4 customisable OKR examples for Business Continuity
What are Business Continuity 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.
We've tailored a list of OKRs examples for Business Continuity 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 Continuity 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.
Our customisable Business Continuity OKRs examples
You'll find below a list of Objectives and Key Results templates for Business Continuity. 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 the firm's business continuity plan
- Enhance the firm's business continuity plan
- Train every department on the business continuity plan to increase company preparedness
- Schedule training sessions for all departments
- Monitor staff comprehension and address queries after training
- Develop comprehensive training material on business continuity plan
- Conduct at least two BCP drills to identify and address potential weaknesses
- Schedule two Business Continuity Plan (BCP) drills
- Execute BCP drills, note all weaknesses
- Develop solutions to address identified weaknesses
- Develop a full business continuity plan covering all key operational areas
- Draft detailed contingency strategies for each area
- Identify all key operational areas needing continuity measures
- Review and revise continuity plan regularly
2. OKRs to ensure business continuity despite team member absenteeism
- Ensure business continuity despite team member absenteeism
- Develop a cross-training program for all department roles by end of next quarter
- Schedule and implement training sessions
- Design a comprehensive cross-training curriculum
- Identify key skills required in all department roles
- Implement a backup system where every role has at least two knowledgeable substitutes
- Select two substitutes for each role
- Train the substitutes thoroughly
- Identify key roles and their associated responsibilities
- Test business continuity plan under simulated absence scenarios, achieving 90% effectiveness
- Design simulated tests for each identified scenario
- Identify potential absence scenarios affecting business continuity
- Conduct simulations, aiming for 90% effectiveness
3. OKRs to strengthen operational self-sufficiency and resiliency within the business
- Strengthen operational self-sufficiency and resiliency within the business
- Implement two new business continuity plans
- Test and refine the proposed business continuity plans
- Develop two separate strategies that address these risks
- Identify potential risks that could disrupt business operations
- Increase emergency fund savings by 25%
- Set up automated monthly transfers to emergency fund
- Analyze current budget and identify unnecessary expenses
- Generate additional income through side jobs
- Train 90% of the team on new operational procedures for better autonomy
- Implement follow-up assessments to ensure competency
- Organize comprehensive training sessions for team members
- Develop simplified documentation of new operational procedures
4. OKRs to implement disaster recovery plan with RTO under one hour
- Increase disaster recovery efficiency
- Provide training on disaster recovery procedures to all relevant staff
- Evaluate effectiveness of training and adjust as necessary
- Identify key stakeholders for disaster recovery training
- Develop customized training plan and materials
- Schedule and conduct training sessions
- Conduct disaster recovery test bi-monthly
- Conduct test scenario walkthrough with all relevant stakeholders
- Prepare disaster recovery plan documentation
- Analyze results, identify gaps, and update disaster recovery plan accordingly
- Execute disaster recovery test to validate plan and processes
- Reduce RTO to under one hour
- Improve network bandwidth and reliability
- Implement automated backup system
- Test Disaster Recovery Plan regularly
- Increase server redundancy
- Ensure all critical systems are covered in the recovery plan
- Identify all critical systems
- Develop recovery strategies for critical systems
- Determine the impact of system downtime
- Test the recovery plan for critical systems
Business Continuity 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.
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 turn your Business Continuity OKRs in a strategy map
Your quarterly OKRs should be tracked weekly in order to get all the benefits of the OKRs 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, once you get comfortable you can graduate to a proper OKRs-tracking tool.
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 Business Continuity OKR templates
We have more templates to help you draft your team goals and OKRs.
OKRs to enhance group communication regarding current conditions OKRs to secure a role as a band director OKRs to enhance collaboration and engagement with global organizations OKRs to drive subscription renewal rates to 60% OKRs to enhance the performance of the Database Administration Unit OKRs to establish consistent branding across all company platforms
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
What's next? Try Tability's goal-setting AI
You can create an iterate on your OKRs using Tability's unique goal-setting AI.
Watch the demo below, then hop on the platform for a free trial.