2 OKR examples for Progress Tracking
What are Progress Tracking 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.
Creating impactful OKRs can be a daunting task, especially for newcomers. Shifting your focus from projects to outcomes is key to successful planning.
We've tailored a list of OKRs examples for Progress Tracking 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 more about the OKR meaning online.
Best practices for managing your Progress Tracking OKRs
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 the weekly 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 below). 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.
Building your own Progress Tracking OKRs with AI
While we have some examples below, it's likely that you'll have specific scenarios that aren't covered here. There are 2 options available to you.
- Use our free OKRs generator
- Use Tability, a complete platform to set and track OKRs and initiatives
- including a GPT-4 powered goal generator
Best way to track your Progress Tracking 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
Most teams should start with a spreadsheet if they're using OKRs for the first time. Then, once you get comfortable you can graduate to a proper OKRs-tracking tool.
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.
Progress Tracking OKRs templates
We've covered most of the things that you need to know about setting good OKRs and tracking them effectively. It's now time to give you a series of templates that you can use for inspiration!
You'll find below a list of Objectives and Key Results templates for Progress Tracking. 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 improve QA progress tracking across all projects
- Improve QA progress tracking across all projects
- Implement a standardized QA progress tracking system across all projects
- Train all project teams on how to use the new tracking system
- Roll out the standardized QA progress tracking system across all projects
- Regularly monitor and update the tracking system to ensure accuracy and effectiveness
- Develop a comprehensive QA progress tracking template
- Increase the percentage of completed QA tasks by 15% compared to the previous quarter
- Regularly communicate progress and expectations to the QA team for accountability
- Implement a standardized QA checklist to ensure completeness and accuracy
- Implement a peer review process to catch any missed QA tasks
- Provide additional training and resources to enhance QA team's skills
- Conduct weekly meetings to review and update QA progress and address any bottlenecks
- Identify and resolve bottlenecks in the QA process during each weekly meeting
- Schedule weekly QA progress meetings to review and update project status
- Document meeting discussions and actions taken to keep track of progress
- Assign action items to team members for addressing any identified bottlenecks
- Reduce the average time taken to complete QA tasks by 10%
OKRs to support CEO in executing strategic initiatives and tracking progress
- Enhance CEO's support for executing the company's strategic initiatives
- Conduct regular progress reports and adjust strategies accordingly
- Collaborate with CEO to ensure high-quality strategic execution
- Improve CEO's communication with cross-functional teams
- Develop a tracking system for CEO's strategic initiatives
More Progress Tracking OKR templates
We have more templates to help you draft your team goals and OKRs.
OKRs to improve project management OKRs to reduce the cost of integrating data sources OKRs to bolster customer loyalty and retention OKRs to develop strong investor relations strategy OKRs to enhance proficiency as a Partnership Manager OKRs to enhance communication and foster collaboration within the team
OKRs resources
Here are a list of resources to help you adopt the Objectives and Key Results framework.
- To learn: Complete 2024 OKR cheat sheet
- Blog posts: ODT Blog
- Success metrics: KPIs examples