Work and Resource Management: Benefits to Bypass the Competition

Work and Resource Management: Benefits to Bypass the Competition

Work and Resource Management (WRM), as defined in the Ventana Research whitepaper, is a systematic approach to prioritizing work and optimizing resources. In this article, Leyna O'Quinn provides a quick review of what WRM is before discussing the top 5 benefits of implementing it in your organization. These benefits include optimized efficiency through a unified approach to prioritization, the ability to combine formal and informal ways of working, effective communication of objectives and strategies related to plans, optimal application of workers' skills, and dynamic and flexible plans that accommodate teams assembled across lines of business. By implementing WRM, you can improve productivity, increase efficiency, and stay competitive in the ever-changing world of work.

View

More Innovation Resources:

Accelerating Innovation with Rapid Learning Cycles

Accelerating Innovation with Rapid Learning Cycles

Structured, rapid innovation can be a repeatable process that can disrupt your industry all on its own, just like Honda's strategy to end Yamaha's dominance in motorcycle industry with their superior R&D ability.

View

Innovation and Reputation

Collaboration and information sharing are crucial for sustainable innovation in businesses. Technical workers will only share information with colleagues they trust and believe will return the favor.

View

How to Apply the Four Lenses of Innovation

Rowan Gibson's book, "The Four Lenses of Innovation," offers a power tool for creating thinking and understanding the perspectives of innovators, which can unlock our innate capacities for idea generation and imaginative problem-solving.

View