Archive for April, 2007

Logo: Feedburner R-pM Opportunity for Developing Nations to Gain Competitive Advantage

Submitted by bcfc on April 25th, 2007

Developing nations look for ways to gain business advantage for their industries and investors. Result-performance Management (R-pM) provides a way for a nation to improve competitiveness by avoiding the conventional legacy of 20th century problems that hold back developed nations and industries.

R-pM is the new standard to organize competitive business enterprises for 21st century management

Any new company or enterprise established must take advantage of the “green field” opportunity to do it right as explained in the article “Organize your New Enterprise without 20th Century Problems”. R-pM is the only way to organize and manage the business of any new or existing enterprise to eliminate the 20th century problems explained at the Business Change Forum.

National authorities should encourage R-pm use by their local industries

National productivity improvement, industrial standards, investment promotion, external trade, and other authorities continually look for ways to make their industry more competitive in the world market.

There is no more fundamental or better way than to actually organize and manage the business of local enterprises to take advantage of new business technologies and maximize competitiveness. It is also important to protect against the increased competitiveness of other country’s industries. It costs very little to download the R-pM Toolkit, your 21st Century Management Manual, and evaluate R-pM for promotion and use by local industry.

21st Century Management eliminates 20th century problems

Eliminate costly 20th century problems by organizing your business for 21st Century Management. Slash costs, simplify business management, and boost your competitive advantage through Result-performance Management (R-pM), the conventional method for 21st century management.

Download your 21st Century Management Manual today

Your 21st Century Management Manual, The R-pM Toolkit, is available today and is under continual development to expand and refine 21st Century Management. Learn more about the R-pM breakthrough for 21st century management and subscribe to your 21st Century Management Manual, including free updates, at result-performance-management.com.

Logo: Feedburner Career Opportunities with R-pM

Submitted by bcfc on April 23rd, 2007

As R-pM gains in popularity, there is a growing need for people with R-pM capabilities. This provides new career opportunities for those who want to be at the vanguard of 21st century management.

R-pM offers opportunities within the enterprise or as an R-pM Consultant, Solution Developer, or Educator

The opportunities available through R-pM are detailed in the article “R-pM Creates new Career Opportunities” in the 21st Century Management Magazine. Read the article for insights on how you might benefit by starting now to learn and apply R-pM.

The R-pM Toolkit is the key for learning and applying R-pM

The R-pM Toolkit provides R-pM learning and procedures for implementing and using R-pM. Remember the R-pM Toolkit, plus perpetual updates, is low-priced so everybody can take advantage of R-pM. Join the R-pM Community at Result-performance-Management.com to download your R-pM Toolkit, and learn how to eliminate the 20th Century problems discussed at the Business Change Forum.

Logo: Feedburner Turn Intangible Assets into Managed Capital

Submitted by bcfc on April 20th, 2007

Why do we have unrecorded and “intangible” assets that we do not account for? Why do we have unknown costs? Is this acceptable financial and capital management? Much capital investment is not recorded as a specific asset to know development cost.
There is no such thing as intangible assets or unknown costs. What we have is unmanaged capital and unrecorded performance solutions that prevent knowing capital worth, performance costs, and return on investments. We must have a record of all capital and the development costs to manage costing and the return on investment.

We manage capital as individual entities rather than one set that includes all capital

Capital used in performance is not managed as one set that includes all capital. We administer historically known and accounted for assets as separate entities such as fixed assets, employees, cash, etc. The conventional enterprise has no framework for disciplined capital management.< [more...]

Logo: Feedburner Beyond Drucker: Manage for Results within the Enterprise

Submitted by bcfc on April 18th, 2007

We must organize the enterprise to manage results and objectives as guided by Peter Drucker

Peter Drucker influenced management thinking with his fine works “Management by Objectives” and “Managing for Results”. Drucker showed that strategic objectives are defined by the future strategic results that the enterprise must produce. Near-term objectives are achieved by producing final results from business performance.

Peter Drucker showed that results contain economic value

Drucker showed that results contain the economic value created by enterprise performance. Drucker said to focus on the result not the activity, a sound concept that largely is ignored today. Goods and services and other results must be organized first and activity or performance must be organized to produce the results.

Managers lacked a method to organize the business and put Drucker’s principles into practice

Drucker’s principles require that the business be organized in terms of results produced and the performance producing the result. But, there was no method available to organize results and performance. So, Drucker’s results could only be valued as they left the enterprise. Result-performance Management (R-pM) provides the means to put Drucker’s principles into practice, and the guidance needed in the R-pM Toolkit.

Result-performance Management (R-pM) enables application of Drucker’s work to manage for results within the enterprise

R-pM organizes the enterprise by the results that must be produced to produce the final results that are managed enterprise objectives. R-pM manages the economic value created in results produced within the enterprise to manage result value, performance costs producing the result, and the result value added. Managing for results within the enterprise, enables result value chains, managed result benefits of development, managed creation of strategic result value, collaboration for shared result value, and the many other benefits of managing for results.

21st Century Management eliminates 20th century problems

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

Download your 21st Century Management Manual today

Your 21st Century Management Manual, The R-pM Toolkit, is available today and is under continual development to expand and refine 21st Century Management. Learn more about the R-pM breakthrough for 21st century management and subscribe to your 21st Century Management Manual, including free updates, at result-performance-management.com.nagement.com.

Logo: Feedburner Value Chains are Built from Results and Performance Solutions Used

Submitted by bcfc on April 16th, 2007

Much is written about the theory of value chains and various structures have been contrived to overlay value chains on the business.

21st Century Management organizes the business to provide natural value chains

Result-performance Management (R-pM) is the conventional method to organize the business for 21st century management. No one has ever organized the business to provide natural value chains, until Result-performance Management (R-pM). R-pM organizes results as the links in the chain and performance solutions to provide the capital utilized to produce each result. Result relationships link results in sequence and manage the complete chain.

Results are economic outputs that contain the value created

R-pM organizes and relates results from supplier input results, through results transformed by the enterprise, to final customer results. Customer payment confers final result value. Enterprise payment confers input result value. Internal customers confer value on internal results added to and transformed in the chain. The total input and internal result value cannot exceed final result value.< [more...]

Logo: Feedburner The R-pM Toolkit, the Economical Means to Learn and Apply R-pM

Submitted by bcfc on April 15th, 2007

The R-pM Toolkit describes R-pm and 21st Century Management

Result-performance Management (R-pM) is supported by the R-pM Toolkit, your 21st Century Management Manual, which is continually expanded and refined to develop R-pM and 21st Century Management.

Download the R-pM Toolkit at Result-performance Management.com

The R-pM Toolkit is available for download to R-pM Community Members at result-performance-management.com. The R-pM Toolkit currently includes R-pM concept, application, user support, consulting, and case study documents. The R-pM Toolkit also includes 21st Century Management conventions, definitions, and standards to support business collaboration, common 21st Century software and solutions that any business can use, and management consulting and other services supporting 21st Century Management.

R-pM Toolkit subscribers receive updates through 2009

The R-pM Toolkit includes regular email delivery to the member address for all new R-pM Toolkit documents, versions, and material especially developed for the Toolkit that will be issued through 2009. Any Toolkit user with a specific problem can contact result-performance-management.com to request information on R-pM not covered in the Toolkit, and new updates will be developed and provided to all Toolkit users.

New R-pM and 21st Century Management documents will be added to the R-pM Toolkit regularly, and the price of the toolkit will rise with the value of the current content and as R-pM becomes better known. Now is the time to join the R-pM Community and obtain the R-pm Toolkit and future updates at a low price and join those who are now learning and will soon be using R-pM.

You can see the value of eliminating the unsolvable 20th century problems discussed in over 300 posts at the Business Change Forum. The R-pM Toolkit is extremely valuable to any enterprise, management consultant, solution provider, investor, business educator, change professional, or manager interested in the tremendous advantage in organizing the business for 21st Century Management.< [more...]>

Logo: Feedburner The Organization Structure is not a Management Prerogative

Submitted by bcfc on April 13th, 2007

Organization structures are contrived, approved by management, and laid over the business

Whenever a business needs to be organized, an enterprise organization structure sets entities to manage like units, functions, and positions. The business is not organized, so the rigid organization is further removed with each business change, eventually requiring “reorganization” to align another structure closer to the business.

The organization structure is the “fatal error” in 20th Century organization and management

Once an enterprise organization structure is overlaid on the business, the business can never be managed. The enterprise is forced to use enterprise management structures like strategy maps, business processes, charts of accounts, salary scales, scorecards, etc. that define additional entities to manage and also are overlaid on the business.

The business organization is a professionally-managed performance solution

The business is the activity of providing goods and services. The business activity employs capital, so the capital must be organized. The business goods and services are economic outputs produced by the business, so the economic outputs must be organized. Result-performance Management (R-pM) is the conventional method to organize the business for 21st century management. R-pM organizes capital as performance solutions and economic outputs as results in a business organization structure.

The business organization structure is business capital that must be professionally managed like all other capital. The business organization of results and the deployment of qualified and approved human and other capital to produce results is a performance solution, similar to a business process, human capability, or facility equipment.

The business organization is not a management prerogative

Management decides on the strategic results to be produced by the business and the capital investments in performance solutions needed to produce the results, as part of the enterprise strategy. Goals are set for results to be produced and expectations are set for performance solutions for each time period on the way to the strategic horizon.

The business organization structure is used for direct business management and good corporate governance

The business organization is one integrated business structure used for all planning, control, record-keeping, reporting, and management. The business is simplified to only the basic entities and common definitions for direct management of results and capital utilized. All overlaid structures are removed for transparent business management.

21st Century Management eliminates 20th century problems

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

Download your 21st Century Management Manual today

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

Logo: Feedburner Manage Value-added through Result-performance Costing

Submitted by bcfc on April 11th, 2007

There has never been a workable cost-accounting method

Knowing and managing costs has been a major management concern, since the beginning of business. We have faced two major problems in managing costs:

  • We do not have one entity that generates costs, and includes all costs incurred
  • We do not have one entity that meaningfully absorbs costs for good management

One entity must generate all costs

Many methods have been contrived for costing and cost accounting. The methods try to gather “known” costs for separate entities like employees, fixed assets, cash, and supplies. The other capital utilized has never been defined and produces “unknown costs” or is labeled “intangible assets”. All costs come from consumption of tangible and intangible capital. This is performance and all capital utilized must be organized and defined as one entity “performance solution”.

One entity must absorb all costs

Costing methods charge costs against entities like center, station, activity, and product. Product is the only entity actually produced by the cost. However, many other outputs also are produced by costs. Products and other outputs produced by costs are part of one entity “result”. The result is the entity that contains the value created by the costs and is the only entity that can absorb costs to show the value added by performance.

Performance Solutions generate costs and Results absorb costs against Result value to manage value-added

The only way to know all of our costs and to charge costs properly to manage value added is Result-performance Costing. By establishing result value-quality chains, we can know the cost and value of each result in the chain leading to the final product or service result that leaves the enterprise to produce our revenue and profit results. This is explained in the article “Know Unknown Costs through Result-performance Costing” in the 21st Century Management magazine. Result-performance Management (R-pM) organizes the business for 21st century management and to employ Result-performance Costing.

21st Century Management eliminates 20th century problems

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

Download your 21st Century Management Manual today

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

Logo: Feedburner Managing Business Change to an Unmanaged Business

Submitted by bcfc on April 9th, 2007

To manage business change, you must manage the business

Today’s corporations and other enterprises find business change hard to manage, for many reasons, mainly that to manage business change, the enterprise must first organize and manage the business. The business changes with every management decision to produce a new or changed result or to utilize new or changed performance solutions. If the business was organized, the business organization would change automatically to keep the business organized. “Business change” does not wait until every few years, when management decides it is time for “business change”.

The 20th century enterprise does not manage the business

The 20th century enterprise does not organize and manage the business, which dictionaries define as the activity of providing goods and services. Instead the enterprise overlays a contrived organization structure on the business, and then overlays contrived management structures for business process, strategy, accounts, performance management, etc. Each overlaid structure has different information entities and must be separately managed.

The 20th century enterprise cannot manage the unorganized business to change with real business change and avoid upheaval, but waits until the problems of the unorganized business build to change overlaid structures through business change projects. “Business change” projects do not change the business. “Business change” projects change the organization and management structures overlaid on the business to align them closer to the actual business.

21st Century Management manages the business to manage change to the business

Result-performance Management (R-pM) organizes the business for 21st century management. The objective of Result-performance Management (R-pM) is to organize the enterprise business, “the activity of providing goods and services”, for 21st century management. R-pm organizes the activity as performance and the goods and services as results. R-pM then can manage the activity of providing goods and services and changes to the activity or changes to goods and services.

Download business change guidance and your 21st Century Management Manual today

Download “How to Manage Business Change” to take the mystery out of business change and “How to Manage Projects in the 21st Century” to manage the business change project properly, at result-performance-management.com. For the additional details about R-pM, your 21st Century Management Manual, download The R-pM Toolkit, which is available today and is under continual development to expand and refine 21st Century Management. .

Logo: Feedburner Align and Manage Outsourced Solutions

Submitted by bcfc on April 5th, 2007

There are many confusing uses of the term outsourcing

What is outsourcing? The top search engine entries say taking internal functions and paying an outside firm to handle them, and migration of service to an external provider. The definitions generally make it sound like when the enterprise out-sources a function or service, it is completely separate, and the enterprise no longer has responsibility. We hear of many problems with outsourcing, particularly the alignment of outsourced business processes, information system application services, back office processing, and other performance solutions with enterprise operations.

21st Century Management provides the structure for managing outsourcing and outsourced solution alignment

Result-performance Management (R-pM) organizes the business for 21st century management. R-pM handles outsourced solutions like business processes, application systems, and back office processing as a part of the enterprise result-performance business structure.

The R-pM definition of outsourcing is having another enterprise or outsourced solution provider provide one or more performance solutions in the enterprise performance structure to transform an input result from the enterprise result structure into an output result that is also in the result structure. All outsourced and internal solutions are aligned with enterprise results in the result structure.

All results are under result management responsibility and all performance solutions, including those outsourced, are under performance management responsibility. This provides the structure to manage and align outsourced solutions through Result-performance Management.< [more...]>