R-pM organizes the business for 21st Century Management
Dictionaries define the enterprise business as "the activity of providing goods and services". Result-performance Management (R-pM) organizes the activity as the utilization of capital in performance and the goods and services as results. The business organization produces the business structure that consists results produced across the business, capital investments of worth available as specific solutions to produce results, and performance where a solution is utilized to incur costs to produce value in results. The business structure can show all or any part of the business. The business structure is a professionally-managed performance solution that integrates planning, operations, development, and reporting in 21st Century Management.
Managers already know the goods and services and other business results they produce and the human capability, business processes, facility equipment, management plans. and other performance solutions they utilize in business activity. R-pM organizes this knowledge into one integrated business structure for complete business organization and management, to leave 20th century management problems behind.
R-pM incorporates ten rules to follow for competitive 21st Century Management
Follow these ten organization and management rules for competitive 21st Century Management.
- Organize and manage the business. Do not organize people, organize the output results to be produced, invested capital to be deployed as solutions, and performance in the utilization of specific solutions to produce specific results. Deploy a result unit as a business organization solution to produce each result. Deploy human capital, where capacity, capability, and knowledge is needed to manage and produce specific results.
- Generate profits from a chain of managed value and quality. Define business processes and information systems by the results produced and manage each result in the result value-quality chain starting from input results from the supplier, result value-added along the enterprise result chain, and the final result to the customer. Integrate and manage the chain to help suppliers meet enterprise needs and to add more value by meeting customer needs
- Organize and manage capital for high utilization and return. Organize tangible and intangible capital by the human capabilities required to develop, support, and improve. Manage all capital as performance solutions to reduce costs, improve utilization, redeploy quickly for result change, improve for higher-value results, and develop for new results. Learn solution cost and contribution to result value to assess solution worth. Eliminate information complexity by managing information capital properly, as part of the business
- Keep financial and non-financial records on full business operations and development. Manage facility records of all results and performance for one integral set of financial, statistical, and qualitative information on the full business cycle for both operations and capital development. Provide complete and timely financial and non-financial record solutions to produce results. Manage and retain records on all emails, Internet information, file transmissions, etc related to business initiatives, decisions, transactions, and follow-up
- Operate to optimize operations, result value-added, and the profit result. Provide and manage result value-added along result chains leading to the profit result. Optimize operations and the profit result by managing the volume, value, quality, goals, and risk of results by optimizing the capacity, cost, effectiveness, expectations, and uncertainty of the performance solutions that produce the result. Operate through cost-effective performance producing value-quality results
- Plan and govern the transition from today's value to approved strategic value. Plan and approve intelligent strategic results in the strategic business structure, devise effective strategy and plan solutions, and provide the tactical guidance solutions to execute the strategy. Plan the new capital solutions to be developed and implemented to produce strategic results. Manage strategic value creation against result goals by time period, and manage implementation and utilization of new solutions to create new profit and shareholder result value in the strategic business.
- Manage investments to gain a planned result value return. Establish investment result planning and management, develop capital to provide specific solutions needed to produce specific future results, itemize added result value benefit for each capital solution, substantiate new result value with result goals, itemize development costs for each solution with new performance expectations, manage development projects with a business structure to implement solutions as project results, utilize implemented solutions to produce new or improved business results, and measure added business result value-added for the return on investment.
- Manage human personnel, capability, and knowledge capital to increase human worth. Manage human personnel to provide and maintain personnel solutions ready to produce results, develop human capability to provide capability solutions to produce high-value results, and create and deliver human knowledge to know how to utilize solutions and produce results. Learn the portion of result value created in excess of development and performance costs to assess human capital worth.
- Collaborate to maximize shared value and minimize shared costs. Standardize solutions to know all costs and to benchmark costs. Define results in a value-quality chain. Collaborate by re-linking the chain, where the most cost-effective performance gives the best value-quality result, to maximize shared value-added. Integrate chains with supplier and customer value-quality chains.
- Employ 21st Century Management conventions and standards. Follow consistent descriptions, conventions, standards, and definitions to enable applicable business management education, specifically-needed human capability development, common low-cost solutions and services that any business can use, business to business communications and collaboration, business integration, and simplified and effective information system utilization.
None of these ten rules for 21st Century Management are possible under 20th century management. These ten rules can be followed by any enterprise business for substantial competitive advantage through 21st Century Management. R-pM can be implemented on any flexible general ledger system or relational data base management system.
Each rule involves work not done today, but also eliminates wasteful structures and provides benefits not achievable today
These ten rules will look like extra work, because each rule is a beneficial new approach, not possible with 20th century management. The ten rules and the one integrated business structure used for 21st Century Management replace all the 20th century management structures and methods. The 20th century management waste and problems that have been eliminated far offset new Result-performance Management to gain significant 21st Century Management benefits. Leave business and information complexity, reorganizations, change management, unnecessary IT investments, and the multitude of other 20th century management problems behind.
R-pM streamlines the minimum cost-effective performance needed to produce a high value-quality result.
R-pM as the routine efficiently produces results to achieve result goals. Any enterprise can employ R-pM to follow these 10 rules for 21st Century Management. The advanced corporations that are implementing R-pM now will gain significant competitive advantage over 20th century management. Eventually every enterprise will have follow to employ R-pM to organize the business for 21st Century Management.
Visit Result-performance-Management.com to learn more about organizing your business with R-pM for 21st Century Management, and to download the R-pM Toolkit, your 21s Century Management Manual.
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