Archive for June, 2007
What is the Difference Between 20th and 21st Century Management?
June 28th, 200720th century management manages the enterprise by laying organization and management structures over the business. We are familiar with the organization structure that is reorganized periodically, and management structures in the business processes, information systems, accounting entries, and reporting methods used every day. These structures record a multitude of data entities and can report mountains of information, but do not record actual business data or report actual business management information.
21st century management organizes and manages the enterprise business as one integrated business structure. Business is "the utilization of capital in performance to produce value in results", so 21st century management manages two entities, performance capital utilized and results produced, to organize and manage the business. Result-performance Management (R-pM) is the conventional method for 21st century business organization and management. Your 21st Century Management Manual is contained in the R-pM Toolkit, the continually expanding guide to 21st century management [more...]
Generate Profits from an Chain of Known Value
June 21st, 2007The 20th Century Corporation has a problem defining value and managing value creation. Value is not organized and managed within the corporation as part of the routine. Methods and formulas are contrived to calculate numbers called "value". Business collaboration for shared value remains an elusive goal.
Result-performance Management (R-pM) organizes the business as results, the economic outputs that contain value, and as performance solutions, the capital consumed to incur the cost of producing the value. Value is an attribute of each result and is determined and utilized as a routine management metric.
R-pM is the only to way to redefine monolithic business processes as manageable result value-quality chains. R-pM enables value-quality chains, value and value-added management, strategic value creation, business collaboration for shared value, and integration with supplier and customer value-quality chains. [more...]
Manage Human Resources as Human Capital
June 11th, 2007Most companies still administer human resources as employees. They use organization structures, job descriptions, task plans, salary scales, rigid HR policies, performance management, and other measures that put human capital into boxes and manage the activities humans perform.
Result-performance Management manages human capital to produce results, to develop capabilities to produce higher-value results, to provide the specific knowledge needed to develop and produce results, to link the value added to results to the worth as human capital, and to compensate and reward relative the human capital worth. [more...]
Manage Intelligence as Management and Information Capital
June 4th, 2007Business and competitive intelligence is high-worth capital of growing importance in the 21st century enterprise. Most 20th century enterprises do not manage intelligence as capital to develop the needed intelligence solutions. Much intelligence is left up to functions like management accounting and management information support. 20th century enterprises are unable to deliver intelligence information solutions precisely where and when needed to produce management results.
Management intelligence must be managed as both management capital and as information capital. Intelligence is management capital that must be developed and supported by professionals with the required management research and analysis capabilities. Specific management intelligence performance solutions must be developed to support management at all levels to produce specific results. Management intelligence solutions must be integrated in the enterprise information base to be delivered or accessed as needed to produce results.
Result-performance Management provides the management capital management capabilities to develop intelligence to support management strategy and tactics capital, and to develop the specific management solutions needed. R-pM integrates management intelligence solutions by result and performance solutions, as needed, in the enterprise information base to be delivered, or accessed as needed, for management and governance results. [more...]


