Intelligent resource management, productivity optimization, and KPI-driven operations

Resource management is currently a topic of growing importance for both established organizations and startups, and it is also a key research field in Business Science because resources are important assets managed by every organization on a sustainable basis. What distinguishes a successful organization from a mediocre organization is not its technology, market size, or its share price, but the talent, dedication, knowledge, and integrity of its people, and the ability to build the most efficient team of people to fulfill its objectives. Companies have to take into account the intangible aspects of asset management regarding mobilization, value addition, motivation, emotion, loyalty, trust, and atmosphere. The future of business will rely on the wise deployment of both tangible and intangible assets, and the priority will be on the intangible aspects, which will help to differentiate and develop a unique competitive advantage. This explanatory simplex model helps to clarify and visualize a better understanding of human resource management.