Resourcefulness Flashcards
Which Dictionary:
The ability to make decisions and act on your own
Chambers Dictionary
Which Dictionary:
The ability to find new ways to do things and solve problems
Oxford Dictionary
Which Dictionary:
The ability to deal skilfully and promptly with new situations, difficulties, etc
Dictionary.com
Resourcefulness Strategies
Self-sufficiency
Partner and Collaborate
Outsourcing
Website-based resources
Government Assistance
Knowledge Enhancement and Management
Resourcefulness Strategies:
Achieved through self-study, enrolment in training courses and subscriptions to online services such as Skillsfuture and GeBiz
Self-sufficiency
Resourcefulness Strategies:
Building a private roster of independent subject matter experts to collaborate in areas of competency gaps to provide clients with a win-win solution
Partner and Collaborate
Resourcefulness Strategies:
Engaging a vendor, supplier or consultant to provide the products and services as a separate piece of work
Outsourcing
Resourcefulness Strategies:
Various websites provide services online, such as surveymonkey.com, www.bpir.com, www.ssg-wsg,gov.sg, etc
Website-based resources
Resourcefulness Strategies:
Many funding and advisory services are available for SMEs, including www.enterprisesg.gov.sg, crowdfunding, venture capitalist, etc
Government Assistance
Resourcefulness Strategies:
Developing an infrastructure to capture knowledge to move from managing tacit to explicit knowledge
Knowledge Enchancement and Management
Type of Resources for marshalling and evaluating
Manpower
Machines
Material
Methods
Money
Information
Logistics
Environment
Type of Resources for marshalling and evaluating:
The availability and sufficiency of skills
Manpower
Type of Resources for marshalling and evaluating:
The capacity and capability of current machines and equipment
Machines
Type of Resources for marshalling and evaluating:
The ability to know what to do, how to do it and when to do it
Methods
Type of Resources for marshalling and evaluating:
The material sufficiency and product stability
Material
Type of Resources for marshalling and evaluating:
The budget requirements, funding availability, and funding sources
Money
Type of Resources for marshalling and evaluating:
The data and information sources and availability to enable decision-making
Logistics
Type of Resources for marshalling and evaluating:
A conducive environment for effective implementation
Environment
Tips to Develop Qualities for Resourcefulness
Think like an entrepreneur
Develop your skills
Participate in activities
Stay open-minded