logo

Resource Management Analysis

   

Added on  2020-10-05

12 Pages3512 Words216 Views
Resource Management

Table of ContentsINTRODUCTION...........................................................................................................................1LO1..................................................................................................................................................11.1 Analyzing requirement of different resources ......................................................................11.2 Explaining the key requirement relevant resources' management in the organizations indifferent sectors of the economy. ...............................................................................................1LO2 .................................................................................................................................................22.1 Use of Physical Resources ...................................................................................................22.2 Impact of Resource Wastage ................................................................................................32.3 The costs of high profile technological failure.....................................................................32.4 Assess the business case for the use of ethical and sustainable resources ...........................4LO3..................................................................................................................................................43.1 Assess the needs of human resources planning ....................................................................43.2 Analysis Motivational Theories ..........................................................................................53.3 Evaluate the methods used to monitor and improve employees performance .....................53.4 Assess the effectiveness of reward system ...........................................................................6LO4..................................................................................................................................................64.1 Explain the use of physical resources against performance measures and procedures ........64.2 Analysis data on employees' performance ...........................................................................74.3 Report on the effectiveness use of human and physical resources .....................................74.4 Make recommendations to improve human and physical resources ....................................7CONCLUSION ..............................................................................................................................8REFERENCES ...............................................................................................................................9

INTRODUCTIONResource Management is the most crucial and necessary task making process in theorganisation that helps to make the effective challenging resources and task oriented process. It isthe process that helps to manage the various functions of the company that helps to achieve theorganisational goals and set objectives. Present study will be based on Resource Management,for that assignment will be taken Hilton Hotel into action. Furthermore, in this file explaining thedifferent functional or the different economy sectors. It will also explain the physical resourcesthat helps to managed and monitored the company functions. LO11.1 Analysing requirement of different resources In the different sector of economy, there are different types of organization like primary,secondary and tertiary. There are different sectors like mining, manufacturing, service sector etc.that helps to making good output results and task oriented performance (Bratton and Gold, 2017). Primary Organization: Mining sectors are included here. In the organisation there arerequired different types of raw material according to the company requirements. Mining includesmetals, coal, oil, dimension and clay. In mining process, technology, equipment and time areimportant resources that is required in an organization.Secondary Organization: Manufacturing, electronic and engineering sectors areincluded in secondary organization. In manufacturing sector where company taken the use of rawmaterial and transfer into the finished goods and services. Engineering companies are alsorequirement of these different resources in their production process. Tertiary Organization: In this organization, service sector includes tourism, finance andcatering services (Bringezu and Bleischwitz, eds., 2017). In tourism sector, time, technology,equipment are most requiring resources in their organization. Services industry like Hilton hotelsand resorts. This organization provides services such as travel, foods and beverages etc. 1.2 Explaining the key requirement relevant resources' management in the organisations indifferent sectors of the economy. In the organisation management where company required huge number of differentresources that helps to make the final outcome and results. There are giving some resourcesbelow to explain into deeper manner. 1

Training: Training is the most required and essential part of the resources that helps tolearn emp[loyees about new method of working in the organisation. It is responsibility of themanager for giving training to employees for better performance (Brown and Capozza, eds.,2016). In service industry like Hilton hotels and resorts, there are many employees working sotraining is the main requirement for better performance by them. Storage facilities: There are another resources are considering in the organization.Storages facilities are main requirement in any organization, so that is not difficult for themanagers and employees for easily using the raw materials, equipments in their work. In thehotels sectors, they are always using the facilities of storages.Compliance with legislation: This is thev another resource which is required in theorganization. In this resources including employee health and safety, impact on environment etc.In the hotels sectors, many employees are working, so that managers are ensuring for employeeshealth and safety (Cascio, W., 2018). LO2 2.1 Use of Physical Resources Physical resources are those resources that we can feel and move and smell. Thoseresources are not easily movable and transforming from one place to another. Some of thefollowing giving below: Buying and Ordering System: In every any organization, buying, selling and orderinggoods and services is the common process between buyer and company. Hilton hotels and resortsare providing services of hotels and resorts, so that they can adopt buying and ordering system intheir hotels (Chelladurai.and Kerwin, 2017). It is the system of ordering their foods, beverages,resorts and hotel rooms. Stock Control System: In any organization, stock control system is another physicalresource. In hospitality industry, they are providing different services to the customers, so thatthey are adopting the system of their stock control and they are managed and monitored on theirstock. This is the another physical services provides by Hilton. Time Management: It is important physical resource which are required in theorganization. With the help time management, it is easy and simple for any company to makework properly and systematic. In the hotels sectors, it is the main part of providing services to thecustomers. Managers and employees are ensuring that managed of their time for working. 2

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Online Library for Study Material | Desklib
|11
|2710
|248

BUSINESS AND THE BUSINESS ENVIRONMENT TABLE OF CONTENTS
|19
|5400
|278

Resource Management - Tata Steel
|14
|4843
|138

Business and the Business Environment - Assignment Solved
|21
|6698
|25

Classification of businesses PDF
|19
|4328
|106

Corporate Finance Assignment Example
|13
|2780
|46