Logo: Feedburner Archive for October, 2008

Businesses, support, economies, and governments benefit from a Business Management Program

October 23rd, 2008

A Business Management Program benefits all participants

R-pM is a breakthrough to new competitive advantages. R-pM is implemented best as part of a coordinated Business Management Program to assist enterprises within a nation or region to organize and manage their businesses. The Business Management Program also promotes support from local management consultants, business service providers, professional associations, software and solution providers, accounting and audit firms, education institutions, and government business promotion and regulatory bodies. The Business Management Program instills confidence that beneficial longer-term measures will solve problems and prevent repeats. All participants gain in improved business management and new competitive advantages of R-pM and 21st Century Management.

R-pM opens new opportunities for professional services and business software and solutions

R-pM implementation to date is piecemeal in certain forward-looking enterprises in various countries. The financial crisis has created a surge of interest in R-pM from enterprises, consultants, and solution providers. The interest in R-pM and Business Management Programs creates opportunities for service and solution providers to use R-pM as a basis for 21st Century Management consulting, services, and solutions. R-pM users will be seeking services and solutions and R-pM will provide a directory of licensed R-pM consultants and solution providers. More enterprises will adopt R-pM to compete with managed businesses. This provides open-ended opportunities for 21st Century management consultants, solutions, and services.

Governments, industries, and businesses improve economic management

20th century management prevents Governments from understanding and managing economies, industries, markets, and businesses as part of one consistent and manageable structure. R-pM provides one uniform business structure to manage all economies, industries with an economy, businesses with an industry, and result sets within a business in terms of results produced and capital solutions utilized. Economies are viewed as result and capital solution supply and demand and individual result and capital solution markets. Business management reporting supports economic and financial management. Economic result and capital solution surpluses and shortfalls can be forecasted and resolved. Future business, financial, and economic crises are prevented and business and economic cycles are managed. [more...]

All Financial and Governance Crises arise from failure to manage the Business

October 13th, 2008

The current financial crisis is caused by failure to manage capital worth as part of the business

Governments encouraged creation of mortgage securities to enable banks to loan more money and poorly-secured mortgages to enable low-income earners to own homes. Investment banks bundled mortgages to sell as capital investment security solutions, with unsubstantiated "asset value" or, in business terms, capital worth. A dangerous situation grew as housing prices spiraled up, while the actual worth of capital investment solutions decreased, but could not be managed by 20th century management or detected by 20th century accounting. The unaccounted for and unmanaged decline came to light as borrowers defaulted and suddenly we have a world financial crisis. The financial crisis shows the very serious unsolvable problems and significant financial losses incurred in the way all business are managed today that are explained in every article in 21st Century Management Magazine.

Now is the time to replace 20th century management with R-pM to ensure proper business management and prevent future crises

All financial and other business crises are caused by poor business management. The good business management needed is prevented by 20th century management used by all government, financial, and other enterprises today. The only solution available is to enable good business management with Result-performance Management (R-pM) by clearing away 20th century management structures laid over the business and managing actual business data and utilizing actual business management information. Specific capital solutions invested in the business and capital solution investments by the business must be managed for value-creation, costs of utilization, return on investments, and changing capital worth that is not managed today. Now is the time for governments, financial institutions, corporations, and other enterprises to wake up to fundamental management problems and institute the only solution to organize and manage the actual business. [more...]

The only Way to prevent a Business Financial Crisis is to manage the Actual Business

October 9th, 2008

20th century management used today does not organize or manage the business

Corporations, banks, and other enterprises do not organize the business, but lay a contrived enterprise organization structure over the business producing unsolvable reorganization and other problems, preventing business management, requiring other rigid structures for enterprise management, and causing enormous unknown financial losses.

Result-performance Management provides the means to organize and manage the actual business

The business organization must be professionally-managed capital that structures the actual business. When the business is organized the business can be managed. Result-performance Management (R-pM) organizes the actual business so management can plan and manage the actual current and strategic business and utilize actual business management information to foresee and avoid problems and improve business profitability significantly. R-pM enables owners and shareholders to know actual capital development, capital utilization in performance, and results produced leading to shareholder value results.

R-pM provides the transparent business structure for accounting, auditing, and government regulation

R-pM enables accountants to record actual result value, performance costs, capital worth, and investment returns; enables auditors to evaluate result value creation, examine capital utilization, and assess capital and overall business worth; and enables governments to regulate transparent business management. The only way to provide proper business management, professional assessment, and government reporting to prevent financial and business management crises is to organize and manage the business with R-pM. [more...]

Business Owners and Investors must lead the way to 21st Century Management

October 2nd, 2008

Business owners and investors are the big losers from the financial crisis

Corporate management may have lost out on some big bonuses and property owners may have to wait for the worth of their properties to recover. But, the business owners and shareholders have lost on their investments due to the continuing failures of obsolete 20th century management. They have invested in corporations and institutions that are unable to manage their business in the costs and planned worth of investments, the cost and effectiveness of specific capital solutions utilized in performance, the value and quality of results produced from performance, and the historic return and future solution worth from the value added to results. These failures cause the continuing cycle of corporate management problems.

Business owners and investors face growing risks from poor management

Corporate executives are burdened by lifetimes of misleading management teachings and experience and have no real incentive to change. The incentive and responsibility for change lies with the business owners, shareholders, and board representatives, who must demand change to 21st Century Management with R-pM. The risk of no change is twofold 1) in continued poor corporate management and another cycle of problems, and 2) the significant advantages to competitors now organizing their businesses with R-pM.

R-pM gives enormous competitive advantage for minimal investment and risk

R-pM is mainly a change in thinking, which requires time to take hold. The existing business is gradually redefined into result value-quality chains and one integrated business structure. Obsolete structures laid over the business and unsolvable 20th century management problems are gradually abolished.

As the enterprise learns R-pM, implementation accelerates and the competitive advantage of R-pM increases until the complete business is organized for 21st Century Management.

Business owners and investors must lead the drive to use R-pM

Business owner and investors gain the most by being among the first to use R-pM, and lose the most to competitors using R-pM. They must ensure that their enterprise is not burdened by unsolvable problems and high cost overlaid structures, while competitors use R-pM to take away markets and profit [more...]