15 customisable OKR examples for Operations Management

What are Operations Management OKRs?

The OKR acronym stands for Objectives and Key Results. It's a goal-setting framework that was introduced at Intel by Andy Grove in the 70s, and it became popular after John Doerr introduced it to Google in the 90s. OKRs helps teams has a shared language to set ambitious goals and track progress towards them.

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 Operations Management 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 Operations Management 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 Operations Management OKRs examples

We've added many examples of Operations Management Objectives and Key Results, but we did not stop there. Understanding the difference between OKRs and projects is important, so we also added examples of strategic initiatives that relate to the OKRs.

Hope you'll find this helpful!

1OKRs to increase cost management efficiency for people and operations

  • ObjectiveIncrease cost management efficiency for people and operations
  • Key ResultImplement cost tracking system to monitor and analyze spend across departments
  • TaskTrain department heads in cost tracking system usage
  • TaskLaunch system and begin monitoring departmental expenses
  • TaskSelect cost tracking software suitable for our business needs
  • Key ResultTrain managers on cost management best practices to mitigate overspending
  • TaskFollow-up on training effectiveness and changes
  • TaskIdentify experts to guide practice implementation
  • TaskArrange cost management training seminars for managers
  • Key ResultReduce operational costs by 10% through process optimization and automation
  • TaskConduct a thorough assessment of current operational processes
  • TaskImplement process optimization and automation strategies
  • TaskIdentify inefficiencies and areas for automation

2OKRs to improve time management and task prioritization

  • ObjectiveImprove time management and task prioritization
  • Key ResultIncrease productivity by completing 90% of priority tasks
  • TaskMinimize distractions by creating a focused work environment
  • TaskUse time blocking techniques to allocate dedicated time for priority tasks
  • TaskSet clear and specific goals for each priority task
  • TaskPrioritize tasks based on urgency and importance
  • Key ResultDevelop a daily schedule that ensures adequate time allocation for important tasks
  • TaskRegularly review and adjust the daily schedule to ensure optimal time allocation
  • TaskMinimize distractions by setting boundaries and establishing designated work areas or times
  • TaskAllocate specific time blocks for each important task in the daily schedule
  • TaskIdentify and prioritize important tasks based on urgency and importance
  • Key ResultReduce time wasted on low-value activities by 50%
  • TaskIdentify low-value activities through a comprehensive analysis of daily tasks
  • TaskDelegate low-value activities to appropriate team members for increased productivity
  • TaskImplement time management techniques, such as prioritizing tasks and setting realistic deadlines
  • TaskContinuously review and optimize processes to eliminate or automate low-value activities
  • Key ResultAttend time management training to learn effective techniques
  • TaskResearch and find a suitable time management training program
  • TaskEnroll in the selected time management training course
  • TaskImplement and practice the learned time management techniques consistently
  • TaskActively participate and engage in all training sessions

3OKRs to optimize currency trading operations within the Treasury

  • ObjectiveOptimize currency trading operations within the Treasury
  • Key ResultReduce trade-related loss by 10% through improved analytics
  • TaskConduct bi-weekly assessment of current trade analytics results
  • TaskTrain employees on updated analytics tools and interpretation
  • TaskImplement more advanced analytics software to track trade activities
  • Key ResultAchieve 5% higher trade yield by innovative risk management
  • TaskDevelop a comprehensive risk management strategy
  • TaskTrain team in advanced risk assessment techniques
  • TaskImplement new trading algorithms and AI tools
  • Key ResultIncrease trade volume by 20% by refining trade strategy
  • TaskDevelop improved strategy based on data analysis
  • TaskAnalyze performance data of past trade strategies
  • TaskImplement and monitor the new strategy

4OKRs to improve lab coat inventory management system

  • ObjectiveImprove lab coat inventory management system
  • Key ResultImplement a digital tracking system for real-time inventory status
  • TaskTrain staff on using the new system
  • TaskInstall the system and integrate with existing infrastructure
  • TaskResearch and choose a suitable digital inventory tracking system
  • Key ResultReduce stock discrepancies by 20% through timely and accurate inventory updates
  • TaskImplement a real-time inventory tracking system
  • TaskTrain staff on accurate stock counting procedures
  • TaskSchedule regular inventory audits and reviews
  • Key ResultAchieve a 15% decrease in oversupply by optimizing reorder levels
  • TaskAnalyze and improve supplier lead times
  • TaskImplement an inventory management system
  • TaskReview and adjust current inventory reorder levels

5OKRs to successfully optimize a contract operations project

  • ObjectiveSuccessfully optimize a contract operations project
  • Key ResultImplement optimizations in top-priority area and achieve 20% efficiency increase
  • TaskMonitor and ensure 20% efficiency increase
  • TaskDevelop and implement efficiency improvement strategies
  • TaskIdentify top-priority area requiring optimization
  • Key ResultIdentify and prioritize 5 potential areas for improvement by end of Week 3
  • TaskRank the areas based on urgency and potential impact
  • TaskIdentify 5 areas in need of improvement within the operations
  • TaskAnalyze the importance and impact of each area
  • Key ResultDocument the optimization process with insights to guide future projects
  • TaskCreate a guide based on insights for future projects
  • TaskAnalyze and record insights gained from the optimization
  • TaskDocument all steps taken during process optimization

6OKRs to enhance capital utilization efficiency of auto-parts trading company

  • ObjectiveEnhance capital utilization efficiency of auto-parts trading company
  • Key ResultIncrease return on invested capital by 15%
  • TaskReview and optimize current investment portfolio
  • TaskRedirect funds to high return investments
  • TaskEngage skilled financial advisor to reassess strategies
  • Key ResultBoost revenue growth by 20% by leveraging existing capital
  • TaskInvest funds into market research for product improvement
  • TaskUpgrade technology to improve operational efficiency
  • TaskRedistribute capital towards more profitable business divisions
  • Key ResultReduce capital waste by 10% through process optimization
  • TaskReview all processes to identify areas of excessive spending
  • TaskTrain staff on optimized procedures to minimize waste
  • TaskImplement efficiency measures within identified wasteful processes

7OKRs to optimize server capacity planning

  • ObjectiveOptimize server capacity planning
  • Key ResultIncrease server utilization rate by 20%
  • TaskRegularly monitor and analyze server performance data
  • TaskImplement server virtualization to optimize resource usage
  • TaskDelete unnecessary data and applications from server
  • Key ResultImplement an automated capacity monitoring system
  • TaskInstall and configure the monitoring system
  • TaskSelect a system and acquire necessary components
  • TaskResearch different automated capacity monitoring systems
  • Key ResultReduce downtime incidents by 50%
  • TaskInvest in high-quality, reliable hardware and software
  • TaskTrain staff on troubleshooting and incident management
  • TaskImplement a proactive maintenance schedule for all equipment

8OKRs to streamline incident response process to reduce time by 15%

  • ObjectiveStreamline incident response process to reduce time by 15%
  • Key ResultDecrease resolution time by 10% through systematic problem-solving methods
  • TaskEstablish a dedicated troubleshooting team
  • TaskImplement training on efficient problem-solving strategies
  • TaskIntroduce problem-tracking and management software
  • Key ResultImplement a new incident management system improving efficiency by 10%
  • TaskEvaluate current incident management process and identify inefficiencies
  • TaskResearch and select a new incident management system
  • TaskTrain staff on new system's usage and procedures
  • Key ResultTrain team on quick, effective incident identification within 5% fewer hours
  • TaskSchedule short, focused training sessions for the team
  • TaskImplement practice drills for faster comprehension
  • TaskDevelop a streamlined incident identification training curriculum

9OKRs to strengthen operational self-sufficiency and resiliency within the business

  • ObjectiveStrengthen operational self-sufficiency and resiliency within the business
  • Key ResultImplement two new business continuity plans
  • TaskTest and refine the proposed business continuity plans
  • TaskDevelop two separate strategies that address these risks
  • TaskIdentify potential risks that could disrupt business operations
  • Key ResultIncrease emergency fund savings by 25%
  • TaskSet up automated monthly transfers to emergency fund
  • TaskAnalyze current budget and identify unnecessary expenses
  • TaskGenerate additional income through side jobs
  • Key ResultTrain 90% of the team on new operational procedures for better autonomy
  • TaskImplement follow-up assessments to ensure competency
  • TaskOrganize comprehensive training sessions for team members
  • TaskDevelop simplified documentation of new operational procedures

10OKRs to improve utilization rate of employees and resources

  • ObjectiveImprove utilization rate of employees and resources
  • Key ResultEnhance employee productivity by 20% via targeted skill training
  • TaskDesign and implement targeted training programs
  • TaskIdentify key skills required for each employee role
  • TaskEvaluate individual progress after skill training
  • Key ResultDecrease resource idle time by 10% using improved allocation strategies
  • TaskImplement dynamic resource allocation software
  • TaskIdentify and analyze current resource utilization patterns
  • TaskFoster training programs about effective resource management
  • Key ResultBoost the resources usage efficiency by 15% through process optimization
  • TaskImplement technological enhancements for improved workflow
  • TaskUndertake comprehensive process audit for identifying inefficiencies
  • TaskRegularly track and analyze progress towards efficiency goals

11OKRs 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

12OKRs 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

13OKRs to enhance capital management for optimal value creation

  • ObjectiveEnhance capital management for optimal value creation
  • Key ResultAchieve 5% reduction in capital waste by streamlining operations
  • TaskDevelop streamlined processes for identified wasteful operations
  • TaskReview all operations to identify sources of capital waste
  • TaskImplement, monitor, and adjust streamlined processes as necessary
  • Key ResultReduce total capital expenditures by 15%
  • TaskAnalyze current capital expenditures for possible cost reductions
  • TaskRestructure financial plans, prioritizing essential capital investments
  • TaskLimit investing in new equipment or infrastructure
  • Key ResultIncrease return on invested capital by 10%
  • TaskImplement efficiency strategies to cut operational costs
  • TaskIdentify underperforming investments and reallocate funds
  • TaskExplore new investment avenues with higher returns

14OKRs to streamline and improve existing patch management system

  • ObjectiveStreamline and improve existing patch management system
  • Key ResultAutomate 70% of patch deployments by integrating configuration software
  • TaskInitiate software integration with existing systems
  • TaskTest and tweak process until 70% automation is achieved
  • TaskIdentify suitable configuration software for patch deployment automation
  • Key ResultDevelop a patch assessment process to identify vulnerabilities in 100% of systems
  • TaskCatalog all systems requiring patch assessment
  • TaskDevelop a procedure to apply patches regularly
  • TaskImplement a vulnerability detection tool
  • Key ResultReduce patch-related system downtime by 60% with thorough testing procedures
  • TaskRegularly update patch management protocol documentation
  • TaskImplement comprehensive pre-deployment patch testing procedures
  • TaskConduct frequent system performance evaluations

15OKRs to achieve substantial operational cost reduction

  • ObjectiveAchieve substantial operational cost reduction
  • Key ResultImplement automation in 3 high-cost operational activities to improve efficiency
  • TaskImplement and monitor the automation processes
  • TaskDesign suitable automation strategies for each operation
  • TaskIdentify 3 high-cost operations prone to automation
  • Key ResultReduce operational expenses by 15% through process optimization and waste reduction
  • TaskIdentify and eliminate inefficient operational processes
  • TaskTrain staff on optimized workflow processes
  • TaskImplement waste reduction measures across all departments
  • Key ResultReduce third-party vendor costs by renegotiating contracts and exploring alternative suppliers
  • TaskResearch and evaluate alternative suppliers
  • TaskDevelop and implement cost-effective contracts with new vendors
  • TaskInitiate negotiations for current vendor contracts

Operations Management 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.

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

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.

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.

How to turn your Operations Management OKRs in a strategy map

OKRs without regular progress updates are just KPIs. You'll need to update progress on your OKRs every week to get the full 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

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 Operations Management 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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