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Partnership and Resources : Criterion 4

How the organisation plans and manages its external partnerships and internal resources in order to support its Policy and Strategy and the effective operation of its processes.

4a. How external partnerships are managed
• Identifying key partners and strategic partnership opportunities in line with policy and strategy.
• Structuring partnership relationships to create and maximise value.
• Forming value adding supply chain partnerships.
• Ensuring cultural compatibility and sharing the knowledge with partner organisations
• Supporting mutual development.
• Generating and supporting innovative thinking through the use of parnerships.
• Creating synergy in working together to improve processes and add value to the customer/supply chain.

4b. How Financial Resources are managed
• Using financial resources in support of policy and strategy.
• Developing and implementing financial strategies and processes.
• Evaluating investment in both tangible and non-tangible assets.
• Using financial mechanisms and parameters to ensure an efficient and effective resourcing structure.
• Managing risks to financial resources.

4c How Building , equipment and materials are managed
• Utilising assets in support of policy and strategy.
• Managing the maintenance and Utilisation of assets to improve total asset life cycle performance.
• Managing the security of assets.
• Measuring and managing any adverse effects of the organisation's assets on the community and employees(SHE)
• Optimising material inventory.
• Optimising consumption of utilities.
• Conserving global non-renewable resources.
• Reducing any adverse global impact of products and services.

4d. How Technology and intellectual property are managed.
• Identifying and evaluating alternative and emerging technologies in the light of policy and strategy and their impact on business and the society
• Managing the technology portfolio.
• Exploiting existing technology.
• Innovating technology
• Harnessing technology to support improvement
• Identifying and replacing old technologies

4e. How Information and knowledge are managed.
• Collecting, structuring and managing information and knowledge in support of policy and strategy
• Providing appropriate access, for both internal and external users, to relevant information and knowledge.
• Assuring and improving information validity, integrity and security.
• Cultivating, developing and protecting unique intellectual property in order to maximise customer value.
• Seeking to acquire, increase and use knowledge effectively.
• Generating innovative and creative thinking within the organisation through the use of relevant information and knowledge resources.

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