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Asset Management

Asset Management is the ability to effectively steward a company's financial resources, specifically physical and intangible assets. It is crucial in maintaining fiscal viability and driving growth, focusing on maximizing returns and minimizing risk. Demonstrated by sharp analysis, prudent decision making, and a comprehensive understanding of market trends, it directly influences financial stability and profitability.

Level 1: Emerging

At a foundational level you are learning to recognize different types of company assets and understand their role in financial records. You accurately keep basic asset data and follow established procedures for tracking and reporting. By doing so, you help maintain reliable asset information for sound financial decision making.

Level 2: Proficient

At a developing level you are starting to take responsibility for tracking and maintaining company assets within set processes. You learn from more experienced colleagues to support accurate records and help identify risks or opportunities for improvement. Your work supports reliable financial data and contributes to sound asset management decisions.

Level 3: Advanced

At a proficient level you are confidently managing company assets by tracking their value, identifying potential risks, and making informed recommendations for optimal use. You apply financial and market data to support decision-making and improve asset performance. Your actions help strengthen the company’s financial position and support steady, sustainable growth.

Where is this capability used?