Table of content

1 OKR examples for Compliance Reporting

What are Compliance Reporting 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.

Writing good OKRs can be hard, especially if it's your first time doing it. You'll need to center the focus of your plans around outcomes instead of projects.

We have curated a selection of OKR examples specifically for Compliance Reporting to assist you. Feel free to explore the templates below for inspiration in setting your own goals.

If you want to learn more about the framework, you can read our OKR guide online.

Our Compliance Reporting OKRs examples

You will find in the next section many different Compliance Reporting 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 processes to support accurate and timely compliance reporting

  • ObjectiveImprove accuracy and efficiency of compliance reporting processes
  • Key ResultAchieve 100% on-time submission of compliance reports through improved project management and accountability
  • TaskImplement consequences for missed deadlines
  • TaskAssign individual responsibility for each report
  • TaskDevelop clear project timeline with deadlines
  • TaskConduct regular progress review meetings
  • Key ResultReduce compliance reporting errors by 20% through improved data gathering and validation
  • TaskImplement automated data validation processes
  • TaskEstablish clear data entry and reporting protocols for all stakeholders
  • TaskConduct regular audits of compliance data for accuracy
  • TaskTrain compliance reporting team on proper data gathering techniques
  • Key ResultIncrease compliance reporting accuracy by 15% through staff training and quality control checks
  • TaskEstablish quality control checks for compliance reporting procedures
  • TaskReview and revise reporting templates, instructions, and documentation to reduce errors
  • TaskDevelop and implement a comprehensive staff training program
  • TaskProvide ongoing coaching and feedback to staff to improve accuracy
  • Key ResultImplement automated compliance reporting processes to reduce reporting time by 30%
  • TaskImplement automation tools and procedures to streamline reporting
  • TaskTest and optimize automated compliance reporting process
  • TaskIdentify compliance reporting requirements
  • TaskAssess current reporting process and areas of improvement

Best practices for managing your Compliance Reporting OKRs

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

The #1 role of OKRs is to help you and your team focus on what really matters. Business-as-usual activities will still be happening, but you do not need to track your entire roadmap in the 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 Insights DashboardTability's audit dashboard will highlight opportunities to improve OKRs

Tip #2: Commit to the weekly check-ins

Don't fall into the set-and-forget trap. It is important to adopt a weekly check-in process to get the full value of your OKRs and make your strategy agile – otherwise this is nothing more than a reporting exercise.

Being able to see trends for your key results will also keep yourself honest.

Tability Insights DashboardTability's check-ins will save you hours and increase transparency

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 below). 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.

Building your own Compliance Reporting OKRs with AI

While we have some examples below, it's likely that you'll have specific scenarios that aren't covered here. There are 2 options available to you.

Best way to track your Compliance Reporting OKRs

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, once you get comfortable you can graduate to a proper OKRs-tracking tool.

A strategy map in TabilityTability's Strategy Map makes it easy to see all your org's OKRs

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 Compliance Reporting OKR templates

We have more templates to help you draft your team goals and OKRs.

OKRs resources

Here are a list of resources to help you adopt the Objectives and Key Results framework.