Optimal resource utilization is essential to ensure enhanced operation efficiency and business profitability. However, managers often fail to leverage the workforce to their maximum capacity, which results in under/overutilization. This can lead to reduced productivity, burnout, and unplanned attrition.
Therefore, organizations must constantly monitor resource utilization to prevent these challenges from eroding the firm’s health index. Moreover, implementing modern tools and technologies like enterprise-grade resource management software can help firms address over/underutilization, improve productivity, and enhance ROI.
