13 customisable OKR examples for Resource Efficiency

What are Resource Efficiency 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.

Formulating strong OKRs can be a complex endeavor, particularly for first-timers. Prioritizing outcomes over projects is crucial when developing your plans.

We've tailored a list of OKRs examples for Resource Efficiency 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 Resource Efficiency 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 Resource Efficiency OKRs examples

You'll find below a list of Objectives and Key Results templates for Resource Efficiency. We also included strategic projects for each template to make it easier to understand the difference between key results and projects.

Hope you'll find this helpful!

1. OKR to improve cost efficiency through optimal resource allocation

  • ObjectiveImprove cost efficiency through optimal resource allocation
  • Key ResultReduce waste in resource allocation by identifying and eliminating non-essential expenses by 20%
  • TaskImplement and monitor the expense reduction plan
  • TaskIdentify non-essential expenses in current resource allocation
  • TaskCreate a plan to reduce these expenses by 20%
  • Key ResultReduce overall operational costs by 10% through careful cost monitoring and control
  • TaskImplement regular audits to identify unnecessary expenses
  • TaskEnforce strict budgeting and reduce waste
  • TaskIntroduce cost tracking systems in all departments
  • Key ResultIncrease resource utilization rate by 15% while maintaining performance quality
  • TaskImplement efficient resource allocation strategies
  • TaskProvide regular training for optimal resource utilization
  • TaskMonitor and optimize resource usage regularly

2. OKR to streamline the entire recruitment process for efficiency

  • ObjectiveStreamline the entire recruitment process for efficiency
  • Key ResultImprove offer acceptance rate by 10%
  • TaskEnhance job descriptions to appeal to more prospective candidates
  • TaskImplement faster decision-making in the hiring process
  • TaskProvide competitive salaries and benefits as incentives
  • Key ResultAchieve a 15% increase in qualified candidate flow
  • TaskEnhance employee referral program incentives
  • TaskDevelop robust, enticing social media recruitment strategies
  • TaskImplement a more strategic job posting and advertising plan
  • Key ResultReduce average hiring cycle time by 20%
  • TaskRegularly update and optimize hiring strategies
  • TaskUse technology for efficient candidate screening
  • TaskImplement streamlined application and interview procedures

3. OKR to enhance the efficiency of internal team communication

  • ObjectiveEnhance the efficiency of internal team communication
  • Key ResultIncrease usage of team collaboration tools by 30%
  • TaskImplement training sessions highlighting tool benefits and functionalities
  • TaskLaunch a company-wide communication promoting tool usage
  • TaskOffer incentives for employees who regularly utilize the tools
  • Key ResultImplement weekly team catch-up meetings, achieving 90% attendance
  • TaskTrack attendance to maintain rate above 90%
  • TaskSchedule weekly meetings during common free time
  • TaskSend reminders about meetings two days prior
  • Key ResultReduce email response time by 50%
  • TaskSet dedicated times for checking and responding to emails
  • TaskPrioritize emails based on urgency and importance
  • TaskUse email templates for common responses

4. OKR to implement an Efficient, Global Community of Practice (CoP) Model

  • ObjectiveImplement an Efficient, Global Community of Practice (CoP) Model
  • Key ResultDecrease resource usage through efficiency measures by 15%
  • TaskConduct regular checks to identify wasteful processes
  • TaskProvide staff training on resource-efficient practices
  • TaskImplement energy-saving equipment across all operations
  • Key ResultIncrease global CoP participation by 25%
  • TaskDevelop engaging CoP programs and initiatives globally
  • TaskImplement strategic marketing to target potential CoP participants
  • TaskEnhance online platforms for greater CoP outreach
  • Key ResultAchieve 95% satisfaction rate in CoP member surveys on efficiency outcomes
  • TaskDevelop and continually improve effective communication within CoP
  • TaskImplement regular training for CoP members on efficiency strategies
  • TaskSolicit and implement member feedback on efficiency processes

5. OKR to improve Compensation Plan

  • ObjectiveImprove Compensation Plan
  • Key ResultIncrease employee satisfaction by implementing pay raises based on performance evaluation
  • Key ResultImprove cost efficiency by optimizing the compensation plan to decrease overhead expenses
  • Key ResultEnhance equity by conducting a thorough analysis to identify any pay disparities among employees
  • TaskDevelop and implement strategies to address identified pay disparities and ensure equal compensation
  • TaskCollect and analyze salary data to identify any pay disparities among employees
  • TaskConduct interviews or surveys to gather feedback on employee perceptions of pay equity
  • TaskCompare compensation across different job roles to determine if there are significant gaps
  • Key ResultReduce turnover rate by revising the compensation structure to align with market standards
  • TaskDevelop a revised compensation plan that aligns with market standards and addresses employee needs
  • TaskReview and analyze the company's existing compensation structure
  • TaskConduct market research to determine current compensation standards for relevant positions
  • TaskCommunicate the revised compensation structure to employees and seek their feedback and suggestions

6. OKR to instill a high-performance culture in Finance Operations

  • ObjectiveInstill a high-performance culture in Finance Operations
  • Key ResultElevate employee job satisfaction rate to 90% via targeted development programs
  • TaskInitiate regular feedback sessions to identify employee issues and concerns
  • TaskImplement rewards and recognition system to acknowledge outstanding performance
  • TaskDevelop tailored training programs focusing on employee skill enhancement
  • Key ResultReduce financial reporting errors by 15% to ensure accuracy
  • TaskProvide staff with additional training on financial reporting
  • TaskAdopt automated financial reporting software to minimize manual errors
  • TaskImplement a double-checking system for all financial reports
  • Key ResultIncrease department's monthly revenue by 10% through process efficiencies
  • TaskIdentify and eliminate unnecessary processes in the workflow
  • TaskTrain staff on new, streamlined procedures
  • TaskImplement more efficient, cost-saving technology

7. OKR to improve our team's productivity and efficiency

  • ObjectiveImprove our team's productivity and efficiency
  • Key ResultDecrease wastage of resources by 20%
  • TaskTrain staff on resource conservation strategies
  • TaskConduct regular equipment checks for optimal functionality
  • TaskImplement efficiency measures in production processes
  • Key ResultIncrease weekly team output by 15%
  • TaskMonitor, evaluate, and adjust work processes regularly
  • TaskEnhance staff skills through focused training
  • TaskImplement efficient work strategies and new productivity tools
  • Key ResultReduce project turnaround time by 25%
  • TaskDelegate responsibilities effectively among team members
  • TaskImplement time management techniques
  • TaskStreamline workflows and eliminate unnecessary steps

8. OKR to enhance operational efficiency through optimal resource utilization

  • ObjectiveEnhance operational efficiency through optimal resource utilization
  • Key ResultIncrease employee productivity by 25% through advanced training programs
  • TaskMonitor and evaluate the impact of training on employees' productivity
  • TaskImplement regular training sessions for all employees
  • TaskDevelop comprehensive advanced training programs relevant to employees' work
  • Key ResultAchieve 20% reduction in operational costs through process optimization
  • TaskDevelop and implement enhanced process optimization strategies
  • TaskIdentify inefficiencies in existing operational processes
  • TaskRegularly monitor, evaluate and update the processes
  • Key ResultReduce resource wastage by 15% by improving inventory management
  • TaskTrain staff on efficient inventory management practices
  • TaskImplement a real-time inventory tracking system
  • TaskRegularly analyze and adjust inventory levels

9. OKR to revamp and Enhance the Candidate Pre-Hire Experience

  • ObjectiveRevamp and Enhance the Candidate Pre-Hire Experience
  • Key ResultIncrease candidate satisfaction rate to 90% with proactive communication and feedback mechanism
  • TaskProvide immediate response to candidate inquiries
  • TaskImplement weekly update emails to candidates about their application
  • TaskEstablish a regular feedback mechanism for candidates
  • Key ResultImplement a standardized yet personalized digital interview experience for 80% of candidates
  • TaskIdentify tools for customizable digital interviews
  • TaskTrain HR staff in utilizing interview technology
  • TaskSample test interviews with volunteers
  • Key ResultReduce time-to-hire by 30% through streamlining recruitment processes
  • TaskConduct initial interviews within a week of application
  • TaskImplement a comprehensive applicant tracking system
  • TaskRevise job descriptions for clarity and relevance

10. OKR to enhance the employee adaptation process for better integration

  • ObjectiveEnhance the employee adaptation process for better integration
  • Key ResultImplement a new orientation program for 80% of newly hired employees
  • TaskDevelop metric tools to track program participation and effectiveness
  • TaskAssign a team to implement and oversee the new orientation program
  • TaskDesign an effective, comprehensive orientation structure for new hires
  • Key ResultIncrease employee engagement score by 25% after 3 months of employment
  • TaskConduct consistent one-on-one check-ins with each employee
  • TaskImplement regular team-building activities
  • TaskUse recognition programs to reward outstanding work
  • Key ResultDecrease average time to full productivity for new hires by 20%
  • TaskInclude performance tracking in the first week
  • TaskProvide mentorship programs for quicker skill acquisition
  • TaskImplement an intensive, streamlined onboarding program

11. OKR to streamline the company's recruitment process

  • ObjectiveStreamline the company's recruitment process
  • Key ResultIncrease new hire retention rate by 10% through improved onboarding processes
  • TaskDevelop a comprehensive and engaging employee onboarding program
  • TaskProvide mentorship opportunities for new employees
  • TaskImplement regular check-ins with new hires
  • Key ResultReduce hiring process time by 30% while maintaining quality of hires
  • TaskImplement an efficient applicant tracking system
  • TaskStreamline the interview and selection process
  • TaskConduct timely background and reference checks
  • Key ResultImplement a standardized interviewing system across all departments
  • TaskDevelop a standard interview protocol for all departments
  • TaskTrain hiring managers on the new interview system
  • TaskMonitor and adjust the system based on feedback

12. OKR to streamline the company's recruitment process for efficiency and quality hires

  • ObjectiveStreamline the company's recruitment process for efficiency and quality hires
  • Key ResultShorten the average hiring process time by 30%
  • TaskImplement an efficient applicant tracking system
  • TaskImprove job posting clarity to attract qualified applicants
  • TaskCreate a structured, streamlined interviewing process
  • Key ResultIntroduce a structured training program leading to 15% higher candidate performance
  • TaskIdentify key skills that directly influence candidate performance
  • TaskDevelop comprehensive training materials focusing on these skills
  • TaskImplement regular assessments to measure performance improvement
  • Key ResultEnhance the selection process to increase successful onboarding rate by 20%
  • TaskIntroduce a robust pre-employment skill assessment
  • TaskRevamp job descriptions to focus on key qualifications and skills
  • TaskImplement a comprehensive, structured interview process

13. OKR to increase efficiency and effectiveness of product development through continuous process improvement

  • ObjectiveIncrease efficiency and effectiveness of product development through continuous process improvement
  • Key ResultAchieve a customer satisfaction rating of 90% by addressing product development pain points and enhancing quality
  • Key ResultDecrease resource wastage by 10% through optimized resource allocation and utilization
  • TaskIdentify and prioritize areas where resource wastage is currently occurring
  • TaskMonitor and track resource usage regularly to ensure ongoing reduction in wastage
  • TaskImplement streamlined processes and systems to improve resource allocation and utilization efficiency
  • TaskConduct a thorough assessment of current resource allocation and utilization practices
  • Key ResultIncrease the percentage of successful product launches by 15% through improved workflows and collaboration
  • TaskFoster cross-functional collaboration through regular team meetings and knowledge sharing sessions
  • TaskConduct a thorough analysis of existing workflows to identify bottlenecks and inefficiencies
  • TaskImplement a project management tool to streamline communication and task tracking
  • TaskEstablish a feedback loop with stakeholders to continuously improve product launch processes
  • Key ResultReduce product development cycle time by 20% through streamlined processes and automation

Best practices for managing your Resource Efficiency 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

Focus can only be achieve by limiting the number of competing priorities. It is crucial that you take the time to identify where you need to move the needle, and avoid adding business-as-usual activities to your 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

Having good goals is only half the effort. You'll get significant more value from your OKRs if you commit to a weekly check-in process.

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 Resource Efficiency OKRs

Your quarterly OKRs should be tracked weekly in order to get all the benefits of the OKRs 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 Resource Efficiency 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.

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