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tability.ioWhat are Digitization 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.
OKRs are quickly gaining popularity as a goal-setting framework. But, it's not always easy to know how to write your goals, especially if it's your first time using OKRs.
We've tailored a list of OKRs examples for Digitization 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.
Digitization OKRs examples
You will find in the next section many different Digitization 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 bolster Finance Department's role in Corporate Social Responsibility (CSR) drives
- ObjectiveBolster Finance Department's role in Corporate Social Responsibility (CSR) drives
- KRImplement a department-led CSR training program for 90% staff participation
- Schedule and execute department-wide training sessions
- Develop engaging, comprehensive training materials
- Identify department leaders to oversee the CSR training program
- KRReduce paper usage in the finance department by 30% through digitization
- Implement a digital document management system
- Train staff on digital record-keeping methods
- Replace paper invoices with e-billing systems
- KRAllocate 15% of department fund towards supporting local charity organizations
- Distribute calculated amount among local charities
- Determine total amount of department fund
- Calculate 15% of the total fund
OKRs to overhaul and digitize the current Chemical list
- ObjectiveOverhaul and digitize the current Chemical list
- KRCreate a user-friendly digital manual that instructs on list utilization with less than 3% errors
- Draft simple, user-friendly step-by-step instructions
- Implement a rigorous testing and revision cycle
- Identify key points on list utilization for the manual
- KRIdentify and correct any inaccuracies in the existing Chemical list by 25%
- Review the existing Chemical list for inaccuracies
- Correct the identified inaccuracies up to 25%
- Identify any errors or mismatches in the list
- KRDigitize 50% of the updated Chemical list efficiently and accurately
- Organize the digital database for efficient access
- Scan and upload 50% of the updated Chemical list
- Proofread the digitized data for accuracy
OKRs to ensure compliance and adaptability of Finance department for long-term success
- ObjectiveEnsure compliance and adaptability of Finance department for long-term success
- KRIdentify and prioritize areas for automation and digitization within the Finance department
- KRImplement updated financial policies and procedures to meet regulatory requirements
- Revise and update financial policies and procedures to align with regulatory standards
- Conduct a comprehensive review of existing financial policies and procedures
- Identify gaps between existing policies and regulatory requirements
- Communicate and train employees on the updated financial policies and procedures
- KRTrain all Finance department staff on new compliance protocols and best practices
- Schedule a training session for all Finance department staff
- Conduct role-playing exercises to practice implementing the best practices
- Assess the knowledge and understanding of staff through a post-training evaluation
- Develop training materials and resources for the new compliance protocols
- KRDevelop a roadmap for integrating emerging technologies to future-proof Finance operations
How to write your own Digitization 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 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.
Digitization 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.
How to track your Digitization OKRs
The rules of OKRs are simple. Quarterly OKRs should be tracked weekly, and yearly OKRs should be tracked monthly. 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 a proper OKR platform to make things easier.
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 Digitization OKR templates
We have more templates to help you draft your team goals and OKRs.
OKRs to attain proficient conversational skills in French using the OKRs framework OKRs to ensure timely completion of all designated projects OKRs to implement automation in data analysis and visualization OKRs to enhance Quality Assurance automation capacity OKRs to establish process improvement to reduce audit adjustments entries OKRs to enhance customer advocacy throughout our service processes