How to Identify and Define Capital Solutions
Submitted by bcfc on August 5th, 2008
R-pM community users ask questions about identifying enterprise capital, particularly for intangible assets, and defining specific capital solutions. Each question is answered by email, but we summarize common questions in the series of articles on How to Use R-pM. (Note: performance solution and performance structure in Version 1 of R-pM are called capital solution and capital structure in Version 2 of R-pM).
Defining capital solutions is part of learning the business
Start with the definition of the business: “investments in capital as solutions of worth utilized for costs and effectiveness of performance to produce value and quality in results”. Identifying and defining capital solutions is part of learning the actual enterprise business. Defining capital solutions is new, since capital solutions utilized by the business have never been identified and managed as a set. R-pM recommends setting up result teams to analyze and define results and performance teams of capital support personnel to analyze and define capital solutions. Defining and organizing capital solutions is part of business organization capital support. it is important to designate a capable business analyst to lead business organization capital, so that expertise is developed, and a specialist can guide others. Designate someone familiar with each capital category to take the lead with business capital, human capital, facility capital, and management capital. [more...]
