2 customisable OKR examples for Performance Measurement

What are Performance Measurement 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 Performance Measurement 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 Measurement 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 Performance Measurement OKRs examples

We've added many examples of Performance Measurement 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!

1. OKR to implement a robust performance measurement system

  • ObjectiveImplement a robust performance measurement system
  • Key ResultConduct a pilot run and fix any identified issue by week 12
  • TaskConduct the pilot run during week 11
  • TaskIdentify and solve any issues by week 12
  • TaskFinalize the pilot run procedure by end of week 10
  • Key ResultDevelop automated processes for tracking these indicators by week 8
  • TaskIdentify necessary indicators for automation by week 2
  • TaskImplement and test automation process by week 7
  • TaskDesign automation process for tracking indicators by week 5
  • Key ResultIdentify and define 10 key performance indicators for system by week 4
  • TaskFinalize and define selected KPIs by week 4
  • TaskReview system functions and operation by week 1
  • TaskIdentify 10 potential performance indicators by week 2

2. OKR to enhance our performance measurement and reporting

  • ObjectiveEnhance our performance measurement and reporting
  • Key ResultImprove clarity and precision of all reports, targeting a 95% comprehension rate
  • TaskIncorporate visuals to increase report understanding
  • TaskImplement clear, concise language in all report writing
  • TaskConduct regular report comprehension checks
  • Key ResultImplement an analytics tool to track performance metrics across all departments
  • TaskIdentify key performance indicators for each department
  • TaskTrain department heads on how to use the tool
  • TaskResearch and choose a suitable analytics tool
  • Key ResultIncrease reporting accuracy by reviewing and correcting discrepancies by 20%
  • TaskIdentify and review current reports for errors
  • TaskImplement strict data verification measures
  • TaskCorrect discrepancies found in data reports

Best practices for managing your Performance Measurement 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.

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

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.

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.

Best way to track your Performance Measurement 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.

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 Performance Measurement 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

You can use Tability to create OKRs with AI – and keep yourself accountable 👀

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