May 24, 2021

OKR Examples for Operations that Improve Business Efficiency

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OKR Examples for Operations that Improve Business Efficiency

Objectives and Key Results (OKRs) serve as a simple yet effective tool that directly links employees’ goals to organizational vision and purpose. Most companies struggle to attain desired results when implementing OKRs for the Operations department. As a result, employees working in this vertical fail to align with the company’s top-level goals, resulting in a lack of motivation and poor performance. So, it becomes essential to set effective OKRs be it monthly, quarterly, or annually, to achieve time-bound and measurable outcomes for the operations vertical. Writing the best OKR examples for Operations teams enables organizations to focus on streamlining business processes, accelerate business growth, and promote success.

Organizations adopt the robust OKR methodology to plan the right action so that employees remain focused and energized. Like any other business vertical, the Operations team needs to ensure that OKRs build the right focus around the most critical goals that boost performance and measure success. Some of the significant OKR examples for the Operations department that can help improve business productivity and raise all odds are as follows-

Objective 1- Streamline day-to-day operations

Key Result 1- Achieve timelines for 90% ongoing projects

Key Result 2- Get 100% positive client feedback

Key Result 3- Improve product delivery & quality by 60%

For the above organizational goal to streamline business operations, the Ops team would need to define measurable key results that unlock success and productivity. To attain improved business outcomes, the team would need to focus and align with the leadership goals to achieve timelines on 90% of ongoing projects. Also, it would be important to get 100% feedback from the clients to improve retention and sales revenues. Another key result would bring everyone on the same page by improving product quality by 60%.

Also read: Improving Operational Excellence with Implementation of OKR Framework

Objective 2- Adopt the latest technology to boost efficiency of all processes

Key Result 1- Launch new business tools by the end of Q3

Key Result 2- Deliver adequate training on new tools and technology by Q2

Key Result 3- Increase business productivity by 65% by the end of Q4

The goal here is to improve the efficiency of all business processes by adopting the latest tools and technologies. So, to achieve this objective, the Operations vertical would need to strategize on the successful launch of new tools in the second quarter, followed by adequate training on the utility of those tools in the third quarter. The third key result focuses on increasing business productivity by 65%, thus leading to higher business impact and increased revenues.

Also read: 5 Mantras to Unlock Success using the OKR Framework

In the current scenario, what is important for any business, department, or individual is focusing on goals ‘top of the mind’ and adopt an agile strategy to drive improved business outcomes. A few events may push organizations to change their strategy, but what matters is to link inspiring objectives with the desired business outcomes by utilizing a robust OKR framework.

It may not be enough that employees accomplish their goals by the end of a quarter or year. What is also important is that employees contribute towards the company’s achievements without wasting time and effort on less important goals. Try Unlock:OKR, a simple yet powerful goal-setting framework that can help you achieve goals for any department- be it Operations, HR, Sales, or others. To know more about the features of the simple OKR tool, you can Book a Demo.