15 customisable OKR examples for Business Analysis Team
What are Business Analysis 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 Business Analysis 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 Business Analysis 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.
Feel free to explore our tools:
- Use our free OKR generator
- Use Tability, a complete platform to set and track OKRs and initiatives, including a GPT-4 powered goal generator
Our customisable Business Analysis Team OKRs examples
You'll find below a list of Objectives and Key Results templates for Business Analysis 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 business analysis skills and strategies
Enhance business analysis skills and strategies
Improve current project efficiency by 15% using new business analysis techniques
Implement effective techniques into current project workflow- Monitor and measure impact on project efficiency
- Research latest business analysis techniques suitable for the project
- Deliver 1 impactful presentation on learned business analysis concepts to team
- Develop a presentation on key business analysis concepts
- Practice presentation for cogent verbal delivery
- Schedule a team meeting to present findings
- Complete 2 relevant professional courses in business analysis
- Identify two professional courses in business analysis
- Register for the selected courses
- Conscientiously finish and complete both courses
2. OKRs to develop core skills for beginner business analyst
- Develop core skills for beginner business analyst
- Deliver 3 industry-related analysis projects demonstrating key learned concepts
- Identify relevant industry-related topics for analysis projects
- Complete and present all three analysis projects
- Incorporate key learned concepts into each project
- Complete a certified business analyst training course with at least 85% score
- Aim to achieve a final exam score of 85% or higher
- Consistently study course materials for comprehension
- Enroll in a certified business analyst training course
- Attend 5 relevant industry webinars to improve networking and knowledge
- Attend and actively participate in each webinar
- Register for the chosen webinars
- Research and select 5 industry relevant webinars to attend
3. OKRs to enhance understanding of business requirements
- Enhance understanding of business requirements
- Complete 3 online courses about business requirements analysis and documentation
- Diligently complete all course materials and assessments
- Identify suitable online courses in business requirements analysis
- Register for three chosen online courses
- Conduct 5 cross-departmental informational interviews per month
- Conduct and document the informational interviews
- Identify five potential interviewees across various departments
- Schedule and plan the interviews
- Create checklist for comprehensive business requirement gathering in 2 weeks
- Design draft of business requirement checklist
- Identify key stakeholders for business requirement gathering
- Establish critical business needs and objectives
4. OKRs to enhance innovation manager's mastery of business requirements
- Enhance innovation manager's mastery of business requirements
- Complete 3 advanced courses on business requirements analysis by quarter-end
- Complete all coursework by quarter-end
- Enroll in these courses immediately
- Select 3 advanced courses on business requirements analysis
- Show 30% improvement in speed and precision of drafting business requirement documents
- Use standardized templates to ensure consistent quality
- Attend workshops on efficient business requirement drafting
- Practice time management skills for quicker drafting
- Inspect and accurately identify business requirements in 5 real-case scenarios
- Review company documents to understand existing business processes
- Analyze and document findings from five case scenarios
- Conduct interviews with stakeholders to identify needs
5. OKRs to participate in project formulation and business case development
- Participate in project formulation and business case development
- Contribute towards developing 2 business cases impacting project decisions
- Identify key objectives for each proposed business case
- Lay out potential impacts on project decisions
- Prepare detailed presentations summarizing each case
- Gain proficient understanding of 4 unique business case models
- Research and study 4 diverse business case models
- Analyze strengths and weaknesses of each model
- Apply learned concepts to real-world business scenarios
- Engage in 3 distinct project formulation processes by end of the quarter
- Identify potential projects to formulate
- Outline the key objectives for each project
- Finalize and document all project plans
6. OKRs to enhance analysis and implementations of Power BI Reports
- Enhance analysis and implementations of Power BI Reports
- Conduct three training sessions to boost team efficiency with Power BI
- Identify key Power BI features that need to be focused on in training
- Plan out three comprehensive Power BI training sessions
- Schedule and administer the three Power BI training sessions
- Implement 10 new insightful suggestions for business intelligence reporting improvements
- Gather 10 innovative suggestions for enhancements
- Identify existing reports that need improvement
- Implement suggested changes into reports
- Improve accuracy in Power BI reports data by reducing error rate by 20%
- Implement strict validation checks for data entry
- Conduct a detailed data quality assessment for existing reports
- Train employees on proper data handling procedures
7. OKRs to acquire proficiency in business analysis as a beginner
- Acquire proficiency in business analysis as a beginner
- Execute two successful business analysis projects under supervision
- Develop detailed project plans under supervisor guidance
- Identify and define two suitable business analysis projects
- Implement projects, ensuring objectives are met successfully
- Gain feedback showing 90% satisfaction from 5 different team members on collaboration skills
- Solicit feedback from each team member
- Conduct an anonymous survey on collaboration skills
- Review and analyze received responses
- Complete four certified business analysis courses online
- Dedicate regular study times and complete all coursework
- Enroll in the chosen business analysis courses
- Research and select four online certified business analysis courses
8. OKRs to identify high-potential startups for potential investment
- Identify high-potential startups for potential investment
- Attend or participate in a minimum of 3 startup pitch events to expand network and discover new opportunities
- Register and RSVP for the chosen startup pitch events
- Engage with fellow entrepreneurs and exchange contact information for future collaboration
- Prepare a concise pitch to present at the startup pitch events
- Research upcoming startup pitch events in the local area
- Research and evaluate a minimum of 20 startups with innovative and scalable business models
- Conduct thorough research on each startup's business model and scalability
- Create a report summarizing the findings and key insights from the research
- Compile a list of 20 startups with innovative business models
- Evaluate the potential of each startup based on identified criteria
- Conduct thorough due diligence on at least 10 startups, assessing financials, market potential, and team
- Investigate the background and expertise of the team members in 10 startups
- Summarize the findings of due diligence in concise reports for each startup assessed
- Research and analyze the financial statements of 10 startups for detailed assessment
- Evaluate the market potential of 10 startups through market analysis and potential growth opportunities
- Establish partnerships with at least 2 trusted venture capitalists or angel investors for knowledge-sharing and potential co-investment opportunities
- Reach out to the selected venture capitalists or angel investors to express interest in collaboration
- Research and identify potential venture capitalists or angel investors with established credibility
- Set up meetings or calls with the identified partners to discuss knowledge-sharing and co-investment opportunities
- Establish formal agreements and partnerships with the selected venture capitalists or angel investors
9. OKRs to uncover and articulate the 'as-is' process accurately
- Uncover and articulate the 'as-is' process accurately
- Document details of each task including stakeholders and resources used by week 4
- Identify stakeholders and resources for each task
- Write down the details of each task
- Organize information by week 4
- Create a comprehensive presentable report detailing the 'as-is' process by week 6
- Lastly, prepare and finalize the report by week 6
- First, gather and analyze current process data
- Second, create outline for the report structure
- Identify all key tasks and activities forming the process by week 2
- Create a checklist of all related tasks
- Define the process needing task identification
- Schedule tasks and activities for week 2
10. OKRs to enhance performance and productivity as a business analyst
- Enhance performance and productivity as a business analyst
- Steer 3 process improvement projects using data-driven insights
- Implement data collection methods to gather insights
- Execute improvements based on data analysis
- Identify potential processes for improvement through initial analysis
- Increase reporting efficiency by upgrading to advanced analytical tools
- Research and identify suitable advanced analytical tools
- Allocate budget for purchasing new software
- Train employees on utilizing new tools effectively
- Deliver 5 actionable reports per week with 90% accuracy
- Gather necessary data for report creation daily
- Thoroughly proofread each report before submission
- Dedicate time each weekday to compile one report
11. OKRs to craft a compelling and successful business case
- Craft a compelling and successful business case
- Conduct detailed market and competitor analysis by end of Week 4
- Analyze market trends and customer preferences
- Gather data on competitor strategy and performance
- Identify key competitors in the market
- Gather and incorporate feedback from 5 industry experts by end of Week 12
- Collect and analyze received feedback
- Implement relevant feedback into operations
- Identify and reach out to 5 industry experts for feedback
- Develop a clear, attainable business case prototype by end of Week 8
- Review and finalize the prototype by end of Week 8
- Assemble these elements into a clear structure
- Identify key elements of the business case prototype
12. OKRs to conduct thorough analysis of two main competitors
- Conduct thorough analysis of two main competitors
- Identify and list 10 key business strategies of each competitor by week 4
- Complete and review strategy lists by week 4
- Research competitors and their unique strategic approaches
- Compile a list of 10 strategies per competitor
- Craft and present a detailed comparative report on competitor strategies by week 8
- Research and compile data on current competitor strategies
- Develop a comparative analysis from gathered data
- Prepare and rehearse a detailed presentation report
- Analyse and document competitive product benefits and drawbacks by week 6
- Document drawbacks of competitive products by week 6
- Identify main competitors and their respective products by week 2
- Evaluate competitive product benefits by week 4
13. OKRs to construct an interactive dashboard in Tableau
- Construct an interactive dashboard in Tableau
- Complete introductory training on Tableau platform within first 3 weeks
- Dedicate specific study hours each week for training
- Complete all training exercises and assignments within 3 weeks
- Enroll in the Tableau introductory course
- Implement received feedback and finalize the dashboard with at least 90% functionality
- Incorporate feedback revisions into the dashboard
- Analyze received feedback for potential improvements
- Debug and finalize dashboard to reach 90% functionality
- Design and build a prototype of the dashboard for team review
- Develop initial design sketches of the dashboard
- Build a clickable prototype using design tools
- Schedule a team review meeting to discuss the prototype
14. OKRs to enhance core skills and competency as a Business Analyst
- Enhance core skills and competency as a Business Analyst
- Receive client satisfaction rate of 90% or above in all assigned projects
- Implement regular client communication via emails and calls
- Understand and fulfill client project requirements accurately
- Regularly collect and analyze client feedback
- Deliver 5 projects successfully utilizing new techniques learned from courses
- Apply learned techniques strategically to each project
- Evaluate and fine-tune methodology for successful delivery
- Identify suitable projects for new technique application
- Complete 3 online courses related to data analytics and business intelligence
- Complete all course assignments and final exams for certification
- Research and select three online courses in data analytics and business intelligence
- Enroll into and regularly attend the selected online courses
15. OKRs to enhance proficiency in data-driven decision making
- Enhance proficiency in data-driven decision making
- Effectively use data to drive at least five major business decisions
- Identify key metrics and data points relevant to decision-making
- Implement a comprehensive data tracking system
- Regularly analyze and interpret data for insights
- Handle and interpret data from at least three different company projects successfully
- Report findings and implications to relevant teams
- Acquire data from three diverse company projects
- Analyze and interpret collected data accurately
- Complete two online courses on data analytics by industry-leading platforms
- Identify two industry-leading platforms offering courses in data analytics
- Dedicate time to complete both courses regularly
- Sign up for a data analytics course on each platform
Business Analysis 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.
Tability's audit dashboard will highlight opportunities to improve OKRsTip #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.
Tability's check-ins will save you hours and increase transparencyTip #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 Business Analysis Team OKRs in a strategy map
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
Spreadsheets are enough to get started. Then, once you need to scale you can use a proper OKR platform to make things easier.
Tability's Strategy Map makes it easy to see all your org's OKRsIf 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 Business Analysis Team OKR templates
We have more templates to help you draft your team goals and OKRs.
- OKRs to negotiate better pricing with vendors early in the project
- OKRs to enhance DevOps operations and efficiency
- OKRs to successful communication of global software project rollout
- OKRs to enhance product team's proficiency in Agile and Scrum methodologies
- OKRs to boost lead generation for the sales team
- OKRs to ensure successful completion and delivery of client commitments
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
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