With ever growing competition in the global market, it has become critical for organisations to manage and utilise scarce resources more efficiently and smartly. Any improvement in resource utilisation adds directly to the bottom line of the organisation and provides required competitive edge ... Views: 768
Improving employee usage and productivity can significantly add to the profitability of the organisation and provide competitive edge against its competitors. One of the effective ways to achieve this improvement is to assign right type of work to the right person at the right time across the ... Views: 779
People are indeed the greatest assets to an organisation; they are the foundation, but also one of the largest expenses. Thus it is critical that an organisation ensures that these human assets are properly utilised before going ahead and hiring new staff. However, when you have hundreds of ... Views: 3319
To improve overall profitability of the organisation, it is critical to achieve more out of fewer resources as resources are major cost to the organisation. In other words it is important to maximise the utilisation of your existing resources. This becomes further crucial in case of human ... Views: 815
If you spend a lot of time speaking to resource and project managers, you will notice that they often complain about how much of their time is taken up finding available staff and booking them. They will spend time going back and forth, through their excel sheets, and liaising with other ... Views: 672
Human resources are the largest expenditures consulting companies have to make; hence it is important that they use them efficiently and get best value out of them. However, the larger and more diverse the company, often the more difficult and less effective this exercise will become. This issue ... Views: 793
Traditionally management theory has suggested that to increase the efficiency of our companies we need a division of labour. An organisation would be able to increase efficiency and therefore lower prices and gain competitiveness is in the market. Furthermore, that work needed to be divided ... Views: 692
Traditionally businesses have always considered how to maximise shareholder value, and maximise their bottom line – their profit. However business in the 21st century has begun to evolve, with company’s looking at maximising stakeholder value, not just shareholder value. Businesses have begun to ... Views: 1106
Have you ever noticed that majority of the IT resources in your company are underutilized? Quite obviously, if you check back on them you will notice that most of the time and money is ineffectively spent on various departments of the organization. When you receive bulk software projects from ... Views: 822
Ever wondered how much time is being spent in resource scheduling for your consultancy? You will be amazed to find out that most of the time and energy is spent in managing your human resource pool. Ask your resource manager and you will realize that this kind of planning is not an easy task and ... Views: 845
You may have a large pool of accountants and auditors in your consultancy but how many of them are utilized properly? If you measure everybody's role and their contribution towards the organization, then you will probably realize that most of them are underutilized. A huge part of the company’s ... Views: 678
For any organization resources are the vital variable. You can save tremendously if you can maximize the human resource and this is true for any organization. You will be amazed to know that it takes remarkable amount of time and energy to manage the human resource which is why, it is best to ... Views: 744
When a part of a firm that employs more than 300 resources, who are spread out in Sydney, New York, London, Mumbai and Hong Kong, you know that it will be more than difficult to minimise your resourcing costs while maintaining high levels of efficiency. For example, you are a project manager ... Views: 896
An employee being usually a company’s largest overhead; they play a huge role in determining overall company profitability. So any improvement in employee productivity adds directly to the bottom line of the organisation. It requires dedicated employee scheduling software, which is specially ... Views: 1101
With pressures on the rise in the public sector, maintaining efficiency is more challenging than ever. Budgetary limitations, resource management issues and poor communication are among the main culprits in creating problems. The question is: how can resources be managed efficiently while ... Views: 783
With the gradual passage of time, many small businesses turn out to be more expanded ventures. With higher conversions and more profits, greater responsibility and challenges are also the part of the parcel. It is easy enough to understand that as any organisation grows, it faces more and more ... Views: 789
IT Teams and companies are often faced with similar resource management challenges whether they are sitting in San Francisco or Bangalore, so why do they struggle to effectively address it?
Let’s first identify the challenges and then explore how they can address it and why they struggle to ... Views: 689
Do you have a global business where your employees are located or constantly moving from one part of the world to another? How do you manage them, track their work and their productivity?
Regardless of whether a company’s staffs are global or local, a company needs to know where they are, ... Views: 1026
Is Matrix Management a complicated word? Or is matrix management a simple word in a complicated world?
Matrix management has been created to simplify management in the companies of the 21st century. Despite many businesses implementing such management, its true benefits are only realised when ... Views: 754
It is complicated dealing with large numbers of human resources and coordinating them across different locations, especially when they’re moving around. It remains complicated even if you have spreadsheets and tables to support you. What’s the alternative? Ideally when coordinating large numbers ... Views: 675
Perspective 1: You’re a senior manager: you want to be able to delegate work at a high level, know who is working on what, and most importantly, make sure that your employees are working hard with top levels of productivity. Especially when you work long days, the most frustrating thing is a ... Views: 838
Reporting is an important part of a business’s operations, as it aids decision making, the minimising of costs, maximising of revenue, having an overall understanding of the business and for external reporting and accountability. When you are a resource manager, producing reports is an ... Views: 907
Most companies want to maximise their profit. They will often consider cutting staff, working staff harder, entering a new market, increasing advertising, amongst other things. However, companies often forget the importance of effective resource scheduling, because staff are usually the largest ... Views: 798
I remember the days where I would be at work one afternoon, up to my neck in work and I would get a phone call. On the other line would be my boss telling me that the senior management was holding a meeting in a few hours about how they can cut company costs, and wanted me to be there to give ... Views: 688
How can an employee create risk? How can you reduce that risk?
A risk is the potential that a chosen action or activity will lead to a loss or an undesirable outcome, which in the case of a business can be financial risk, project risk and reputational risk. Therefore by choosing and trusting ... Views: 711
Software solutions have a tendency to promote how useful they are and highlight all their benefits; however one never knows the challenges they will face from their new software. One common problem many companies face is, despite all that is promised, the design of a lot of software suits only a ... Views: 735
Over the last two decades the mining sector has become a crucial industry for the growing world economy. With mining extraction companies viewed as the core players of this industry, mining consultancy groups and field servicing groups have also expanded considerably, providing immeasurable ... Views: 909
Many accounting and auditing firms seek to maximise revenue through venturing into new investments, hiring new resources and adapting to the latest technology. While these methods can increase your revenue, they increase the company’s expense sheet as well. However a more cost effective method ... Views: 689
Resource and project managers spend a great deal of time in communicating the need and availability of engineers suitable for their project work. Days will be wasted moving back and forth with resource managers searching through existing excel sheets and interacting with other managers and ... Views: 718
Imagine you are the IT resource coordinator of a multinational corporation. You need to find the right set of resources for a critical project, which under any circumstance has to be delivered on time. More than 60 IT related projects are conducted at any given time and nearly 800 employees are ... Views: 705
With a boom in world demand for mining resources, mining extraction companies are growing larger and larger while watching the profits flow in. As mining extraction companies are seen as the main players within the mining sector, the mining consultancy industry has resultantly seen huge ... Views: 833
In the wake of the global financial crisis, one of the big reminders has been that we need honest and transparent information. Businesses need to become transparent with their shareholders, employees and stakeholders at large about what is happening in their business, and what the true costs and ... Views: 884
Imagine – you are stressed out, your clothes are lying around your house, the dishes are dirty and you can’t find your spectacles. It is frustrating to have everything in a mess, making it hard to get things done, but the fact that your key instrument – your spectacles – are absent, means that ... Views: 726
Are you interested in Profitability? Productivity? Performance? Well guess what, all three of them depend on your resources. The quality of your resources impact your company’s performance; their allocation and management impacts productivity; and considering resources are usually a company’s ... Views: 773