Archive for November 2nd, 2006

Administration is one of the top ten problems in the 20^th century enterprise

The big problem with administration is that it prevents comprehensive capital management. We administer capital through functions rather than measuring and managing capital for utilization, improvement, and development. This gives us such situations as:

• Emphasis on recording and managing money as financial capital which prompts neglect of other capital of high worth
• Accounting for cash and accruals and neglecting capital cost, worth, and value produced
• Administration of information as technology rather than management of information as capital
• Human resource administration as employees instead of managing human capital to increase result value provided and capital worth to justify added performance costs
• Emphasis on tangible assets which allows unmanaged high-worth intangible assets
• Failure to manage and gain benefit from business, management, and information capital
• Failure to identify specific performance solutions which are utilized to consume capital and incur costs, resulting in incomplete cost accounting and many unknown costs
• Investment in capital and failure to manage the utilization of capital to produce the return on investment
• Unsupported utilization of capital in the organization units
• Business complexity due to poorly utilized and unmanaged capital
• Assignment of capital to organizations to reside rather to results to be utilized
• Inflexibility and unresponsiveness to change because each item of capital is not managed for utilization, change, and improvement

These and other situations occur because those who should be managing capital in the business are performing administrative functions and allowing important performance solutions that could provide much more benefit at lower costs to languish unmanaged.

Administration must be replaced by Capital Management

The need is described in the article Replace Administration with R-pM Capital Management. Every enterprise has much to gain by using Result-performance Management (R-pM) to know what capital is used where to produce results and ensuring the most cost-effective utilization to produce high value-quality results in the enterprise business structure.

Review the articles under Learn the Basics of R-pm or click on the R-pM banner to download information about R-pM.

21^st Century Management eliminates 20^th century problems

Result-performance Management (R-pM) eliminates the top ten problems and other costly 20^th century problems. Slash costs, simplify business management, and boost competitive advantage through R-pM, the conventional method for 21^st Century Management.

Download your 21^st Century Management Manual today

Your 21^st Century Management Manual, The R-pM Toolkit, is available today and is under continual development to expand and refine 21^st Century Management. Get your R-pM Toolkit, and future updates, at result-performance-management.com.< [more...]>

Most companies find it difficult to implement new information systems and management solutions and to implement the benefit of business change. Business change is a mysterious unknown that is very difficult to manage.

Reasons for problems with solution implementation and business change

There are several reasons for the problems in business change, mainly:

• The company does not organize and manage the actual entities that change
• The company does not have a good method to ensure beneficial business change
• We do what everybody else does and employ conventional wisdom, which ensures that we have the same problems as everybody else and that we make bad decisions
• We implement change on a rickety foundation of uninvolved management, resistant users, administrative objectives, consultant methodologies, no goals for return, etc.

This situation is explained in the article Implement the Benefit of Business Change. The article outlines a typical business change situation for an information system implementation.

How to manage information system implementation and business change

The article also introduces Result-performance Management (R-pM), the only method that manages the actual entities that change as one integrated business structure, provides the foundation for change, and implements both the cost and benefits of change. Join the R-pM community and download “How to Manage Business Change” to take the mystery out of business change and learn how to implement the benefit of new systems, solutions, and business change.

Review the articles under Learn the Basics of R-pm for an introduction to R-pM.

21^st Century Management eliminates 20^th century problems

Result-performance Management (R-pM) eliminates business change and system implementation problems and other costly 20^th century problems. Slash costs, simplify business management, and boost competitive advantage through R-pM, the conventional method for 21^st Century Management.

Download your 21^st Century Management Manual today

Your 21^st Century Management Manual, The R-pM Toolkit, is available today and is under continual development to expand and refine 21^st Century Management. Get your R-pM Toolkit, and future updates, at result-performance-management.com.