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tability.ioWhat are Timeliness 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 Timeliness 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.
Timeliness OKRs examples
You'll find below a list of Objectives and Key Results templates for Timeliness. 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!
OKRs to improve accuracy and timeliness in invoice processing
ObjectiveImprove accuracy and timeliness in invoice processing
KRIncrease on-time payments by 30%
Implement automated reminders for upcoming payment due dates- Offer incentives or discounts for early or on-time payments
- Enhance payment procedures for user simplicity and convenience
- KRReduce invoice processing errors by 25%
- Implement invoice automation software to reduce manual entry
- Regularly audit invoices to identify errors
- Train staff on accurate invoice processing methods
- KRDecrease invoice processing time by 20%
- Train staff in efficient invoice management techniques
- Implement automated invoicing software to speed up processing
- Streamline invoice approval workflow to minimize delays
OKRs to ensure timely, flawless delivery of client projects
- ObjectiveEnsure timely, flawless delivery of client projects
- KREnhance client satisfaction score to above 90% for quality and promptness
- Implement regular client feedback surveys on quality and timeliness
- Provide staff training centered on timely, quality service
- Evaluate and streamline all client interaction processes
- KRIncrease project completion rate to 100% before due date
- Conduct regular progress checks and address delays promptly
- Assign sufficient resources and manpower to crucial project elements
- Develop and strictly adhere to a comprehensive project timeline
- KRAchieve 0% complaint rate relating to submitted work
- Review all work thoroughly before submitting
- Seek feedback and make necessary corrections
- Improve skillset through training and workshops
OKRs to significantly improve the timeliness of projects
- ObjectiveSignificantly improve the timeliness of projects
- KRReduce the number of adjustments by 20%
- KRAchieve a customer satisfaction score of 90% or higher for timeliness of projects
- KRIncrease the overall on-time project delivery rate to 95%
- Establish clear communication protocols
- Track and monitor progress against timeline
- Identify risks and proactively address any issues
- Implement a project management process
How to write your own Timeliness OKRs
1. Get tailored OKRs with an AI
You'll find some examples below, but it's likely that you have very specific needs that won't be covered.
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'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.
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.
Timeliness 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
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 track your Timeliness OKRs
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 Timeliness OKR templates
We have more templates to help you draft your team goals and OKRs.
- OKRs to implement client service and review process
- OKRs to achieve full contract coverage
- OKRs to cultivate a collaborative learning and growth environment
- OKRs to secure 9 million in funding for the annual campaign
- OKRs to boost sustainable growth and profitability of the business
- OKRs to improve project delivery margins while keeping existing customers happy