FMST 238 Lecture 1: 01 05:01

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8 Feb 2016
School
Department
Course
Management Process Model
1. Identify problem, need, want and goal
2. Clarify values
3. Identify resources
4. Decide, plan, and implement
5. Accomplish goals, and evaluate
6. Feedback
How am I managing my life?
- Where does the time go?
- What should I be doing with my life?
- How can I succeed?
- What in+uences my management decision?
Discussion & Report Bach
- What is family resource management?
- How does it compare to business management?
- What is desired outcome for each?
De/nitions of family resource management
- What is similar in the de/nitions presented in the next two
slides?
- What is unique?
- Which one best /ts your understanding of family resource
management?
What is family resource management?
- Deacon and Firebaugh, 1975
oPlanning and implementing the use of resources to
meet demands”
- Goldsmith, 2002
o“process of using resources to achieve goals”
- it is an understanding of the decisions individuals and families
make about developing and allocating resources including
time, money, material assets, energy, friends, neighbors, and
space, to meet their goals. (Goldsmith, p.3)
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