Tability is a cheatcode for goal-driven teams. Set perfect OKRs with AI, stay focused on the work that matters.
What are Speed 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.
Formulating strong OKRs can be a complex endeavor, particularly for first-timers. Prioritizing outcomes over projects is crucial when developing your plans.
To aid you in setting your goals, we have compiled a collection of OKR examples customized for Speed. Take a look at the templates below for inspiration and guidance.
If you want to learn more about the framework, you can read our OKR guide online.
The best tools for writing perfect Speed 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.
Speed OKRs examples
You will find in the next section many different Speed Objectives and Key Results. We've included strategic initiatives in our templates to give you a better idea of the different between the key results (how we measure progress), and the initiatives (what we do to achieve the results).
Hope you'll find this helpful!
OKRs to enhance product quality and shipment speed
ObjectiveEnhance product quality and shipment speed
KRIncrease shipping speed by 15% through operational efficiencies
Assess and eliminate bottlenecks in the delivery process- Implement automated packaging systems to minimize processing time
- Prioritize streamlined routing in distribution centers
- KRImplement quality control system to decrease customer returns by 10%
- Develop and implement selected quality control system
- Research and identify effective quality control systems
- Track, analyze, and adjust system based on results
- KRReduce product defect rates by 20% through improvement initiatives
- Invest in superior raw materials for product creation
- Train production staff on improved manufacturing techniques
- Implement rigorous quality control checks in the production process
OKRs to enhance work ethos focusing on integrity, speed, passion, and transparency
- ObjectiveEnhance work ethos focusing on integrity, speed, passion, and transparency
- KRComplete 100% of assigned tasks with zero integrity-related issues
- Review every task breakdown meticulously to understand expectations completely
- Prioritize and execute tasks with complete honesty and transparency
- Ensure ongoing self-audit and cross-checking work accuracy
- KRImprove project delivery speed, reducing turnaround time by 20%
- Streamline project workflows to eliminate unnecessary steps
- Implement more efficient project management tools
- Enhance team training for productivity improvement
- KRIncrease 360-degree feedback scores on passion and transparency by 35%
- Implement proactive feedback mechanisms for immediate action
- Arrange workshops to enhance staff communication and transparency
- Promote passion through exciting company wide initiatives
OKRs to boost overall delivery speed by 10%
- ObjectiveBoost overall delivery speed by 10%
- KRReduce package handling time by 15% to increase efficiency
- Implement automated systems for package sorting
- Streamline packaging process by reducing unnecessary steps
- Train staff on faster, more efficient packaging methods
- KRTrain delivery teams on time management skills to accelerate dispatch speed by 20%
- Monitor and assess performance post-training for improvements
- Organize interactive time management seminars for delivery teams
- Implement training on efficient routing and scheduling strategies
- KRUpgrade logistics software to enhance route planning by the end of the period
- Secure budget approval for software upgrade
- Implement and test the upgrade
- Identify current logistic software's upgrade requirements
OKRs to achieve stable and high-performance system operation with minimal speed complaints
- ObjectiveAchieve stable and high-performance system operation with minimal speed complaints
- KRImprove server response time by 30% to combat complaints about slowness
- Upgrade server hardware to increase capacity
- Optimize existing code for better server performance
- Implement a server caching strategy
- KRSuccessfully close 90% of speed-related complaints within a two-day turnover
- KRDecrease system downtime by 25% ensuring continuous operations
- Train staff in rapid troubleshooting techniques
- Implement a routine preventive maintenance schedule
- Invest in resilient, fail-safe infrastructure
OKRs to enhance Reading Comprehension and Speed
- ObjectiveEnhance Reading Comprehension and Speed
- KRIncrease reading speed to 300 words per minute
- Practice speed reading exercises daily
- Regularly read challenging literature
- Continually time and track reading speed
- KRAchieve 90% comprehension rate on reading quiz after each book
- Do practice quizzes for better understanding
- Read each book thoroughly, noting down key points
- Regularly review and summarize your notes
- KRFinish reading 10 books of different genres
- Select 10 books from different genres
- Create a daily reading schedule
- Read and complete each book accordingly
OKRs to improve system efficiency and dependability
- ObjectiveImprove system efficiency and dependability
- KRAchieve 95% system uptime across all platforms
- Implement redundant systems to safeguard against total system failure
- Regularly perform and monitor preventive maintenance tasks
- Improve incident response and recovery procedures
- KRReduce system downtime by 15%
- Adopt advanced monitoring tools for proactive error detection
- Implement regular maintenance and update schedules for all systems
- Train staff on troubleshooting and efficient problem resolution
- KRIncrease speed of data processing by 20%
- Upgrade to more powerful, faster technology infrastructure
- Implement efficient data processing algorithms
- Train staff on optimized data handling practices
OKRs to enhance efficiency and speed of the help desk process
- ObjectiveEnhance efficiency and speed of the help desk process
- KRImplement a new help desk software to streamline ticket management
- Transition current tickets to new system
- Research and select appropriate help desk software
- Train support team on new software usage
- KRTrain 75% of help desk staff in revised speed-focused procedures
- Implement staff training sessions on procedures
- Develop revised speed-focused procedures
- Identify 75% of help desk staff for training
- KRDecrease average initial response time by 30%
- Implement streamlined customer service procedures
- Regularly monitor and evaluate response times
- Train staff on efficient response techniques
OKRs to enhance product value and user discovery speed
- ObjectiveEnhance product value and user discovery speed
- KRIncrease customer satisfaction rate by 20% through product enhancements
- Conduct regular quality checks for product enhancements
- Implement customer feedback into product improvement plans
- Train customer service to address product-related queries effectively
- KRIncrease product conversion rate by 10% through user-centric design improvements
- Research market trends and consumer preferences in product design
- Implement design changes based on research data
- Test and analyze results for design improvements
- KRLower average time-to-value for new users by 15% with improved onboarding process
- Implement a well-structured induction program for new users
- Create engaging, user-friendly tutorial videos for swift learning
- Simplify the initial login process for user convenience
OKRs to reduce checkout drop off rate to below 30%
- ObjectiveReduce checkout drop off rate to below 30%
- KRImplement a simplified 2 steps check-out process for quicker transactions
- Write code to implement simplified checkout
- Design a mock-up of the 2 step checkout process
- Test and troubleshoot new checkout process
- KRReduce the cart abandonment rate by 15% through personalized re-engagement emails
- Analyze effectiveness and continuously optimize these emails
- Set up automated triggers for abandoned cart emails
- Incorporate personalization elements in re-engagement emails
- KRIncrease website load speed by 20% to sustain customer's shopping journey
- Minimize HTTP requests by combining files
- Compress images and videos to optimize loading time
- Implement caching for frequent website visitors
OKRs to improve search results page functionality based on device id
- ObjectiveImprove search results page functionality based on device id
- KRReduce the number of broken links on the search results page by 50%
- KRImplement responsive design for the search page to ensure optimal display across all device ids
- Identify and address any design elements that are not responsive
- Modify the search page layout to adapt to different screen sizes
- Test and validate the responsive design on various devices for optimal display
- Conduct a thorough analysis of the current search page design
- KRIncrease search page loading speed by 30% for all device ids
- Optimize image sizes and formats to reduce loading time
- Enable browser caching to store and retrieve frequently accessed resources
- Implement lazy loading for non-critical resources to prioritize initial page rendering
- Minify CSS and JS files to decrease page load size
- KRAchieve a user satisfaction score of at least 4 out of 5 on the fixed search results page
Speed 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
Having too many OKRs is the #1 mistake that teams make when adopting the framework. The problem with tracking too many competing goals is that it will be hard for your team to know what really matters.
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
Setting good goals can be challenging, but without regular check-ins, your team will struggle to make progress. We recommend that you track your OKRs weekly to get the full benefits from the framework.
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
OKRs without regular progress updates are just KPIs. You'll need to update progress on your OKRs every week to get the full 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
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 Speed OKR templates
We have more templates to help you draft your team goals and OKRs.
- OKRs to successful migration of sales reports from Metabase to Cube.js
- OKRs to increase adoption of our SaaS platform in the mid-tier market segment
- OKRs to improve Product Stability and Quality
- OKRs to enhance reliability and performance across all services
- OKRs to secure funding from three new investors
- OKRs to increase high-quality backlinks for improved domain authority