Table of contents
Table of contents 2 Introduction 2 Physical resources 3 Buildings and facilities 3 Materials and waste 3 Plant and machinery 4 Equipment including IT 4 Planned maintenance and refurbishment 4 Emergency provision 4 Insurance 5 Security 5 Technological resources 6 Intellectual property 6 Accumulated experience and skills 6 Software licences 6 Protection via patents and copyright 7
Introduction
With this report I will be describing the main physical and technological resources required in the operation of a selected organisation.
Physical resources
These are the resources that the business needs to maintain in order to carry out its activities. They include things like the buildings, facilities, plant and machinery. Management of physical resources involves planning maintenance and refurbishment, and includes organising insurance and security to keep those resources safe.
Buildings and facilities
Any business will need to have premises from where it can operate. This may range from a person’s home, when the business first starts operating, to tower block offices all over the world. Buildings play an important role in the image of a business and can make potential customers want to work with the business even more. The building that is used by Lloyds is so famous that is has become a tourist attraction to many visitors from London. Many financial institutions still have their head offices in central London near the Stock Exchange so that they can still maintain links with client’s suppliers in person as well as online.
When customers enter the building, facilities need to be arranged for them, such as meeting rooms or front desks. Banks, for example, often have desks or rooms where clients can talk to an advisor about financial products, such as loans or mortgages, as well as a screened area from which money is given out or paid in. For some businesses, the attractiveness of the building