allocate

Examples of allocate in the following topics:

• Defining Job Design

  • Job design is the systematic and purposeful allocation of tasks to individuals and groups within an organization.
  • Job design is the allocation of specific work tasks to individuals and groups.
  • Resource allocation occurs when an organization decides to appropriate or allocate certain resources to specific jobs, tasks, or dilemmas facing the organization.
  • Appropriate resource allocation allows large organizations to foster and develop innovation in their workforce and underscores strategy through distribution.

• Strategic Management

  • It entails specifying the organization's mission, vision, and objectives, as well as developing policies and plans which allocate resources to drive growth and profitability.
  • Leaders allocate resources to specific projects and enact any necessary strategic partnerships.

• Defining Strategic Planning

  • Strategic planning is an organization's process of defining its strategy and making decisions on how to allocate resources to pursue that strategy.
  • Common components of a business plan include external and internal analyses, marketing and branding, investments, debt, resource allocation, suppliers, production processes, competition, and research and development.

• Self-Managing Teams

  • Because they eliminate a level of management, the use of self-managing teams can better allocate resources and even lower costs.

• Mintzberg's Management Roles

  • Resource Allocator: allocates the organization's resources; makes or approves of all significant organizational decisions.

• Team Cohesiveness

  • This makes allocation of resources more efficient, since an existing cohesive team can perform well and more quickly than a newly formed one.

• Fulfilling the Organizing Function

  • Specific organizing duties involve the assignment of tasks, the grouping of tasks into departments, and the assignment of authority and allocation of resources across the organization.
  • Authority is a manager's formal and legitimate right to make decisions, issue orders, and allocate resources to achieve desired outcomes for an organization.

• Ratio Analysis

  • The goal of process control is increased efficiency; ratio analysis uses a wide variety of point in similar projects as benchmarks to denote where efficiency can be enhanced, and underlines differences in profitability and efficiency that may sway resource allocation for the organization in the future.

• Internal and External

  • The list of potential internal constraints is long: employees may not have the proper skills to use specific types of equipment, policy may organize the processes in an imperfect manner, equipment may depreciate faster than expected, employees may be absent or inefficient, policy may limit resource allocation to inventory and warehousing, etc.

• The Overall Strategy

  • Strategic planning is an organization's process of defining its overall strategy, or direction, and making decisions on allocating its resources to pursue this strategy.