The sequence of functions in the management cycle is determined by the principle that the next step cannot be completed until the previous one is completed. After completing the analysis and drawing up a plan, the manager moves on to work on the strategy. He carries out planning based on the indicators obtained at the previous stages. It is important to note that the strategy must be agreed upon within the enterprise. Its details must be discussed with each manager responsible for its implementation.
Creating a strategy involves a number of steps:
goal definition;
development of methods and selection of tools;
choice of management methods;
unification of methods, approaches and management tools;
report preparation.
In this case, there is no analysis stage, since british student data package it is considered that it has already been carried out in the previous phase of the management cycle.
Formation of strategy
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An important aspect of working on strategy is the formation of an information environment. The manager must establish an effective data transfer system that will be accessible to all managers at different levels.
Implementation of strategy
The management cycle includes a phase of implementing strategic plans. First of all, the manager must conduct analysis and planning, set goals, prioritize, formulate and launch a long-term policy.
This stage is the first step towards implementing an action plan for managing an enterprise or individual structures.
It should be noted that at each level, "micro-implementation" of strategy elements is carried out. Managers of different ranks study the planned plan and deploy it within their authority. Such incorporation involves ensuring all necessary conditions for the effective implementation of the strategy. In this context, separate acts and regulations should be created, special equipment should be selected and purchased, and personnel should be trained. Only with this approach can the set tasks be accomplished.
Management
Management (organization) is the peak phase of the cycle. This stage is associated with direct management of various areas of the company's activities. If planning has been carried out, a strategy has been formed and the necessary methods have been selected, then we can say that there are all the prerequisites for effective management of the enterprise.
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Control
The management cycle and control are related concepts. It is important for the manager to have an idea of the degree of success of the management strategy implementation. He must understand whether the planned actions will help to achieve the necessary results.
The control stage involves conducting research. Do not confuse this process with the primary analysis. These procedures are very similar, but at this stage it is necessary to identify the weak points of the strategy, rather than to form new plans. It is necessary to study the behavior of the changed structure in order to create conditions for its normal operation. The control data are used to form optimizing management decisions aimed at adapting the system.