Business I / Functions and Roles of Management
Practice question · Put in order

Order one full turn of the management cycle for a product launch.

Hints
  1. Structure must exist before anyone can be led within it.
  2. Measuring against the plan feeds the next round of planning.
Show the answer
  1. Set the launch goal and choose the strategy
  2. Assign teams, budgets, and authority
  3. Motivate and coordinate the teams through the launch
  4. Measure results against the goal
  5. Feed the variances into next cycle’s plan
Why

Plan, organize, lead, control, and the arrow back to plan, which is what makes it a cycle rather than a checklist.

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