3 customisable OKR examples for Process Innovation
What are Process Innovation 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.
Creating impactful OKRs can be a daunting task, especially for newcomers. Shifting your focus from projects to outcomes is key to successful planning.
We've tailored a list of OKRs examples for Process Innovation 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 Process Innovation 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 Process Innovation OKRs examples
You will find in the next section many different Process Innovation 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 enhance service efficiency and transformation via innovation and benchmarking
Enhance service efficiency and transformation via innovation and benchmarking
Benchmark our services against 3 industry-leading competitors to identify improvement opportunities
Identify 3 industry-leading competitors relevant to our services
Analyze and benchmark our services against these competitors
Identify and document possible improvement opportunities
Increase service process efficiency by 25% through the use of lean techniques
Monitor, review and adjust new processes regularly
Analyze and eliminate inefficiencies in current processes
Implement lean techniques training for service process teams
Implement 2 new innovative solutions that transform our services and add value
Research and identify two innovative solutions for services
Evaluate and measure added value post-implementation
Develop implementation plans for chosen innovations
2. OKRs to accelerate service transformation through innovation and benchmarking
Accelerate service transformation through innovation and benchmarking
Achieve a 15% reduction in service processing time via technological enhancements
Train staff to effectively utilize technology for efficiency
Implement automation software for routine service tasks
Upgrade outdated processing systems with faster technology
Implement three benchmarked best practices in service delivery
Analyze their best service delivery practices thoroughly
Incorporate these strategies into our existing service delivery model
Identify top-performing companies in service delivery for benchmarking
Increase operational efficiency by 25% through process innovation
Review and streamline current operational processes
Implement new technologies to automate routine tasks
Invest in staff process innovation training
3. OKRs to reinforce innovation within the finance department operations
Reinforce innovation within the finance department operations
Implement 2 process improvement technologies enhancing efficiency by 25%
Research the best technologies for enhancing processes
Identify areas that need improvement for better efficiency
Implement selected technologies and monitor results
Achieve a 15% increase in departmental productivity from continuous improvement initiatives
Launch team-building exercises for improved collaboration
Implement workflow software to optimize daily operations
Conduct regular employee training sessions
Conduct 5 innovative idea sharing workshops leading to 10 actionable strategies
Identify topics and structure for 5 idea sharing workshops
Plan and conduct each workshop targeting innovative idea generation
Select and finalized 10 actionable strategies from generated ideas
Process Innovation 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 Process Innovation OKRs in a strategy map
The rules of OKRs are simple. Quarterly OKRs should be tracked weekly, and yearly OKRs should be tracked monthly. 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.
![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 Process Innovation OKR templates
We have more templates to help you draft your team goals and OKRs.
OKRs to enhance the product management skills of our team
OKRs to develop a comprehensive monolingual dictionary
OKRs to increase customer migration from on-premises product to cloud product
OKRs to successfully launch challenge MVP (Minimum Viable Product)
OKRs to ensure optimal functionality of database servers through routine checks
OKRs to increase efficiency in customer support process
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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