Logo: Feedburner Archive for March, 2007

Business capital: the capital that gets things done

March 16th, 2007

What is business capital? Who is responsible for business capital? If these are unanswered question, the enterprise is not organized for 21st century management. Business capital is designed and utilized in performance solutions to produce a specific result, and cannot be used for results in general. Business capital includes three categories: business organization to plan and be ready to produce a result, business process to produce the actual result, and business data to access and update information about the result. With R-pM, organization, process, and data are defined precisely to be capital related to a specific result or a chain of results.

Business capital management is fundamental to manage the business. Other separately-managed human, facility, and management capital must be integrated with business capital to produce the result. This is not managed in conventional enterprises with significant unseen consequences. To see the consequences, business as usual must be compared with an unimagined organized and optimized business [more...]

Getting Management Involved in Business Change

March 5th, 2007

Management rarely fills the proper role in conventional business change. The change is up to consultants and the administrative department. Management will often resist using new enterprise structures and continue to manage the business in his own way. This is possible, because conventional business change is not change to the business, but change to enterprise structures overlaid on the business.

Result-performance Management is the final business change to organize the business, so that all future business change is part of the enterprise routine. Enterprise management must take the lead and participate in the change to R-pM, since the fundamental performance utilized and results produced by the business are being organized and managed. R-pM becomes the daily routine of managers at all levels and all overlaid enterprise management structures are removed. R-pM simplifies the business to six consistently defined information entities to remove information complexity and enable 21st century management.
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