Many socially-responsible enterprises are looking for methods to utilize capital assets effectively to reduce waste, conserve energy, and provide an innovative work environment. The basic way to do this is to directly organize and manage the business in the utilization of capital assets to produce valuable economic outputs in business results. Result-performance Management (R-pM) organizes the business for socially-responsible 21st Century Management
R-pM directly manages capital assets to produce results
R-pM replaces administration with capital management and organizes all tangible and intangible capital assets as specific performance solutions to be utilized to produce specific business results. All capital is organized to be professionally-managed by those with the capability. All capital is utilized effectively to prevent waste, reduce costs, minimize performance, and maximize the value and quality of results, . All performance costs and captured and charged to the result value produced from the performance. Performance capital not required is placed with another enterprise that can make use of the capital.
R-pM reduces overheads and waste
20th century management produces enormous overheads and waste by laying multiple organization and management structures over the business, rather than organizing and managing the business directly. 20th century structures predetermine the results that can be produced by the business and restrict business flexibility. They mix results and performance together and prevent direct business management.
R-pM rationalizes 20th century management structures laid over the business into only the performance needed to produce a result directly. R-pM organizes business results in a flexible result structure so that new results can be produced, completed results can be closed, and performance solutions can be redeployed easily. Many related results form a natural result value-quality chain. Performance solutions producing each result are designed result by result so that results can be added or closed easily. Business processes and information systems are rationalized gradually into business-system processing modules to produce each result, result by result. The overall business is managed by a simplified Result-performance Management System to manage current and strategic results, performance solutions, capital, enterprises, business descriptors, and time periods for direct and applicable business management information.
Eventually the multiple organization, business process, information system, accounting, administration, performance management, and other structures with their overheads and added processing are reduced to the simple solutions needed by the business to produce an essential result directly.
R-pM manages energy utilized to produce results as facility supply capital
R-pM manages all consumable assets as facility supply capital with the objective of reducing cash, supplies, energy, utilities, etc consumed and increasing result value-added. Energy and utilities are forms of consumable supply that are charged to results, normally a set of results being produced at a managed location. Result managers need to control energy consumed to increase the value added to their results. Supply capital managers look for energy and supply alternatives and ways to reduce the cost of delivering energy and supply solutions to the business.
R-pM manages human capital for high utilization and to develop capital worth
Human capital is organized into personnel capital for each individual utilized to produce results, capability capital for special capabilities required to produce difficult high-value results, and knowledge capital to deliver specific knowledge needed to utilize performance solutions and produce specific results. Human personnel, capabilities, and careers are developed to produce higher value results and increase human capital worth, to justify increased human performance costs. All human personnel solutions have result and performance responsibilities and participate in utilizing capital effectively to produce high value-quality results.
Use R-pM to organize the business for socially-responsible 21st Century Management
R-pM significantly reduces the costs and waste of 20th century management. Capital administration for simple operation or location control, capital lying neglected and little used in a responsibility center, unknown capital that has never been recorded as performance solutions, and capital that is simply labeled as “intangible assets” are eliminated.
All capital is directly operated, developed and managed by professional business, human, facility, and management capital managers. Each category of capital has professional performance managers to provide and support the solutions utilized to produce results. Performance costs, effectiveness, capacity for each solution is managed to maximize the value, quality, and volume of results produced.
Result-performance Management (R-pM) is the future of socially-responsible business management. R-pM organizes and manages the business directly to eliminate wasteful overheads, utilize energy and supplies efficiently, maximize human capabilities, and apply responsible management policies and practices.
