Tability is a cheatcode for goal-driven teams. Set perfect OKRs with AI, stay focused on the work that matters.
What are Business Insights 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 Business Insights 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.
The best tools for writing perfect Business Insights OKRs
Here are 2 tools that can help you draft your OKRs in no time.
Tability AI: to generate OKRs based on a prompt
Tability AI allows you to describe your goals in a prompt, and generate a fully editable OKR template in seconds.
- 1. Create a Tability account
- 2. Click on the Generate goals using AI
- 3. Describe your goals in a prompt
- 4. Get your fully editable OKR template
- 5. Publish to start tracking progress and get automated OKR dashboards
Watch the video below to see it in action 👇
Tability Feedback: to improve existing OKRs
You can use Tability's AI feedback to improve your OKRs if you already have existing goals.
- 1. Create your Tability account
- 2. Add your existing OKRs (you can import them from a spreadsheet)
- 3. Click on Generate analysis
- 4. Review the suggestions and decide to accept or dismiss them
- 5. Publish to start tracking progress and get automated OKR dashboards
Tability will scan your OKRs and offer different suggestions to improve them. This can range from a small rewrite of a statement to make it clearer to a complete rewrite of the entire OKR.
Business Insights OKRs examples
We've added many examples of Business Insights Objectives and Key Results, but we did not stop there. Understanding the difference between OKRs and projects is important, so we also added examples of strategic initiatives that relate to the OKRs.
Hope you'll find this helpful!
OKRs to achieve deep understanding of each team's business and improve team organization
ObjectiveAchieve deep understanding of each team's business and improve team organization
KRDevelop and implement a customized organization system for each team, noting a 15% increase in efficiency
Analyze each team's current organization system- Create a tailored organization system per team
- Monitor and measure efficiency improvement
- KRAttend 5 meetings per team to gain in-depth knowledge about their business processes
- Review and summarize meeting notes for information
- Schedule to join 5 meetings per team
- Take detailed notes during each meeting
- KRInterview 3 team members from each team to gather detailed insights by Week 6
- Schedule interviews with selected team members by Week 3
- Conduct and document interviews by Week 6
- Prepare detailed interview questions by Week 4
OKRs to improve business decision-making through data-driven insights
- ObjectiveImprove business decision-making through data-driven insights
- KRConduct 3 successful data-driven project implementations with positive outcomes
- Execute comprehensive data collection and analysis
- Ensure proper implementation and evaluate results
- Determine measurable objectives for each data-driven project
- KRIncrease data analysis efficiency by 30% using advanced software tools
- Implement and train staff on the selected software tools
- Identify advanced software tools suitable for data analysis
- Regularly monitor and adjust processes for optimal efficiency
- KRIncrease data literacy among 60% of department employees through training sessions
- Identify specific data literacy skills each employee needs
- Schedule regular training sessions focused on data literacy
- Monitor and evaluate employees' progress post-training
Business Insights OKR best practices
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
Having too many OKRs is the #1 mistake that teams make when adopting the framework. The problem with tracking too many competing goals is that it will be hard for your team to know what really matters.
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.
Tip #2: Commit to weekly OKR check-ins
Setting good goals can be challenging, but without regular check-ins, your team will struggle to make progress. We recommend that you track your OKRs weekly to get the full benefits from the framework.
Being able to see trends for your key results will also keep yourself honest.
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.
Save hours with automated Business Insights OKR dashboards
OKRs without regular progress updates are just KPIs. You'll need to update progress on your OKRs every week to get the full benefits from the 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
Most teams should start with a spreadsheet if they're using OKRs for the first time. Then, you can move to Tability to save time with automated OKR dashboards, data connectors, and actionable insights.
How to get Tability dashboards:
- 1. Create a Tability account
- 2. Use the importers to add your OKRs (works with any spreadsheet or doc)
- 3. Publish your OKR plan
That's it! Tability will instantly get access to 10+ dashboards to monitor progress, visualise trends, and identify risks early.
More Business Insights OKR templates
We have more templates to help you draft your team goals and OKRs.
- OKRs to enhance supervisory skills and coffee expertise for barista/retail supervisor role
- OKRs to optimize the tutoring process for improved efficiency and effectiveness
- OKRs to optimise the recent ERP implementation and rectify outstanding issues
- OKRs to enhance profitable performance of the finance team
- OKRs to maximize efficiency of the sales operations department
- OKRs to comply with UX laws and execute an effective audit