Management tactics are dynamically applied to a business, depending on the model and the intended goals. Various firms choose a management practice that best suits the objectives, can use multiple strategies, vary their mode of operations, combine more than one plan, and streamline them to meet the organization’s aims. The goals are to be in harmony with what the stakeholders have in the project. This paper discusses the management tactics to be applied, explains the decisions, identifies the business functions influenced most, and mentions the leadership strategies to achieve an action plan.
I will apply management by objectives to meet the plans of the organization. The company already has all its objectives laid out and drawn in the flow chart. The leadership now has to provide a properly working system to ensure the goals are met and achieved. In management by objectives, the seniors and the employees agree to every plan and action. Bryson (2018) elaborates that the strategic management plan ensures every item listed is drawn into achievable duties, and each of them is delegated to the various departments to deliver.
The managers’ role is to enhance the smooth running by providing every resource to the firm and the people involved. The remaining work streamlines every task done and supervises other roles’ achievements by providing the help needed. Providing the resources required is a more straightforward method than other management methods that would work for this system.
Managerial decision-making is a complex part of the task, which requires various consultations. I will not make decisions based on feelings or personal thoughts but depending on the needs of such crucial decisions and their intention. One of the items to consider is operations, which will work differently for businesses. As a manager, I need to keep on consulting, find what ails the members and their work, and make decisions to correct the flaws identified. In doing so, I will be considering the milestones achieved, the objectives to complete, and other decision-making parameters. Decisions cannot be made to improve one department but will be a collective consideration of all the issues raised by other sectors (Ansoff et al., 2018).
The logic for this is to keep every department of the firm independent but geared to achieve the same objectives. These decisions will also consider the likely differences that they will have to handle the firm and avoid distorting the process. Business functions impacted by the tactics include learning, internal processes, and customer service. The objectives identified above are specific to every department that will find ways of achieving them (Cagle et al., 2020). The functions mentioned also will vary depending on the roles each member of the organization has. They will function independently after the delegation of duties.
For the successful execution of the action plan, I will consider scope identification associated with budget, methodology, and objectives. In addition, I will carefully observe a selection of team members considering their abilities to deliver. Members should be selected depending on their assigned duties and their individual talent (Globocnik et al., 2020; Super, 2020). Duties delegation enables team confidence and inherent abilities hence motivation and bringing about best plan results.
After team members’ selection, outlining goals and keeping them focused becomes the next step. Having an idea of what to expect enables managers to set short-term goals (Globocnik et al., 2020). I will focus on creating goals that are measurable, timely, realistic, and attainable. Team members should write down subtasks that serve as a milestone toward goal achievement. The subtasks should have a deadline that matches with overall project timelines. Outlined goals should be specific, measurable, achievable, relevant, and time-based.
Data management has become the next strategy; data storage lately has become more affordable and easily accessible. However, accessibility leads to severe data insecurities, such that even cloud-based data management keeps an eye hence the central selling point. Globocnik et al. (2020) indicate that monitoring progress daily acts as an easy way to understand the project, team, and individual deadlines. The ability to send regular status updates enables managers to inform other team members of the already made contributions and necessary changes. As well, it is advisable to manage resources carefully before diving into complete actions.
Understanding the project well through communication, procurement, time, change, acceptance, quality, risk, issue, and cost management enables individuals to develop focused reactions through abilities toward goal achievement. Fostering team collaboration is done by ensuring each department head participates in the work. The department heads will provide regular updates on their work and the progress made. This will be successful due to the delegation of duties to every department to handle. Additionally, there should be proper rules and regulations on resource management to ensure every department head and member manages the resources.
In conclusion, management is achieved through a collaborative team; employees should indicate combined goal achievement measures. The decision-making process requires enough consultation from all members, identifying business risks and success. All departments in an organization should be involved to understand issues that need change and achievements made. The successful business considers monitoring activities implemented and actions taken towards goal achievement. Organizations need to communicate with team members in purposes to understand the progress made and deadlines met. The ability to work within the intended deadline is highly recommendable, and organizations achieve more than expected.
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Bryson, J. M. (2018). Strategic planning for public and nonprofit organizations: A guide to strengthening and sustaining organizational achievement. John Wiley & Sons.
Cagle, M. N., Yılmaz, K., & Doğru, H. (2020). Digital Business Strategies in Blockchain Ecosystems. Springer.
Globocnik, D., Faullant, R., & Parastuty, Z. (2020). Bridging strategic planning and business model management-A formal control framework to manage business model portfolios and dynamics. European Management Journal, 38(2), 231-243. Web.
Super, J. F. (2020). Building innovative teams: Leadership strategies across the various stages of team development. Business Horizons, 63(4), 553-563. Web.