2 OKR examples for Peer Review
What are Peer Review 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.
Crafting effective OKRs can be challenging, particularly for beginners. Emphasizing outcomes rather than projects should be the core of your planning.
We have a collection of OKRs examples for Peer Review to give you some inspiration. You can use any of the templates below as a starting point for your OKRs.
If you want to learn more about the framework, you can read more about the OKR meaning online.
Best practices for managing your Peer Review 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.
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.
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 Peer Review 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 Peer Review OKRs
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.
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.
Peer Review 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!
We've added many examples of Peer Review 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!
OKRs to enhance skill at describing campus locations
- Enhance skill at describing campus locations
- Get feedback on descriptions from 3 different peers for improvement
- Analyze received feedback for possible improvements
- Send descriptions to selected peers for feedback
- Identify 3 peers to review your descriptions
- Achieve a 90% satisfactory rating on descriptive composition focused on campus locations
- Regularly practice writing descriptive compositions
- Thoroughly study descriptions of various campus locations
- Request and incorporate feedback from peers
- Practice detailed description of 5 different campus places every week
- Choose 5 unique campus locations to explore each week
- Review and revise your descriptions regularly for improvement
- Write a detailed description for each chosen location
OKRs to increase mastery in applying the agile process
- Increase mastery in applying the agile process
- Facilitate a peer-review session around agile processes, receiving an average feedback score of 4/5
- Distribute a feedback form to assess the session
- Conduct an engaging and informative agile process review
- Prepare a comprehensive agenda for the peer-review session
- Implement three improvements from learned agile techniques in current projects
- Apply agile principles into daily routines and decision-making process
- Implement a sprints-based timeline for project tasks
- Incorporate regular stand-up meetings into project framework
- Complete two online agile process management courses with a score of 90% or above
- Allocate time daily to learn and review course materials
- Complete all course quizzes and assignments, targeting a 90%+ score
- Research and enroll in two online Agile process management courses
More Peer Review OKR templates
We have more templates to help you draft your team goals and OKRs.
OKRs to strengthen collaboration and maximize the impact of public and private partnerships OKRs to successfully implement the new bank branch opening infrastructure OKRs to maintain a professional and engaged presence at work OKRs to expand network by acquiring 10 integrated networks with a minimum of 50 professionals each OKRs to enhance technical performance and usability of the website OKRs to achieve production readiness for MassBalancer ISCC EU feature
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