Tability is a cheatcode for goal-driven teams. Set perfect OKRs with AI, stay focused on the work that matters.
What are Business Operations Team 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 Operations Team 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 Operations Team 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
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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 Operations Team OKRs examples
You will find in the next section many different Business Operations Team 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!
OKRs to gain comprehensive knowledge about the agency operations in business
ObjectiveGain comprehensive knowledge about the agency operations in business
KRComplete three different business agency related online courses by top institutes
Research and select three top-rated business agency online courses
Regularly study and complete each course
Enroll in the selected online courses
KRConduct informational interviews with five successful business agents
Identify five successful business agents for interviews
Schedule and conduct the individual interviews
Prepare relevant questions regarding their business success
KRRead and comprehend 10 agency-based business case studies and summarize learnings
OKRs to implement automation and enhance workflow processes in business operations
ObjectiveImplement automation and enhance workflow processes in business operations
KRTrain all teams on new systems and demonstrate 30% reduction in processing times
Monitor and report the reduction in processing times
Schedule and conduct training sessions for all teams
Develop comprehensive training materials for new systems
KREnhance three business processes to increase efficiency by 25%
Develop solutions or strategies to streamline identified weak areas
Identify weakest areas in current business processes for target improvement
Implement the improvements and assess the efficiency increment
KRAdopt two automation tools that reduce manual tasks by 40%
Evaluate and test chosen automation tools for efficiency
Research and identify potential automation tools relevant to our tasks
Implement, monitor, and fine-tune the automation tools
OKRs to broaden understanding of agent's role in business operations
ObjectiveBroaden understanding of agent's role in business operations
KRAttend two professional seminars or webinars focused on the agent's role in the business
Register for two chosen professional seminars or webinars
Attend and actively participate in these webinars
Research upcoming webinars focused on the agent's role in business
KRConduct informational interviews with five business agents to gain first-hand information
Schedule and conduct interviews with selected agents
Identify five business agents relevant to the project
Draft insightful questions to ask during interviews
KRComplete three agent case studies with cross-industry analysis by quarter-end
Identify three agent cases from diverse industries for study
Compile findings and complete final report by quarter-end
Perform a detailed cross-industry analysis on chosen case studies
OKRs to enhance risk management and business support systems
ObjectiveEnhance risk management and business support systems
KRDevelop action plans to minimize identified risks by 25%
Identify potential risks within the current operations
Develop strategies to counteract each identified risk
Implement these strategies effectively at all operational levels
KRImprove 3 current business support strategies based on risk analysis results
Optimize existing contingency plans using risk analytics results
Revise support strategy based on highest probable risks
Implement risk mitigation tactics based on identified vulnerabilities
KRImplement a risk identification process for 80% of business operations areas
Define the scope of business operations for risk assessment
Conduct risk identification training for employees
Develop risk identification strategies for specified areas
OKRs to amplify efficiency and scalability of Business Operations' internal processes
ObjectiveAmplify efficiency and scalability of Business Operations' internal processes
KRIncrease team's operational efficiency by 25% through process automation and training
KRReduce operational delays and errors by 30% via enhanced internal quality controls
Monitor and assess performance for continuous improvement
Train employees on revised operational procedures
Implement stringent quality control checks at each stage
KRExpand the volume capacity by 20% through better resource allocation and staffing strategies
Review current resource allocation for efficiency improvements
Implement optimal staffing strategies to increase productivity
Source additional resources to accommodate 20% volume increase
OKRs to expand business operations while ensuring economic sustainability and profitability
ObjectiveExpand business operations while ensuring economic sustainability and profitability
KRIncrease net profit margin by 15% through cost management and optimization strategies
Negotiate with suppliers for lower purchasing prices
Eliminate unnecessary expenses and wasteful processes
Implement energy efficiency measures to reduce utility costs
KRImprove operational efficiency by 20% with technology-based process enhancements
Upgrade existing technology to newer, more efficient models
Implement automated workflow software for routine processes
Train employees on utilizing technology for increased productivity
KRGain 10 new high value contracts to diversify company revenue streams
Directive focused negotiation and closing of 10 high-value contracts
Develop personalized pitch proposals for each targeted client
Identify and target 15 potential high-value clients in diverse industries
OKRs to maximize revenue from current business operations
ObjectiveMaximize revenue from current business operations
KRUpsell or cross-sell products or services to 20% of current customers
Train sales team in upselling and cross-selling techniques
Design and deploy targeted marketing campaigns
Analyze purchasing trends of current customers for upsell opportunities
KREnhance customer retention rates by 15% to boost recurring revenue
Improve customer service response times and efficiency
Regularly solicit and act upon customer feedback
Implement loyalty programs to reward frequent purchases
KRIncrease profit margins by 10% through cost reduction strategies
Negotiate with vendors for more favorable supply deals
Identify areas for potential cost savings in operations
Implement energy-saving policies to reduce utility costs
OKRs to maximise profits from current business operations
ObjectiveMaximise profits from current business operations
KRIncrease annual sales by 15%
Improving customer retention through excellent services
Implement marketing strategies to attract new customers
Launch new, in-demand products to increase sales volume
KRUpsell or cross-sell to existing clients to increase per-client revenue by 10%
Develop customized promotion or discount plans for existing clients
Analyze clients' purchasing patterns to identify upselling opportunities
Train staff on effective cross-selling techniques
KRCut down operational costs by minimum 7%
Implement energy-saving strategies to reduce utility expenses
Streamline processes to increase efficiency and decrease wasted resources
Renegotiate contracts with suppliers for better pricing
OKRs to boost sustainable growth and profitability of the business
ObjectiveBoost sustainable growth and profitability of the business
KRReduce operational costs by 10% through efficiency improvements
Implement energy-saving measures in all company facilities
Streamline processes to eliminate non-value-adding activities
Invest in cost-effective, high-efficiency equipment
KRGrow customer base by 20% with green initiatives
Host community events showcasing company's commitment to sustainability
Develop a marketing campaign focusing on company's environmental efforts
Implement a customer rewards program for eco-friendly purchasing decisions
KRIncrease net profit margin by 15%
Evaluate pricing strategies, increase price where appropriate
Improve operational efficiency to reduce waste
Implement cost-cutting measures for overhead expenses
OKRs to establish a comprehensive Operational Excellence Program
ObjectiveEstablish a comprehensive Operational Excellence Program
KRAchieve a 15% increase in overall operational efficiency metrics by quarter end
Train workforce in lean management for optimized performance
Implement technological upgrades to optimize production processes
Regularly review and streamline workflow processes
KRIdentify and document 20 potential business processes for optimization
Prioritize processes for potential optimization
Review existing operations and identify 20 optimization possibilities
Document each process in detail, noting inefficiencies
KRImplement operational improvements in at least 5 identified business processes
Develop strategies for operational enhancements
Identify 5 business processes needing improvement
Implement improved processes in those identified areas
Business Operations Team 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
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.
Tip #2: Commit to weekly OKR 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.
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 OKR dashboards
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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
Spreadsheets are enough to get started. Then, once you need to scale you can use 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 Operations Team OKR templates
We have more templates to help you draft your team goals and OKRs.
OKRs to improve academic performance significantly
OKRs to maximizing ecommerce growth through improved email marketing strategy
OKRs to establish strong core distribution teams through robust recruitment
OKRs to improve the effectiveness and efficiency of our design system
OKRs to improve efficiency in client and team management
OKRs to minimize fraudulent transactions on debit cards