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Results-based management
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Results-based management (RBM) is a management strategy which uses feedback loops to achieve strategic goals. All people and organisations (actors) who contribute directly or indirectly to the result, map out their business processes, products and services, showing how they contribute to the outcome. This outcome may be a physical output, a change, an impact or a contribution to a higher level goal. Information (evidence) of the actual results is used for accountability, reporting and to feedback into the design, resourcing and delivery of projects and operational activities.Results Based Management is an example of a strategic control mechanism. It has been shown to have strong similarities in its design and use to the third-generation balanced scorecard.
^ "Results-based management" United Nations Development Group, http://www.undg.org/index.cfm?P=224
^ "Results-based Management Handbook", United Nations Development Group, http://www.undg.org/docs/12316/UNDG-RBM%20Handbook-2012.pdf
^ Lawrie, Gavin; Kalff, Dirk; Andersen, Henrik (September 2005). "Balanced Scorecard and Results Based Management - Convergent Performance Management Systems". Proceedings of 3rd Annual Conference on Performance Measurement and Management Control, The European Institute for Advanced Studies in Management (EIASM), Nice, France. Retrieved 30 June 2014.
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Created By:
System
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