3 customisable OKR examples for It Asset Management
What are It Asset Management 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 It Asset Management 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 our OKR guide online.
Building your own It Asset Management 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 It Asset Management OKRs examples
You'll find below a list of Objectives and Key Results templates for It Asset Management. 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 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
3. 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
It Asset Management 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.
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 turn your It Asset Management OKRs in a strategy map
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
We recommend using a spreadsheet for your first OKRs cycle. You'll need to get familiar with the scoring and tracking first. Then, you can scale your OKRs process by using a proper OKR-tracking tool for it.
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 It Asset Management OKR templates
We have more templates to help you draft your team goals and OKRs.
OKRs to implement effective cloud cost management and budget alignment strategies OKRs to establish an efficient 30-day onboarding program for new hires OKRs to enhance soft skill proficiency for effective project documentation OKRs to increase revenue through add-ons and seamless integrations OKRs to enhance proficiency in DevOps with AWS OKRs to enhance children's speaking skills focusing on pronunciation, diction and intonation
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.