A nation benefits in competitiveness, new markets, professionalism, and economic growth
The main beneficiary from a Business Management Program is the nation that leads and participates. The Business Management Program sets up enterprises, markets, industries, and economies to be managed as a business, improves the profitability and competitiveness of local businesses in the world economy, improves management and staff capabilities to work in any 21st century business, creates new markets for 21st century products and services provided by local businesses, raises professionalism and standards in business accounting, auditing, quality, productivity, human capital and other business solutions, and provides for consistent and effective government policies and regulations for business, revenue, and economic management. Education institutions that participate are able to provide the business management capabilities needed for continued growth. A business management base is established for new investors to find management, staff, collaborators, and support services for 21st Century Management. The nation develops an image as a leader in business management and result quality and value.
Businesses become more profitable and competitive, and less risky
Local businesses eliminate the burdens of 20th century management problems and manage the actual business to reduce costs and focus on managed customer value and quality. Profits and shareholder value are managed day to day as business results. Businesses manage risk as part of the business and manage the business in concert with the economic cycles and changes that affect all businesses. Businesses increase competitiveness in the increased value-added provided and the capability to integrate with customers’ managed businesses. Businesses are supported by services and solutions that are designed specifically for the business. The business has one transparent business structure which is used for all reporting and management, and to relate the business to markets, an industry, or an economy. Performance problems are foreseen and prevented or quickly solved should they occur. As long as the business plans viable and marketable strategic results, the business is managed smoothly and all efforts are directed toward the bottom line.
Professional associations and firms base new principles and in-demand services on business management
Professional associations can take the lead to define and adopt new principles for real business management and control. Professional firms have a structure for a new range of 21st Century Management services. R-pM consultants and business and financial service providers provide new services scoped by the business and leading to measured and shared result value-added. Accounting and audit firms are able to understand and provide accurate representations of the actual business. Quality and productivity associations provide new management for result quality and volumes and solution effectiveness and utilization. Universities and education institutions provide 21st century business management education for a new generation of business leaders. The solutions and capabilities developed remain in continuing demand.
Solution providers have a new world-wide market for standard 21st century solutions any business can use
Software firms, information providers, equipment providers, course developers, human capital developers and providers, and other solution providers have a business framework to design, develop, and provide a new set of standardized capital solutions that fit into the capital structure and can be implemented by any business to produce specific results. Software solutions are needed for a Result-performance Management System to facilitate R-pM implementation and manage the business following specific R-pM concepts. Software, data, record generation, tactics, capability development, and knowledge solution modules that can be flexibly assembled into a multi-business result chain system are required for each business result and the capital solutions utilized. Information providers produce data, knowledge, and intelligence solutions that fit into the business and can be utilized to manage and produce results. Equipment providers can provide automation features to integrate equipment in a chain and with other solutions, provide quality and value flexibility, and monitor and record results produced. Course developers have a vast new opportunity for courses and tools to develop specific human capability solutions required to produce specific results. Human capital developers and providers develop, organize, and hone humans as capabilities to produce results to meet specific business needs. Many other tools and solutions can be developed to meet other result needs by result group or industry. The opportunities are open-ended, since 21st Century Management is the next and final “business transformation”.
Governments are able to monitor and manage business, finances, and the economy to prevent downturns
Goods and services intended as input results or as capital solutions are produced as output results acquired by the customer. An acquired result can be used by the customer as input to be transformed by the enterprise or personal business, or can be implemented as a capital solution investment to be utilized to produce other results. The economy is essentially capital solution result and output result supply and capital solution result and input result demand. The complete economy can be viewed and managed as result demand and production, and capital solution demand and availability. Governments and businesses can view and manage the business or collective businesses as part of an industry, national, regional, or world economy. Specific results and capital solutions are viewed as individual markets.
Governments can support businesses with economic information and can tailor business reporting to support economic management. Shortfalls and surpluses can be forecasted and resolved. R-pM provides a common business structure to view, understand, and manage results across economies, industries within economies, businesses within industries, result sets within businesses, and results within result sets. R-pM provides categorized and classified solutions required at the economy, industry, business, result set, and result levels.
Finances are managed as financial facility and cash supply solutions required for an economy, industry, business, result set, or result. Financial investment asset solutions to produce income and growth results and liability solutions to finance the business are managed further as a sub-set to assist money supply and interest rate policy.
Governments leading and participating in “Business Management Programs” gain significantly in economic development, improved business environment, increased revenues, improved financial management, and improved economic management. The Business Management Programs provide the foundation for new or improved international economic and financial structures based on organized and managed businesses, industries, markets, supply, demand, and economies
A Business Management Program is supported at Result-performance-Management.com
Result-performance-Management.com is the home site for information, support, and downloads for Result-performance Management. The R-pm Toolkit provides the concepts and procedures for R-pM and documents 21st Century Management conventions, definitions, and standards. The R-pM Toolkit subscription covers all future updates and additions and is provided at a nominal price to encourage wide-spread use of R-pM. Join the R-pm Community for free to access support information and downloads on R-pM. A free thirty-page download “A Business Management Program to Answer the Financial Crisis” is available to R-pM Community Members at Result-performance-Management.com.
