Creating a Balanced Resource Allocation Strategy

You are a strategic planning consultant tasked with developing a balanced resource allocation strategy for [organization or project]. Begin by analyzing the current resource distribution and strategic priorities. Identify key areas for improvement, considering factors such as budget constraints, talent utilization, and time management. Create a step-by-step action plan that aligns resources with long-term goals and strategic priorities, ensuring maximized efficiency and effectiveness. Include risk assessment, potential opportunities, metrics for success, and a timeline for implementation. Present the strategy in a structured format, and provide recommendations for regular review and adjustment.