20^th century enterprises do not manage the business, so capital development cannot be managed as part of the business. Capital development develops new capital as performance solutions to create value in new or improved results. 20^th century enterprises do not manage their capital and do not manage their results. So, capital development is managed as an isolated undertaking. This makes it difficult to manage the relationship between the project and the business, gain business user acceptance of new solutions implemented, and plan and measure return on the capital development investment.

Result-performance Management (R-pM) is a new project management breakthrough. R-pM organizes the operational results produced and performance solutions utilized as one Enterprise Business Structure. This provides the framework to describe and plan the new result value to be created, and to describe and plan the new capital in performance solutions needed to create new result value.

The new enterprise results and performance solutions to be developed are set up as Project Results in the Project Business Structure. Internal and external capital assigned to the project is managed as specific Project Performance Solutions to produce specific Project Results. The new enterprise results and performance solutions are developed, documented, and implemented as specific project results.

The project is closed out as project results are put into operation as new enterprise results and enterprise performance solutions in the developed Enterprise Business Structure. The new solutions are utilized to produce new result value over the payback period to provide the return on the capital investment [more...]

Most 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...]

The Business Change Forum presents a page Problems/Solutions, which many have found an enlightening summary of Result-performance Management (R-pM). The page is presented in this article for readers of 21^st Century Management.

The first step to 21^st century management is to recognize the problems with 20^th century management. The 20^th century enterprise works around many business organization and management problems that are accepted as normal business practice. The article summarizes a few of the problems and introduces the R-pM solution to organize the business for 21^st century management and leave the 20th century problems behind. [more...]

The many development project management methods cannot plan and develop specific project benefits, capture development costs for specific performance solutions, nor measure development costs against actual result value-added to find the return on investment.

Rule No. 7 of the 10 rules of 21st century management is Manage Investments to gain a planned result value return. The enterprise cannot manage benefits unless the specific results to be produced by the developed capital are organized and managed. The enterprise cannot manage costs to know return on investment, unless the specific performance solutions being developed are defined and managed.

R-pM uses unique bottom-up Result-performance Development to develop both the costs and benefits of development, so that they can be tracked into operation to provide the planned and managed return on investment.

R-pM provides a business structure for capital development project results produced and performance solutions utilized for effective project management and to capture of costs of new solutions developed as project results.

Do not attempt any capital development project without studying and understanding the benefits of R-pM. [more...]