kr4. Objective: Reduce operations costs by 20 percent. Antivirus/ Antispyware coverage: Virus protection should be installed on every machine on the network. Waitarent key results the same as tasks? Improve efficiency and patient experiences. Executive Office Operations OKR Examples Grow and align the entire organization through monthly company meetings Create 5-7 monthly topics for high-level transparency Collect 10-15 post-meeting surveys for evaluation Increase participation rate from 70% to 90% Bonus: See how Spekit uses ClickUp to track quarterly OKRs! Pay 100% carbon offset for calculated carbon dioxide emissions. Key results: Hit company global sales target of $100 Million in Sales; Achieve 100% year-to-year sales growth in the EMEA geography; Increase the company average deal size by 30% (with upsells) Reduce churn to less than 5% annually (via You know this means that senior executives and your Audit Committee wonder if re-assessing more frequently would ensure the right risks are being reviewed at the right time. KR: Double employee A key result answers the question: How will we know if we met our objective? Web Company OKR Examples Try in Mooncamp Objective Delight our customers Key Results Achieve NPS of at least 45 Increase CSAT score to at least 75% Increase customer retention to 97% Try in Mooncamp Objective Grow our global business Key Results Grow revenue to $100M in the US Grow revenue to $30M in the EMEA region Because aligning and cascading OKRs can be very confusing, we recommend OKRs are thought of as company-wide efforts where different functional teams champion the objectives and own the key results. 75% of material is biodegradable. Get expert coaching, deep technical support and guidance. If you need a distraction-free space to organize your thoughts as you write your OKRs and tasks, try ClickUp for free today! KR 1 : Increase monitoring time for communication ports that allow remote sessions TCP 22 (SSH), TCP 23 (telnet), TCP 3389 (RDP), and TCP 20 and 21 (FTP) from 1 min to 5 mins, KR 2 : Increase the frequency of review of third party accesses to companys network from 3 days to 1 day, KR 3 : Increase the frequency of IT security audits from half yearly to quarterly, Increase monitoring time for communication ports that allow remote sessions TCP 22 (SSH), TCP 23 (telnet), TCP 3389 (RDP), and TCP 20 and 21 (FTP) from 1 min to 5 mins, Increase the frequency of review of third party accesses to companys network from 3 days to 1 day, Increase the frequency of IT security audits from half yearly to quarterly. , Key results are outcomes, not tasks. WebOKR Examples: Content Marketing Objective: Build an engaging blog with high quality content Key Result 1: Increase blog traffic by 20% Key Result 2: Increase dwell time by 30% Key Result 3: Reduce bounce rate by 15% Advertising / Demand Generation Objective: Increase effectiveness of our Google Ads Improve the Engineering teams speed of delivery. Automate business processes across systems. Manage campaigns, resources, and creative at scale. Manage and distribute assets, and see how they perform. Objective: Attain highest-ever employee satisfaction score. Get actionable news, articles, reports, and release notes. Key Results are how you will achieve an objective. Improve website functionality on the front-end website. WebAn OKR is a popular management strategy that defines objectives and tracks results. No-code required. Audit Management: It is a systematic evaluation of the security of a companys information system by measuring how well it conforms to a set of established criteria. kr3. Objective: Nurture an increase in manager skills. WebLets take a look at 10 excellent examples of procurement OKRs that encapsulate the responsibilities of the procurement department, and also certain KPIs and metrics that must be kept in mind while setting targets and outlining initiatives for procurement. Objectives and key results should be easy for others to understand. OKRs encourage companies to align their effort from the C-level team down to the individual. Objective: Successfully launch the new product in Canada. Quickly automate repetitive tasks and processes. Do we need to set company OKRs, individual OKRs, or both? NIST 800-50) from 50% to 75%, Increase the average security awareness training score from 70% to 80%, Increase the complexity of average password strength for all logins from strong to very strong. OKRs at the corporate level should trickle down through each level of the organization. WebExample 10 Risk Management: It is the process of identifying, assessing and controlling threats to an organizations capital and earnings. Objective: Optimize the annual budgeting process. NIST 800-50) from 50% to 75%, KR 2 : Increase the average security awareness training score from 70% to 80%, KR 3 : Increase the complexity of average password strength for all logins from strong to very strong, Increase % of employees in security roles receiving specialized security training (eg. This is also an opportunity for employees to learn about big and small wins from different departments too. There are two types of goals in the OKR methodology you should know: committed and aspirational. The Information Security Management aims to ensure the confidentiality, integrity and availability of an organizations information, data and IT services. Streamline requests, process ticketing, and more. Here are a few places to mention OKRs: A project management tool is a valuable asset to merge alignment, accountability, and engagement in one place. Offer a positive onboarding experience for remote employees, Implement detailed product testing for every major launch, Build and lead a world-class product team, Increase product learning across the organization, Create an Awards promotion preparation strategy, Define clear policies for task completion, Improve cross-functional meetings and processes, Increase hiring and training activities. "Some folks will muck it up by having four or five or six objectives, which means they decrease their capacity to focus," says Darrel Whiteley, a Master Black Belt, Lean Master, and Kaizen expert with Firefly Consulting. These examples focus on garnering more attention for the business and, thereby, more revenue. IT Security Expense to IT Asset Value Ratio A benchmark of total IT security expenditure related to the total value of IT resources under management. We are your partners if you lead strategy in a mid-sized organization. Key results (KRs) are specific, measurable, and time-bound. OBJECTIVE: Grow our corporate global business. WebCreate the lowest carbon footprint in our industry. Move faster with templates, integrations, and more. OKRs for support and customer service frequently aim to speed customers on their way to using the product or service, and to win high satisfaction ratings from customers. Here, the top management and everyone else relate their objectives andkey resultstogetherto make a cohesive plan. Key Result: Increase monthly website visitors by 10%. All Rights Reserved Smartsheet Inc. Top company objectivesOKR examples. Using the above IT security OKRs as an inspiration, the IT organizations can start framing their own security OKRs to monitor and track the IT security policies and procedures. WebCreate the lowest carbon footprint in our industry. Logistics OKRs can focus on your processes or your tools. kr2. kr2. You know this means that senior executives and your Audit Committee wonder if re-assessing more frequently would ensure the right risks are being reviewed at the right time. WebCreate the lowest carbon footprint in our industry. These threats, or risks, could stem from a wide variety of sources, including financial uncertainty, legal liabilities, strategic management errors, accidents and natural disasters Explore modern project and portfolio management. KR 1 : Decrease the average mean time to patch (MTTP) from 90 days to 60 days, KR 2 : Increase the percentage of systems that have the latest OS or application patches installed over time from 90% to 95%, KR 3 : Improve the efficiency of automated patch deployment process from 50% to 75% to ensure patches are automatically deployed based on the deployment policies, Decrease the average mean time to patch (MTTP) from 90 days to 60 days, Increase the percentage of systems that have the latest OS or application patches installed over time from 90% to 95%, Improve the efficiency of automated patch deployment process from 50% to 75% to ensure patches are automatically deployed based on the deployment policies. Instead, start each Key Result with an action verb and continue the sentence with a description of what will be delivered with evidence of completion. Objective: Provide exceptional customer support. WebLets take a look at 10 excellent examples of procurement OKRs that encapsulate the responsibilities of the procurement department, and also certain KPIs and metrics that must be kept in mind while setting targets and outlining initiatives for procurement. This ensures that your OKRs are aligned with your overall vision and goals. Therefore, OKRs are considered team OKRs not individual OKRs. So we say yes to every request and tell ourselves its just part of the job. Objectives are the Whats. Objectives are company-wide, or in larger organizations, are also team-wide. Learn how the Smartsheet platform for dynamic work offers a robust set of capabilities to empower everyone to manage projects, automate workflows, and rapidly build solutions at scale. Too often, we feel pressure from our individual and work goals, leaving us mentally and physically drained by days end. Find more sales OKR examples in our guide. Companies want to achieve 100% of their committed OKRs. Initiative: Develop a social media campaign. OBJECTIVE: Build Strong Relationships with Forrester and Gartner, OBJECTIVE: Launch a New Customer Community, OBJECTIVE: Make our community known by industry experts and thought leaders. Objective: Improve fourth- to sixth-grade math scores. Pay 100% carbon offset for calculated carbon dioxide emissions. WebAnd 45 Examples of Great OKRs What is the OKR methodology? OBJECTIVE: Strengthen our corporate culture, OBJECTIVE: Successfully launch our new product by the end of Q2. Introduced and popularized in the 1970s at Intel, it has since spread throughout technology companies as a way to help employees understand and be engaged in an enterprise's charter. OKRs (Objectives and Key Results) is a methodology for goal setting where an objective outlines the desired outcome and is supported by 3-5 quantifiable and measurable key results to achieve that outcome. Whether youre in the middle of a restructure in your business, looking for company goals inspiration for the next quarter, or seeking writing tips to improve your objectives and key resultsweve got you covered! The following examples of human resources OKRs highlight personal development, manager development, and employee engagement aspirations. KR 1 : Decrease the time taken (MTTD) by the cybersecurity team or security operations center to become aware of a potential security incident (on average) from 10 mins to 5 mins, KR 2 : Decrease the percentage of employee population falling for phishing attempts from 20% to 8%, KR 3 : Reduce the botnet infection rate per month from 200 to 100, Decrease the time taken (MTTD) by the cybersecurity team or security operations center to become aware of a potential security incident (on average) from 10 mins to 5 mins, Decrease the percentage of employee population falling for phishing attempts from 20% to 8%, Reduce the botnet infection rate per month from 200 to 100, IT Security Training: It is the knowledge and attitude members of an organization possess regarding the protection of the physical, and especially informational, assets of that organization./p>, KR 1 : Increase % of employees in security roles receiving specialized security training (eg. Connect everyone on one collaborative platform. Questions? Companies should use an employee communication platform available on both mobile and desktop to meet the needs of a hybrid workforce. Furthermore, we believe strongly that the achievement of an objective must provide clear value for the organization. People, resources, and schedules are rearranged to ensure they get done. I will __________ (objective), as measured by __________ (key result). Once you have a balance of both aspirational and operational CEO-level OKRs, you can then begin to cascade goals throughout the rest of the company to achieve organizational alignment. Objective: Reach a monthly recurring revenue (MRR) of $75,000. Key Result: Grow NPS score from 7 to 8. If youre trying to help your team focus on the most important work, automate progress reporting, and get to the goal faster, check outClickUp. You can use OKRs to align the efforts of the entire organization. Access eLearning, Instructor-led training, and certification. Objective: Design and develop a new product. There are 4 key reasons OKR users find success Common Language: Translating long-term strategies into actionable quarterly focus. Objective: Raise professional artist awareness of the new masking product. Aspirational OKRs (moonshots) are ambitious and more challenging to accomplish, but they push us to think outside the box and innovate. KEY RESULT:Increase close rate from 22% to 27%. Objective: Successfully launch a beta version of the product. Today, organizations everywhere are adopting objectives and key results (OKRs) to help define and track tangible goals that every employee can champion. In other words, the substance of corporate and group objectives should "trickle down" to the team-level OKRs, so that the people on the front line of effort can support the big-picture aims with realistic, tactical goals. 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