15 customisable OKR examples for Compliance Team
What are Compliance 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.
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 Team 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.
Building your own Compliance 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 Compliance Team OKRs examples
You will find in the next section many different Compliance Team 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!
1. OKRs to establish an efficient, regulations-compliant team
Establish an efficient, regulations-compliant team
Achieve a 95% satisfactory score on Quarterly Compliance Review report
Implement internal compliance audit prior to review
Review and improve current compliance policies and procedures
Conduct regular staff training on compliance standards
Recruit and onboard 5 experts with compliance experience by quarter-end
Create a detailed job description for compliance experts
Advertise job openings on relevant platforms
Develop a comprehensive onboarding program for new hires
Arrange and complete a comprehensive training program for all team members
Schedule training sessions for all team members
Create a detailed training curriculum covering necessary skill sets
Monitor participation and progress throughout program
2. OKRs to achieve full adherence to all regulatory compliance standards
Achieve full adherence to all regulatory compliance standards
Correct or address at least 95% of identified non-compliant elements
Implement compliant alternatives or fixes for identified issues
Prioritize non-compliance issues based on severity
Identify all non-compliant elements within the system
Pass an external audit with a minimum score of 90% compliance
Conduct internal audits to ensure compliance
Implement necessary changes to meet compliance standards
Review and understand all compliance guidelines thoroughly
Implement a comprehensive training program for all employees on regulatory compliance
Schedule and implement mandatory training sessions for all employees
Determine necessary regulatory compliance topics for training
Source or create compliance training materials and resources
3. OKRs to identify and address all existing compliance gaps
Ensure complete compliance across all areas of operation
Implement necessary changes to meet compliance requirements and standards
Train employees on compliance requirements and provide ongoing education
Regularly review and update compliance program to ensure adherence to changing standards
Conduct compliance assessment for internal processes and procedures
Develop and implement a compliance program with clear policies and procedures
Train all employees and contractors on compliance policies and protocols
Develop compliance training curriculum and materials
Schedule and deliver training sessions for all employees and contractors
Regularly update and refresh training materials and curriculum
Obtain signed acknowledgments of receipt and understanding from all trainees
Conduct a thorough audit of all compliance policies and processes
Update and communicate revised policies/processes to all relevant personnel
Address any gaps or weaknesses identified during evaluation
Identify all compliance policies and processes
Evaluate effectiveness of current policies/processes
Regularly review and update compliance measures based on industry standards and regulations
Implement necessary updates to comply with regulations
Keep up-to-date with relevant industry standards and regulations
Identify areas for improvement
Evaluate existing compliance measures
4. OKRs to improve compliance reviews process
Improve compliance reviews process
Implement at least 3 automation tools to streamline compliance review processes
Evaluate the compatibility and effectiveness of the identified automation tools
Train employees on using the newly implemented automation tools for compliance review
Select and implement three automation tools for the compliance review processes
Research automation tools for compliance review processes
Reduce average time to complete a compliance review by 20%
Increase compliance review completion rate to 95%
Ensure 100% adherence to compliance policies and procedures during reviews
Provide regular training sessions to employees on compliance policies and procedures
Create a comprehensive and easy-to-understand compliance policies and procedures manual
Establish consequences for non-adherence to compliance policies and procedures
Implement a system for regular reviews and audits of compliance processes
5. OKRs to enhance Credatec's internal procedures for superior efficiency
Enhance Credatec's internal procedures for superior efficiency
Reduce process cycle times by 15% by streamlining internal systems
Implement tech solutions for improved operations
Identify inefficiencies within current process cycles
Train employees on the updated systems
Boost employee productivity by 20% through improved operational guidelines
Monitor and evaluate adherence to improved operational guidelines regularly
Organize workshops to train employees on new operational guidelines
Implement a clear, comprehensive operations manual for all employees
Increase policy compliance rate by 10% through regular training and assessment
Remediate policy violations through targeted training
Implement regular assessments to measure compliance
Develop a structured policy compliance training program
6. OKRs to minimize exposure to compliance and cybersecurity threats
Minimize exposure to compliance and cybersecurity threats
Enhance cybersecurity measures to decrease cyber breaches by 30%
Implement strict password policies and two-factor authentication system
Perform regular cyber security audits and fix identified vulnerabilities
Increase employee training on phishing scams and other cyber threats
Reduce compliance violations by 20% through implementation of stricter internal processes
Conduct regular audit checks to identify potential violations
Increase frequency of internal process assessments
Implement comprehensive employee training on stricter internal processes
Train 90% of employees on updated compliance rules and cyberthreat awareness
Develop an updated compliance and cyberthreat training program
Enroll all employees in the training program
Monitor employee participation rates to reach 90% completion
7. OKRs to implement regulatory compliance changes effectively
Implement regulatory compliance changes effectively
Complete implementation of all required changes on time
Monitor progress regularly, adjust plan as needed
Prioritize necessary changes based on importance and difficulty
Develop a detailed, daily work schedule
Stay within 10% below the allocated budget
Maintain regular communication regarding spending with your team
Implement cost-saving measures where feasible
Review all expenditures weekly to monitor cash flow
Reduce non-compliance incidents by 50%
Implement comprehensive compliance training for all staff members
Proactively monitor and audit compliance activities
Regularly review and update compliance policies
8. OKRs to enhance processes to support accurate and timely compliance reporting
Improve accuracy and efficiency of compliance reporting processes
Achieve 100% on-time submission of compliance reports through improved project management and accountability
Implement consequences for missed deadlines
Assign individual responsibility for each report
Develop clear project timeline with deadlines
Conduct regular progress review meetings
Reduce compliance reporting errors by 20% through improved data gathering and validation
Implement automated data validation processes
Establish clear data entry and reporting protocols for all stakeholders
Conduct regular audits of compliance data for accuracy
Train compliance reporting team on proper data gathering techniques
Increase compliance reporting accuracy by 15% through staff training and quality control checks
Establish quality control checks for compliance reporting procedures
Review and revise reporting templates, instructions, and documentation to reduce errors
Develop and implement a comprehensive staff training program
Provide ongoing coaching and feedback to staff to improve accuracy
Implement automated compliance reporting processes to reduce reporting time by 30%
Implement automation tools and procedures to streamline reporting
Test and optimize automated compliance reporting process
Identify compliance reporting requirements
Assess current reporting process and areas of improvement
9. OKRs to boost Overall Account Health
Boost Overall Account Health
Increase active account numbers by 20%
Implement a referral program to encourage current users to recruit others
Execute targeted marketing campaigns to attract potential users
Enhance user experience for higher customer satisfaction and retention
Reduce overdue balances by 30%
Enhance reminders and notices for due payments
Implement stricter payment deadlines and announce them clearly
Offer incentives for early or on-time payments
Align 90% of accounts with compliance standards
Arrange training on compliance standards for account management team
Implement necessary updates to align accounts with standards
Conduct individual reviews of existing accounts for compliance
10. OKRs to enhance compliance adherence across all levels
Enhance compliance adherence across all levels
Increase employee compliance training completion by 85%
Implement engaging, interactive learning modules for training
Provide incentives for early/ timely training completion
Regularly remind employees about upcoming training deadlines
Complete 100% of scheduled policy and procedure audits
Review all scheduled audits for policies and procedures
Document and confirm completion of all audits
Execute all planned audits in a timely manner
Reduce procedural non-compliance reports by 70%
Regularly review and update procedural manuals
Implement a comprehensive training program on standard procedures
Introduce regular compliance audits and assessments
11. OKRs to streamline financial application processes through process orchestration
Streamline financial application processes through process orchestration
Decrease average process execution time by 20% compared to previous quarter
Achieve 100% compliance with regulatory requirements in financial process orchestration
Implement necessary process changes and updates to ensure 100% compliance
Identify gaps in regulatory compliance and develop corrective action plans
Continuously monitor and evaluate the effectiveness of the revised financial process orchestration
Conduct a thorough review of current financial process orchestration practices
Ensure process orchestration platform uptime of 99.9% for seamless application integration
Conduct regular disaster recovery tests to ensure seamless application integration in case of failures
Regularly update and patch the process orchestration platform for improved stability and performance
Implement a proactive monitoring system to quickly identify and resolve potential issues
Set up a redundant infrastructure for the process orchestration platform
Increase cross-application data integration rate to 95% for financial processes
Conduct a thorough audit to identify barriers to cross-application data integration
Continuously monitor and refine integration processes to ensure high data integration rate
Provide comprehensive training to employees on using integrated data systems effectively
Implement standardized data formats and protocols to streamline data integration processes
12. OKRs to streamline and enhance compliance review and implementation process
Streamline and enhance compliance review and implementation process
Train 90% of staff on new compliance procedures for efficient implementation
Schedule mandatory training sessions for untrained staff
Assess understanding through a post-training evaluation
Identify staff members yet to receive compliance training
Achieve 100% compliance status in all internal and external audits
Implement regular compliance training for all staff
Perform routine internal checks and audits
Swiftly address any non-compliance issues found
Reduce time spent on compliance reviews by 30% whilst maintaining process quality
Prioritize and streamline existing review processes
Implement automated software for efficient compliance review
Train staff on effective review techniques
13. OKRs to achieve regulatory compliance and manage change within budget
Achieve regulatory compliance and manage change within budget
Identify and address 100% of current non-compliance issues
Develop plan to correct identified non-compliance issues
Review all current procedures and regulations for compliance discrepancies
Implement revised procedures and monitor adherence
Implement necessary changes within 10% under projected cost
Implement project management techniques to streamline operations and reduce costs
Negotiate with vendors for cost reductions or alternative budget-friendly options
Review current budget and identify areas for potential cost savings
Complete change implementation, ensuring 0% non-adherence to key regulations
Conduct periodic internal audits for assurance
Develop comprehensive tracking system for regulatory compliance
Educate all staff on updated rules and regulations
14. OKRs to implement and maintain SOCII compliance measures
Ensure ongoing SOCII compliance
Conduct regular testing and auditing to assess SOCII compliance status
Train and educate all relevant teams on SOCII compliance regulations and best practices
Monitor and promptly address any SOCII compliance gaps or violations identified
Establish a dedicated team to promptly address and resolve any identified SOCII compliance issues
Implement corrective measures to address identified SOCII compliance gaps promptly
Conduct regular audits to identify any SOCII compliance gaps or violations
Maintain a vigilant monitoring system to detect any new SOCII compliance violations
Implement and maintain necessary controls and processes to meet SOCII requirements
Conduct initial assessment of current controls and processes to identify gaps
Develop and document new controls and processes to fulfill SOCII requirements
Regularly monitor and evaluate controls and processes to ensure ongoing compliance
Train and educate employees on the importance and execution of SOCII controls
15. OKRs to enhance the ticket creation process using the right record producer
Enhance the ticket creation process using the right record producer
Minimize non-standard process application by 20%
Train staff in new, standardized applications
Identify current non-standard process applications
Implement standardized procedures for identified areas
Increase utilization rate of correct record producer by 30%
Train staff on proper usage and benefits of correct record producer
Provide incentives for employees utilizing correct record producer most
Implement monitoring system to track record producer utilization
Improve standard process adoption from 60% to 90% across all regions
Implement a robust process training program for all employees
Create informative materials on the value of process adoption
Monitor and reward high process compliance within teams
Compliance 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
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 Dashboard](https://tability-templates-v2.vercel.app/_next/static/media/tability-insights-board.e70f9466.png)
Tip #2: Commit to weekly OKR 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 Dashboard](https://tability-templates-v2.vercel.app/_next/static/media/checkins-graph.b2aec458.png)
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 Compliance 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.
![A strategy map in Tability](https://tability-templates-v2.vercel.app/_next/static/media/tability_strategy_map.2ad25843.png)
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 Team OKR templates
We have more templates to help you draft your team goals and OKRs.
OKRs to hire top-level Senior UX Researcher
OKRs to enhance client success and retention in North America
OKRs to enhance benefits promotion for higher utilization rates
OKRs to successfully migrate and train Sales Team on the new CRM
OKRs to increase product adoption and engagement among parents and early childhood professionals
OKRs to launch fintech product successfully
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
Create more examples in our app
You can use Tability to create OKRs with AI – and keep yourself accountable 👀
Tability is a unique goal-tracking platform built to save hours at work and help teams stay on top of their goals.
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