2 OKR examples for Business Continuity
What are Business Continuity OKRs?
The OKR acronym stands for Objectives and Key Results. It's a goal-setting framework that was introduced at Intel by Andy Grove in the 70s, and it became popular after John Doerr introduced it to Google in the 90s. OKRs helps teams has a shared language to set ambitious goals and track progress towards them.
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 Continuity 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 Business Continuity 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 Business Continuity 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 Business Continuity OKRs
Your quarterly OKRs should be tracked weekly in order to get all the benefits of the OKRs 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.
Business Continuity 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 Business Continuity. 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 operational self-sufficiency and resiliency within the business
- Strengthen operational self-sufficiency and resiliency within the business
- Implement two new business continuity plans
- Test and refine the proposed business continuity plans
- Develop two separate strategies that address these risks
- Identify potential risks that could disrupt business operations
- Increase emergency fund savings by 25%
- Set up automated monthly transfers to emergency fund
- Analyze current budget and identify unnecessary expenses
- Generate additional income through side jobs
- Train 90% of the team on new operational procedures for better autonomy
- Implement follow-up assessments to ensure competency
- Organize comprehensive training sessions for team members
- Develop simplified documentation of new operational procedures
OKRs to implement disaster recovery plan with RTO under one hour
- Increase disaster recovery efficiency
- Provide training on disaster recovery procedures to all relevant staff
- Evaluate effectiveness of training and adjust as necessary
- Identify key stakeholders for disaster recovery training
- Develop customized training plan and materials
- Schedule and conduct training sessions
- Conduct disaster recovery test bi-monthly
- Conduct test scenario walkthrough with all relevant stakeholders
- Prepare disaster recovery plan documentation
- Analyze results, identify gaps, and update disaster recovery plan accordingly
- Execute disaster recovery test to validate plan and processes
- Reduce RTO to under one hour
- Improve network bandwidth and reliability
- Implement automated backup system
- Test Disaster Recovery Plan regularly
- Increase server redundancy
- Ensure all critical systems are covered in the recovery plan
- Identify all critical systems
- Develop recovery strategies for critical systems
- Determine the impact of system downtime
- Test the recovery plan for critical systems
More Business Continuity OKR templates
We have more templates to help you draft your team goals and OKRs.
OKRs to increase effectiveness of fraud detection systems OKRs to increase SEO by addressing all broken links OKRs to integrate UX testing insights into decision-making OKRs to increase project engagement for delivery excellence OKRs to expand investor network with five strategic VC firms OKRs to improve web and mobile user experience parity
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