2 Asset Tagging OKR examples with initiatives

Write perfect OKRs with Tability AI – try it free with 5k credits

Use Tability to generate OKRs and initiatives in seconds.

What are Asset Tagging 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 Tagging 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.

Asset Tagging OKRs examples

You'll find below a list of Objectives and Key Results templates for Asset Tagging. 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 streamline hardware inventory and implement asset tagging system

ObjectiveStreamline hardware inventory and implement asset tagging system
KRCatalogue 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
KRDevelop 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
KRApply 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

Use template

OKRs to improve effectiveness in asset tagging across all devices

ObjectiveImprove effectiveness in asset tagging across all devices
KRIncrease 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
KREliminate 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
KRTrain 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

asset-tagging inventory-management inventory-manager asset-management-officer inventory-team asset-management-team

Use template

How to write your own Asset Tagging OKRs

1. Get tailored OKRs with an AI

You'll find some examples below, but it's likely that you have very specific needs that won't be covered.

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 Tagging 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

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 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.

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 Tagging OKRs

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

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 Tagging OKR templates

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

2 OKR examples for Asset Tagging