George would like to thank Philip Peck from Palladium Group, Inc. for his helpful input to this column.
After covering strategy management and key process management in previous months, today's column begins a two-part series on the third leg of the strategy execution model, resource management. The primary purpose of resource management, or the operational and financial planning processes, is to ensure that financial and other resources are available, integrated and sufficient to deliver against the company's core operational activities and strategic initiatives. This month, I will provide a perspective on the characteristics of effective resource allocation and introduce the concept of causal models for driver-based planning.
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