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OKR template to minimize overall business risk

public-lib · Published 8 months ago

Your OKR template

This OKR aims to decrease the business's total risk. Three primary targets are defined: establishing a weekly risk assessment process, implementing a risk management framework, and giving all management staff risk management training. Each objective includes a defined number or percentage, ensuring clear and measurable goals.

The first objective is about setting up a weekly risk assessment and examining 10 distinct risk areas. The initiates to achieve this includes designing this weekly risk assessment process, identifying 10 unique risk areas to be evaluated, and conducting and analyzing these assessments weekly on a consistent basis.

The second objective intends to implement a risk management framework that reduces identified risks by 25%. Regularly monitoring and updating the risk management framework, developing mitigation strategies for every identified risk, and identifying potential risks onsite and ranking them by severity are efforts made to reach these goals.

The final objective intends to offer risk management training to all managerial staff. To achieve this aim, there will be scheduling of training sessions for all managers, verifying and recording staff completion of training, and identifying suitable risk management training courses or providers.
  • ObjectiveObjectiveMinimize overall business risk
  • Key ResultKREstablish 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 ResultKRImplement 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 ResultKRProvide 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
Use in Tability

How to edit and track OKRs with Tability

You'll probably want to edit the examples in this post, and Tability is the perfect tool for it.

Tability is an AI-powered platform that helps teams set better goals, monitor execution, and get help to achieve their objectives faster.

With Tability you can:

  • Use AI to draft a complete set of OKRs in seconds
  • Connect your OKRs and team goals to your project
  • Automate reporting with integrations and built-in dashboard

Instead of having to copy the content of the OKR examples in a doc or spreadsheet, you can use Tability’s magic importer to start using any of the examples in this page.

The import process can be done in seconds, allowing you to edit OKRs directly in a platform that knows how to manage and track goals.

Step 1. Sign up for a free Tability account

Go tohttps://tability.app/signup and create your account (it's free!)

Step 2. Create a plan

Follow the steps after your onboarding to create your first plan, you should get to a page that looks like the picture below.

Tability Import Options

Step 3. Use the magic importer

Click on Use magic import to open up the Magic Import modal.

Now, go back to the OKR examples, and click on Copy on the example that you’d like to use.

Copy from the template

Paste the content in the text import section. Don’t worry about the formatting, Tability’s AI will be able to parse it!

Importing from text

Now, just click on Import from text and let the magic happen.

Tability editor with imported content

Once your example is in the plan editor, you will be able to:

  • Edit the objectives, key results, and tasks
  • Click on the target 0 → 100% to set better target
  • Use the tips and the AI to refine your goals

Step 4. Publish your plan

Once you’re done editing, you can publish your plan to switch to the goal-tracking mode.

Publish import

From there you will have access to all the features that will help you and your team save hours with OKR reporting.

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