Asset Map
An asset map is a visual guide that shows all the resources, tools, or key elements a business has and how they connect. It helps teams see what’s available, where gaps might be, and how different parts of a system or service work together. Businesses use asset maps to organize their resources and make better decisions.
Why it’s important for your business
An asset map gives a clear picture of what you already have, so you don’t waste time or money on unnecessary tools or processes. It helps teams stay organized, avoid duplication, and find opportunities to improve. Whether it's mapping out technology, partnerships, or customer touchpoints, knowing your assets leads to better planning and efficiency.
Examples
1. E-commerce: An online store creates an asset map of its supply chain, showing warehouses, shipping partners, and inventory systems to identify bottlenecks in delivery.
2. Finance: A bank maps out all its customer support tools (chatbots, call centers, FAQs) to see where they can improve response times.
3. Health: A hospital builds an asset map of its medical equipment, staff expertise, and digital records to streamline patient care and resource allocation.
An asset map helps businesses stay organized, make smarter choices, and ensure everything runs smoothly.