3 customisable OKR examples for Financial Strategist

What are Financial Strategist 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.

Crafting effective OKRs can be challenging, particularly for beginners. Emphasizing outcomes rather than projects should be the core of your planning.

We've tailored a list of OKRs examples for Financial Strategist 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 Financial Strategist 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 Financial Strategist OKRs examples

You will find in the next section many different Financial Strategist 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. 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

2. OKR to improve financial strategies for customer satisfaction and loyalty

  • ObjectiveImprove financial strategies for customer satisfaction and loyalty
  • Key ResultImprove customer service problem resolution efficiency by 20% through financial investment
  • TaskInvest in relevant, high-quality training for customer service staff
  • TaskImplement advanced customer service software systems
  • TaskAllocate budget for hiring additional customer service staff
  • Key ResultDevelop 3 new customer loyalty incentives reducing churn by 15%
  • TaskDesign three new loyalty incentives addressing customers' needs and desires
  • TaskIdentify top reasons for customer churn through surveys and data analysis
  • TaskImplement, track, and adjust incentives based on customer feedback and results
  • Key ResultIncrease customer satisfaction ratings by 10% through finance-related improvements
  • TaskOffer financial advice to customers
  • TaskResolve complaints regarding billing timely
  • TaskImplement quicker, user-friendly payment methods

3. OKR to increase wealth by improving income and managing spending

  • ObjectiveIncrease wealth by improving income and managing spending
  • Key ResultDedicate 10% of each paycheck to investments to generate additional income
  • TaskDetermine monthly income
  • TaskTransfer this amount to chosen investments
  • TaskCalculate 10% of the monthly income
  • Key ResultRaise primary income by 15% through performance at work or business growth
  • TaskSeek promotion or salary increase at the current job
  • TaskDevelop and implement strategies for business sales growth
  • TaskImprove job performance through continuing education or training
  • Key ResultReduce unnecessary expenses by identifying and eliminating 20% of non-essential costs
  • TaskCreate a strategy to eliminate identified non-essential costs
  • TaskReview and categorize all expenses to identify non-essential costs
  • TaskImplement the cost-reduction strategy and track progress

Best practices for managing your Financial Strategist 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 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 Financial Strategist OKRs

Quarterly OKRs should have weekly updates to get all the 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 Financial Strategist 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

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.

Signup1 Create your workspace
Signup2 Build plans in seconds with AI
Signup3Track your progress
Quick nav