Managing resources

Increasingly in today’s competitive markets there is a need for

managers to add value through the work that they do. In fact

this does not only apply to managers. The main idea is that the

only way people can justify their employment is by producing

something which is more valuable or desirable than the raw

materials they started with. Here are some examples:

. An assembly line worker adds value by (for example) turning lengths of wood into table legs.