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What are Senior Management 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.
Writing good OKRs can be hard, especially if it's your first time doing it. You'll need to center the focus of your plans around outcomes instead of projects.
We understand that setting OKRs can be challenging, so we have prepared a set of examples tailored for Senior Management. Take a peek at the templates below to find inspiration and kickstart your goal-setting process.
If you want to learn more about the framework, you can read our OKR guide online.
The best tools for writing perfect Senior Management 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.
Senior Management OKRs examples
We've added many examples of Senior Management 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 stakeholder and senior management communication
ObjectiveEnhance stakeholder and senior management communication
KRDevelop and implement a quarterly report detailing ongoing initiatives for senior management
Design a comprehensive report format- Implement and disseminate report to senior management
- Identify ongoing initiatives relevant to senior management
- KRIncrease frequency of updates to stakeholders to once a week
- Assign someone responsible for composing and sending updates
- Draft a weekly update template for consistent communication
- Schedule weekly updates on the preferred platform
- KRSchedule and attend at least two face-to-face meetings with key stakeholders per month
- Identify key stakeholders for regular discussions
- Organize two meetings with each stakeholder
- Follow through and attend these meetings
OKRs to enhance stakeholder and senior management engagement in product line discussions
- ObjectiveEnhance stakeholder and senior management engagement in product line discussions
- KRLaunch quarterly product line updates for senior management with 90% attendance rate
- Schedule convenient times ensuring maximum senior management participation
- Send personalized invites with reminders to senior management
- Develop engaging content for product line presentations
- KRIncrease stakeholder meeting participation rate by 20%
- Provide an incentive for regular meeting attendance
- Introduce virtual meetings for remote stakeholders' participation
- Implement a flexible schedule to accommodate all stakeholder's timings
- KRImprove positive response on communication effectiveness survey by 30%
- Encourage open and transparent communication across all levels
- Initiate feedback mechanisms for employee communication techniques
- Implement regular communication effectiveness training for all staff
OKRs to boost Customer Satisfaction to 95% Positive Feedback
- ObjectiveBoost Customer Satisfaction to 95% Positive Feedback
- KRIncrease response rate on customer satisfaction surveys by 30%
- Offer incentives for completed surveys
- Improve survey design for clarity and conciseness
- Implement follow-up reminders for surveys
- KREnsure less than 3% complaint cases escalate to senior management
- Provide comprehensive staff training sessions
- Regularly review and improve complaint processing system
- Implement effective initial complaint handling procedures
- KRImplement solutions addressing top 3 customer issues identified from feedback
- Analyze customer feedback to identify top three recurring issues
- Implement these solutions and notify customers about the improvements
- Develop targeted solutions for these top issues
OKRs to ascend to a prominent leadership position within the company
- ObjectiveAscend to a prominent leadership position within the company
- KRLead a cross-functional project showcasing collaboration and leadership acumen
- Foster teamwork through regular meetings and progress updates
- Identify and assign responsibilities to cross-functional project team members
- Develop and communicate project goals and timelines to all stakeholders
- KRComplete advanced management training course to enhance leadership skills
- Enroll in a suitable advanced management training course
- Diligently participate in all course sessions and activities
- Implement learned leadership strategies in daily management practices
- KRExceed current KPIs by 20% to showcase potential for greater responsibility
- Implement and track progressive success of strategy
- Review and analyze current KPIs performance
- Develop a strategy to boost efficiency by 20%
OKRs to ensure adequate development of a proficient Project Executive in AI tech
- ObjectiveEnsure adequate development of a proficient Project Executive in AI tech
- KRAchieve a 90% score on project management competency by the newbie
- Study essential principles of project management
- Implement feedback from mentorship sessions
- Complete practice tests and analyze results
- KRConduct 3 relevant job-specific training sessions for core AI tech concepts
- Develop engaging, informative training sessions
- Identify core AI tech concepts necessary for job roles
- Schedule and execute 3 job-specific AI training sessions
- KRComplete 2 shadow projects under the supervision of senior executives
- Identify 2 senior executives to oversee shadow projects
- Define goals and timeline for both projects
- Begin work on shadow projects under supervision
OKRs to secure a substantial promotion at work
- ObjectiveSecure a substantial promotion at work
- KRIncrease personal productivity by 15% as validated by performance metrics
- Set daily goals aligned with performance metrics
- Prioritize and manage tasks efficiently
- Minimize distractions during work hours
- KRSuccessfully lead and complete 2 major work projects with measurable outcomes
- Monitor progress, make adjustments, and evaluate final outcomes
- Identify and outline the objectives for two major work projects
- Assign roles, set timelines, and manage resources effectively
- KRObtain endorsement from at least 3 senior team members for my capabilities
- Request feedback and endorsement from each individual
- Identify three senior team members who recognize my skills
- Present collected endorsements as evidence of abilities
Senior Management 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
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
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 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 Senior Management OKR templates
We have more templates to help you draft your team goals and OKRs.
- OKRs to efficiently meet annual audit plan commitments
- OKRs to enroll in relevant courses for proficient website development
- OKRs to implement a CRM system to efficiently track partner journey and KPIs
- OKRs to improve Team and Individual Professional Capabilities
- OKRs to strengthen overall cybersecurity infrastructure
- OKRs to boost product sales to reach 100 units