The new Corporation, Industry, Financial, Market, and Economy Structure the World needs; the Business

Governments recognize the need for a new structure for business, financial, and economic management

In response to the economic crisis, governments around the world have cited the need for new best business management practices and new structures for business, financial, and economic management. Conventional thinking in terms of today’s 20^th century enterprise management assumes that new business practices and management structures are laid over existing business practices and structures. Conventional 20^th century management thinking will never solve the problem. Even with new practices and structures, we will still be hampered by the problems that remain unsolved, and the absence of actual business data on business economic output results and business investments in specific capital solutions.

Governments need to organize businesses to eliminate the fundamental problems that cause the crisis, and to establish one unifying structure that can integrate all businesses, industries, financial systems, markets, and economies of the world, and that can be automatically updated with complete and accurate business data generated by all business and consumer activity as it happens around the world. The unifying structure updated with complete and accurate business data will provide businesses, multi-business corporations, business and industry associations, governments, and international bodies the tools to manage markets, trade, financial systems, and economies to anticipate and prevent future crises.

Business management consistently defines results and capital solutions in one business structure for collaboration and integration

Business management organizes any and all businesses with one common business structure for 21^st century business management. The business structure provides consistent codes, categories, and classes for all investments in the business as specific capital solutions. The business structure provides common groups and coding for economic output results produced by every business. Standard business descriptors can be used for business locations, economic sectors, market segments, customer or consumer classifications, planning time periods, and etc. Best business management practices are used to utilize the set of capital solutions implemented to produce the highest value and quality result. A multi-business corporation is managed through the consolidation of all businesses within one corporate business structure.

Once the businesses are organized, best business management practices can be extended to manage collaboration among managed businesses to utilize consistently-defined solutions to produce results in a result chain; or to integrate the business with supplier and customer businesses for efficient extended result value-quality chains. Best business management practices can be extended to manage markets for demand by final customer result, and supply by input result and capital solution.

The business provides the structure to unify businesses, financial systems, markets, and economies

Business management provides the new structure required for business, financial, and economic management. Goods and services are produced as output results acquired by the consumer or business customer. The 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 and markets within the economy are essentially output result and capital solution result supply and input result and capital solution 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. One set of consistent, complete, and accurate business data, not captured today, can be generated and captured by each business. Additional consumer, market, trade, labor, stock, and economic statistics can be compatibly structured for a complete picture.

The common business structure, applicable to every business, organizes and manages results across economies, industries within economies, businesses within corporations and industries, result sets within businesses, and results within result sets. Business management categorizes and classifies solutions at the economy, industry, business, result set, and result levels. The businesses in an industry or economic sector consolidate up a business structure for the industry or economic sector. The financial industry and sector business architectures are used to regulate and oversee to prevent future financial and economic problems and crises.

Markets can be managed as input results and solutions needed and output results provided to businesses and consumers

Markets are managed by result produced and input result and capital solution result demand. Consistently-coded results and capital solutions provide a basis for complete market management. Individual markets are organized and analyzed by business result definitions for results provided to customers, and business capital solution definitions to understand business demand and business and consumer supply. Markets are related to business structures and can be updated directly by business data and supporting statistics. Markets can be analyzed from many perspectives to anticipate situations, such as potential surpluses and shortages.

The financial system is managed through the financial industry structure and financial solution capital management

The finance industry business structure can be managed for financial input results and financial product results. Financial investment asset solutions to produce income and growth results and liability solutions to finance the business can be managed across the industry. The worth of capital solutions can be regularly assessed and updated, according to new guidelines to prevent unknown “asset value”. Financial products can be regulated as output results of described income result and disposal result value to enable customers, who purchase them as investment solutions, to manage the solution worth.

General business finances are managed as financial facility and cash supply solutions required for an economy, industry, business, or result. Financial requirements and availability can be managed through financial management solutions across all businesses to assist money supply and interest rate policy.

The structures are updated directly by business activity

Governments are able to integrate businesses and industries in the economy business structure. Information technology can provide the basis for automated reporting and feedback through common business structures and coding. Governments can have businesses report in real time to build up a complete picture of markets, industries, and the economy. Reporting could include result plans by future time period. Economies with managed businesses become comparable and build up into a bigger picture. The business structure can be manipulated and presented in many subsets and viewpoints. The economy, market, and industry business structures supports a new set of best practices for business, financial, market, and economic management based on consistently-managed and comparable businesses.

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

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.