This file comprises of information related to learning how to plan and manage certain resources required in any working field. It is about attaining possible best resources for having a good outcome as well as pick up the project for mental health support housing.
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PLANNING & MANAGING RESOURCES
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Executive summary This file comprises of information related to learning how to plan and manage certain resources required in any working field. It is about attaining possible best resources for having a good outcome as well as pick up the project for mental health support housing. the procedures search places could be properly functioning and funding resources. As per budget created a resource planning strategy shall be created for further access to better resources and making a difference in certain people's life style. Factors which can actually effect up the funds and resources which could be related to any grammatical or political changes are discussed below as well as, adverse effects of such resources can also have a keen importance in availing them. certain things are to be held responsible and accountable for which shall be used for the appropriate usage of all resources to creating supply and demand as well as certain challenges related to funding. Introduction Learning resources is a very specific journal in any project management which is related to gathering several necessary resources required to properly deliver any project. This bifurcates task for each person in organization and makes it easier for project assessment. There are several tools which are required to make this planning more easily. This usually requires a proper team work, resource guru, plans and schedule, technology and easy access to such resource to full fill firm’s requirements (Miller and et. al.,2019). Question 1a:Reflecting on the importance of attaining best service user outcomes in care,discusshow the concept ofresource planningcould be used to make available and free up resources for the new ‘Mental Health Supported Housing’ project. The case-studyand theenvironmentin which health and social care settings operate in the UK. Considering the case, which has been given where the Mental Health Supported Housing is going to be launched within the uncertain environment of United kingdom due to reasons like Brexit and demand of services that gets changes regularly. it becomes really very hard for a business organisation which is new in nature to deal with all the issues that are political or other types of problems. One of the primary most issue
that has been found that is resource planning where Mental Health Supported Housing isdealingwiththesamesituationbecauseofhighuncertaintylevelofbusiness environment and this has happened due to Brexit and change among demand of patients. Basically brexit has had the major impact upon most of the hospitals dealing within the United kingdom because most of the nurses and doctors that were having other citizenships from UK has started fearing of loosing job. on the other hand, change in demand is also considered to be one of the issue which has raised questions on the performance level that both existing and new healthcare agencies like Mental Health Supported Housing were performing in the uncertain business environment. Concepts of resource planning for the new ‘Mental Health Supported Housing’ project. In present context, there are three resource planning concepts that are being taken into consideration and these are : Swot Analysis, PEST and Balance Score Card and all of these are presented underneath: SWOT ANALYSIS Strengths:Mental Health Supported Housing is presently having an effective and efficient staff, which can be considered as a strength of this company because they directly look forward to attend different levels of goals and objectives of both in the long- term and the daily targets. Weakness:It is hard for the company to adopt new technologies as per the the changes that patients are required for because it is new in nature and do not have much funds other resources to meet the requirements of patients. Opportunities:Rather than just working within the mental health sector, Mental Health SupportedHousingcanalsostartworkinginothersectorsaswell.Thiscanbe considered as one of the crucial and effective opportunity for the business organisation that can help them in sustaining within the healthcare industry for a longer period of time. Threats:Brexit and change among demand are said to be the two crucial barriers that are leading mental health supported housing to deal with number of issues. This has raisedthreatsforMentalHealthSupportedHousinginregardstocompetitive advantages, business expansion in near future and so on. PEST ANALYSIS Political:Considering brexit as one of the political issue is said to be an element, whcih has impacted the most on resource planning of Mental Health Supported Housing, because number of employees that belongs to another country has had the fear of loosing job, just when Brexit will reach to an end. Economic:Economic conditions of United kingdom are carrying strong position and are uncertain as well. Therefor, it can easily be said that Mental Health Supported Housing may go through number of issues and gain advantages as well.
Social:demand of patience gets increases day by day and with ethics it is much required for Mental Health Supported Housing to consider these demands and elements to enhance their own profitability and to stronger the goodwill among society. investors may become able to support this organisation if they are working within ethical code of conduct. Technological:present time, technology is carrying a rapid changing nature which my lead the whole organisation to deal with number of issues and this is one of the resource which proper plan and Mental Health Supported Housing would also require to make alterations as per the demand of staff members. Balance Scorecard :The Balanced Scorecard is a strategy management framework created by Drs. Robert Kaplan and David Norton. It takes into account a company's information like Mental Health Supported Housing : Objectives, which are high-level organizational goals. Measures, which may aid Mental Health Supported Housing understand if it is accomplishing it’s objective strategically or not. Initiatives, which are key action programs that help Mental Health Supported Housing achieve it’s objectives along with the goals. Effective resource management and good budgeting skills. In present context, it can be said that effective resource Management could help Mental Health Supported Housing in meeting the desired goals and objectives in effective and efficient manner. basically resource management is done properly then it can easily be said that the company is considering optimisation level of usage. On the other hand, good budgeting skills will help Mental Health Supported Housing in using the funds that has been invested by investors in a much more optimised and in effective manner. Importance of effective planning Theplanningprocessprovidestheinformationtopmanagementneedstomake effective decisions about how to allocate the resources in a way that will enable the Mental Health Supported Housing to reach its objectives. Another importance that came in front is that, productivity is maximized and resources are not wasted on projects with little chance of success. Understanding of the requirements for delivering the best service user outcomes. With the help of understanding the requirements for delivering the best service, Mental Health Supported Housing will become able to serve the best and this could be understood with two models and these are : Outcome based care model :In outcomes-based healthcare, health systems would directly help Mental Health Supported Housing in focusing upon reducing variation in how they treat a wide variety of diseases and conditions—a process that requires all
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clinicians to provide accurate diagnoses and treatment algorithms to improve patient outcomes. Person-centred care model:This could be also understood as one of the crucial and effective program that could help mental health supported housing and meeting their requirementswhere, inhospitalor housingtheperson-centredcareis wherethe patients actively participate in their own medical treatment in close cooperation with the health professionals. 1b analyzing minimum three sources which are different for funding and considering any two for supporting the strategy of new mental health supported housing project. Generally it is considered that most of the resources are very much connected to the procedure of Management but sometimes it gets limited as per the supply of such and do actually access all the demands and achieving goals as per requirement there needs to be a proper planning. This also requires to have a great importance to look upon the stakeholders as well. There are certain resources which actually can help to create a better sponsorship buy an executive which can actually assignresources or can even enforce certain decisions which are related to the project i.e. stakeholders. These people are actually the one who work properly involved in each aspect of gaining or losing in the project and they always have a positive effect towards it. This includes a fact that number of stakeholders actually increase the level of complexity in the job of managers and in project life cycle is well (Golway, 2019). There are certainly many resources for funding such organization but for a private business expansion the following are actually very important as well as crucial resources to have an appropriate funding for the mental health supporting housing project. Short term bank loan Bank overdraft Trade credit Debt factoring In all these sources mentioned above trade crediting and depth factory can be very much essential for creating a good amount of funding for this new project. The concept behind such is mentioned below: Trade credit:In many businesses this is considered to be as the most essential tool for having a financial growth in market. In simple terms this credit amount is given to you by several suppliers who will let you purchase their products for now and in later future it is to be paid. This will occur after each delivery of materials or any kind of equipment taken by a business person
without paying for it in cash or through banking is called a trade credit. It is usually considered as an external source for increasing the amount of capital in working. This amount is usually paid in a very short term period of time as usually suppliers give a particular spam of time to all such business organization. In the case of creating this new project the trade credit is about attracting new customers and making sales from the supplier’s point of you and for the project creator it is a good source of working capital which can be later on paid after the results are seen in the project (Day, 2019). Debt factoring:In simple terms it is selling and unpaid customer several invoices which are actually known as the accounts receivable for the factor that the person who owns the debt and chases the customer for their payment. This process works when any debt factoring business cells all their accounts or some of the accounts to a received will factor at a very discount price. this second person actually collects all the receivables which are to be taken from each customer, in exchange a certain amount is been given usually which is considered to be a good cash flow for the business this actually evaluates a business internally and all their receivables. This gives a major scope for the business managers to understand weather, trading for project working is in progress or not. In the case of launching a new mental health supporting housing, it's a good tool which can be used for creating funds and in the meantime one can actually e take up the amount back (Asomani-Boateng, 2019). The certain factors which actually affect the ability for raising much amount of funding for the current project which includes the political climate and legal policies in nation. In factor of getting affected through political climate is a very e crucial source to critically examine. It can hardly or smoothly affect business and can create several other ways of generating findings or at the same time can destroy the whole project. This factor should always be in the favorable for positive response. In case of legal policies they usually help in certifying search product projects and help on a very big scale for creating funding’s and regulatory bodies to support certain activities which are required to sustain such big scale projects in market. Do you have to be working in the correct way so that they can actually make the project able to raise more funding for or generating better amount.
Question 2:Discusshow effective resource management in Arden Healthcare Ltd. would support the performance of staff, the care team and the organisation as a whole. Explore how this links to the short, medium, and long-term goals of Arden Healthcare Ltd. - especially given its intention to expand. The case-study and the environmental factors that may impede the freeing-up of resources for the new ‘Arden Healthcare Ltd.’ Considering the case of Arden Healthcare Ltd, where there were ample number of environmental factors that impacted up on the resource management. Basically, rapid change among healthcare policies and Brexit are the two reasons which affected the organization, care team and performance level as well of them. In present context, alterations within the healthcare policies has led Arden Healthcare Ltd. to deal with number of issues, which affected the overall performance level of staff members, and on the other hand if it is talked about Brexit then this has also brought ample number of uncertainties in regards to the firm, and it is needed for Arden Healthcare Ltd. to keep its focus on bringing right modifications and develop strategies in regards to their staff so that desired goals could effectively be attained of the company and of staff as well. Accountability and responsibility in relation to the appropriate use of resources. At the time of using number of resources like manpower, funds, assets of the business organisation and many more, it is responsibility of every single individual to consider these resources and also utilise them in an optimise manner. Basically, it is said that if it is talked about accountability then board of directors and top level management of Arden Healthcare Ltd. are said to be individuals that will be having responsibility in regards to taking decisions that how available resources for the company will be considered and to be utilised. Explore broad performance measures/tools used by organisations In present time, there are ample number of performance measuring tools data available for business organisations that are dealing within the healthcare industry. For Arden Healthcare Ltd., this company can utilise a number of performance tools and these are presented underneath: Appraisals: This is said to be one of the crucial performance tool, which could be utilised by Arden Healthcare Ltd., where appraisals are going to be done of care team on the basis of how they have performed at workplace. With the help of this, staff may become much more motivated towards their performance for getting much benefits from Arden Healthcare Ltd. Key Performance Indicators (KPI’s): A Key Performance Indicator (KPI) is a measurable value that demonstrates that how effectively Arden Healthcare Ltd. is achievingkeybusinessobjectives.ArdenHealthcareLtd.Couldeffectively utilises KPIs to evaluate their success at reaching targets and this can be
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considered as a crucial tool to measure the performance of both employees and of company at the same time. Benchmarking to monitor performance:setting benchmark for care team and for other employees would directly help Arden Healthcare Ltd. To analyse the gap among desired position and where it is standing at the moment. With the help of this, organisation could easily take decisions in regards to what are the areas where staff requires training and so on so that their proficiency level can be improvised. Effective resource management has in supporting performance in Arden Healthcare LTD Effectivemanagementissomethingwhichlikelyhelpsabusiness organizationin enhancing the performance level of both the company and of staff members as well. If the resources will be managed by managers of Arden Healthcare Ltd. In a befitting mannerthentheperformancelevelofstuffwilldirectlygetimprovised.Iftheir performance gets increase that means the patience will also get the satisfactory level through getting prominent and efficient services from the staff right on time. How long is this, it will also lead care team to effectively enhance the motivation level, where they will start giving their hundred percent in utilising the resources in an optimised manner. Demand and supply, funding challenges, budgetary restrictions in the current fiscal & political climate on the organisation’s expansion strategy. It has been found that for a business organisation that is new within the political climate ofUnitedkingdomitmaygothroughfundingchallengesandmealsodealwith budgetary restrictions as well. This may also affect directly on the demand and supply of services and of resources as well that are directly linked with the patients. If it is talked about Arden Healthcare Ltd., Then it is a new company that has started working within the healthcare industry and serves to patients that dealing with mental and other health relatedproblems. Company is lookingforwardtoexpandtheorganisationamong different area through considering the licensing as market entry strategy, this will directly lead company to deal with number of problems which needed by managers to understand for expansion in a rightful manner. CONCLUSION Considering the above mentioned report it can easily be said that within the health and social care department it has become difficult for new businesses to enter this because of the high uncertainty level. With the help of resource planning and risk management strategiesahealthcareorganisationcouldeffectivelyrunit’soperationsinmuch effective and efficient manner. On the other hand, it is also said that considering the key performance indicators along with the benchmarking technique an agency which is performing and health and social care department could easily monitor the performance of employees. through this, right decisions can easily be taken in regards to what are
the challenges faced by them and offer them with the the training so that no issues could take place in near future. References Miller, C.W and et. al.,2019, October. Planning and managing a complex multisite study in the age of technology. InNursing forum. John Wiley & Sons, Ltd (10.1111). Day, J. C., 2019. Planning and managing the Great Barrier Reef Marine Park.The Great Barrier Reef: Biology, Environment and Management, p.169. Golway,M.,2019.Managingfiscalresources.Journalfornursesinprofessional development.35(1). pp.39-40. Asomani-Boateng, R., 2019. Urban wetland planning and management in Ghana: a disappointing implementation.Wetlands.39(2). pp.251-261.