9 customisable OKR examples for Asset Manager
What are Asset Manager 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 Manager 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.
Building your own Asset Manager OKRs with AI
While we have some examples available, it's likely that you'll have specific scenarios that aren't covered here. You can use our free AI generator below or our more complete goal-setting system to generate your own OKRs.
Our customisable Asset Manager OKRs examples
You'll find below a list of Objectives and Key Results templates for Asset Manager. 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!
1. OKRs to enhance efficiency and uniformity in IT asset management processes
Enhance efficiency and uniformity in IT asset management processes
Increase 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
Reduce 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
Train 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
2. OKRs to improve effectiveness in asset tagging across all devices
Improve effectiveness in asset tagging across all devices
Increase inventory accuracy by 20% through efficient asset tagging
Conduct regular inventory audits for accuracy checks
Implement barcode system for real-time tracking of inventory
Train staff on proper asset tagging procedures
Eliminate 15% of asset misplacements through implementing effective tagging technology
Research and select advanced tagging technology
Evaluate current asset management and identify loopholes
Implement chosen tagging technology across all assets
Train 90% of team members on latest asset tagging techniques by end of quarter
Monitor and document training participation and completion rates
Identify suitable training resources on latest asset tagging techniques
Schedule mandatory training sessions for team members
3. OKRs to ensure all company devices are asset tagged
Ensure all company devices are asset tagged
Successfully 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
Procure 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
Identify 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
4. OKRs to streamline hardware inventory and implement asset tagging system
Streamline hardware inventory and implement asset tagging system
Catalogue and organize 100% of the current hardware inventory
Systematize hardware details using an inventory management system
List all existing hardware assets in inventory
Categorize hardware based on type or function
Develop a functional asset tagging system for owned devices
Implement asset tags on each owned device
Identify all owned devices for cataloguing and tracking
Create a unique identification system for asset tags
Apply asset tags to 100% of owned devices successfully
Designate an individual to oversee the tagging process
Purchase durable, high-quality asset tags for all owned devices
Conduct an audit to ensure that all devices are tagged
5. OKRs to successfully launch the asset managers unit trust business
Successfully launch the asset managers unit trust business
Onboard 3 seasoned unit trust portfolio managers by Week 12
Schedule interview and assessment process by Week 8
Identify suitable candidates for unit trust portfolio manager role
Complete hiring and orientation by Week 12
Acquire initial capital commitments from 5 strategic partners by Week 9
Identify potential strategic partners for initial capital commitments
Schedule and conduct pitch meetings before Week 9
Develop a compelling pitch targeting these strategic partners
Develop comprehensive, SEC-compliant business plan for unit trust operation by Week 6
6. OKRs to boost asset growth from new and existing customers
Boost asset growth from new and existing customers
Increase new customer along with asset acquisition by 30%
Streamline onboarding process to increase customer retention
Implement targeted marketing campaigns to attract new customers
Promote special offers and incentives for large asset acquisition
Reduce asset churn rate to less than 5%
Enhance customer engagement to foster loyalty
Implement strategies to improve asset longevity
Identify key causes for high asset churn rate
Improve existing customer assets growth by 40%
Enhance brand loyalty program to encourage more purchases
Improve customer service and relationship management
Implement cross-selling strategies to promote additional products
7. OKRs to develop an extensive asset library for product and merchandise designs
Develop an extensive asset library for product and merchandise designs
Create 50 inventive and digitally-rendered merchandise design templates
Sketch these designs into draft templates
Brainstorm 50 unique ideas for digital merchandise designs
Digitally render final drafts using graphic design software
Obtain and digitize 200 unique high-quality product images for the asset library
Source high-quality images of the listed products
Digitize and upload images to asset library
Identify and compile list of 200 unique products for digitization
Organize and categorize all images and designs efficiently in the asset library
Create categories based on content, style, or project
Input items into the asset library under respective categories
Gather all digital and physical images and designs
8. OKRs to ensure effective management of EUC assets
Ensure effective management of EUC assets
Achieve 100% completion of EUC asset inventory verification
Update and finalize inventory records accordingly
Verify physical presence and condition of all assets
Compile a comprehensive list of all EUC assets
Reduce EUC asset malfunction reports by 30%
Implement regular preventive maintenance sessions for all EUC assets
Enhance training for EUC equipment operators on troubleshooting
Seek professional assessment of repetitively faulty EUC assets
Attain 95% user satisfaction rate on EUC asset performance
Implement regular maintenance schedule for EUC assets
Enhance EUC asset performance based on feedback
Conduct customer feedback surveys on EUC performance
9. OKRs to simplify API architecture and retire outdated assets
Simplify API architecture and retire outdated assets
Merge 6 old APIs into 2 new APIs with full functionality and compatibility
Decommission old assets and ensure all endpoints are no longer utilized or maintained
Notify relevant stakeholders regarding the decommissioning plan and timeline
Execute the proper disposal or repurposing of the decommissioned assets
Conduct a final audit to confirm that all endpoints are no longer in use
Identify and inventory all old assets within the organization
Reduce system response time by 20% and improve overall API performance
Successfully migrate all existing data and functionalities without any loss or interruptions
Continuously monitor and test migrated data and functionalities for any potential issues
Develop a comprehensive migration plan detailing step-by-step procedures and timelines
Execute data migration process meticulously, ensuring accuracy and completeness
Conduct a thorough analysis to identify all existing data and functionalities
Asset Manager OKR best practices to boost success
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.
![Tability Insights Dashboard](https://tability-templates-v2.vercel.app/_next/static/media/tability-insights-board.e70f9466.png)
Tip #2: Commit to weekly OKR 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.
![Tability Insights Dashboard](https://tability-templates-v2.vercel.app/_next/static/media/checkins-graph.b2aec458.png)
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 turn your Asset Manager OKRs in a strategy map
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.
![A strategy map in Tability](https://tability-templates-v2.vercel.app/_next/static/media/tability_strategy_map.2ad25843.png)
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 Manager OKR templates
We have more templates to help you draft your team goals and OKRs.
OKRs to successfully sunset Rapid7 platform
OKRs to certify in development using JTA, Blueprint, Item writing & peer reviews
OKRs to reinforce innovation within the finance department operations
OKRs to enhance testing effectiveness
OKRs to amplify employee satisfaction and overall wellbeing
OKRs to enhance overall client satisfaction and relationship
OKRs resources
Here are a list of resources to help you adopt the Objectives and Key Results framework.
- To learn: What is the meaning of OKRs
- Blog posts: ODT Blog
- Success metrics: KPIs examples
What's next? Try Tability's goal-setting AI
You can create an iterate on your OKRs using Tability's unique goal-setting AI.
Watch the demo below, then hop on the platform for a free trial.