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GAMP! -The Future of Management

Consider the following three scenarios:

Laptop Battery Scenario #1: You are the CEO of a growing enterprise. You need to simultaneously manage numerous projects and business processes. The weight of responsibility is pulling you down. There is too much information to store and process in your head, yet you lack the kind of information needed to make good decisions. You avoid delegating tasks to your team because it is "easier" to do it yourself. You begin to lose control. Customer service deteriorates. Productivity falls. Quality slips. Business growth slows. Profits stagnate.

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Thinkpad Your solution? GAMP

"Computer industry analysts estimate that some 60 percent of all corporate data exists only on desktop and laptop computers, " said Walter Scott, CEO of Acronis. "Incorporating Acronis True Image with New Mexico Software backup server is the ideal solution to capture that corporate data and ensure that it is not lost. While traditional server backups are effective for protecting server data, every company should have a combination of server and workstation backup plans."

Microsoft Scenario #2: You are the patriarch of an established and well respected business. You led your company from its birth. You watched it grow. You nurtured it through its terrible twos and awful teen years. You were happy when it was happy. You suffered when it suffered. You loved it. Your business is like your child and now it is all grown up and ready for the next generation to lead it through middle age.

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Laptop Computers How do you let go and yet maintain the watchful eye of a grandfather? GAMP

And then, of course, we have the Standalone Server product, which is called Acronis True Image Server for Windows or Linux and that will manage a single standalone server. What type of computers can we back up, because in a medium to a large sized, even some small sized businesses, who knows what kind of computers they have They may have laptops, they may have desktops, they may just have anything and everything

Laptop Computer Scenario #3: You're an angel investor yet you are treated like the devil. The company's management team presented you with their business plan although, for them, it was just a carefully crafted sales document designed to get your money. You came to their rescue when they were out of options. You sat around their conference table quarter after quarter and you trusted them. They fed you the information you requested and told you what you wanted to hear. Unfortunately, they lied just like their reports and projections lied. If only you had an independent means to corroborate their rosy assessment.

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Desktop Computer Your transparent solution? GAMP

Notebooks These three scenarios might seem unique but they are simply a variation on the same theme. Every business, regardless of industry, size or stage of development shares a common denominator. After all, every business has customers, competitors, regulators, employees, finances, strategies, projects and operational processes. Every business requires the same basic set of management systems to function efficiently and communicate qualitative results accurately. I believe that it is this common denominator that should be represented by GAMP.

Lenovo What is GAMP?

Hard Drive GAMP stands for Generally Accepted Management Principles.

Travelstar ** What vs. How

Gateway Current management theory is filled with ubiquitous terms that are casually discussed with the expectation that leaders put theory into practice. For example:

Laptop Parts * Transparency
* Accountability
* Lean
* Balanced
* Standardized

Software The list goes on.

Hard Drives The business sections of every library and bookstore are filled with texts advising leaders "what" they need to do. However, very few demonstrate "how to" practically implement their recommendations. The remaining solutions are often so complex, narrow-focused and overweight, that they are impractical except for the most sophisticated management teams.

Electronics What's needed is a standardized set of integrated leadership tools that prescribe specific, intuitive methods for establishing a company's foundation of best management practices.

Canon
** GAMP Would "Fill the GAAP"

Desktop Pc Business leaders have long recognized the benefits of employing standardized systems to regulate the flow of information to stakeholders.

Desktop Computers For example, Generally Accepted Accounting Principles (GAAP) standardizes a system of accounting which is used to communicate financial results. Anyone with a basic understanding of balance sheet and income statement organization, can easily assess the financial standing of virtually any business. In terms of communicating quantitative results, GAAP is a powerful shared business language -- but, is quantitative reporting enough?

Think Pad Recently, great attention has centered on the limitation of GAAP. Regulators and stakeholders are demanding greater transparency. They want to understand the story behind the numbers. For example, Sarbanes-Oxley is the reaction of an angry nation to a system of financial reporting that is easily manipulated by management.

Repair The limitations of GAAP are easy to understand because financial reporting relates a single perspective that cannot easily communicate qualitative results. Extensive footnotes and carefully worded executive summaries attempt to fill the gap but they often fail to provide the level of transparency desired by concerned regulators, investors and other stakeholders.

Data Recovery GAMP would provide a parallel system of qualitative reporting to balance the quantitative information governed by GAAP. Together, GAAP and GAMP, would provide a more complete indication of a company's current results and a more accurate predictor of future performance.

Cisco
** WIN BIG!T as GAMP

Keyboard I created WIN BIG!T for the equal benefit of a company's CEO, employees, executive team, board of directors, advisors and investors. It provides a transparent "paper-trail" that corroborates management and team representations and promotes honest, ethical business conduct by all those entrusted to carry out a company's business plan.

Monitor WIN BIG!T enables those familiar with its standardized reporting to quickly assess the qualitative results of virtually any business. For this reason, I believe WIN BIG!T could easily form the basis of GAMP. For example:

Desktop * The Living Business PlanT standardizes a system of gathering, assessing, documenting and communicating information related to a company's evolving competitive position. Its familiar reporting structure facilitates quick study and analysis.

Infosys * Goal-StormingT provides a uniform method of identifying, documenting and reporting a company's evolving strategic orientation. It provides insights into an executive team's strategic planning process related to every significant area of management responsibility.

Refurbished Laptops * ImplementACTIONT reports information related to project planning and implementation. It promotes transparency and accountability by communicating progress in an easily understandable format.

Wipro * Business in a BoxT provides a uniform method for communicating how routine business functions should be performed. It depicts the current manifestation of a company's evolving business model.

Lap Top * Facilitated ManagementT provides a high level overview of a company's qualitative results. Its "qualitative" perspective provides the balance needed to better understand "quantitative" reporting.

Refurbished Imagine, for example, the benefit that would accrue to venture capitalists, investors, executive teams and CEO's if all interested parties had access to the same standardized reporting system provided by WIN BIG!T --

Memory * Overwhelmed leaders would have the means to order their chaos and regulate all the moving parts of their business. They would have a highly organized framework to focus their efforts and achieve a decisive competitive advantage.
* A company's "parents" would have sophisticated methods to pass the baton of responsibility to succeeding generations.
* Angel investors would have transparent mean to manage their investments.
* Business leaders and their management teams would synchronize to a common strategic vision. Their efforts would be coordinated by a common management "language."

Intel It is this "grand idea" of creating a universally applicable leadership strategy and reporting model that motivated me to spend nearly two years standardizing my WIN BIG!T strategy for general use.

As400 I am eager to hear your ideas and thought concerning the development and promotion of GAMP.

Averatec Michael Kramer
800-999-9231
info@winbig.org

Hardware Please download the free eBook titled, "My Win BigT Secret - The Ultimate Small Business Breakthrough Strategy" - www.winbig.org/secret.

Dual Xeon

ABOUT THE AUTHOR: Michael Kramer provides the antidote for overworked business owners. He's a highly successful entrepreneur and the award winning author of the eBook, "My Win Big Secret - The Ultimate Business Breakthrough Strategy." Learn Kramer's secret approach for making more money, working less and selling your business for millions. Get your free copy now: www.winbig.org/secret

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