The management cycle sequence includes several interrelated stages:
analysis;
formation of plans;
development and implementation of strategy;
organization;
making changes;
control and final analysis.
At all stages of the management british student data package cycle, the manager carries out activities in accordance with a pre-developed plan. The main task is to increase the efficiency of the enterprise. However, one phase of the cycle cannot exist independently of another.
There are short-term and long-term iterations. In the first case, all stages are completed within 2-3 hours, and sometimes in a few minutes. In the long term, management involves a systematic approach, it covers everything from setting the task to execution.
Systematic approach
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Analysis
Management is carried out by carrying out certain activities during successive stages. The structure of the management cycle is an interconnected process, where the implementation of the first phase is a prerequisite for the second and all subsequent ones. At the beginning of each iteration, an analysis is carried out.
At this stage, it is necessary to identify the strengths and weaknesses of management. During the analysis, factors influencing the level of efficiency of the organization's management are also identified. Research allows us to find out which areas of activity bring the greatest profit, how income is used, and how effectively the staff performs their duties.
The analysis process consists of three stages: preparatory, exploratory, and final. In the first stage, managers set goals and determine research tools. In the second stage, an assessment is carried out, and in the third stage, a report is prepared based on the data obtained.
The analysis can be carried out using various methods: observation, interviews, experiments or detailed study of documentation.
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Making a plan
The stages of the management cycle are closely related to each other, but in some cases their implementation can take place in parallel.
The analysis is always followed by the planning stage. After assessing the current situation, defining key indicators, identifying the strengths and weaknesses of management, the manager develops an action plan. This stage, like others, covers production, sales, human resources, material and financial resources.
During planning, one of the following typologies is used:
reactive (indicators of previous periods are taken into account);
inactive (the manager takes into account current parameters);
preactive (strategy development is based on forecasts);
interactive (several typologies are combined).
Planning as a management function is based on the principles of unity, continuity, participation and flexibility. The following tools are used in developing the document: creative approach, adaptive search, accounting, marginal analysis, discounting. In addition, planning is carried out using economic and mathematical models.
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