Logo: Feedburner Archive for March, 2008

You use R-pM now to manage your Personal Business

March 31st, 2008

R-pM is natural and the only way to organize a business

Result-performance Management (R-pM) is the natural way you organize your personal business. You produce results in the things you accomplish. To produce results, you utilize your capital as performance solutions in your capability, tools, equipment, money, plans, instructions, etc. You manage your business through common sense. You use R-pM instinctively because R-pm is the only way to organize and manage your personal business or any other business.

Your company organizes and manages the company, rather than the business

But on your job, you no longer naturally utilize performance solutions to produce results. Your company does not organize or manage the business. The company lays contrived structures over the business to manage the company. All business schools, management books, packaged solutions, consulting advice, professional bodies, and on-the-job experience teach us to lay contrived structures over the business. You cannot manage or perform using common sense. You must follow various rules, regulations, and procedures to utilize arbitrary processes, systems, accounting, and other structures.

Use your natural method to organize your company business

Use your natural method of utilizing specific performance solutions to produce specific business results. You will see improvement in the job you do today, and understand the potential in organizing your company business for the breakthrough advantages of 21st Century Management [more...]

Manage Capital Development as Result-capital Development to Achieve Planned Returns

March 27th, 2008

All capital development is result-capital development to develop solutions to produce results

All capital development develops capital as performance solutions to be utilized to create additional value in output results produced by the business. The additional value of output results provides the return on the capital development investment. If the performance solutions utilized and the results produced by the business are not managed, capital development cannot be managed properly and the return on investment cannot be measured. Therefore, capital development must be planned and managed as result-capital development.

20th century management does not organize or manage results or performance

20th century management does not manage the business. Specific results produced and performance solutions utilized are not defined and managed as sets. Added result value cannot be managed to provide benefits and specific performance solutions developed cannot be managed to know costs. Capital development is a separate exercise to develop performance or tangible assets to produce some estimated return on investment.

R-pM manages result-capital development as part of the business for measured and managed return

The answer for all future result-capital development is Result-performance Management (R-pM) to organize the business for 21st Century Management. R-pM manages performance solutions utilized and the business results produced to plan and manage the value added to results. R-pM manages new performance solution development to produce new or improved results. R-pM manages each result-capital development project as part of the business with its own project business structure. R-pM manages implemented solution development and operating costs and the additional value-added to results to measure the actual return on investments. R-pM is the essential approach for any new result-capital development. It is all described in The R-pM Toolkit, your 21st Century Management Manual [more...]

Ten Rules for 21st Century Management

March 24th, 2008

How to ensure you gain the benefits of 21st Century Management

20th century management causes many unsolvable problem like unknown business costs, value, worth, and investment returns that are easily left behind by using Result-performance Management (R-pM) for 21st Century Management. Any responsibly-managed business must investigate totally new R-pM to organize the business into one business structure for integrated 21st Century Management and significant competitive advantage.

Follow the ten rules for 21st Century Management

Ten rules are provided as a guide to organize and manage results and performance as one integrated business structure to ensure effective 21st Century Management. Each rule provides new approaches and advantages never possible before with 20th century management. These ten rules are supported by the R-pm Toolkit. Become an R-pM Community member and download the R-pM Toolkit at result-performance-management.com and then organize your business to follow the ten rules for 21st Century Managemen [more...]

Business “Results” and “Performance” are not clearly defined today

March 20th, 2008

20th century business definitions are confusing and imprecise

What is your definition of an "enterprise" or the "business"? How do you or your performance management methods define "performance"? How do you define "result"?

Precise definitions are needed to organize and manage the business of the enterprise properly. Current definitions of performance mix performance activity together with output results and report and manage both as "performance". Current usage of the term "result" is as economic outputs that leave the enterprise.

The definition of the business conflicts with the definition of performance and results

Yet, the generally-accepted definition of the enterprise business as "the activity of providing goods and services" indicates that the enterprise business has two components:

  • The performance component in business activity
  • The result component in the goods, and services provided

20th century management is unable to organize and manage the two components of the business because performance and results are mixed together and managed as performance.

R-pM precisely defines business, performance, and results for 21st Century Management

Properly defining "performance" and "result" and then separating results from performance are the first steps to organizing the enterprise business for 21st Century Management [more...]

Rule No 10: Employ 21st Century Management conventions and standards

March 17th, 2008

Conventions, definitions, and standards used in 20th century management are inconsistent and confusing

20th century management does not organize the natural business or apply common-sense management, as we do in our personal business. Arbitrary contrived structures are laid over the business. Each structure has its own set of conventions, definitions, and standards. Added together this produces an inconsistent hodge-podge of conventions, definitions, and standards that are applied separately for organization, planning, processes and systems, accounting, administration, IT architectures, performance management, reporting, and other parts of enterprise management.

Rule No 10 of 21st Century Management: Employ 21st Century Management conventions and standards

The 21st century business must avoid the problems inherent in 20th century management. This is done by organizing the business with R-pM for 21st Century Management. 21st Century Management uses one set of conventions, definitions, and standards that are applied to the actual business and used for all management organization, planning, directing, control, and reporting. Common conventions, definitions, and standards enable business collaboration and education, solutions, and services that can be applied to any business.

R-pM provides one consistent set of conventions, definitions, and standards for 21st Century Management

21st Century Management conventions, definitions, and standards are defined, updated, and maintained in the R-pM Toolkit to support the application and use of R-pM. The conventions, definitions, and standards can be followed by any education institution, solution developer, or service provider to meet the needs of any 21st century enterprise [more...]

The one business decision: What result to produce and what capital to utilize?

March 13th, 2008

Actual business decisions are not supported by 20th century management

All business decisions involve what do we want to accomplish in the business and how do we accomplish it. Each business decision is: A specific output result is to be produced and specific capital in human and other performance solutions are to be utilized.

20th century management used today does not support management decision-making. Decisions are implemented through an organization structure, decisions are executed through business process, information system, and function structures, decisions are tracked through an account, costing, or quality structure, decisions are reported through financial statement, performance management and other reporting structures. The actual decision is lost in the maze of overlaid structures.

Results produced and capital utilized as performance solutions must be managed to implement, track, and measure management decisions

We can manage decisions made only if we implement, execute, track, measure, and report each specific result to be produced and the human and other capital utilized as performance solutions. We want to know the value of the result produced, the cost of performance in producing each result, and the value added and other direct impacts of the decision on the business.

Organize the business with R-pM to manage all business decisions

Result-performance Management (R-pM) organizes business results produced and capital utilized as performance solutions to produce each result. Management decisions are directly implemented, executed, tracked, measured, and evaluated. Good decisions are identified quickly and built upon. Bad decisions are identified quickly and changed. The business is flexible to quickly implement and change decisions to keep ahead of the competition [more...]

Rule No 9: Collaborate to maximize shared value and minimize shared costs

March 10th, 2008

Effective business collaboration is prevented by 20th century management

Each enterprise today lays a different collection of structures over the business, and each structure defines the enterprise differently and captures inconsistently-defined data against the various structures. The 20th century method of business collaboration is for businesses to lay the same process, information system, or data reconciliation and information reporting structure over the business. This is very expensive and still does not provide a satisfactory solution, since none of the collaborators actually organizes or manages the business.

Rule No. 9 of 21st Century Management: Collaborate to maximize shared value and minimize shared costs

Effective business collaboration and outsourcing requires that the business of each collaborator be managed. If the business is managed, there are common definitions, value creation, performance costs, and quality levels that can be managed for each business and across businesses. 21st century management requires that businesses be managed to enable collaboration by maximizing shared value and minimizing shared costs.

R-pM is one simple business structure used by all businesses to enable collaboration and integration

Result-performance Management organizes the business for 21st Century Management to define the results, result quality, result value, result costs, and result value-added across the business. The capital utilized to produce each result is defined as performance solutions to know performance costs against the result. The business structure can be managed within a business or across businesses to create result value-quality chains where each result is produced for the highest value and quality for the lowest cost [more...]

Rule No. 8: Manage human personnel, capability, and knowledge capital to increase human worth

March 3rd, 2008

20th century management administers human resources as employees

20th century management administers human resources and is unable to manage human capital as capital utilized by the business. The business is not organized to produce specific economic output results and human capital is not organized as capital, within the full set of capital utilized to produce the results. Human capital management addresses general human resource development, rather than specific development to add value to the business and increase human capital worth.

Rule No. 8 of 21st Century Management: Manage human personnel, capability, and knowledge capital to increase human worth

Human capital must be managed as readiness capital to keep personnel ready to produce results, production capital to provide the capabilities to produce specific results, and information capital to provide the knowledge required to produce high value-quality results. The objective of human capital management must be to increase human capital worth by producing results of higher value to the business.

R-pM organizes the business to utilize human capital to produce business results

Result-performance Management (R-pM) organizes the business to utilize human and other capital in performance to produce high value and high quality results. Human capital is maintained to be ready to produce results. Human capital is developed as capability solutions to utilize specific business processes to produce specific results. Human personnel and capabilities also are supported with the knowledge needed to produce specific results [more...]

Organize with R-pM for 21st Century Management

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