RBM is an example of a tool used for
strategic control. It uses
feedback loops to help managers monitor and then (hopefully) achieve strategic goals. These goals may take the form of physical outputs, organizational or behavioral changes, workflow changes, or form contribution to some other higher level goal. Information (evidence) of the actual results is used for
accountability,
reporting, communication and to feedback into the design, resourcing and delivery of projects and operational activities. During the design of an RBM system all people and
organizations (actors) who contribute directly or indirectly to the result, map out their
business processes,
products and
services, showing how they contribute to the
outcomes being pursued, and this information is used to identify appropriate measures of progress. Results Based Management has been shown to have strong similarities in its design and use to the
third-generation balanced scorecard. == Usage of RBM ==