance service delivery through innovation and benchmarking
- Enhance service delivery through innovation and benchmarking
- Create and implement 2 innovative solutions to transform existing services
- Develop prototypes of the 2 selected solutions
- Implement and test these innovative solutions in live services
- Brainstorm new, innovative ways to enhance current services
- Benchmark against 5 industry leaders to identify and implement best practices
- Analyze their best practices and methodologies
- Identify top 5 industry leaders for benchmark comparison
- Incorporate identified best practices into our operations
- Increase service delivery efficiency by 30% using new technological advancements
- Investigate latest technology advancements in service delivery
- Monitor and evaluate tech system effectiveness regularly
- Implement new tech systems to streamline service processes
3. OKRs to foster and demonstrate out-of-box thinking
- Foster and demonstrate out-of-box thinking
- Conduct 2 workshops on creativity and unconventional problem-solving strategies
- Advertise workshops to relevant audience groups
- Identify suitable topics for creativity and problem-solving workshops
- Arrange logistics such as location, materials, and guest speakers
- Develop 3 unique, innovative solutions to existing business challenges
- Identify key challenges limiting business growth
- Evaluate feasibility and uniqueness of solutions
- Brainstorm innovative solutions for each challenge
- Successfully apply an unorthodox approach to improve an underperforming process by 20%
- Research unorthodox approaches to improvement
- Implement a new strategy, measure its impacts
- Identify weaknesses in the current process
Research And Innovation Team OKR best practices to boost success
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.
How to turn your Research And Innovation Team OKRs in a strategy map
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
Spreadsheets are enough to get started. Then, once you need to scale you can use a proper OKR platform to make things easier.
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 Research And Innovation Team OKR templates
We have more templates to help you draft your team goals and OKRs.
OKRs to drive stakeholder UX comprehension and increase customer engagement in decision-making OKRs to enhance personal life satisfaction OKRs to enhance disaster resilience of councils through resource delivery OKRs to enhance and expand English vocabulary OKRs to enhance infrastructure resilience and reliability OKRs to amplify agriculture's relevance and importance in society
OKRs resources
Here are a list of resources to help you adopt the Objectives and Key Results framework.
- To learn: What is the meaning of OKRs
- Blog posts: ODT Blog
- Success metrics: KPIs examples
What's next? Try Tability's goal-setting AI
You can create an iterate on your OKRs using Tability's unique goal-setting AI.
Watch the demo below, then hop on the platform for a free trial.