Answer to Question #179208 in Management for push

Question

Discuss in detail the common mistakes that occur in resource management and make recommendations to resolve them.

Answer 1

Resource management refers to the process of effectively utilizing resources.  These resources include time, people, finances, and materials. Businesses try to allocate resources to the appropriate activities. However, there are several mistakes that companies make in the process of resource management.

One of the common mistakes is the wrong assigning of resources, where a manager does not check on employees' abilities and experience. To solve this mistake, businesses should appoint competent managers who will allocate resources to the right projects. Another mistake is mismanagement, where managers overwork and also assign employees a lot of work. Such managers should only delegate duties and allow employees to complete the tasks at their own pace. Another common mistake is assigning tasks without explaining to employees the intention and importance of the task. This mistake can be solved by including the staff in the entire planning process, where the manager should explain the objectives, importance, and role of each employee.