7 customisable OKR examples for Risk Assessment

What are Risk Assessment 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've tailored a list of OKRs examples for Risk Assessment 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 Risk 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:

Our customisable Risk Assessment OKRs examples

You will find in the next section many different Risk 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. OKR to minimize overall business risk

  • ObjectiveMinimize overall business risk
  • Key ResultEstablish a weekly risk assessment process and analyze 10 distinct risk areas
  • TaskDesign a weekly risk assessment process
  • TaskIdentify and list 10 distinct risk areas to be assessed
  • TaskConduct and analyze weekly risk assessments consistently
  • Key ResultImplement a risk management framework to reduce identified risks by 25%
  • TaskRegularly monitor and update risk management framework
  • TaskDevelop mitigation strategies for each identified risk
  • TaskIdentify potential risks onsite and categorize by severity
  • Key ResultProvide risk management training to 100% of management staff
  • TaskSchedule training sessions for all management staff
  • TaskVerify and record staff completion of training
  • TaskIdentify suitable risk management training courses or providers

2. OKR to minimize customer fraud risk exposure

  • ObjectiveMinimize customer fraud risk exposure
  • Key ResultTrain 90% staff on anti-fraud techniques and identification
  • TaskIdentify relevant anti-fraud training programs or courses
  • TaskOrganize and schedule mandatory training sessions for staff
  • TaskMonitor and document staff participation and comprehension
  • Key ResultDecrease successful fraud cases by 30% through improved system security
  • TaskEducate employees on recognizing potential fraud
  • TaskRegularly update and patch security software
  • TaskImplement advanced fraud detection software systems
  • Key ResultImplement new risk-assessment tool improving detection by 20%
  • TaskResearch and select a new risk-assessment tool
  • TaskMonitor and evaluate tool’s effectiveness
  • TaskTrain team on how to use new tool

3. OKR to reduce the count of major incidents significantly

  • ObjectiveReduce the count of major incidents significantly
  • Key ResultDecrease incident response time by 25% through improving processes
  • TaskConduct regular response drills for the incident response team
  • TaskImplement new automation tools to streamline incident detection
  • TaskImprove documentation of incident resolution procedures
  • Key ResultConduct 3 trainings on incident prevention for all staff members
  • TaskSchedule common dates for training sessions
  • TaskDevelop curriculum for incident prevention training sessions
  • TaskNotify all staff members of trainings
  • Key ResultImplement proactive risk assessments to decrease major incidents by 30%
  • TaskTrain staff in risk awareness and prevention measures
  • TaskDevelop and implement proactive assessment strategies
  • TaskIdentify potential risks and vulnerabilities in current systems

4. OKR to attain ISO 27001 certification

  • ObjectiveAchieve ISO 27001 certification
  • Key ResultImplement necessary controls and measures to address identified risks and improve information security
  • TaskRegularly monitor and test the effectiveness of implemented controls and measures
  • TaskEstablish strong access controls and authentication mechanisms to protect sensitive information
  • TaskConduct a comprehensive risk assessment to identify vulnerabilities and potential threats
  • TaskDevelop and implement security policies and procedures based on the identified risks
  • Key ResultTrain all employees on information security policies and procedures to ensure compliance
  • TaskDevelop a comprehensive training program on information security policies and procedures
  • TaskConduct mandatory training sessions for all employees on information security policies and procedures
  • TaskProvide all employees with updated written materials outlining information security policies and procedures
  • TaskRegularly assess and evaluate employees' understanding of information security policies and procedures
  • Key ResultConduct a comprehensive risk assessment to identify gaps in information security practices
  • TaskDevelop action plans to address and close the identified gaps in information security practices
  • TaskIdentify potential vulnerabilities and weaknesses in the existing information security infrastructure
  • TaskReview current information security practices and policies
  • TaskAssess the potential impact of identified risks on the organization's information and data
  • Key ResultSuccessfully pass the ISO 27001 certification audit conducted by an accredited external body
  • TaskAddress any identified gaps or weaknesses in the information security controls
  • TaskPrepare and organize all required documentation and evidence for the audit process
  • TaskImplement necessary improvements to align with ISO 27001 requirements and best practices
  • TaskConduct a thorough internal review of all information security controls and processes

5. OKR to optimize the performance of our venture capital portfolio

  • ObjectiveOptimize the performance of our venture capital portfolio
  • Key ResultConduct 30+ thorough due diligence to identify promising start-ups for investment
  • TaskPresent and discuss findings with the investment committee for decision making
  • TaskCompile a list of potential startups based on industry trends and financial health
  • TaskConduct a detailed analysis of each startup's business model and market potential
  • Key ResultIncrease portfolio ROI by 15% through strategic investments and diversification
  • TaskReview current portfolio, identify underperforming assets
  • TaskConduct market research for profitable investment opportunities
  • TaskDevelop and implement a diversification strategy
  • Key ResultDecrease underperforming investments by 20% by performing comprehensive risk assessments
  • TaskConduct comprehensive risk assessments on each asset
  • TaskIdentify underperforming investments in your portfolio
  • TaskStrategically sell off 20% of underperforming assets

6. OKR to ensure evident quality work in projects to prevent issues

  • ObjectiveEnsure evident quality work in projects to prevent issues
  • Key ResultImplement preventive measures in 100% of projects
  • TaskDevelop comprehensive checklist for preventive measures in projects
  • TaskTrain project teams on implementing preventive measures
  • TaskMonitor and evaluate the effectiveness of preventive measures
  • Key ResultAchieve 95% satisfaction rate in client reviews
  • TaskOffer comprehensive training for excellent customer service
  • TaskRegularly monitor client satisfaction levels
  • TaskDevelop and implement client feedback loops
  • Key ResultReduce project-related incidents by 80%
  • TaskImplement rigorous project risk assessment protocols
  • TaskInvest in quality project management software
  • TaskTrain staff in incident prevention and response

7. OKR to deliver a well-informed assessment for a potential Series A follow-on investment at XY GmbH

  • ObjectiveDeliver a well-informed assessment for a potential Series A follow-on investment at XY GmbH
  • Key ResultComplete a comprehensive risk-benefit analysis of the follow-on investment
  • TaskIdentify and evaluate potential risks and benefits
  • TaskCompile and summarize analysis data in a final report
  • TaskGather all relevant data pertaining to the follow-on investment
  • Key ResultAnalyze XY GmbH's financial performance of the past two years
  • TaskCompare financial KPIs year-on-year to determine performance
  • TaskIdentify notable trends or outliers in financial data
  • TaskGather XY GmbH's financial statements from the past two years
  • Key ResultEvaluate competitiveness in XY GmbH's market sector
  • TaskReview customer satisfaction surveys and online reviews about XY GmbH's services
  • TaskAnalyze XY GmbH's product positioning and pricing against competitors
  • TaskConduct a SWOT analysis specific to XY GmbH's market sector

Best practices for managing your Risk Assessment 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 Risk Assessment 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 Risk Assessment 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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