2 Asset Management Specialist OKR examples with initiatives

What are Asset Management Specialist 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.

How you write your OKRs can make a huge difference on the impact that your team will have at the end of the quarter. But, it's not always easy to write a quarterly plan that focuses on outcomes instead of projects.

That's why we have created a list of OKRs examples for Asset Management Specialist to help. You can use any of the templates below as a starting point to write your own goals.

If you want to learn more about the framework, you can read our OKR guide online.

How to write your own Asset Management Specialist OKRs

Option 1. Turn ideas into OKRs with Tability AI

While we have some examples available, it's likely that you'll have specific scenarios that aren't covered here.

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's Strategy Map makes it easy to see all your org's OKRs

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.

Asset Management Specialist OKRs examples

We've added many examples of Asset Management Specialist Objectives and Key Results, but we did not stop there. Understanding the difference between OKRs and projects is important, so we also added examples of strategic initiatives that relate to the OKRs.

Hope you'll find this helpful!

OKRs to enhance efficiency and uniformity in IT asset management processes

ObjectiveEnhance efficiency and uniformity in IT asset management processes
KRIncrease process automation to decrease manual intervention by 35%
Implement appropriate automation software to streamline processes
Identify repetitive tasks that are suitable for automation
Train staff on new automation tools for transitional efficiency
KRReduce process variability by achieving 90% adherence to structured workflows
Monitor and measure workflow adherence regularly
Identify the key steps in your current workflows
Provide training on structured workflows to staff
KRTrain 100% of the Asset Management team on new standardized process protocols
Develop comprehensive training material on new process protocols
Validate training effectiveness through assessments
Schedule and conduct training sessions for the team

Use template

OKRs to ensure all company devices are asset tagged

ObjectiveEnsure all company devices are asset tagged
KRSuccessfully tag and update database with 100% of company devices by week 12
Apply tags and update the database by week 12
Develop an efficient and uniform tagging system by week 10
Compile a complete list of all company devices by week 8
KRProcure quality asset tags for 100% of identified devices by week 8
Identify and tally all devices that need asset tags
Research and select high-quality asset tags
Purchase and assign asset tags to each device
KRIdentify and categorize all company-owned devices by end of week 4
Compile a list of all company-owned devices
Verify and finalize list by end of week 4
Categorize devices based on type and function

asset-management database-updating inventory-manager asset-management-specialist procurement-team inventory-management-team

Use template

Asset Management Specialist 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 Asset Management Specialist 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.

More Asset Management Specialist OKR templates

We have more templates to help you draft your team goals and OKRs.

2 OKR examples for Asset Management Specialist