15 customisable OKR examples for Efficiency Improvement

What are Efficiency Improvement 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 Efficiency Improvement 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 Efficiency Improvement 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:

Our customisable Efficiency Improvement OKRs examples

You'll find below a list of Objectives and Key Results templates for Efficiency Improvement. 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. OKR to foster continuous improvement culture in production team

  • ObjectiveFoster continuous improvement culture in production team
  • Key ResultIncrease production team engagement in suggesting improvement ideas by 30%
  • TaskProvide training on successful idea generation techniques
  • TaskImplement a rewards system for valuable improvement suggestions
  • TaskConduct weekly brainstorming sessions for innovative ideas
  • Key ResultAchieve a 20% reduction in production errors utilizing improvement techniques
  • TaskTrain staff regularly on error prevention strategies
  • TaskUpdate and fine-tune production machinery for precision
  • TaskImplement strict quality control processes on production lines
  • Key ResultImplement weekly training sessions covering different improvement methodologies by end of quarter
  • TaskIdentify relevant improvement methodologies for training
  • TaskSchedule and communicate the training sessions
  • TaskDesign engaging weekly training curriculums

2. OKR to enhance the efficiency of indirect purchasing

  • ObjectiveEnhance the efficiency of indirect purchasing
  • Key ResultReduce indirect purchasing costs by 10%
  • TaskNegotiate better contracts with suppliers to obtain lower prices
  • TaskImplement a centralized purchasing system to reduce overhead costs
  • TaskIdentify and eliminate unnecessary spending in the indirect purchasing process
  • Key ResultImprove vendor satisfaction scores from indirect purchasing by 20%
  • TaskImplement feedback mechanisms for continuous improvement
  • TaskStreamline procurement processes for faster processing
  • TaskRegularly conduct satisfaction surveys among all vendors
  • Key ResultDecrease purchasing process time by 15%
  • TaskTraining staff on time-management and productivity techniques
  • TaskStreamline approval workflows for quicker decision making
  • TaskImplement efficient digital tools to expedite the purchasing process

3. OKR to achieve optimal efficiency in engineering operations

  • ObjectiveAchieve optimal efficiency in engineering operations
  • Key ResultLower engineering error rates by 10% through enhanced quality control measures
  • TaskRegularly monitor and review error reports
  • TaskConduct regular training for quality control measures
  • TaskImplement rigorous testing protocols for every engineering process
  • Key ResultReduce operation downtime by 20% through improved preventative maintenance procedures
  • TaskImplement strict equipment servicing and inspection schedules
  • TaskDevelop detailed preventative maintenance protocols
  • TaskTrain personnel in efficient troubleshooting techniques
  • Key ResultIncrease operational efficiency by 15% via process improvement initiatives
  • TaskImplement new strategies to streamline processes
  • TaskRegularly assess and adjust improvements for optimal efficiency
  • TaskIdentify inefficiencies in current operational procedures

4. OKR to improve Efficiency of O&KR Maintenance Operations

  • ObjectiveImprove Efficiency of O&KR Maintenance Operations
  • Key ResultRaise successful first-time repairs to 90% to reduce return visits
  • TaskMonitor and review each repair case for feedback improvement
  • TaskEquip team with advanced repair tools and manuals
  • TaskImplement comprehensive training for repair staff in problem-diagnosis
  • Key ResultIncrease routine maintenance schedule adherence by 20%
  • TaskImplement a digital task management tool
  • TaskTrain staff in thorough, consistent maintenance practices
  • TaskAudit adherence rates regularly
  • Key ResultDecrease equipment downtime by 15% through proactive, preventive measures
  • TaskRegularly update and upgrade equipment software
  • TaskTrain staff on proper equipment operation
  • TaskImplement regular maintenance schedule for all equipment

5. OKR to enhance operational efficiency across all workflows

  • ObjectiveEnhance operational efficiency across all workflows
  • Key ResultReduce task redundancy by identifying and eliminating 20% of duplicate tasks
  • TaskImplement plan to remove 20% of these duplicates
  • TaskIdentify duplicate tasks in existing workflow
  • TaskAnalyze impact of eliminating identified duplicates
  • Key ResultReduce processing time by 15% for key operational activities
  • TaskImplement efficient technologies to streamline operational processes
  • TaskTrain staff on time management skills and faster work methods
  • TaskIdentify and eliminate unneeded steps in current procedures
  • Key ResultImplement two new process automation tools to minimize manual intervention
  • TaskResearch and select two process automation tools suitable for our needs
  • TaskTrain staff on how to utilize these new tools
  • TaskPurchase and install the selected automation tools

6. OKR to develop streamlined reports and dashboard to reduce necessary staffing

  • ObjectiveDevelop streamlined reports and dashboard to reduce necessary staffing
  • Key ResultAchieve a 20% reduction in headcount through improved process efficiency by end of quarter
  • Key ResultBuild a comprehensive dashboard to track and measure 5 key process indicators
  • TaskDesign and implement a comprehensive dashboard
  • TaskContinually update and assess dashboard metrics
  • TaskIdentify top 5 key process indicators to track
  • Key ResultDesign and implement 4 automated reports to eliminate manual data collection
  • TaskImplement and test the automated reports
  • TaskIdentify key metrics and data for automated reports
  • TaskDesign report structures using an automation tool

7. OKR to amplify efficiency and scalability of Business Operations' internal processes

  • ObjectiveAmplify efficiency and scalability of Business Operations' internal processes
  • Key ResultIncrease team's operational efficiency by 25% through process automation and training
  • Key ResultReduce operational delays and errors by 30% via enhanced internal quality controls
  • TaskMonitor and assess performance for continuous improvement
  • TaskTrain employees on revised operational procedures
  • TaskImplement stringent quality control checks at each stage
  • Key ResultExpand the volume capacity by 20% through better resource allocation and staffing strategies
  • TaskReview current resource allocation for efficiency improvements
  • TaskImplement optimal staffing strategies to increase productivity
  • TaskSource additional resources to accommodate 20% volume increase

8. OKR to enhance proficiency in managing administrative tasks and assigned duties

  • ObjectiveEnhance proficiency in managing administrative tasks and assigned duties
  • Key ResultAttend a minimum of 2 professional development workshops related to administrative duties
  • TaskIdentify relevant professional development workshops for administrative tasks
  • TaskRegister for chosen workshops
  • TaskAttend and participate in both workshops
  • Key ResultReduce errors in administrative tasks to less than 5%
  • TaskDevelop a comprehensive checklist for daily tasks
  • TaskConduct monthly audits for error tracking
  • TaskImplement regular training sessions for administrative skills
  • Key ResultDecrease task completion time by 15% over the quarter
  • TaskStreamline processes and remove unnecessary steps
  • TaskProvide staff with time management training
  • TaskImplement workflow management software for efficiency

9. OKR to improve resolution of travel time requests

  • ObjectiveImprove resolution of travel time requests
  • Key ResultAchieve 95% customer satisfaction rate on resolved requests
  • TaskSurvey customers post-resolution for satisfaction insight
  • TaskRegularly review and improve resolution strategies
  • TaskImplement a comprehensive customer service training program
  • Key ResultImplement a new resolution system to increase efficiency by 30%
  • TaskIdentify inefficiencies in the current resolution system
  • TaskDevelop a streamlined, more efficient process plan
  • TaskImplement and monitor the new resolution system
  • Key ResultReduce average resolution timeframe by 20%
  • TaskProvide additional trainings to staff for faster troubleshooting
  • TaskStreamline the resolution workflow to eliminate unnecessary steps
  • TaskImplement efficient time management techniques into resolution process

10. OKR to enhance efficiency of month end reporting process

  • ObjectiveEnhance efficiency of month end reporting process
  • Key ResultAutomate 30% of manual reporting tasks
  • TaskImplement and test automated tasks
  • TaskChoose appropriate reporting automation software
  • TaskIdentify repeatable and time-consuming manual reporting tasks
  • Key ResultIncrease report accuracy by eliminating all data discrepancies
  • TaskDevelop a standardized data input procedure
  • TaskTrain staff on data accuracy best practices
  • TaskImplement regular data auditing processes
  • Key ResultReduce average report generation time by 25%
  • TaskImplement automation software to expedite tasks
  • TaskTrain staff to efficiently utilize reporting tools
  • TaskReview and streamline the current report generation process

11. OKR to minimise and optimise operational expenditure effectively

  • ObjectiveMinimise and optimise operational expenditure effectively
  • Key ResultIncrease operational efficiency by 15% through the utilisation of lean methodologies
  • TaskTrain team in lean methodologies and continuous improvement principles
  • TaskContinuously monitor, measure and adjust for improved efficiency
  • TaskImplement lean tools, such as 5S, to optimize processes
  • Key ResultImplement at least 3 cost-saving initiatives within various departments
  • TaskDevelop and present cost-saving initiative proposals
  • TaskIdentify potential cost-saving areas in different departments
  • TaskImplement selected cost-saving strategies in respective departments
  • Key ResultAchieve a 10% reduction in total operational costs without compromising output quality
  • TaskNegotiate lower prices with vendors
  • TaskImplement lean processes to reduce waste
  • TaskEvaluate and optimize energy usage for cost efficiency

12. OKR to ensure timely submission of Financial Statements (FS)

  • ObjectiveEnsure timely submission of Financial Statements (FS)
  • Key ResultImplement a tracking system to monitor FS creation and submission process
  • TaskImplement the chosen tracking system
  • TaskIdentify key stages in the FS creation and submission process
  • TaskResearch potential tracking system options
  • Key ResultImprove efficiency by 25% in terms of time taken for FS preparation
  • TaskConduct FS preparation training for staff efficiency
  • TaskIncorporate technology to automate FS preparation processes
  • TaskImplement better organizational practices for FS preparation
  • Key ResultSet and adhere to pre-scheduled dates for completing sections of the FS
  • TaskSchedule specific completion dates for FS sections
  • TaskMake adjustments as necessary to meet deadlines
  • TaskRegularly review progress towards these dates

13. OKR to enhance performance and productivity as a business analyst

  • ObjectiveEnhance performance and productivity as a business analyst
  • Key ResultSteer 3 process improvement projects using data-driven insights
  • TaskImplement data collection methods to gather insights
  • TaskExecute improvements based on data analysis
  • TaskIdentify potential processes for improvement through initial analysis
  • Key ResultIncrease reporting efficiency by upgrading to advanced analytical tools
  • TaskResearch and identify suitable advanced analytical tools
  • TaskAllocate budget for purchasing new software
  • TaskTrain employees on utilizing new tools effectively
  • Key ResultDeliver 5 actionable reports per week with 90% accuracy
  • TaskGather necessary data for report creation daily
  • TaskThoroughly proofread each report before submission
  • TaskDedicate time each weekday to compile one report

14. OKR to enhance financial operations for continuous improvement

  • ObjectiveEnhance financial operations for continuous improvement
  • Key ResultMinimize financial waste by identifying and reducing unnecessary expenses by 5%
  • TaskImplement strategies to cut identified expenses by 5%
  • TaskIdentify non-essential expenses across all categories
  • TaskAnalyze all financial statements for last one year
  • Key ResultImplement at least two efficiency-improving process changes in the finance department
  • TaskResearch industry standards for efficient practices
  • TaskIntroduce technology to automate financial processes
  • TaskIdentify inefficiencies in current financial operations
  • Key ResultIncrease quarterly profits by at least 10%
  • TaskImplement cost-saving measures throughout all departments
  • TaskDevelop and execute an aggressive sales strategy
  • TaskExpand product or service offerings to generate revenue

15. OKR to efficiently meet annual audit plan commitments

  • ObjectiveEfficiently meet annual audit plan commitments
  • Key ResultFinalize and implement a resulting action plan from 80% of audits
  • TaskDevelop action plans based on audit results
  • TaskAnalyze findings from 80% of completed audits
  • TaskImplement devised action plans systematically
  • Key ResultAchieve 100% on-time completion for all scheduled audits
  • TaskRegularly monitor audit progress and completion rates
  • TaskCreate a structured, detailed audit schedule
  • TaskAssign and communicate specific deadlines to auditors
  • Key ResultIdentify and deliver financial improvements in 2 or more audited areas
  • TaskAnalyze recent audit reports to identify areas of financial improvements
  • TaskDevelop feasible strategies to improve audited financial areas
  • TaskImplement and track the impact of the improvement strategies

Best practices for managing your Efficiency Improvement 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 πŸ‘‡

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 Insights DashboardTability's audit dashboard will highlight opportunities to improve OKRs

Tip #2: Commit to the weekly 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 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 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.

Best way to track your Efficiency Improvement OKRs

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

We recommend using a spreadsheet for your first OKRs cycle. You'll need to get familiar with the scoring and tracking first. Then, you can scale your OKRs process by using a proper OKR-tracking tool for it.

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 Efficiency Improvement 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.

Create more examples in our app

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