Archive for July, 2008
Eliminate 20th Century Accounting Problems through 21st Century Records Management
July 31st, 2008Today we have many generally-accepted accounting problems
Accounting is a major problem in the 20th century enterprise. Management is faced with generally-accepted accounting problems. Financial records are missing for much of the business cycle. Management financial information is inconsistent, inaccurate, and incomplete. Many well-known problems like intangible assets, unknown costs, unknown capital worth, unknown investment returns, unknown value creation continue unsolved. Accounting is often equated to records management. Most enterprise non-financial records are scattered, missing, and mismanaged.
R-pM builds professional records management to manage all financial and non-financial facility records capital
Result-performance Management (R-pM) builds professional records management to provide complete financial and non-financial facility record capital solutions for 21st Century Management. R-pM manages the full business cycle to keep accurate records on all performance costs, performance effectiveness, result volumes, result quality, result values, result value-added, tangible and intangible assets of positive capital worth, liabilities as specific solutions of negative capital worth, and accurate enterprise business net worth. R-pM provides one set of accurate management information on the strategic, planned, actual, and historic business. [more...]
Result-performance Management: Three Dimensions of 21st Century Management
July 28th, 2008Today's enterprise cannot manage the business in capital, performance, or results
Today’s enterprise cannot manage the business, since organization, process, account, activity, human resource, and other rigid management structures are laid over the actual business. The business consists of capital invested as solutions in the business, business performance in the utilization of capital solutions, and output results produced by business performance. Structures laid over the business conflict with the real changing business causing unsolvable 20th century management problems.
Capital, performance, and results must be organized to organize the business
Result-performance Management (R-pM) organizes the business for 21st century management. R-pM organizes capital as business, human, facility, and management solutions. R-pM organizes results to produce revenues, manage and support capital, and manage and develop the current to strategic business. R-pM organizes performance to utilize specific solutions to incur costs to produce value in a result.
R-pM manages the business in three dimensions: result, performance, and management
R-pM manages results produced across the business to provide value and quality to customers and reach revenue result goals. R-pM optimizes performance for each capital solution utilized to produce results to provide high-worth solutions that produce result value and quality at a controlled cost to reach profit margin result goals. R-pM provides management over time to manage and collaborate in value-quality chains, to plan and manage capital development and result value-added benefits, and to govern the business to reach strategic value result goal [more...]
R-pM Principles for Competitive Differentiation and Advantage
July 24th, 2008All enterprises are burdened by 20th century management problems today
Enterprises can compete today, not because they are efficient and effective, but, because they are all inefficient and ineffective. All businesses today lay organization and management structures over the business that conflict with the actual business and cause unsolvable problems that can never be solved by laying new structures over the business.
The first to organize the real business for 21st Century Management gain significant competitive advantage
The business consists of three components: capital investments made in the business in specific capital solutions of developed worth, output results of value and quality that must be produced for business success, and performance in the utilization of specific solutions to incur costs and provide effectiveness to produce specific results. R-pm organizes the business for 21st Century Management to provide immediate competitive advantages.
R-pM manages capital worth and performance to minimize costs and maximize result value-added and quality across the business
With R-pM all management and personnel know the solutions they must utilize effectively and the value and quality they must produce in results. Capital is developed only to increase result value-added and the worth of human and other capital. Result value-added and quality are managed along the chain to produce high value-quality customer results. The actual business is managed to quickly change capital utilized and results produced and to integrate with suppliers, business partners, and customers for shared value-added. R-pM provides measurable competitive differentiation and advantage not possible today with 20th century management. [more...]
Comprehensive Financial and Capital Management with R-pM
July 21st, 2008Financial management used today has never solved financial management problems
Why do we have unsolvable financial management problems like intangible assets, unknown costs and value, distorted capital worth, un-managed investments and returns, and ill-informed corporate governance? The problems exist because we do not organize and manage the business and we do not organize and manage the capital utilized in the business. Financial management of cash and accruals does not provide accurate business financial management, and is separated from other tangible capital creating capital management problems.
R-pM manages financial and other capital as part of the business
The solution is Result-performance Management (R-pM) to organize the business and the capital utilized for 21st Century Management. Financial facilities are part of facility capital that manages traditional tangible assets. Financial management is part of facility capital management to integrate and manage all facility financial and equipment assets, facility supply, and financial and non-financial facility records. R-pM eliminates unsolvable financial management problems and manages and reports all financial and other capital as part of actual business operation and development.
R-pM develops specific capital solutions, utilizes all solutions to produce value in results, and manages all investment returns
R-pM provides comprehensive facility capital management to manage all financial and non-financial reusable facility equipment, consumable facility supply, and facility record capital to produce value in results. R-pM manages all capital as part of the business to be developed and supported, and to be utilized in performance to produce output results of value. R-pm uses information technology to manage all capital solutions to know capital worth, development costs, un-amortized balance, performance costs, attributable result value-added, and return of the solution investment. [more...]
Organize the Business, then deploy Human Capital
July 17th, 2008Re-organizations are unnecessary 20th century management problems
Re-organization, one of the top 10 problems of 20th century management, occurs because we organize people and power, and not the business. If 20th century business organization methods organized the business, the organization would change with business change.
The organization structure is the fatal error that prevents business organization and management
The organization structure is not a management prerogative or political football. The business organization is a business capital solution that provides the foundation for 21st century management. Once an organization structure is laid over the business, the business cannot be organized or managed.
Use R-pM to organize the business for 21st Century Management
Organize your business results, your capital investments in solutions, and utilization of solutions in performance to produce results. Then deploy human capital, where they are qualified to manage and produce results, for 21st century management, and leave 20th century re-organizations and other unsolvable problems behind. [more...]
Take the Mystery out of Business Change
July 14th, 2008Business change is a mystery because the business is not managed
Business change is a mystery in 20th century management today with “intangible assets”, “unknown costs”, unmanaged value, and “ad-hoc projects”. In order to manage change to the business, the enterprise must first organize and manage the business to manage all capital solutions utilized in performance to produce specific results.
"Business change" does not change the business, but changes structures laid over the business
20th century "business change" changes organization, business process, information system, account, and performance management structures laid over the business. The actual business lies buried under the structures and changes continually with each result or capital solution change. "Business change" is periodic to align overlaid structures with the business and to lay new structures over the business.
R-pM directly changes an organized business as part of the daily routine
Result-performance Management (R-pM) organizes the business to take the mystery out of business change. R-pM manages the results and capital solutions that change day to day to continually reorganize the business. Business change projects use R-pM to implement specific new capital solutions to add value to specific results, provide effective project management, set operational responsibilities for results against goals and solution performance against expectations, measure the return on change investments, manage costs arising from change, manage solution and business worth, and enable beneficial business change management consulting services. [more...]
Is your Capital Worth Restricted by Conventional Thinking?
July 10th, 200820th century management problems can never be solved by conventional thinking
Unsolvable problems of 20th century management with reorganization, alignment, costs, value, worth, investments, returns, intangible assets, complexity, etc are well known. Solutions are prevented by conventional thinking that allows only incremental improvements in the way that things have always be done and prevents the breakthrough needed to find a new way to do things to actually solve the problem.
Conventional thinking limits the worth of individual human capital
People need to go beyond conventional thinking to gain new capabilities and knowledge to increase their worth by producing higher value results. But conventional thinking prevents this, because the enterprise has never managed human personnel, capabilities, and knowledge as capital, never developed human capabilities as solutions to produce results, never managed result value created, and never managed the worth of human capital.
All the enterprise needs to do is to organize the business for a base of new conventional thinking in the 21st Century
But the enterprise cannot organize the business, the activity of providing goods and services, because it is not the way things have always been done. High-worth human capital must go beyond conventional thinking to support R-pM and gain the advantaged of managing human capital worth with R-pM. If you can go beyond conventional thinking and increase your own human capital worth look at using Result-performance Management to organize the activity of providing goods and services for 21st century management, and provide a new base for conventional thinking in the 21st century. [more...]
How to Gain Competitive Advantage in the 21st Century
July 7th, 200820th century management does not provide competitive differentiation and advantage for the 21st century
Management structures laid over the business in today’s enterprises cannot create competitive differentiation and advantage from utilization of technology, the Internet, and intellectual capital. A new business structure is required to enable competitive advantage in the 21st century. The obstacle is conventional thinking that prevents a complete new definition of the business and continues to improve obsolete management structures laid over the business.
The 21st century presents new requirements for competitive differentiation and advantage
In the 21st century, business competition and collaboration can come from anywhere in the world. Competitive differentiation and advantage in the 21st century requires that the business is simplified for fast and flexible change, is organized to utilize technology effectively and enable business communication and collaboration, and is managed to provide customer value and quality.
R-pM provides significant new competitive differentiators and advantages for the 21st century
21st century competitive differentiation and advantage is provided by Result-performance Management (R-pM). R-pM uses information technology to organize the actual business for significant competitive advantage in the 21st century. R-pM organizes business capital invested, performance to utilize capital, and output results produced to provide competitive differentiation in high value and quality customer results. R-pM makes the unorganized business burdened by overlaid structures a distinct competitive disadvantage in the 21st century. [more...]
Result-performance Management is the Final Business Transformation
July 3rd, 2008"Business Transformation" has never organized or transformed the business
"Business Transformation" brings shudders to many managers, who went through Business Process Re-engineering (BPR) and Enterprise Resource Planning (ERP) only to find that they spent a lot of money for different problems and limited benefits.
The problem was that "business transformation" did not transform the business. Transformation changed enterprise organization and management structures laid over the business. The enterprise business, the activity of providing goods and services, still was not organized or managed before or after the "business transformation".
The one "business transformation" is the transformation from enterprise management to actual business management
Enterprises need only one real business transformation to organize and manage the business with Result-performance Management (R-pM). Once the business is organized and managed through one business structure, there is never a need for business transformation, since the business organization changes naturally with business change. [more...]


