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Resource planning Management
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Process of Resources Allocation
Define the mission : In the first stage of resources allocation process, the organizational
mission should be defined. The mission statement defines the business in terms of products
and customers. It is used to determine how well current initiatives are aligned with the goals
of the organizations.
Assess the current inventory of Resources : In the second stage of resources allocation
process, the current inventory of the resources should be assessed. The resources possessed
by an organization would be human resource, financial resource, intellectual resource and
information resource.
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Continue…
Assess and acquire the required resources : Once the mission and current inventory of
the resources are clear, the next stage of resources allocation process is to determine the
required resources requirements, they should be acquired.
Allocate the resources : Once the required resources are acquired, they should be allocated
to different businesses, units and activities which critically underpins the strategic capability
of the organization. Budgeting is a widely adopted technique of resources allocation.
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Management system for strategy
implementation
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Human Resource (HR) System
People are the heart of strategy implementation. The unique competencies of people are the
key strategic factors enabling the success of strategies.
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Leadership
Leadership is guiding and influencing people. It establishes direction, manager change and
builds a team. It makes decisions, it is essential to drive strategy implementation forward.
Effective leads carry out the following tasks to strategy into actions.
a) Bench making.
b) Performance based records.
c) Supportive Environment.
d) Open communication.
e) Environment adaptation.
f) Team Building.
g) Conflict management.
h) Leading.
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Action Planning
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Decision Making System
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Adoption of Total Quality Management
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Information Management
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THANKYOU
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