{"id":6531,"date":"2018-03-21T16:32:00","date_gmt":"2018-03-21T21:32:00","guid":{"rendered":"https:\/\/blog.planview.com\/?p=6531"},"modified":"2019-02-01T12:46:15","modified_gmt":"2019-02-01T18:46:15","slug":"overcome-hurdles-to-maximize-business-value","status":"publish","type":"post","link":"https:\/\/blog.planview.com\/overcome-hurdles-to-maximize-business-value\/","title":{"rendered":"Overcome Hurdles to Maximize Business Value"},"content":{"rendered":"

In my last blog, \u201cWhat is Work and Resource Management: Part 1 \u2013 Adapting to change<\/a>,\u201d I define work and resource management from the perspective of our friends at Ventana Research<\/a>. This blog features the Ventana Research viewpoint on overcoming hurdles to maximize business value from their whitepaper, “Five Ways to Increase Efficiency and Innovate Faster\u201d.<\/p>\n

To be a successful hurdler means having great agility, stamina, and the ability to effectively judge distance between obstacles. Of course, these skills develop over time with a lot of practice\u2014you don\u2019t want to fall flat on your face. Today’s business challenges are tough to overcome and as a result organizations find it difficult to maintain the stamina required to keep up with the competition.<\/p>\n

Ventana Research highlights hurdles organizations face and how work and resource management can help. Here are two:<\/p>\n

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  1. Work and resources have varied dependencies and characteristics<\/strong><\/li>\n<\/ol>\n

    This fact alone can be intimidating if you don\u2019t have the right tools and processes in place. Keeping track of different projects, people, and schedules can be difficult. This is compounded when you consider your shared resources are using different systems and methods to get work done based on their role. Work and resource management allows you to take the varied dependencies into consideration and make trade-off decisions to ensure your teams are focused on the right work at the right time to compete effectively. Once you establish an effective process, you\u2019ll find it much easier to maintain in the future. <\/strong><\/p>\n

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    1. Teams frequently operate through disparate processes<\/strong><\/li>\n<\/ol>\n

      Many organizations have an array of disparate processes and applications that undercut productivity and create barriers to servicing customers. Leaders should develop effective processes to plan and define activities and tasks as well as have a good understanding of where resources are spending their time. Work and resource management brings together domains that have traditionally been implemented and managed independently. It provides the visibility needed for stakeholders to understand what\u2019s going on, track progress, and course correct as needed.<\/p>\n

      For more information about the Ventana Research perspective on work and resource management and maximizing business value leveraging a work and resource management approach, read up on the rest of the blogs in this series, listed below:<\/p>\n