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tability.ioWhat are Business Leaders OKRs?
The Objective and Key Results (OKR) framework is a simple goal-setting methodology that was introduced at Intel by Andy Grove in the 70s. It became popular after John Doerr introduced it to Google in the 90s, and it's now used by teams of all sizes to set and track ambitious goals at scale.
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 Leaders 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.
Business Leaders OKRs examples
You'll find below a list of Objectives and Key Results templates for Business Leaders. 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!
OKRs to strengthen the partnership between business leaders and people business partners
ObjectiveStrengthen the partnership between business leaders and people business partners
KRIncrease leader satisfaction rate with partner support by 25%
Establish a 24/7 support line for immediate assistance- Conduct regular feedback sessions with leaders for continuous improvement
- Implement training programs to enhance partner support skills
- KRImprove response times to business leader inquiries by 30%
- Implement a tracking system for prompt response to inquiries
- Train employees in efficient problem-solving techniques
- Prioritize addressing business leaders' inquiries promptly
- KRAchieve 30% more successful project deliveries with partner involvement
- Schedule regular training sessions to improve project execution skills
- Increase communication frequency with partners regarding project status
- Engage partners in decision-making and problem-solving processes
OKRs to secure partnerships with strategic industry leaders to drive business growth
- ObjectiveEstablish key partnerships to drive growth
- KRIdentify and prioritize potential partners based on revenue and market share
- KRTrack the success of each partnership by setting clear KPIs and regularly measuring progress
- KRDevelop a compelling pitch deck and present to at least 10 potential partners
- KRSign partnership agreements with at least 3 of the identified partners
OKRs to enhance employee recognition to boost positive contribution to businesses
- ObjectiveEnhance employee recognition to boost positive contribution to businesses
- KRRecognize 100% staff during quarterly 'Contributor of the Quarter' event
- Announce and celebrate each staff's contributions
- Ensure all staff members are acknowledged
- Set up a 'Contributor of the Quarter' recognition event
- KRImplement a peer-to-peer recognition program with 90% employee participation
- KRIncrease employee satisfaction score regarding recognition by 40%
- Create a mechanism for peers to recognize each other
- Implement an employee of the month program
- Regularly acknowledge team accomplishments in company meetings
How to write your own Business Leaders OKRs
1. Get tailored OKRs with an AI
You'll find some examples below, but it's likely that you have very specific needs that won't be covered.
You can use Tability's AI generator to create tailored OKRs based on your specific context. Tability can turn your objective description into a fully editable OKR template -- including tips to help you refine your goals.
- 1. Go to Tability's plan editor
- 2. Click on the "Generate goals using AI" button
- 3. Use natural language to describe your goals
Tability will then use your prompt to generate a fully editable OKR template.
Watch the video below to see it in action 👇
Option 2. Optimise existing OKRs with Tability Feedback tool
If you already have existing goals, and you want to improve them. You can use Tability's AI feedback to help you.
- 1. Go to Tability's plan editor
- 2. Add your existing OKRs (you can import them from a spreadsheet)
- 3. Click on "Generate analysis"
Tability's Strategy Map makes it easy to see all your org's OKRsTability 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.
You can then decide to accept the suggestions or dismiss them if you don't agree.
Option 3. Use the free OKR generator
If you're just looking for some quick inspiration, you can also use our free OKR generator to get a template.
Unlike with Tability, you won't be able to iterate on the templates, but this is still a great way to get started.
Business Leaders 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
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.
Tip #2: Commit to weekly OKR 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.
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.
How to track your Business Leaders OKRs
Quarterly OKRs should have weekly updates to get all the 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
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.
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 Business Leaders OKR templates
We have more templates to help you draft your team goals and OKRs.
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- OKRs to implement effective Data Governance Framework Agency-wide
- OKRs to migrate to a new technology
- OKRs to amplify developer involvement in epic definition and prioritization
- OKRs to enhance the quality of data through augmented scrubbing techniques