StrategyDriven’s Resource Management forum provides materials focused on the leading practices of companies effectively managing their personnel, intellectual property, equipment, facility, and other assets in support of strategic planning and tactical business execution.

Resource Management Warning Flag 2 – Parkinson’s Law

StrategyDriven Resource Management Warning Flag“Work expands so as to fill the time available for its completion.”

Parkinson’s Law
Wikipedia

There exists a tendency among workers to use all of the time allotted to perform a task even if the work can be done in a shorter period of time. Some organizations, through high accountability and managerial engagement, minimize the amount of lost time caused by unnecessary work expansion. In other organizations, however, a lack of managerial oversight and reinforcement of high performance standards allows the Thieves of Time to rob the organization of precious productivity.


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Additional Information

The following StrategyDriven recommended best practices are designed to promote high, performance-based activity time estimates:

Additional Resources

StrategyDriven Contributors recommend the following resource as a guide to the common methods used to estimate resource needs for an activity or project:

A Guide to the Project Management Body of Knowledge, Third Edition
by the Project Management Institute


About the Author

Nathan Ives, StrategyDriven Principal is a StrategyDriven Principal and Host of the StrategyDriven Podcast. For over twenty years, he has served as trusted advisor to executives and managers at dozens of Fortune 500 and smaller companies in the areas of management effectiveness, organizational development, and process improvement. To read Nathan’s complete biography, click here.

Resource Management Warning Flag 1 – Frequent, Inaccurate Resource Needs Estimation

StrategyDriven Resource Management Warning FlagAll organizations face the dilemma of limited resources. Some organizations, through the use of deliberate work prioritization and sound resource needs estimation, ensure their resources are appropriately allocated to maximize the organization’s overall value. In other organizations, however, there exists an adversarial relationship between seniors and subordinates that results in inaccurate resource estimation and subsequently diminishes the overall value the organization is capable of producing.


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Additional Resources

StrategyDriven Contributors recommend the following resource as a guide to the common methods used to estimate resource needs for an activity or project:

A Guide to the Project Management Body of Knowledge, Third Edition
by the Project Management Institute


About the Author

Nathan Ives, StrategyDriven Principal is a StrategyDriven Principal and Host of the StrategyDriven Podcast. For over twenty years, he has served as trusted advisor to executives and managers at dozens of Fortune 500 and smaller companies in the areas of management effectiveness, organizational development, and process improvement. To read Nathan’s complete biography, click here.

Resource Management Best Practice 2 – Categorical Activity Prioritization

StrategyDriven Resource Management ArticleAn organization’s mission defines its purpose for being. Making the mission measurable and then prioritizing those measures helps create a sense of where the organization should focus its efforts. However, prioritization at this level does not create the clarity needed for individuals making resource allocation choices between their day-to-day activities, especially if the activities all serve the same mission measure.


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About the Author

Nathan Ives, StrategyDriven Principal is a StrategyDriven Principal and Host of the StrategyDriven Podcast. For over twenty years, he has served as trusted advisor to executives and managers at dozens of Fortune 500 and smaller companies in the areas of management effectiveness, organizational development, and process improvement. To read Nathan’s complete biography, click here.

Resource Management Best Practice 1 – Attract the Best with Accountability

StrategyDriven Resource Management ArticleIn today’s competitive environment, it is no longer good enough to offer employees a good place to work. Rather, it is imperative a company creates a work environment where the best want to work. Only when such an environment exists will a company attract and retain the most knowledgeable, skilled, and accomplished employees; who in-turn will effectively execute its activities and make it a viable competitor in an increasingly aggressive marketplace.


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Additional Resources

StrategyDriven contributors recommend the following resource that elaborate or compliment the Attract the Best with Accountability best practice:

Good to Great: Why Some Companies Make the Leap… and Others Don’t
by Jim Collins


About the Author

Nathan Ives, StrategyDriven Principal is a StrategyDriven Principal and Host of the StrategyDriven Podcast. For over twenty years, he has served as trusted advisor to executives and managers at dozens of Fortune 500 and smaller companies in the areas of management effectiveness, organizational development, and process improvement. To read Nathan’s complete biography, click here.