Sure. I can give an example. It should have been evident to KA and DG that Bryson and Olofsson were not core players, and have a net negative effect on winning. They should have traded either directly or in a package, both of those players anytime between last offseason and this trade deadline.
However, they kept playing them, to the detriment of the team, trying to get more out of them either in trade or on the ice. They got neither, and by the trade deadline, spent assets on Greenway and Stillman that pushed them both off the ice. So we held onto them until they had no value, and now, by not playing them when it counts, you are ensuring they have minimum value this offseason. Getting ahead of this cycle and trading players that are not long term core, and don't really fit your needs, is good asset management. Whatever assets that could have been gotten for them could have been applied to acquiring a player that better matched team needs. Thats good asset management.
What they did was the opposite. Bad asset management.