3 customisable OKR examples for Performance Assessment
What are Performance Assessment 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 have a collection of OKRs examples for Performance Assessment 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 our OKR guide online.
Building your own Performance Assessment 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 Performance Assessment OKRs examples
You will find in the next section many different Performance Assessment 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. OKRs to implement a robust compliance training program
Implement a robust compliance training program
Design and launch comprehensive training modules for 90% of employees by end of quarter
Identify necessary knowledge areas for training module design
Develop comprehensive training programs for identified areas
Deploy training modules for use by employees
Achieve 80% passing scores in post-training assessments
Regularly monitor and feedback on trainee performance
Develop comprehensive study materials for post-training review
Implement consistent tutoring or study sessions
Receive positive feedback (at least 75% satisfaction rate) from the participants
Encourage participants to provide feedback
Develop engaging, relevant content for participants
Continually improve based on feedback received
2. OKRs to develop robust metrics for social media content assessment
Develop robust metrics for social media content assessment
Minimize measurement errors to 2% or less across all evaluated social media content
Implement precise analytics tools for accurate data collection
Regularly audit data sets to identify discrepancies
Train teams on data collection best practices
Create a standardized measurement framework for evaluating content by week 8
Review existing content evaluation methods by week 2
Finalize and implement framework by week 8
Establish criteria for standardized measurements by week 5
Identify and define 10 key performance indicators for social media by the end of week 4
Prepare definitions for each chosen indicator
Research potential key performance indicators for social media
Draft list of the 10 most relevant indicators
3. OKRs to optimize the performance of our venture capital portfolio
Optimize the performance of our venture capital portfolio
Conduct 30+ thorough due diligence to identify promising start-ups for investment
Present and discuss findings with the investment committee for decision making
Compile a list of potential startups based on industry trends and financial health
Conduct a detailed analysis of each startup's business model and market potential
Increase portfolio ROI by 15% through strategic investments and diversification
Review current portfolio, identify underperforming assets
Conduct market research for profitable investment opportunities
Develop and implement a diversification strategy
Decrease underperforming investments by 20% by performing comprehensive risk assessments
Conduct comprehensive risk assessments on each asset
Identify underperforming investments in your portfolio
Strategically sell off 20% of underperforming assets
Performance Assessment 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 Dashboard](https://tability-templates-v2.vercel.app/_next/static/media/tability-insights-board.e70f9466.png)
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 Dashboard](https://tability-templates-v2.vercel.app/_next/static/media/checkins-graph.b2aec458.png)
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 Performance Assessment OKRs in a strategy map
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
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 Tability](https://tability-templates-v2.vercel.app/_next/static/media/tability_strategy_map.2ad25843.png)
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 Performance Assessment OKR templates
We have more templates to help you draft your team goals and OKRs.
OKRs to improve Product Stability and Quality
OKRs to enhance policy analysis acumen for agriculture and nature concerns
OKRs to improve Employee Retention
OKRs to implement engagement visibility for corporate customers on Mina Sidor
OKRs to complete holistic roadmap for human capital management 2024
OKRs to enhance data governance by building a robust business catalog
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 👀
Tability is a unique goal-tracking platform built to save hours at work and help teams stay on top of their goals.
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