3 customisable OKR examples for Digitization
What are Digitization 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.
OKRs are quickly gaining popularity as a goal-setting framework. But, it's not always easy to know how to write your goals, especially if it's your first time using OKRs.
We've tailored a list of OKRs examples for Digitization 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 Digitization 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 Digitization OKRs examples
You will find in the next section many different Digitization 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 bolster Finance Department's role in Corporate Social Responsibility (CSR) drives
- Bolster Finance Department's role in Corporate Social Responsibility (CSR) drives
- Implement a department-led CSR training program for 90% staff participation
- Schedule and execute department-wide training sessions
- Develop engaging, comprehensive training materials
- Identify department leaders to oversee the CSR training program
- Reduce paper usage in the finance department by 30% through digitization
- Implement a digital document management system
- Train staff on digital record-keeping methods
- Replace paper invoices with e-billing systems
- Allocate 15% of department fund towards supporting local charity organizations
- Distribute calculated amount among local charities
- Determine total amount of department fund
- Calculate 15% of the total fund
2. OKRs to overhaul and digitize the current Chemical list
- Overhaul and digitize the current Chemical list
- Create a user-friendly digital manual that instructs on list utilization with less than 3% errors
- Draft simple, user-friendly step-by-step instructions
- Implement a rigorous testing and revision cycle
- Identify key points on list utilization for the manual
- Identify and correct any inaccuracies in the existing Chemical list by 25%
- Review the existing Chemical list for inaccuracies
- Correct the identified inaccuracies up to 25%
- Identify any errors or mismatches in the list
- Digitize 50% of the updated Chemical list efficiently and accurately
- Organize the digital database for efficient access
- Scan and upload 50% of the updated Chemical list
- Proofread the digitized data for accuracy
3. OKRs to ensure compliance and adaptability of Finance department for long-term success
- Ensure compliance and adaptability of Finance department for long-term success
- Identify and prioritize areas for automation and digitization within the Finance department
- Implement updated financial policies and procedures to meet regulatory requirements
- Revise and update financial policies and procedures to align with regulatory standards
- Conduct a comprehensive review of existing financial policies and procedures
- Identify gaps between existing policies and regulatory requirements
- Communicate and train employees on the updated financial policies and procedures
- Train all Finance department staff on new compliance protocols and best practices
- Schedule a training session for all Finance department staff
- Conduct role-playing exercises to practice implementing the best practices
- Assess the knowledge and understanding of staff through a post-training evaluation
- Develop training materials and resources for the new compliance protocols
- Develop a roadmap for integrating emerging technologies to future-proof Finance operations
Digitization 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.
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.
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 Digitization 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.
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 Digitization OKR templates
We have more templates to help you draft your team goals and OKRs.
OKRs to improve efficiency in meeting accounting deadlines OKRs to develop and implement an efficient cloud strategy OKRs to enhance product team's proficiency in Agile and Scrum methodologies OKRs to increase sales of coaching services to independent professionals OKRs to cultivate a dynamic environment promoting innovation and strategic decision-making OKRs to enhance effectiveness as a team activity partner
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.