Logo: Feedburner The new business, financial, market, and economic architecture the world needs

By: Harry Greene

Governments recognize the need for a new architecture for business, financial, and economic systems

Governments around the world have cited the need for new best business management practices and new architectures for business, financial, and economic management. Conventional thinking in terms of today’s 20th century management, assumes new business practices laid over existing business practices, and new separate architectures laid over existing architectures. Conventional 20th century management thinking will never solve the problem. Even with new practices and architectures, 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 architecture 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 architecture 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.

R-pM consistently defines results and capital solutions in one business structure for collaboration and integration

R-pM organizes all businesses with one common business structure for 21st Century 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.

R-pM provides the architecture to unify businesses, financial systems, markets, and economies

R-pM provides the new architecture 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.

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The common R-pM business architecture organizes and manages results across economies, industries within economies, businesses within industries, result sets within businesses, and results within result sets. R-pM categorizes and classifies solutions at the economy, industry, business, result set, and result levels. The businesses in an industry or economic sector build up a business architecture 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 are managed by result produced and input result and capital solution result demand.

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

Consistently-coded results and capital solutions provide a basis for complete market management. Individual markets are organized and analyzed by business customer result definitions 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 architecture and financial solution capital management

The finance industry business architecture 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 architectures can be updated directly by business activity

Governments are able to integrate businesses and industries in the economy business architecture. 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 plans by future time period. Economies with managed businesses become comparable and build up into a bigger picture. The business architecture can be manipulated and presented in many subsets and viewpoints. The economy and industry business and market architectures supports a new set of best practices for business, financial, market, and economic management based on consistently-managed and comparable businesses.

R-pM manages businesses, industries, markets, and economies properly to prevent future crises

R-pM is the only way to eliminate unsolvable 20th century management problems and organize the actual business. R-pM is the only way to capture actual business data, which is unknown today, in complete result value, performance costs, result value-added across result chains and businesses, capital investment amounts in specific tangible and “intangible” solutions, capital investment return period by period, updated solution worth period by period, specific solution amortization as solution worth declines, managed solution disposal worth, shareholder result value, and other measures not possible today. This new data can be updated through business structures to industry and economy business architectures and market management data. R-pM provides a consistent and manageable picture of businesses, industries, finances, markets, and economies, never possible before.

The R-pM Solution to the Economic Crisis is explained in free downloads

Three free white papers explain the dead-end 20th century management problems that caused the economic crisis, the way R-pM eliminates the problems, and a government program to address the crisis by stimulating the economy, solving the problems, building an architecture 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 20th century management problems and the R-pM solution
  • The Only Solution to the Economic Crisis explains how R-pM manages the business to capture actual business data and provide management the information needed for actual business management
  • A Government Business Management Program to Answer the Economic Crisis outlines a government program to encourage business management 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 and password. Your email address is protected and used only for download problems and occasional R-pM Member news and white papers.

3 Responses to “The new business, financial, market, and economic architecture the world needs”

  1. » The new business, financial, market, and economic architecture the … Says:

    […] The new business, financial, market, and economic architecture the … Data can be consolidated by market for business input and output results and capital solution utilization. Industries, such as the financial industry, can be managed for the value and quality of results and the utilization of financial … View post Add your comment […]

  2. The new business, financial, market, and economic architecture the … Says:

    […] Governments are looking for a unifying architecture for best business management and market, financial, and economic management. Governments will be meeting to construct an international response to the financial crisis They will … Read the rest of this great post here […]

  3. The new business, financial, market, and economic architecture the world needs » Business Change Forum Archives Says:

    […] This article introduces the full article, which is published in 21st Century Management Magazine at R-pM.net. R-pM is explained at Result-performance-Management.com. R-pM is documented in the R-pM Toolkit, along with new 21st Century Management conventions, definitions, and standards. The R-pM Toolkit subscription is available at a nominal cost to encourage wide-spread use of R-pM. Join the R-pM community for free with your email address to download your copy of the R-pM Toolkit and receive all new Toolkit versions. […]

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