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What Key Ratios used to determine your Resource Management Skills?

Resource Management
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Question ajoutée par Shabbir Hussain , Assistant Registrar , LUMS
Date de publication: 2013/09/27
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Zafar Iqbal
par Zafar Iqbal , Teacher (Pak Studies) Subject Specialist , Home Tutor

  • enables you to upgrade your standing in the company by showing the effectiveness of your department through solid, factual, and verifiable data;
  • justify your toughest managerial decisions - ranging from how many additional staff people to hire to how much to spend on your training program - with specific numbers obtained from easy-to-use mathematical formulas;
  • quantify your department's contribution to the overall bottom line;
  • set firm, achievable goals and priorities;
  • collect numerical data on costs, time, and the quantity and quality of work and
  • accurately measure virtually anything you want to measure - from a specific task to the way your entire department is organized.

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