15 customisable OKR examples for Innovation
What are Innovation 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 Innovation 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 Innovation 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 Innovation OKRs examples
You'll find below a list of Objectives and Key Results templates for Innovation. 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. OKRs to enhance innovation manager's mastery of business requirements
Enhance innovation manager's mastery of business requirements
Complete 3 advanced courses on business requirements analysis by quarter-end
Complete all coursework by quarter-end- Enroll in these courses immediately
- Select 3 advanced courses on business requirements analysis
- Show 30% improvement in speed and precision of drafting business requirement documents
- Use standardized templates to ensure consistent quality
- Attend workshops on efficient business requirement drafting
- Practice time management skills for quicker drafting
- Inspect and accurately identify business requirements in 5 real-case scenarios
- Review company documents to understand existing business processes
- Analyze and document findings from five case scenarios
- Conduct interviews with stakeholders to identify needs
2. OKRs to enhance service efficiency and transformation via innovation and benchmarking
- Enhance service efficiency and transformation via innovation and benchmarking
- Benchmark our services against 3 industry-leading competitors to identify improvement opportunities
- Identify 3 industry-leading competitors relevant to our services
- Analyze and benchmark our services against these competitors
- Identify and document possible improvement opportunities
- Increase service process efficiency by 25% through the use of lean techniques
- Monitor, review and adjust new processes regularly
- Analyze and eliminate inefficiencies in current processes
- Implement lean techniques training for service process teams
- Implement 2 new innovative solutions that transform our services and add value
- Research and identify two innovative solutions for services
- Evaluate and measure added value post-implementation
- Develop implementation plans for chosen innovations
3. OKRs to cultivate a dynamic environment promoting innovation and strategic decision-making
- Cultivate a dynamic environment promoting innovation and strategic decision-making
- Improve data-driven decision accuracy by 15% through advanced analytics applications
- Implement advanced analytics tools for data analysis
- Regularly review and adjust analytical models for precision
- Train staff on utilizing analytics applications effectively
- Increase idea submissions by employees by 30% through ideation platforms
- Recognize and reward top idea contributors
- Launch a promotional campaign for the ideation platform
- Provide training on using ideation platforms effectively
- Implement at least 3 innovative ideas leading to 10% cost or time savings
- Identify and analyze current processes for possible efficiency improvements
- Encourage and collect innovative improvement suggestions from team members
- Implement, monitor, and measure impact of selected innovative ideas
4. OKRs to cultivate and leverage leaders with innovative ideas for organizational growth
- Cultivate and leverage leaders with innovative ideas for organizational growth
- Identify 10 potential leaders through proven leadership discovery methodologies
- Select 10 potential leaders from results
- Research proven leadership discovery methodologies
- Apply methodologies to identify potential leaders
- Substantiate 5 new emergent ideas proposed by the identified leaders
- Research the feasibility and potential impact of the new ideas
- Arrange meetings with the leaders to discuss their proposed ideas
- Prepare detailed reports supporting these emergent concepts
- Achieve a 20% increase in innovative project implementations lead by these leaders
- Implement training programs focused on innovation
- Encourage risk-taking and idea experimentation
- Organize regular creative brainstorming sessions with leaders
5. OKRs to become a core collaborator in the local innovation ecosystem
- Become a core collaborator in the local innovation ecosystem
- Launch targeted outreach marketing campaign to increase agency visibility in the ecosystem
- Implement and monitor the marketing campaign
- Identify potential target audience for the marketing campaign
- Develop a strategic, tailored marketing outreach plan
- Build partnerships with 5 local tech-based startups for collaborative initiatives
- Organize 3 interactive workshops/seminars to facilitate knowledge sharing in the ecosystem
- Promote events through email blasts, social media, and networking sites
- Identify relevant topics and design 3 engaging workshop/seminar curriculums
- Arrange logistic elements such as venue, audio/visual equipment, refreshments
6. OKRs to enhance service delivery through innovation and benchmarking
- Enhance service delivery through innovation and benchmarking
- Create and implement 2 innovative solutions to transform existing services
- Develop prototypes of the 2 selected solutions
- Implement and test these innovative solutions in live services
- Brainstorm new, innovative ways to enhance current services
- Benchmark against 5 industry leaders to identify and implement best practices
- Analyze their best practices and methodologies
- Identify top 5 industry leaders for benchmark comparison
- Incorporate identified best practices into our operations
- Increase service delivery efficiency by 30% using new technological advancements
- Investigate latest technology advancements in service delivery
- Monitor and evaluate tech system effectiveness regularly
- Implement new tech systems to streamline service processes
7. OKRs to enhance IT operational efficiency through data-driven innovations
- Enhance IT operational efficiency through data-driven innovations
- Implement 2 new data-driven tools to ensure 10% faster project delivery
- Research top-rated data-driven tools for project management
- Train team on new tool integration and usage
- Monitor project delivery speed improvements regularly
- Increase the use of automated processes by 20% to reduce manual work
- Identify tasks that can be automated efficiently
- Invest in higher-quality automation software
- Train staff on implementing these automated processes
- Decrease IT incident response time by 15% through predictive analytics
- Regularly review analytics to optimize incident response
- Train IT staff on predictive analytics tools' usage
- Implement predictive analytics software in the IT department
8. OKRs to accelerate service transformation through innovation and benchmarking
- Accelerate service transformation through innovation and benchmarking
- Achieve a 15% reduction in service processing time via technological enhancements
- Train staff to effectively utilize technology for efficiency
- Implement automation software for routine service tasks
- Upgrade outdated processing systems with faster technology
- Implement three benchmarked best practices in service delivery
- Analyze their best service delivery practices thoroughly
- Incorporate these strategies into our existing service delivery model
- Identify top-performing companies in service delivery for benchmarking
- Increase operational efficiency by 25% through process innovation
- Review and streamline current operational processes
- Implement new technologies to automate routine tasks
- Invest in staff process innovation training
9. OKRs to enhance creative innovation prowess in apparel design
- Enhance creative innovation prowess in apparel design
- Secure 3 partnerships with fashion-forward influencers for collaboration and promotion
- Draft personalized collaboration proposals for influencers
- Identify potential influencers who align with brand aesthetic
- Initiate outreach and negotiation with selected influencers
- Facilitate 5 design thinking and creative workshops for the design team
- Schedule dates for all five workshops
- Identify expert professionals to run the workshops
- Prepare content and materials needed for workshops
- Develop and launch 10 unique and trendsetting clothing line collections
- Conduct thorough research on current fashion trends and demands
- Design and produce sample pieces for each collection
- Plan and execute an engaging marketing and launch event
10. OKRs to elevate Design Through Balanced Innovation and Practicality
- Elevate Design Through Balanced Innovation and Practicality
- Achieve 30% increase in client satisfaction score relating to functionality and aesthetics
- Hire design consultant to improve aesthetic appeal
- Implement user-feedback system to understand client functionality needs
- Conduct regular usability testing to identify issues
- Implement 3 innovative design concepts into our existing product line
- Execute and evaluate the implementation of these innovative designs
- Identify 3 innovative design concepts relevant to our product line
- Collaboratively brainstorm the integration approach for each design concept
- Conduct 5 practicality-focus group discussions to incorporate user feedback into design
- Analyze feedback and incorporate into design
- Identify subjects for 5 practicality-focus group discussions
- Organize and conduct the focus group discussions
11. OKRs to enhance innovation and synergy within startup house ecosystem
- Enhance innovation and synergy within startup house ecosystem
- Achieve 25% increase in constructive feedback exchanges among members
- Offer training on how to give constructive feedback
- Encourage open communication and active listening
- Implement regular, structured team feedback sessions
- Initiate three cross-departmental projects to enhance collaborative efforts
- Organize a meeting with department leads to discuss plans
- Assign project teams and set clear communication channels
- Identify potential projects requiring cross-departmental collaboration
- Implement two new innovative systems or processes for startups to utilize
- Provide comprehensive training and support for startup utilization
- Research cutting-edge technologies suitable for startup business operations
- Design and develop two innovative systems or processes
12. OKRs to enhance data engineering capabilities to drive software innovation
- Enhance data engineering capabilities to drive software innovation
- Improve data quality by implementing automated data validation and monitoring processes
- Implement chosen data validation tool
- Research various automated data validation tools
- Regularly monitor and assess data quality
- Enhance software scalability by optimizing data storage and retrieval mechanisms for large datasets
- Optimize SQL queries for faster data retrieval
- Adopt a scalable distributed storage system
- Implement a more efficient database indexing system
- Increase data processing efficiency by optimizing data ingestion pipelines and reducing processing time
- Develop optimization strategies for lagging pipelines
- Implement solutions to reduce data processing time
- Analyze current data ingestion pipelines for efficiency gaps
13. OKRs to enhance customer satisfaction and drive innovation in sales operations
- Enhance customer satisfaction and drive innovation in sales operations
- Launch 2 innovative sales strategies that increase sales by at least 15%
- Implement and track these sales strategies
- Develop two innovative, targeted sales strategies
- Adjust strategies as needed to ensure 15% sales increase
- Improve customer satisfaction scores by 20% through enhanced customer service
- Develop a consistent, efficient customer feedback system
- Implement comprehensive training for customer service representatives
- Promote quick and effective problem resolution
- Implement 1 new technological solution to streamline sales operations and processes
- Implement selected technological solution effectively
- Research and evaluate potential IT solutions for identified issues
- Identify inefficiencies in current sales operations and processes
14. OKRs to reinforce innovation within the finance department operations
- Reinforce innovation within the finance department operations
- Implement 2 process improvement technologies enhancing efficiency by 25%
- Research the best technologies for enhancing processes
- Identify areas that need improvement for better efficiency
- Implement selected technologies and monitor results
- Achieve a 15% increase in departmental productivity from continuous improvement initiatives
- Launch team-building exercises for improved collaboration
- Implement workflow software to optimize daily operations
- Conduct regular employee training sessions
- Conduct 5 innovative idea sharing workshops leading to 10 actionable strategies
- Identify topics and structure for 5 idea sharing workshops
- Plan and conduct each workshop targeting innovative idea generation
- Select and finalized 10 actionable strategies from generated ideas
15. OKRs to expand the innovation team's capacity and breadth of projects
- Expand the innovation team's capacity and breadth of projects
- Add 2 new specialized roles in technology and design to the team
- Draft job descriptions for the new roles
- Identify specific skills needed for technology and design roles
- Begin recruitment process to fill positions
- Increase the number of successfully managed projects by 50%
- Enhance team collaboration and communication strategies
- Implement effective project tracking and reporting systems
- Improve project management skills through relevant training and workshops
- Increase team size by 30% through strategic hiring and staff upskilling
- Develop a strategic hiring plan to attract crucial talent
- Regularly review team structure and adjust hiring as needed
- Implement a comprehensive employee upskilling program
Innovation 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
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's audit dashboard will highlight opportunities to improve OKRsTip #2: Commit to weekly OKR 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's check-ins will save you hours and increase transparencyTip #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 Innovation OKRs in a strategy map
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
Spreadsheets are enough to get started. Then, once you need to scale you can use a proper OKR platform to make things easier.
Tability's Strategy Map makes it easy to see all your org's OKRsIf 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 Innovation OKR templates
We have more templates to help you draft your team goals and OKRs.
- OKRs to improve employee engagement by increasing satisfaction by 10%
- OKRs to successful Business Launch in Africa
- OKRs to streamline incident response process to reduce time by 15%
- OKRs to boost Odoo CRM utilization and proficiency company-wide
- OKRs to centralize prospecting features within a singular client intelligence hub
- OKRs to enhance quality control to bolster cash flow
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 👀
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