3 OKR examples for Management Teams
What are Management Teams 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.
How you write your OKRs can make a huge difference on the impact that your team will have at the end of the quarter. But, it's not always easy to write a quarterly plan that focuses on outcomes instead of projects.
That's why we have created a list of OKRs examples for Management Teams to help. You can use any of the templates below as a starting point to write your own goals.
If you want to learn more about the framework, you can read more about the OKR meaning online.
Best practices for managing your Management Teams 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
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.
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.
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 below). 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.
Building your own Management Teams OKRs with AI
While we have some examples below, it's likely that you'll have specific scenarios that aren't covered here. There are 2 options available to you.
- Use our free OKRs generator
- Use Tability, a complete platform to set and track OKRs and initiatives
- including a GPT-4 powered goal generator
Best way to track your Management Teams 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
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.
Management Teams OKRs templates
We've covered most of the things that you need to know about setting good OKRs and tracking them effectively. It's now time to give you a series of templates that you can use for inspiration!
You'll find below a list of Objectives and Key Results templates for Management Teams. 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!
OKRs to establish Conditions for Fast Decision-Making Processes
- Establish Conditions for Fast Decision-Making Processes
- Implement a decision-making framework in at least 3 departments
- Identify 3 departments for framework installation
- Develop a suitable decision-making framework
- Train department heads on the new framework
- Decrease average decision-making time by 20%
- Implement streamlined decision-making procedures
- Conduct training sessions on efficient decision making
- Adopt computerized decision support systems
- Train 75% of team leaders on the new decision-making framework
- Identify team leaders needing training on the new framework
- Conduct and monitor training to ensure 75% participation
- Develop a flexible schedule for training sessions
OKRs to enhance Product's Cybersecurity
- Enhance Product's Cybersecurity
- Implement two additional layers of authentication for user access to sensitive data
- Reduce the average response time for resolving cybersecurity incidents by 20%
- Implement real-time threat monitoring and detection systems to identify and respond to incidents promptly
- Conduct regular cybersecurity training and awareness programs to improve incident response capabilities
- Enhance collaboration and communication between cybersecurity teams to streamline incident resolution processes
- Develop and implement standardized incident response procedures for efficient and effective resolution
- Conduct a comprehensive vulnerability assessment and address identified issues within two weeks
- Increase cybersecurity training completion rate to 90% for all employees
- Conduct regular assessments and evaluations to identify and address any barriers to training completion
- Implement a regular reminder system to notify employees about pending training and deadlines
- Develop engaging online cybersecurity training modules with interactive exercises and gamification elements
- Provide incentives and rewards for employees who complete cybersecurity training on time
OKRs to improve incident management
- Build an amazing incident management process
- Reduce the number of regressions by 60%
- Increase the size of the incident response team from 2 to 6 people
- Reduce the MTTR from 3h to 60 minutes
More Management Teams OKR templates
We have more templates to help you draft your team goals and OKRs.
OKRs to use Content Marketing for growth OKRs to foster higher productivity through effective team collaboration OKRs to improve developer experience by improvign dev speed OKRs to enhance creative innovation prowess in apparel design OKRs to boost InMail acceptance rate to 62% OKRs to implement a comprehensive talent pool database through strategic mapping
OKRs resources
Here are a list of resources to help you adopt the Objectives and Key Results framework.
- To learn: Complete 2024 OKR cheat sheet
- Blog posts: ODT Blog
- Success metrics: KPIs examples