21st Century Management Conventions and Standards
Result-performance Management (R-pM) is the conventional way to organize the business for 21st Century Management. An adjunct to the development of R-pM is the development of 21st Century Management to provide a common business framework for business operations and development, business collaboration, business learning and education, common business services that can be applied to any enterprise, and common business software and solutions that any enterprise can utilize.
21st Century Management is one consistent and clearly-defined set of business organization and management descriptions, conventions, standards, and definitions that eliminate the contradictions, inconsistencies, and unsolvable problems of 20th century management. R-pM adheres to 21st Century Management conventions and standards.
21st Century Management is documented in the R-pM Toolkit
R-pM is documented in the R-pM Toolkit, your 21st Century Management Manual. 21st Century Management descriptions, conventions, standards, and definitions are also documented in the R-pM Toolkit. The R-pM Toolkit is under continuing development. The R-pM Toolkit already contains the fundamental documentation needed to begin learning, implementing, and utilizing R-pM. Those downloading the R-pM Toolkit today receive a subscription to all R-pM and 21st Century Management advances and documentation as updates to the Toolkit.
21st Century Management documentation includes:
- 21st Century Management Descriptions: The specific concepts and approaches that constitute 21st Century Management
- 21st Century Management Conventions: Specific business operation and development rules, methods, and guidelines that are followed by all 21st century businesses to enable collaboration and common services and solutions any business can utilize
- 21st Century Management Definitions: The terminology and definitions used in 21st Century Management to enable precise and consistent communication
- 21st Century Management Standards: Specific capital levels, performance expectations, and result goals to meet in 21st Century Management to enable benchmarking and improvement
21st Century Management is under continual development. New 21st Century Management documentation is added to the R-pM Toolkit as developed. 21st Century Management development follows behind R-pM development to document those conventions that are proving particularly successful across the board in practice and to dovetail in on specific standards that should be met.
The 21st Century Management Glossary is included in the current R-pM Toolkit
The 21st Century Management Glossary is included in the R-pM Toolkit. The Glossary contains a comprehensive list of terms with the definitions as used in 21st Century Management. Following are some of the basic terms used in R-pM Version 2 and 21st Century Management and followed in articles posted in the Business Change Forum:
- Business: Investments in capital as solutions of worth utilized for costs and effectiveness of performance to produce value and quality in results
- Business Structure: The planned or actual
organization and relationships of specific results to be produced in the result structure, solutions available in the capital structure, and the deployment of specific solutions to domains in the performance structure to be utilized to produce specific results - Capital: Assets and capabilities of worth, invested in the business, and organized as solutions that can be utilized and incur costs in utilization
- Capital Management: Responsibility to acquire, develop, maintain, support, and operate, as needed, for a category of capital solutions in the capital structure
- Capital Solution: An item of capital organized in the capital structure that can be deployed and utilized to produce a specific result
- Capital Structure: Solutions organized for support by those with the human capability and to be integrated with other deployed solutions to produce specific results
- Domain: The basic building block of the 21st century business structure where one solution is utilized to produce one result, Also, a management domain where solutions under the responsibility of one performance manager produce results under the responsibility of one result manager
- Enterprise: A company, division, subsidiary, government, institution, project or any defined unit that has a set of results to achieve and performance solutions to use with a responsible manager and the authority to make changes
- Management: The organization, planning, directing, control, reporting, and governance of the current to strategic business in capital solutions utilized to produce results, and of capital solution investments and development to add value to results
- Organization: Structuring of a current or planned business or part of a business as results to be produced, capital solutions in development and available, and deployment of solutions to be utilized in performance to produce specific results
- Performance: The utilization of capital as specific solutions to meet expectations and produce specific results
- Performance Indicator: Measure of the level of capacity, cost, effectiveness, uncertainty, worth, and other attributes of specific capital solution utilization in performance by result and in total continuing over time
- Performance Management: Responsibility to provide and support qualified solutions that meet expectations in utilization to produce results
- Performance Structure: The set of domains for each specific solution deployed to produce a specific result with rules, exceptions, expectations, and performance totals
- Result: Economic output from business performance of positive or negative value that can be counted and measured
- Result Management: Responsibility to accept and utilize deployed capital solutions to produce assigned results and reach result goals
- Result Metric: Measure of the volume, value, quality, and risk, and other attributes of results produced within a time period
- Result Structure: Results produced by the business organized by value and cost hierarchy, organization management responsibility, and impact and chain relationships
These are just examples for some basic terms to understand R-pM and 21st Century Management.
21st Century Management is meant to be a product of the R-pM Community
In developing R-pM, we are developing the basics of 21st Century Management and providing a vehicle for standardizing and documenting 21st Century Management.
As R-pM comes into use, we encourage input from R-pM users, R-pM Management Consultants, R-pM Solution Providers, and R-pM educators on specific aspects of R-pM and 21st Century Management. The Business Change Forum will provide a forum for discussion of proposed 21st Century Management conventions and standards.
In this way, we can avoid the unsolvable problems that arose in the haphazard evolution of 20th century management.
