Objective: Successfully launch the new product in Canada. Remember, your employees deal with loads of information every day. Know what customers like you think about us. Key Result: Grow social media followers from 50,000 to 75,000. KEY RESULT:Increase close rate from 22% to 27%. HR Compliance OKR Examples Objective 1: Ensure effective compliance in the workplace Key Results: KR1: Research 5 HR software options with built-in compliance safeguards and select one to start using KR2: Perform an HR compliance audit on 5 main areas KR3: Resolve 90% of HR compliance-related complaints within 48 The Smartsheet platform makes it easy to plan, capture, manage, and report on work from anywhere, helping your team be more effective and get more done. These threats, or risks, could stem from a wide variety of sources, including financial uncertainty, legal liabilities, strategic management errors, accidents and natural disasters, KR 1 : Reduce the dwell time of network from 10 mins to 1 min (mean time an attacker has undetected access to sensitive data without being removed), KR 2 : Maintain the % of systems with approved system security plan at 99% least, KR 3 : Increase the percentage of mitigated risks from 90% to 100%, Reduce the dwell time of network from 10 mins to 1 min (mean time an attacker has undetected access to sensitive data without being removed), Maintain the % of systems with approved system security plan at 99% least, Increase the percentage of mitigated risks from 90% to 100%. No-code required. KR 1 : Decrease the time taken (MTTD) by the cybersecurity team or security operations center to become aware of a potential security incident (on average) from 10 mins to 5 mins, KR 2 : Decrease the percentage of employee population falling for phishing attempts from 20% to 8%, KR 3 : Reduce the botnet infection rate per month from 200 to 100, Decrease the time taken (MTTD) by the cybersecurity team or security operations center to become aware of a potential security incident (on average) from 10 mins to 5 mins, Decrease the percentage of employee population falling for phishing attempts from 20% to 8%, Reduce the botnet infection rate per month from 200 to 100, IT Security Training: It is the knowledge and attitude members of an organization possess regarding the protection of the physical, and especially informational, assets of that organization./p>, KR 1 : Increase % of employees in security roles receiving specialized security training (eg. Is what we want to accomplish and why is it important crystal clear? (updated July 27, 2021). Anti-Spam Management: It refers to the use of any software, hardware or process to block spam from entering a system. An OKR best practice is to start with top corporate objectives which are then cascaded to department or team OKRs. So if youve completed at least 70% of your aspirational OKRs, consider it a success! Web#4: HR Compliance Team OKRs Objective David Griffin Ensure Adequate HR Compliance 44% Target Date: Q3-2020 Visibility: All Employees Key Results Achieve 90% or above rating in quarterly HR compliance audit Q3-2020 Compliance Rating 45% 135% 68% 20% Resolve 95% of HR compliance related complaints in under 2 business days Q3-2020 HR OKR examples for Recruiting Objective: Create the A-Team Key results: Hire 5 A-class engineers this quarter Increase the quality of hire from 30% to 60% Maintain cost per hire at $4,000 Objective: Make recruiting great Key results: Increase employee retention rate from 80% to 95% Increase in hiring manager satisfaction from Objective: Increase understanding of consumer behavior. Improve the Engineering teams quality of delivery. Objective: Reduce operations costs by 20 percent. You know this means that senior executives and your Audit Committee wonder if re-assessing more frequently would ensure the right risks are being reviewed at the right time. NIST 800-50) from 50% to 75%, Increase the average security awareness training score from 70% to 80%, Increase the complexity of average password strength for all logins from strong to very strong. It evaluates if the system is susceptible to any known vulnerabilities, assigns severity levels to those vulnerabilities, and recommends remediation or mitigation, if and whenever needed, KR 1 : Decrease the number of undetected intrusion attempts within a given period from 2% to 0%, KR 2 : Reduce the number of unidentified devices on a network at any point of time from 5 to 0, KR 3 : Reduce the number of spoofing attacks IP Address Spoofing, DNS Spoofing, HTTPS Spoofing from 200 to 10 per day, Decrease the number of undetected intrusion attempts within a given period from 2% to 0%, Reduce the number of unidentified devices on a network at any point of time from 5 to 0, Reduce the number of spoofing attacks IP Address Spoofing, DNS Spoofing, HTTPS Spoofing from 200 to 10 per day. As a fast-growing Read more, IntroductionProcurement, as a function, is an evitable aspect of all business organizations. Initiative: Develop a social media campaign. Find answers, learn best practices, or ask a question. Create helpful and informative blog articles, Optimize every blog posts SEO (Search Engine Optimization), Implement company-wide creative requests process, Create a Creative Learning Wiki as a single source of truth for all creative team members, Enhance the capabilities and training of the Customer Sucess team members, Assist our customers as an inside voice to guarantee that their input drives company outcomes, Provide the team with the support needed to succeed and achieve company-wide goals, Create a set standard for training to promote career development and growth, Efficient monitoring of Support consistency with performance measures, Maximize the efficiency of the support team to respond to customers with urgency and optimism 24/7/365, Reduce the number of Customer-Reported bug tasks after major launches, Implement Agile management across the engineering team, Improve the response rate for critical bugs in testing, Host a successful in-person industry conference in [year], Grow and align the entire organization through monthly company meetings. Objectives describe what you want to achieve; key results describe how you know you've met them. Retain our hard-earned customers, reducing churn where factors are in our control. Increase the quality of our outbound sales approach. It helps create alignment and engagement around measurable goals. Both individuals and groups can create education and training OKRs. When youset OKRs, youre limiting your focus tospecificobjectives andkey results. Configure and manage global controls and settings. These examples focus on garnering more attention for the business and, thereby, more revenue. The OKRs methodology is a system for setting, cascading and communicating goals throughout your company. WebExample 10 Risk Management: It is the process of identifying, assessing and controlling threats to an organizations capital and earnings. Unfortunately, company jargon excludes people that dont have the resources to decode, and its not productive (or fair!) A best practices is to create annual organization-wide OKRs that support your direction, then have individuals create quarterly supporting OKRs that support your annual organization-wide KRs. WebLets take a look at 10 excellent examples of procurement OKRs that encapsulate the responsibilities of the procurement department, and also certain KPIs and metrics that must be kept in mind while setting targets and outlining initiatives for procurement. Get more stuff done without losing sleep. Key results: Hit company global sales target of $100 Million in Sales; Achieve 100% year-to-year sales growth in the EMEA geography; Increase the company average deal size by 30% (with upsells) Reduce churn to less than 5% annually (via Joe Weller, March 31, 2020 Quick update tools, scorecards, reports, and action plans make it effortless to manage your OKRs and hold weekly 1:1s to drive organization-wide accountability. Objective: Attain highest-ever employee satisfaction score. OKRs encourage companies to align their effort from the C-level team down to the individual. Many companies take weeks trying todevelopa large-scalegoalinstead of spending time actually achieving thatgoal. Objective: Gain 15 percent more conversions from new e-book. Objective: Improve fourth- to sixth-grade math scores. I will __________ (objective), as measured by __________ (key result). If you need a distraction-free space to organize your thoughts as you write your OKRs and tasks, try ClickUp for free today! kr1. Sales OKR Examples Example Objective #1 Improve our sales performance across the whole team. Create a team of engaged and happy colleagues. In general, setting OKRs for IT security policies develops goals, enhances confidence and proves that its a very good way to go. This ensures that your OKRs are aligned with your overall vision and goals. OKR (Objectives and Key Results) is a goal-setting framework that helps a business define individual and company goals while devising a way to measure them. 2023. Streamline your construction project lifecycle. Key results: Hit company global sales target of $100 Million in Sales; Achieve 100% year-to-year sales growth in the EMEA geography; Increase the company average deal size by 30% (with upsells) Reduce churn to less than 5% annually (via Where do we start? Streamline operations and scale with confidence. Aspirational OKRs (moonshots) are ambitious and more challenging to accomplish, but they push us to think outside the box and innovate. OKRsone of the most popular goal management methodologies used by companies like Google, Netflix, and Twitter is the secret sauce to creating alignment around measurable goals and objectives in an organization. OKRs for admin and ops often focus on improving efficiency and saving money. Using a tool like Workfront Goalscan help you write OKRs, align them throughout the organization, and track progress. Design OKRs can cover such matters as training and employee engagement, as well as design goals. Objectives are defined as what you want to achieve; these outcomes should be expressed in a strong, motivating way. Therefore, its critically important to make sure youre setting CEO-level goals effectively. Objective: Produce widely read and quoted original content. WebExample 10 Risk Management: It is the process of identifying, assessing and controlling threats to an organizations capital and earnings. Objective: Create a partners and resellers site. Objective: Improve our brand presence through media channels to strengthen brand as a leader. WebCreate the lowest carbon footprint in our industry. Access and track your OKRs from a central source of truth with ClickUp Goals. Deliver results faster with Smartsheet Gov. This evidence must be verifiable and accessible. Executive Office Operations OKR Examples Grow and align the entire organization through monthly company meetings Create 5-7 monthly topics for high-level transparency Collect 10-15 post-meeting surveys for evaluation Increase participation rate from 70% to 90% Bonus: See how Spekit uses ClickUp to track quarterly OKRs! Objective: Improve employee retention at the team level. As an example, your Internal Audit team knows that the audits you add to your audit plan in January may not be as relevant as you approach the end of that audit plan year. You can also createcompany wide OKRs wherethewholeorganizationcommits to the same goals, like thecompanys mission. Top company objectivesOKR examples. We are your partners if you lead strategy in a mid-sized organization. If not, it will create barriers to project management and ultimately hurt a businesss success. Introduced and popularized in the 1970s at Intel, it has since spread throughout technology companies as a way to help employees understand and be engaged in an enterprise's charter. Objectives are the Whats. Objectives are company-wide, or in larger organizations, are also team-wide. Questions? "Some folks will muck it up by having four or five or six objectives, which means they decrease their capacity to focus," says Darrel Whiteley, a Master Black Belt, Lean Master, and Kaizen expert with Firefly Consulting. Key results: Hit company global sales target of $100 Million in Sales; Achieve 100% year-to-year sales growth in the EMEA geography; Increase the company average deal size by 30% (with upsells) Reduce churn to less than 5% annually (via Accelerate talent acquisition to build team capabilities and strength. The best company-wide OKRs originate in mission statements and long-range goals, and they help to communicate a practical path to those aims, as shown in these top-level OKR objective examples: Objective: Build the best online personal shopping service in the country. To help set effective executive-level goals, here are some OKR examples for CEOs you can refer to. WebAn OKR is a popular management strategy that defines objectives and tracks results. Explore modern project and portfolio management. 2023 ClickUp | Security | Your Privacy | Terms. Objective: Improve our brand presence through media channels to strengthen brand as a leader. Objective: Raise professional artist awareness of the new masking product. Manage and distribute assets, and see how they perform. Objective: Nurture an increase in manager skills. OKRs help establish boundaries and encourage us to say no when asked to pursue the wrong things. A trick to help differentiate a key result and task is to remember: Now we know the distinction between an objective, key result, and task, lets dive into the writing tips! Instead of a cascading approach, the process isbi-directional theOKR setting processincludes everyone in the company! Objective: Improve the user onboarding process. Aim for quarterly instead of annual objectives to manage targets easier, Encourage your teams to send you their prioritized list of problems and issues, Does the written objective leave no room for interpretation? And when youre able tofocuson theobjective, you can fullycommitto it. Because aligning and cascading OKRs can be very confusing, we recommend OKRs are thought of as company-wide efforts where different functional teams champion the objectives and own the key results. When your goals only contain top-levelmanagementinsights, you fail toalignthem to your employeesowngoals, reducingemployee engagement. 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