Rule No 10: Employ 21^st Century Business Management Conventions and Standards

20^th century enterprise management has no consistent conventions, definitions, and standards

20^th century enterprise management, used by all enterprises today, lays a wide variety of organization and management structures over the business, and, therefore, cannot manage the business. A different set of conventions, definitions, and standards is used for each of the structures laid over the business. The many 20^th century enterprise management books contain different conventions, definitions, and standards. The many different business processes, information systems, IT architectures, costing and accounting, performance reporting, and administration structures each have their own set. The enterprise employs a wide variety of conventions, definitions, and standards to manage the enterprise, rather than one limited and consistent set to manage the business.

20^th century management does not support common solutions, collaboration, or measurement across enterprises

The lack of consistent conventions, definitions, and standards prevents business collaboration and integration, common solutions that any enterprise can use, business measurement for comparison across enterprises, common learning that can be applied to any business, educated and trained personnel that can fit into any business, and other long-unfulfilled business needs.

Rule No 10: Employ 21^st century business management conventions and standards

Rule No. 10 of 21^st century business management eliminates the problems of conflicting and confusing business conventions, definitions, and standards by providing one set related to directly organizing and managing the actual business. Conventions and standards are based on one consistent definition of the business as “investments in capital as solutions of worth utilized for cost and effectiveness of performance to produce value and quality in results”. Precise definitions are provided for all other terminology utilized directly in a business. Terminology that is not related to the actual business and conventions and standards established to maintain structures laid over the business are not continued.

21^st century business management provides one set of consistent conventions, definitions, and standards for the actual business

21^st century business management is documented in the knowledge and procedures provided by Result-performance Management (R-pM). The main documentation of 21^st century business management is the R-pM Business Management Toolkit, which includes conventions, definitions, and standards related directly to managing the business.

The conventions, definitions, and standards will evolve into a consistent set as 21^st century business management is put in to practice in more and more enterprises. Many 21^st century business management conventions, definitions, and standards are explained in articles here in 21^st Century Management Magazine. The ten rules of 21^st century business management provide the foundation for 21^st century business management conventions. The official set of 21^st century business management conventions, definitions, and standards is maintained in The R-pM Business Management Toolkit.

21^st century business management enables consistent learning, applications, solutions, and services

21^st century business management provides a consistent set of conventions, definitions, and standards that can be used for business management education, training, solution development, and service development. Personnel educated in business management can work seamlessly in any enterprise that uses R-pM knowledge to organize and manage the business. Solutions and services developed following 21^st century business management conventions and standards can be applied to any organized and managed business. As 21^st century business management expands there will be a growing demand for personnel, solutions, and services that support business management by adhering to 21^st century business management conventions, definitions, and standards.

21^st century business management enables business integration, collaboration, consolidations, and acquisitions

21^st century business management conventions, definitions, and standards are applied across businesses to provide a structure for measuring and understanding the business. Business operations are comparable among enterprises so that performance can be benchmarked and businesses can collaborate to meet understood result requirements and solution specifications. Capital development is comparable among enterprise, so that contractors can work with the enterprise easily. Business reorganizations and consolidations are facilitated within a common business structure.

21^st century business management conventions, definitions, and standards support natural business organization and common-sense management

Arbitrary and contrived 20^th century management that is contrary to common sense and must be learned and remembered is eliminated. The natural business is organized to apply common-sense management. 21^st century business management conventions, definitions, and standards reinforce common-sense and are understood in the business context. Applying common sense will solve most business management problems. 21^st century business management decisions boil down to results to produce and capital solutions to utilize. Common-sense business management is supported by The R-pM Business Management Toolkit which includes and maintains 21^st century business management conventions, definitions, and standards.

Result-performance Management (R-pM) provides the knowledge for actual business management

Result-performance Management (R-pM) is the only source of knowledge and expertise on how to manage the actual business. Forward-looking enterprises are now using R-pM guidance to organize and manage their business to gain breakthrough advantages over competitors burdened by unsolvable 20^th century management problems. Business management is explained and documented in the Business Management Toolkit. The Toolkit provides procedures for actual business management and maintains emerging 21^st century management conventions, definitions, and standards. Management consultants who base 21^st century business management services on R-pM knowledge are licensed to help enterprises learn, organize, and manage the actual business. Business management knowledge and the Business Management Toolkit are available and supported today at result-performance-management.com.

The Solution to the Economic Crisis is explained in free downloads

Three free white papers explain the dead-end 20^th century management problems, such as the failure to plan, account for, and manage the actual business, that caused the economic crisis, the way to eliminate the problems, and a government program to address the crisis by stimulating the economy, solving the problems, building a structure for financial and economic management, and organizing local businesses to flourish in the eventual recovery.

• How to Eliminate Problems that caused the Economic Crisis explains the major unsolvable 20^th century management problems and the solution to eliminate the problems
• Business management; the only Solution to the Economic Crisis explains how to plan and manage the business to capture business data and provide management the information needed for actual business, corporation, industry, and economic management
• A Government Business Management Program to Answer the Economic Crisis outlines a government program to encourage business management, stimulate the economy, restore confidence, organize businesses to flourish in the recovery, and manage economic cycles to prevent future crisis

These three white paper downloads are available to R-pM Community Members at result-performance-management.com. There is no cost or obligation to join the R-pM Community. Join by entering your email address and personal password. Your email address is protected and used only for download problems, product updates, and occasional R-pM Member news and white papers.