1. P3 Technological resources Physical resources Buildings and facilities
LO: To examine the main physical and technological resources required in the operation of a selected organisation P3
Physical resources
Buildings and facilities
Materials and waste
Plant and machinery
Equipment including IT
Planned maintenance and refurbishment
Emergency provision
Insurance
Security
Technological resources
Intellectual property
Accumulated experience and skills
Software licences
Protection via patents and copyright

3. M1 Resource Management from the business point of view
M1 - Explain how the management of human, physical and technological resources can improve the performance of a selected organisation M1
Resource Management from the business point of view
Effective deployment of resources – where and when needed
Careful consideration required in order to meet the goals of the business
Ensuring the right physical resources are purchased, the right staff are recruited and the best use is made of the technological resources

4. Complex task that requires careful planning:
M1 - Explain how the management of human, physical and technological resources can improve the performance of a selected organisation
Complex task that requires careful planning:
Determine the strategic plans
Anticipate how external factors will affect plans
Share functional objectives
Identify the resource requirements to meet these objectives
Determine whether or not functional areas have these resources
Develop a plan to acquire the resources
Constantly review progress towards acquiring the necessary resources.

5. M1 Resource Management from the functional areas point of view
M1 - Explain how the management of human, physical and technological resources can improve the performance of a selected organisation M1
Resource Management from the functional areas point of view
Each department will have responsibility for managing resources to meet its SMART objectives
Internal and external factors constantly changing

6. HR – monitoring performance and considering ways to improve
M1 - Explain how the management of human, physical and technological resources can improve the performance of a selected organisation
Monitoring Resources
HR – monitoring performance and considering ways to improve
Physical – monitoring and recording malfunctions
Technological – monitoring and ensuring intellectual property is not misused

7. Strategic plans – resources to ensure these are met
M1 - Explain how the management of human, physical and technological resources can improve the performance of a selected organisation
Overall
Strategic plans – resources to ensure these are met
Resources management is as important as making sure functional areas run smoothly
Poor management has serious consequences as business can fail to meets its aims and objectives.

8. M1 - Explain how the management of human, physical and technological resources can improve the performance of a selected organisation
Explain how Business name manage human resources effectively to improve business performance
What do they do?
What does the company aim to achieve?
How does/will ‘what they do’ help them work towards their aims?
Explain how Business name manage physical resources effectively to improve business performance
Explain how Business name manage technological resources effectively to improve business performance
Explain the overall importance of managing resources in order to improve business performance. What will happen if they are poorly managed?

9. HUMAN RESOURCE EXAMPLE
Tesco effectively manage their human resources by ensuring that they have enough operational staff to complete all roles in the organisation. Ensuring they have enough management to make decisions about the operation of the organisation. Ensuring they have enough senior managers and directors to ensure they are able to make decisions about the direction of the organisation. A vital role of the human resource management is to ensure that recruitment takes place effectively and efficiently so that all necessary roles are filled. Another vital role is ensuring that the staff have appropriate skills and experience to fulfil these roles, if necessary the appropriate training is given to staff to support them in their role. For Tesco to be a successful company they need to be able to put the customers needs first. They need to deliver the right products, at the right time, in the right place at the right price. They need to deliver the good value for money with products of a good quality and deliver a wide range. If Tesco are focused on this throughout their recruitment and training of staff (their human resource management) and also through their treatment of staff (continuous human resource development) then the company will improve their performance. It is vital that this is something that is seen as continuous process to ensure that effective recruitment and training of staff keeps up with the changing demands of customers.