SlideShare a Scribd company logo
1 of 5
Download to read offline
© 2017 Muthiah Abbhirami All rights reserved 1
Holistic Utilization
Management – a new
concept in
Management
Keywords: Holistic utilization management, utilization management, resource
utilization
Muthiah Abbhirami
12/25/2017
© 2017 Muthiah Abbhirami All rights reserved 5
Abstract
The purpose of the study is to bring forth a new concept in management that can facilitate holistic
utilization of the resources other than human resource in any organization. The concept I have proposed
will help, analyzing the assets available in an organization and also will help in obtaining an income from
those resources, if possible.
Introduction
Any organization to function properly needs resources. The resources play a vital role in determining the
quality of the organization and its product. Understanding the importance of resources led to the
formation of the term called resource management.
Resource management in simple terms with respect to any organization can be defined as managing
resources in the organization effectively at the same time with efficiency. This definition does not state
any detail or methodology of the utilization resources in an organization. As utilization of resources
needs to be carefully examined, there came into existence a new term called utilization management.
Utilization Management is defined as a set of techniques that is used by or on behalf of health care
benefits to manage health care costs by influencing patient care decision-making through case-by-case
assessment of the appropriateness of care prior to its provision. It can be clearly understood from the
definition that it confines itself to only the health care sector. Utilization of resources is common and it
is essential in every field, in organization and also cannot be confined to one specific sector like Health
care. This idea helps us to expand this definition to a larger section of the organizations and its sectors
belonging to them. Another important term that has been into play before the 19th
century was holistic
management.
The definition of holistic management encloses itself to agriculture sector. Holistic Management is a
framework, most commonly applied to grassland management, that when properly practiced has the
potential to regenerate damaged land. It focuses on mimicking the evolutionary grazing patterns of
cattle to regenerate soils and restore grasslands. This technique was started by the people from the
southernmost part of India. Then later spread across the globe. This technique has proved effective in
hundreds of areas across the globe.
Why not apply the same technique in the business? The application of holistic management can help in
developing more interaction and interdependency between different departments in the organization.
Holistic Utilization Management is management technique that helps the organization to understand its
availability of resources and to help them utilize the resources optimally, producing profit from each
department if possible.
© 2017 Muthiah Abbhirami All rights reserved 5
Optimal resource utilization Vs Holistic utilization management
Optimal resource utilization mainly focuses on utilization of resources at an optimal level. Holistic
utilization also deals with the utilization but in this case the utilization of resources together is
considered together as one whole entity. Studying the resources available in the organization is
important in holistic utilization management.
Asset management Vs Holistic utilization management
Asset management, broadly defined, refers to any system that monitors and maintains things of value to
an entity or group. It may apply to both tangible assets (such as buildings) and to intangible assets such
as human capital, intellectual property, goodwill and/or financial assets). Asset management is a
systematic process of developing, operating, maintaining, upgrading, and disposing of assets cost-
effectively.
Holistic management gives primary attention to the assets that are except humans in any organization.
Holistic utilization management cares more about the utilization methodology and the process that are
carried out while the resources are being used. It also takes into consideration that the resources are
not exploited.
Holistic Utilization Management, How it helps?
Resource management is more focused on human resource in any organization but in the concept
Holistic utilization management, the assets that are available in any organization is given more attention
than human resource.
The prime aim of any organization is to gain profit and satisfy the needs of the people working for the
organization. What if the there was a possibility of producing profit from the resources that are
sometimes not used? For example during summer holidays the school is left idle for 2 months
approximately. During the holidays the classrooms can be used for any other purpose.
The Concept of Holistic Utilization Management
Holistic utilization management aims to help any organization utilize the all of its resources to a greater
extend. Every resource found in the organization must be taken into consideration. The utilization of
every resource must help the organization grow and get profit. This profit can help improve the quality
of other departments.
© 2017 Muthiah Abbhirami All rights reserved 5
How does it work (with an example)?
To understand this concept let us take a school for an example.
Schools normally have school buses. These buses normally have two shifts loading kids in the morning
from their respective bus stops and unloading them in the evening or sometimes in the afternoon.
These buses are not used after their morning shift until evening or afternoon. During such times these
buses can operate and help the people near the locality use it as a public transport. This can be planned
by the school accordingly so that the timings do not collide with the students’. This method can help
people at the same time charging them tickets which can give profit.
In this scenario, the school (organization) with the help of school buses (resources) is used greater
(greater utilization of resource) than in normal case and issuing tickets for the locals using it provides
profit.
Holistic utilization management team and its working
1. The team specializing in holistic utilization management will take into account all the resources
that are available in the organization.
2. After the listing of resources, the team will analyze the assets the organization owns and will
create a project proposal stating the possibilities of having an income from it.
3. After the acceptance, the project will be started and all the necessary steps will be carried by
the holistic utilization management team.
4. With a procured profit the team then helps in investing the profits in any other resources in the
organization.
Holistic utilization at home
This method can also be applied in homes. The utilization of resources at home sometimes falls short.
Sometimes all the resources at home are not utilized well. Such resources can be taken into
consideration and through proper planning those items/resources can be given as a rent to someone
who is willing to take it.
This method not only procures an income out of the resources that are not used but also helps in
granting more space at home.
© 2017 Muthiah Abbhirami All rights reserved 5
Conclusion:
Management is important concept that stands quintessential in every part of life. For an organization it
is all the more essential. The resources in any organization must be utilized properly so that nothing is
wasted . Any idle resource is considered a loss. These kinds of loss when not considered might grew to
a greater extend. So the organization must take into consideration all the resources so that it can
identify the resources that are not in use.
To summarize, this paper introduces a new concept called holistic utilization management. This concept
as stated in the paper helps managing all the resources and takes care about the utilization. The
interdependency among the resources while being utilized has to be considered in holistic utilization
management.
References
https://www.greenbiz.com/article/business-case-holistic-management
http://www.projectcoordinator.net/en/blog/resource-management-for-optimal-resource-utilization
https://en.wikipedia.org/wiki/Asset_management

More Related Content

Similar to Holistic utilization managment muthiah abbhirami

Unit 1
Unit 1Unit 1
Unit 1umrez
 
Organisation structure & management
Organisation structure & managementOrganisation structure & management
Organisation structure & managementniharslideshare
 
MANAGEMENT STRATEGIES in EDUCATIONAL INSTITUTIONS-8615-UNIT 1
MANAGEMENT STRATEGIES in EDUCATIONAL INSTITUTIONS-8615-UNIT 1MANAGEMENT STRATEGIES in EDUCATIONAL INSTITUTIONS-8615-UNIT 1
MANAGEMENT STRATEGIES in EDUCATIONAL INSTITUTIONS-8615-UNIT 1EqraBaig
 
Concept nature and principles of management
Concept nature and principles of managementConcept nature and principles of management
Concept nature and principles of managementAyaz Akhtar
 
Management is a universal phenomenon
Management is a universal phenomenonManagement is a universal phenomenon
Management is a universal phenomenonLee Botani
 
UGC NET Managemnet Book PDF [Sample]
UGC NET Managemnet Book PDF [Sample]UGC NET Managemnet Book PDF [Sample]
UGC NET Managemnet Book PDF [Sample]DIwakar Rajput
 
PRINCIPLES OF MANAGEMENT
PRINCIPLES OF MANAGEMENTPRINCIPLES OF MANAGEMENT
PRINCIPLES OF MANAGEMENTPiyush Agarwal
 
Principles of Management in Hotel Industry (Marriott Hotels & Resorts)
Principles of Management in Hotel Industry (Marriott Hotels & Resorts)Principles of Management in Hotel Industry (Marriott Hotels & Resorts)
Principles of Management in Hotel Industry (Marriott Hotels & Resorts)Nishita Baliarsingh
 
fayol principles of management in reliance fresh
fayol  principles of management in reliance freshfayol  principles of management in reliance fresh
fayol principles of management in reliance freshfunwithsiddh
 
EDM-214-Organizational-behavior-models.pptx
EDM-214-Organizational-behavior-models.pptxEDM-214-Organizational-behavior-models.pptx
EDM-214-Organizational-behavior-models.pptxarlyntutica
 
Ppmppt 140401011214-phpapp01
Ppmppt 140401011214-phpapp01Ppmppt 140401011214-phpapp01
Ppmppt 140401011214-phpapp01sagar goyal
 
Human resource management presentations
Human resource management presentationsHuman resource management presentations
Human resource management presentationsSagarGupta372
 
DBA 7553, Human Resource Management 1 Course Learn.docx
DBA 7553, Human Resource Management 1 Course Learn.docxDBA 7553, Human Resource Management 1 Course Learn.docx
DBA 7553, Human Resource Management 1 Course Learn.docxpoulterbarbara
 

Similar to Holistic utilization managment muthiah abbhirami (20)

Unit 1
Unit 1Unit 1
Unit 1
 
Organisation structure & management
Organisation structure & managementOrganisation structure & management
Organisation structure & management
 
MANAGEMENT STRATEGIES in EDUCATIONAL INSTITUTIONS-8615-UNIT 1
MANAGEMENT STRATEGIES in EDUCATIONAL INSTITUTIONS-8615-UNIT 1MANAGEMENT STRATEGIES in EDUCATIONAL INSTITUTIONS-8615-UNIT 1
MANAGEMENT STRATEGIES in EDUCATIONAL INSTITUTIONS-8615-UNIT 1
 
Concept nature and principles of management
Concept nature and principles of managementConcept nature and principles of management
Concept nature and principles of management
 
Management is a universal phenomenon
Management is a universal phenomenonManagement is a universal phenomenon
Management is a universal phenomenon
 
UGC NET Managemnet Book PDF [Sample]
UGC NET Managemnet Book PDF [Sample]UGC NET Managemnet Book PDF [Sample]
UGC NET Managemnet Book PDF [Sample]
 
Introduction to Management
Introduction to ManagementIntroduction to Management
Introduction to Management
 
PRINCIPLES OF MANAGEMENT
PRINCIPLES OF MANAGEMENTPRINCIPLES OF MANAGEMENT
PRINCIPLES OF MANAGEMENT
 
Principles of Management in Hotel Industry (Marriott Hotels & Resorts)
Principles of Management in Hotel Industry (Marriott Hotels & Resorts)Principles of Management in Hotel Industry (Marriott Hotels & Resorts)
Principles of Management in Hotel Industry (Marriott Hotels & Resorts)
 
1_intro_to_mgmt_1_1.pptx
1_intro_to_mgmt_1_1.pptx1_intro_to_mgmt_1_1.pptx
1_intro_to_mgmt_1_1.pptx
 
fayol principles of management in reliance fresh
fayol  principles of management in reliance freshfayol  principles of management in reliance fresh
fayol principles of management in reliance fresh
 
henry.ppt
henry.ppthenry.ppt
henry.ppt
 
Concept-of-Management.pptx
Concept-of-Management.pptxConcept-of-Management.pptx
Concept-of-Management.pptx
 
Management Unit I.pptx
Management    Unit I.pptxManagement    Unit I.pptx
Management Unit I.pptx
 
EDM-214-Organizational-behavior-models.pptx
EDM-214-Organizational-behavior-models.pptxEDM-214-Organizational-behavior-models.pptx
EDM-214-Organizational-behavior-models.pptx
 
accounts
accountsaccounts
accounts
 
Ppmppt 140401011214-phpapp01
Ppmppt 140401011214-phpapp01Ppmppt 140401011214-phpapp01
Ppmppt 140401011214-phpapp01
 
Human resource management presentations
Human resource management presentationsHuman resource management presentations
Human resource management presentations
 
DBA 7553, Human Resource Management 1 Course Learn.docx
DBA 7553, Human Resource Management 1 Course Learn.docxDBA 7553, Human Resource Management 1 Course Learn.docx
DBA 7553, Human Resource Management 1 Course Learn.docx
 
Human Resource Management
Human Resource ManagementHuman Resource Management
Human Resource Management
 

More from Muthiah Abbhirami

Blockchain in adminstration muthiah abbhirami
Blockchain in adminstration   muthiah abbhiramiBlockchain in adminstration   muthiah abbhirami
Blockchain in adminstration muthiah abbhiramiMuthiah Abbhirami
 
Entrepreneurial resilience what makes entreprenuer start another business aft...
Entrepreneurial resilience what makes entreprenuer start another business aft...Entrepreneurial resilience what makes entreprenuer start another business aft...
Entrepreneurial resilience what makes entreprenuer start another business aft...Muthiah Abbhirami
 
Impact Of Demonetization in IT sector - India
Impact Of Demonetization in IT sector - India Impact Of Demonetization in IT sector - India
Impact Of Demonetization in IT sector - India Muthiah Abbhirami
 
Data structures and Big O notation
Data structures and Big O notationData structures and Big O notation
Data structures and Big O notationMuthiah Abbhirami
 

More from Muthiah Abbhirami (6)

Blockchain in adminstration muthiah abbhirami
Blockchain in adminstration   muthiah abbhiramiBlockchain in adminstration   muthiah abbhirami
Blockchain in adminstration muthiah abbhirami
 
Entrepreneurial resilience what makes entreprenuer start another business aft...
Entrepreneurial resilience what makes entreprenuer start another business aft...Entrepreneurial resilience what makes entreprenuer start another business aft...
Entrepreneurial resilience what makes entreprenuer start another business aft...
 
Impact Of Demonetization in IT sector - India
Impact Of Demonetization in IT sector - India Impact Of Demonetization in IT sector - India
Impact Of Demonetization in IT sector - India
 
Data structures and Big O notation
Data structures and Big O notationData structures and Big O notation
Data structures and Big O notation
 
Interface
InterfaceInterface
Interface
 
Cloud and only cloud
Cloud and only cloudCloud and only cloud
Cloud and only cloud
 

Recently uploaded

internal analysis on strategic management
internal analysis on strategic managementinternal analysis on strategic management
internal analysis on strategic managementharfimakarim
 
Beyond the Codes_Repositioning towards sustainable development
Beyond the Codes_Repositioning towards sustainable developmentBeyond the Codes_Repositioning towards sustainable development
Beyond the Codes_Repositioning towards sustainable developmentNimot Muili
 
Call Now Pooja Mehta : 7738631006 Door Step Call Girls Rate 100% Satisfactio...
Call Now Pooja Mehta :  7738631006 Door Step Call Girls Rate 100% Satisfactio...Call Now Pooja Mehta :  7738631006 Door Step Call Girls Rate 100% Satisfactio...
Call Now Pooja Mehta : 7738631006 Door Step Call Girls Rate 100% Satisfactio...Pooja Nehwal
 
Strategic Management, Vision Mission, Internal Analsysis
Strategic Management, Vision Mission, Internal AnalsysisStrategic Management, Vision Mission, Internal Analsysis
Strategic Management, Vision Mission, Internal Analsysistanmayarora45
 
Reviewing and summarization of university ranking system to.pptx
Reviewing and summarization of university ranking system  to.pptxReviewing and summarization of university ranking system  to.pptx
Reviewing and summarization of university ranking system to.pptxAss.Prof. Dr. Mogeeb Mosleh
 
Call now : 9892124323 Nalasopara Beautiful Call Girls Vasai virar Best Call G...
Call now : 9892124323 Nalasopara Beautiful Call Girls Vasai virar Best Call G...Call now : 9892124323 Nalasopara Beautiful Call Girls Vasai virar Best Call G...
Call now : 9892124323 Nalasopara Beautiful Call Girls Vasai virar Best Call G...Pooja Nehwal
 
International Ocean Transportation p.pdf
International Ocean Transportation p.pdfInternational Ocean Transportation p.pdf
International Ocean Transportation p.pdfAlejandromexEspino
 
Day 0- Bootcamp Roadmap for PLC Bootcamp
Day 0- Bootcamp Roadmap for PLC BootcampDay 0- Bootcamp Roadmap for PLC Bootcamp
Day 0- Bootcamp Roadmap for PLC BootcampPLCLeadershipDevelop
 
GENUINE Babe,Call Girls IN Baderpur Delhi | +91-8377087607
GENUINE Babe,Call Girls IN Baderpur  Delhi | +91-8377087607GENUINE Babe,Call Girls IN Baderpur  Delhi | +91-8377087607
GENUINE Babe,Call Girls IN Baderpur Delhi | +91-8377087607dollysharma2066
 
Agile Coaching Change Management Framework.pptx
Agile Coaching Change Management Framework.pptxAgile Coaching Change Management Framework.pptx
Agile Coaching Change Management Framework.pptxalinstan901
 
Safety T fire missions army field Artillery
Safety T fire missions army field ArtillerySafety T fire missions army field Artillery
Safety T fire missions army field ArtilleryKennethSwanberg
 
Dealing with Poor Performance - get the full picture from 3C Performance Mana...
Dealing with Poor Performance - get the full picture from 3C Performance Mana...Dealing with Poor Performance - get the full picture from 3C Performance Mana...
Dealing with Poor Performance - get the full picture from 3C Performance Mana...Hedda Bird
 
BDSM⚡Call Girls in Sector 99 Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Sector 99 Noida Escorts >༒8448380779 Escort ServiceBDSM⚡Call Girls in Sector 99 Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Sector 99 Noida Escorts >༒8448380779 Escort ServiceDelhi Call girls
 

Recently uploaded (15)

internal analysis on strategic management
internal analysis on strategic managementinternal analysis on strategic management
internal analysis on strategic management
 
Beyond the Codes_Repositioning towards sustainable development
Beyond the Codes_Repositioning towards sustainable developmentBeyond the Codes_Repositioning towards sustainable development
Beyond the Codes_Repositioning towards sustainable development
 
Call Now Pooja Mehta : 7738631006 Door Step Call Girls Rate 100% Satisfactio...
Call Now Pooja Mehta :  7738631006 Door Step Call Girls Rate 100% Satisfactio...Call Now Pooja Mehta :  7738631006 Door Step Call Girls Rate 100% Satisfactio...
Call Now Pooja Mehta : 7738631006 Door Step Call Girls Rate 100% Satisfactio...
 
Strategic Management, Vision Mission, Internal Analsysis
Strategic Management, Vision Mission, Internal AnalsysisStrategic Management, Vision Mission, Internal Analsysis
Strategic Management, Vision Mission, Internal Analsysis
 
Reviewing and summarization of university ranking system to.pptx
Reviewing and summarization of university ranking system  to.pptxReviewing and summarization of university ranking system  to.pptx
Reviewing and summarization of university ranking system to.pptx
 
Intro_University_Ranking_Introduction.pptx
Intro_University_Ranking_Introduction.pptxIntro_University_Ranking_Introduction.pptx
Intro_University_Ranking_Introduction.pptx
 
Call now : 9892124323 Nalasopara Beautiful Call Girls Vasai virar Best Call G...
Call now : 9892124323 Nalasopara Beautiful Call Girls Vasai virar Best Call G...Call now : 9892124323 Nalasopara Beautiful Call Girls Vasai virar Best Call G...
Call now : 9892124323 Nalasopara Beautiful Call Girls Vasai virar Best Call G...
 
International Ocean Transportation p.pdf
International Ocean Transportation p.pdfInternational Ocean Transportation p.pdf
International Ocean Transportation p.pdf
 
Day 0- Bootcamp Roadmap for PLC Bootcamp
Day 0- Bootcamp Roadmap for PLC BootcampDay 0- Bootcamp Roadmap for PLC Bootcamp
Day 0- Bootcamp Roadmap for PLC Bootcamp
 
GENUINE Babe,Call Girls IN Baderpur Delhi | +91-8377087607
GENUINE Babe,Call Girls IN Baderpur  Delhi | +91-8377087607GENUINE Babe,Call Girls IN Baderpur  Delhi | +91-8377087607
GENUINE Babe,Call Girls IN Baderpur Delhi | +91-8377087607
 
Agile Coaching Change Management Framework.pptx
Agile Coaching Change Management Framework.pptxAgile Coaching Change Management Framework.pptx
Agile Coaching Change Management Framework.pptx
 
Safety T fire missions army field Artillery
Safety T fire missions army field ArtillerySafety T fire missions army field Artillery
Safety T fire missions army field Artillery
 
Abortion pills in Jeddah |• +966572737505 ] GET CYTOTEC
Abortion pills in Jeddah |• +966572737505 ] GET CYTOTECAbortion pills in Jeddah |• +966572737505 ] GET CYTOTEC
Abortion pills in Jeddah |• +966572737505 ] GET CYTOTEC
 
Dealing with Poor Performance - get the full picture from 3C Performance Mana...
Dealing with Poor Performance - get the full picture from 3C Performance Mana...Dealing with Poor Performance - get the full picture from 3C Performance Mana...
Dealing with Poor Performance - get the full picture from 3C Performance Mana...
 
BDSM⚡Call Girls in Sector 99 Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Sector 99 Noida Escorts >༒8448380779 Escort ServiceBDSM⚡Call Girls in Sector 99 Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Sector 99 Noida Escorts >༒8448380779 Escort Service
 

Holistic utilization managment muthiah abbhirami

  • 1. © 2017 Muthiah Abbhirami All rights reserved 1 Holistic Utilization Management – a new concept in Management Keywords: Holistic utilization management, utilization management, resource utilization Muthiah Abbhirami 12/25/2017
  • 2. © 2017 Muthiah Abbhirami All rights reserved 5 Abstract The purpose of the study is to bring forth a new concept in management that can facilitate holistic utilization of the resources other than human resource in any organization. The concept I have proposed will help, analyzing the assets available in an organization and also will help in obtaining an income from those resources, if possible. Introduction Any organization to function properly needs resources. The resources play a vital role in determining the quality of the organization and its product. Understanding the importance of resources led to the formation of the term called resource management. Resource management in simple terms with respect to any organization can be defined as managing resources in the organization effectively at the same time with efficiency. This definition does not state any detail or methodology of the utilization resources in an organization. As utilization of resources needs to be carefully examined, there came into existence a new term called utilization management. Utilization Management is defined as a set of techniques that is used by or on behalf of health care benefits to manage health care costs by influencing patient care decision-making through case-by-case assessment of the appropriateness of care prior to its provision. It can be clearly understood from the definition that it confines itself to only the health care sector. Utilization of resources is common and it is essential in every field, in organization and also cannot be confined to one specific sector like Health care. This idea helps us to expand this definition to a larger section of the organizations and its sectors belonging to them. Another important term that has been into play before the 19th century was holistic management. The definition of holistic management encloses itself to agriculture sector. Holistic Management is a framework, most commonly applied to grassland management, that when properly practiced has the potential to regenerate damaged land. It focuses on mimicking the evolutionary grazing patterns of cattle to regenerate soils and restore grasslands. This technique was started by the people from the southernmost part of India. Then later spread across the globe. This technique has proved effective in hundreds of areas across the globe. Why not apply the same technique in the business? The application of holistic management can help in developing more interaction and interdependency between different departments in the organization. Holistic Utilization Management is management technique that helps the organization to understand its availability of resources and to help them utilize the resources optimally, producing profit from each department if possible.
  • 3. © 2017 Muthiah Abbhirami All rights reserved 5 Optimal resource utilization Vs Holistic utilization management Optimal resource utilization mainly focuses on utilization of resources at an optimal level. Holistic utilization also deals with the utilization but in this case the utilization of resources together is considered together as one whole entity. Studying the resources available in the organization is important in holistic utilization management. Asset management Vs Holistic utilization management Asset management, broadly defined, refers to any system that monitors and maintains things of value to an entity or group. It may apply to both tangible assets (such as buildings) and to intangible assets such as human capital, intellectual property, goodwill and/or financial assets). Asset management is a systematic process of developing, operating, maintaining, upgrading, and disposing of assets cost- effectively. Holistic management gives primary attention to the assets that are except humans in any organization. Holistic utilization management cares more about the utilization methodology and the process that are carried out while the resources are being used. It also takes into consideration that the resources are not exploited. Holistic Utilization Management, How it helps? Resource management is more focused on human resource in any organization but in the concept Holistic utilization management, the assets that are available in any organization is given more attention than human resource. The prime aim of any organization is to gain profit and satisfy the needs of the people working for the organization. What if the there was a possibility of producing profit from the resources that are sometimes not used? For example during summer holidays the school is left idle for 2 months approximately. During the holidays the classrooms can be used for any other purpose. The Concept of Holistic Utilization Management Holistic utilization management aims to help any organization utilize the all of its resources to a greater extend. Every resource found in the organization must be taken into consideration. The utilization of every resource must help the organization grow and get profit. This profit can help improve the quality of other departments.
  • 4. © 2017 Muthiah Abbhirami All rights reserved 5 How does it work (with an example)? To understand this concept let us take a school for an example. Schools normally have school buses. These buses normally have two shifts loading kids in the morning from their respective bus stops and unloading them in the evening or sometimes in the afternoon. These buses are not used after their morning shift until evening or afternoon. During such times these buses can operate and help the people near the locality use it as a public transport. This can be planned by the school accordingly so that the timings do not collide with the students’. This method can help people at the same time charging them tickets which can give profit. In this scenario, the school (organization) with the help of school buses (resources) is used greater (greater utilization of resource) than in normal case and issuing tickets for the locals using it provides profit. Holistic utilization management team and its working 1. The team specializing in holistic utilization management will take into account all the resources that are available in the organization. 2. After the listing of resources, the team will analyze the assets the organization owns and will create a project proposal stating the possibilities of having an income from it. 3. After the acceptance, the project will be started and all the necessary steps will be carried by the holistic utilization management team. 4. With a procured profit the team then helps in investing the profits in any other resources in the organization. Holistic utilization at home This method can also be applied in homes. The utilization of resources at home sometimes falls short. Sometimes all the resources at home are not utilized well. Such resources can be taken into consideration and through proper planning those items/resources can be given as a rent to someone who is willing to take it. This method not only procures an income out of the resources that are not used but also helps in granting more space at home.
  • 5. © 2017 Muthiah Abbhirami All rights reserved 5 Conclusion: Management is important concept that stands quintessential in every part of life. For an organization it is all the more essential. The resources in any organization must be utilized properly so that nothing is wasted . Any idle resource is considered a loss. These kinds of loss when not considered might grew to a greater extend. So the organization must take into consideration all the resources so that it can identify the resources that are not in use. To summarize, this paper introduces a new concept called holistic utilization management. This concept as stated in the paper helps managing all the resources and takes care about the utilization. The interdependency among the resources while being utilized has to be considered in holistic utilization management. References https://www.greenbiz.com/article/business-case-holistic-management http://www.projectcoordinator.net/en/blog/resource-management-for-optimal-resource-utilization https://en.wikipedia.org/wiki/Asset_management