2. EXPECTATIONS
THIS STUDY WOULD LIKE TO BENCHMARK HOW TO MANAGE RESOURCES IN THE ORGANIZATION.
SPECIFICALLY THIS STUDY WOULD LIKE TO;
• Define what is Resource Management?
• Determine What are the Organizational Resources and
how is it work in the group? And
• How to manage the Organizational Resources
3. SHORT DISCUSSION
• Organizations are only allowed to survive so long as their
managers and employees are able to keep the organization
up to date and in line with consumer needs. Organizations
form an essential group to any society. There is inherent
power in the grouping of people together who are focused
on a common goal or product. These powers are not limited
to economic resource, but also to influence and cultural
values.
4. SHORT DISCUSSION
• “According to Drucker, the objective of any organization is
to positively change the lives of those with whom it has
direct contact. This encompasses employees, customers,
suppliers and the community in which it operates.
Management is not a science, art, program or gimmick; it
is a practice based on a fundamental belief.”
5. WHAT IS RESOURCE MANAGEMENT?
• In organizational studies, resource management is the
efficient and effective development of an organization's
resources when they are needed. Such resources may
include financial resources, inventory, human skills,
production resources, or information technology (IT).
6. WHAT IS RESOURCE MANAGEMENT?
• Resource management is a key element to activity resource
estimating and project human resource management. Both
are essential components of a comprehensive project
management plan to execute and monitor a project
successfully.
7. RESOURCE MANAGEMENT IS THE DEPLOYMENT OF
ORGANIZATIONAL RESOURCES WHEN AND WHERE THEY ARE
NEEDED. RESOURCE MANAGEMENT MAY ALSO REFER TO:
Physical resources
• Environmental resource management, the management of human
societies interacting with the environment.
• Natural resource management, the management of natural
resources.
• Water resource management, managing the use of water
resources.
8. People
• Human resource management, the management process of an organization's workforce.
• Human resource management system, the systems and processes between human resource
and information technology.
• Human resource management in public administration, human resource management as it applies to
public administration.
• Crew resource management, a set of training procedures used primarily for improving air safety.
• Maintenance resource management, an aircraft maintenance variant on crew resource management.
• Single-Pilot Resource Management, an adaptation of Crew Resource Management training to single-
operations.
• Marketing resource management, managing people, process and technology to support marketing
activities and improve marketing effectiveness.
• Cultural resources management, the management of cultural resources, such as the arts and heritage.
9. COMPUTING AND TECHNOLOGY
• Resource management (computing), the management of physical or virtual computer
components.
• Radio resource management, the system level control of radio transmission characteristics
in wireless communication.
• Storage resource management, optimizing the efficiency and speed of a storage area
network.
• Electronic resource management, the practices and systems used by libraries to track
electronic information resources.
• Data resource management, an organizational function in information systems and
computer science that manages data resources.
• Distributed resource management, the management of unattended background program
execution in computing known as a job scheduler.
10. LEGISLATION
• Resource Management Act 1991, a New Zealand law
promoting sustainable management of natural and
physical resources.
• Resource Management System, a system of conservation
practices and management specified in the United States'
2002 Farm Bill.
Other uses
• Resource management (gaming), a mechanic in various
types of games.
11. WHAT IS A RESOURCE MANAGER?
• The role of a resource manager is important throughout
the project planning stage. A resource manager is in
charge of ensuring that the resources required for a
project are obtained, accounted for, and utilized. A
resource manager ensures that each type of resource
needed is identified. The amount of resources needed
must be accounted for, and each resource’s purpose must
be detailed as well.
12. MANAGING RESOURCES IN THE ORGANIZATION
• There are many important elements to running and
managing an organization. No matter what size an
organization is, leaders have many roles to play in
ensuring things run smoothly and that everyone does
their job. Managing your staff effectively can be the key to
success not just of your department, but of the company
as a whole. Fortunately, by following some simple tips on
how to manage an organization, you can learn to lead
and motivate your employees to succeed.
13. MANAGING RESOURCES IN THE ORGANIZATION
In any organization there is the need to utilize available
resources for better performance. The term, management
of organizational resources, refers to proper utilization of
such resources as assets, information, human and financial
resources. Many organizations fail to reach their set targets
due to lack of proper management of these resources. This
article in brief describes how to manage organizational
resources.
14. HOW TO MANAGE ORGANIZATIONAL RESOURCES?
HOW TO MANAGE ORGANIZATIONAL RESOURCES REMAINS ONE OF
THE FUNDAMENTAL ORGANIZATIONAL MANAGEMENT QUESTIONS.
IS ABOUT THE MANAGEMENT OF THREE MAIN RESOURCES:
Human Resources – Human resource is a key resource in any organization. As
such, the motivation of the employees in an organization is essential in improving
productivity and attitude. Employee motivation can be achieved by giving good
remuneration, medical allowances and bonuses. It is fundamentally established that
employees embrace a company that caters for their well being as people. Mutual
and cordial relationship between the employer and the employee translates into
better performance. Further, proper planning in an organization greatly contributes
to productivity of the human resource. Planning ensures that the staff are not
overwhelmed with tight schedules and assigned duties. Therefore, investment in a
policy framework that outlines a working plan for the employees would ease their
frustrations.
15. HOW TO MANAGE ORGANIZATIONAL RESOURCES REMAINS ONE OF THE
FUNDAMENTAL ORGANIZATIONAL MANAGEMENT QUESTIONS. IT IS ABOUT THE
MANAGEMENT OF THREE MAIN RESOURCES:
• Time Resources – Time and human resources can be argued to be
the most crucial resources in contemporary time. Time is an infinite
resource. If not properly managed in an organization, it can have a
negative impact on both employers and employee’s productivity.
Organizations should ensure that workers are well equipped to
manage time in their duties.Some of the ways time can be managed
in an organization include but not limited to ensuring that there is a
routine measure of time by workers and having a master calendar.
The culture of an organization can also have a major impact on the
time productivity of the employees. Such should be changed by
continued positive culture of managing time.
16. HOW TO MANAGE ORGANIZATIONAL RESOURCES REMAINS ONE OF THE
FUNDAMENTAL ORGANIZATIONAL MANAGEMENT QUESTIONS. IT IS ABOUT THE
MANAGEMENT OF THREE MAIN RESOURCES:
• Financial Resources – An organization can also establish a
proper plan to manage its financial resource. For example,
budgets are established, funding gaps identified and costs
are tracked and documented. With this, the company is
able to assign resources to the resilience activities and the
rest can be invested to improve the organization’s revenue.
17. • Effective management of assets is also another important
component which contributes to organizational
performance. Assets include both physical and intellectual
property that belongs to a particular organization. A
company can maximize output by ensuring that its assets
are properly catered for in terms of servicing and even
patents for its intellectual property.
18. CONCLUSION
• Based on organizational studies The management of
organizational resources is extremely difficult. Managers
face serious and complex challenges when managing the
required resources for the benefit of their organization.
Large organizations usually have a defined corporate
resource management process which mainly guarantees
that resources are never over-allocated across multiple
projects.
19. CONCLUSION
• Peter Drucker wrote of the need to focus resources,
abandoning a less promising initiatives for every new
project taken on, as fragmentation inhibits results. In the
effort to create wealth, managers need to allocate human
resources as purposefully and as thoughtfully as they do
capital. And the outcomes of those decisions ought to be
recorded and studied as carefully.