Manage your Company Business as you manage your Personal Business

You manage your personal business naturally

Your personal and company business is defined as “investments in capital as solutions of worth utilized for costs and effectiveness of performance to produce value and quality in results”. Result-performance Management (R-pM) describes the means to directly organize and manage your company business as results required, capital solutions invested, and the utilization of solutions in performance to produce results.

This is also is the instinctive and natural way you organize and manage your personal business to utilize your solutions in performance to produce one output result after another. Results could be simply got up and dressed, prepared and ate breakfast, purchased an item, etc. or more complex results like repaired equipment, completed application, or business result produced at work, such as an approved report.

You organize and manage your capital solutions utilized in performance to produce your results

When faced with a result to produce, you instinctively organize your time, your capabilities, space and tools, the plan for the result, the money needed, the process to follow, and other solutions you may need. You may outsource a service to provide solutions to help to produce the result, such as a clean suit. These items are the capital in the form of solutions that you employ. You also begin with the input results that performance transforms to the output result; such as a dirty suit, components to repair equipment, or a report to review and approve.

You know the relationships between the capital you utilize and the results you produce

You have an idea of performance costs in time and money spent, supplies consumed, and other capital solutions or services utilized. You also have an idea of the value of the result you desire. If a result does provide value in excess of the cost, you will not produce the result or be happy with the result, if it is produced. You realize that your performance effectiveness determines the quality of the result. You know that the volume of results you can produce is limited by the capacity of your own time and capability or the equipment you use. You know that uncertainty in your and others performance poses a risk that the result may not be produced as it should.

You use the natural and only way to organize and manage your personal business or any business.

Your company does not organize or manage the business

But, as soon as you begin work, you stop being natural and begin using the artificial contrived structures used by your company. Your company organizes and manages the company enterprise. Your company does not organize or manage the business. Your company has never identified the set of economic output results that it must produce to be successful; in order to manage the value and quality created by the business. Your company has never identified the set of capital solutions available to produce the results in order to manage investments in the business. Your company has not identified the utilization and consumption of one or more capital solutions in performance to produce a result to manage the actual and full costs incurred by the business and the result value-added created. Your company has never organized the business in order to manage the business properly. Your company does not capture actual business data or report actual business management information.

Your company lays organization and management structures over the business

Instead, your company lays rigid independently-contrived structures over the business. An organization structure puts you in a position to do a job. Corporate plans overlay a company strategy. Overlaid business processes mix results with performance to meet an objective. A chart of accounts records income and expenditures against contrived accounts. Performance management control panels, scorecards, KPI, etc define both the actions executed and results accomplished as “performance” and report contrived entities, rather than the business. Administrative structures provide methods and entities for various functions, such as asset, financial, risk, cost, human resource, and information technology management. Information systems gather data and report information on all the artificial entities described by all the overlaid structures. Information systems, hardware, and networks are managed by various architectures. Each structure dictates rules, regulations, and procedures. But, since most business results and capital solutions remain undefined, these structures relate only incidentally to the actual business.

Overlaid structures create high overheads and unsolvable problems

You may be involved in defining and overlaying structures. What is the criterion used? Is the criterion to organize and manage the actual company business? How does your company define the business?

You recognize many of the unsolvable problems you have with rigid overlaid structures that do not agree with each other or the actual changing business. Structures are described by various entities such as function, position, center, object, code, department, program, level, etc that do not describe the business. Problems arise with reorganization, inaccurate and conflicting information, business and information complexity, unknown value created and costs incurred, capital development and business change with no business framework, unknown capital worth and investment returns, business collaboration, and on and on. Your company likely has a large information system overhead to maintain information that is mostly irrelevant to the actual business. Your company may add on more structures to classify and manage information available and invest in more systems for data reconciliation, enterprise information management, or record or content management.

Your company needs to organize the business for 21^st century management

Your company can also organize and manage the business naturally as one integrated business structure, using common spreadsheets, general ledgers, or relational database management tools.

The business results are organized as one structure to show all economic outputs of value produced by the business. The solutions utilized are organized in another structure to show the capital that is available to produce results. The business is organized when specific solutions are deployed and implemented to produce specific results in an integrated business structure. Business transactions are generated whenever a volume or count of full or partial results are produced to record capital consumed or utilized to incur performance costs and to create value by producing results.

You need to overcome the 20^th century enterprise structures you have been taught and manage the business naturally

You likely have spent years in school, training, reading, and on-the-job to learn to contrive 20^th century enterprise management structures to lay over the business. You must put this knowledge aside. 20^th century enterprise management has been superseded by 21^st century business management.

With R-pM knowledge, you can go back to your natural methods of organizing and managing your business. You organize and manage your part of the business to define the specific results you must produce and the specific capital solutions you have available or may need to produce high-value and high-quality results. Simplified 21^st century business management conventions, definitions, and standards enable business collaboration, communications, and common solutions.

Go back to your natural method to manage your current company business

Tomorrow, instead of performing a function or doing a job; produce results. Identify, list, and analyze the results you must produce. One high-level result may require several lower level results. Then identify and organize the capital solutions required for each result. Most solutions are used generally for your high level result, but some, including your specific capabilities, are needed to produce a specific result. By going result by result, you organize your time and any special solutions you need. You recognize that some results are low value and should be redefined or not produced. You realize that there is assigned capital that you never use and could be used elsewhere. You think how you can increase the value and quality of each result you produce. You get yourself ready for the oncoming transformation of all business to 21^st century business management.

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.