Tability is a cheatcode for goal-driven teams. Set perfect OKRs with AI, stay focused on the work that matters.
What are Asset Management System 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 System 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.
The best tools for writing perfect Asset Management System OKRs
Here are 2 tools that can help you draft your OKRs in no time.
Tability AI: to generate OKRs based on a prompt
Tability AI allows you to describe your goals in a prompt, and generate a fully editable OKR template in seconds.
- 1. Create a Tability account
- 2. Click on the Generate goals using AI
- 3. Describe your goals in a prompt
- 4. Get your fully editable OKR template
- 5. Publish to start tracking progress and get automated OKR dashboards
Watch the video below to see it in action 👇
Tability Feedback: to improve existing OKRs
You can use Tability's AI feedback to improve your OKRs if you already have existing goals.
- 1. Create your Tability account
- 2. Add your existing OKRs (you can import them from a spreadsheet)
- 3. Click on Generate analysis
- 4. Review the suggestions and decide to accept or dismiss them
- 5. Publish to start tracking progress and get automated OKR dashboards
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.
Asset Management System OKRs examples
You will find in the next section many different Asset Management System Objectives and Key Results. We've included strategic initiatives in our templates to give you a better idea of the different between the key results (how we measure progress), and the initiatives (what we do to achieve the results).
Hope you'll find this helpful!
OKRs to enhance efficiency of the media asset management system
ObjectiveEnhance efficiency of the media asset management system
KRDecrease average time spent on finding assets by 25% with improved search functionalities
Train staff on efficient asset discovery strategies- Implement advanced search options for more precise filtering
- Offer predictive search suggestions to speed up process
- KRLower system downtime to less than 0.5% by implementing proactive maintenance processes
- Implement a reliable system monitoring tool
- Establish a routine schedule for system maintenance checks
- Train staff on proactive maintenance techniques
- KRIncrease system's responsiveness by 30% through performance tuning and debugging
- Debug and fine-tune systems to increase responsiveness promptly
- Identify current system's performance bottlenecks through rigorous testing
- Develop optimization strategies for code execution and data processing
OKRs to consolidate all media asset management systems
- ObjectiveConsolidate all media asset management systems
- KRIdentify and document key features of current systems by end of week 2
- Review existing systems to identify key features
- Complete documentation by end of week 2
- Compile feature specifications in a comprehensive document
- KRCreate a unified prototype with essential features of all systems by week 6
- Identify essential features from each system by week 2
- Finalize and test prototype by week 6
- Design unified prototype by week 4
- KRImplement the unified system across all departments, achieving 90% employee adoption by week 12
- Roll out staff-wide system training and education workshops
- Monitor weekly adoption rates and address issues
- Train all department heads on the unified system usage
OKRs to implement a comprehensive asset management system
- ObjectiveImplement a comprehensive asset management system
- KRConduct training sessions for 100% staff on using the new asset management system
- Schedule mandatory training sessions for all staff members
- Prepare training materials and guidelines for system usage
- Identify trainers experienced in the new asset management system
- KRSelect and acquire optimal asset management software by evaluating at least five options
- Evaluate each option based on company requirements
- Research and list down five asset management software options
- Choose and purchase the most suitable software
- KRAchieve 90% user adoption rate across all relevant departments within the quarter
- Improve user interface based on feedback received
- Implement interactive training sessions for all relevant department teams
- Launch regular feedback sessions to address user issues
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
OKRs to enhance the operation and sustainability of the Asset Stores Metadata Repository
- ObjectiveEnhance the operation and sustainability of the Asset Stores Metadata Repository
- KRBoost the repository's uptime by 20% to bolster its operational efficiency
- Use proactive monitoring tools for early issue detection
- Introduce redundant systems to handle potential downtimes
- Regularly update and patch repository infrastructure
- KRImplement a robust maintenance routine, decreasing system failures by 10%
- Train staff on proper maintenance procedures
- Monitor and evaluate system performance regularly
- Develop a comprehensive system maintenance checklist
- KRImprove the data recovery mechanism, reducing recovery time by 15%
- Regularly update and maintain recovery software applications
- Implement automated data backup systems for improved efficiency
- Conduct routine checks and simulations of recovery procedures
Asset Management System 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
Having too many OKRs is the #1 mistake that teams make when adopting the framework. The problem with tracking too many competing goals is that it will be hard for your team to know what really matters.
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
Setting good goals can be challenging, but without regular check-ins, your team will struggle to make progress. We recommend that you track your OKRs weekly to get the full benefits from the framework.
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.
Save hours with automated OKR dashboards
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, you can move to Tability to save time with automated OKR dashboards, data connectors, and actionable insights.
How to get Tability dashboards:
- 1. Create a Tability account
- 2. Use the importers to add your OKRs (works with any spreadsheet or doc)
- 3. Publish your OKR plan
That's it! Tability will instantly get access to 10+ dashboards to monitor progress, visualise trends, and identify risks early.
More Asset Management System OKR templates
We have more templates to help you draft your team goals and OKRs.
- OKRs to boost the volume of organic traffic to our website
- OKRs to enhance IT operations and service delivery
- OKRs to successfully scale up metering points for improved efficiency
- OKRs to enhance team efficiency while maintaining work quality
- OKRs to boost revenue by enhancing account management strategies
- OKRs to successfully complete my college lab class within initial nine weeks