Lecture
The goal of this stage is to bring the adopted managerial decision to its specific implementation, i.e., to its execution. Therefore, the content of this stage is a set of actions aimed at the concrete fulfillment of the requirements contained in the corresponding document by which this MD was adopted.
Please note!
The result of stage 4 of the MD life cycle scheme is the distribution of tasks arising from the content of the order, and their assignment to specific executors.
The actions of stage 4 of the MD life cycle determine the content of step 11 of the detailed procedure for constructing a managerial decision based on its life cycle (see Fig. 1.5): step 11. Implementation of the MD (based on the data from step 10).
Note that stages 3 and 4 must be carried out taking into account the corresponding adopted regulations — for the adoption of the MD and for its implementation.
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The goal of this stage is to verify that the actual results caused by the implementation of the MD correspond to those that were expected and defined by the goal of the managerial decision.
The content of the stage involves the following set of actions:
Please note!
The result of stage 5 of the managerial decision life cycle model is an assessment of how well the results obtained from implementing this MD correspond to the results and goals defined by the management subject (DM)/
The actions of stage 5, taking into account the results of steps 6—11, determine the content of step 12 of the procedure for constructing a managerial decision based on its life cycle (see Fig. 1.5): step 12. Monitoring the implementation of the MD (based on the data from steps 6—11).
Note that the implementation of each of the stages of the MD life cycle may involve the analysis and use of information corresponding to the goals of the stage in question, as well as the application of various theoretical and practical research methods, in most cases related to the specifics of the field of activity to which the system under study belongs. Thus, if we are talking about an MD in the field of economics, then economic information obtained from all available (general and professional) sources can be used at practically all stages, and at the stage of developing the MD, when searching for alternative variants of the MD, various economic-mathematical and instrumental research methods can be applied, for example. At the same time, the choice of methods itself is also an independent problem, since it can be carried out taking into account the specifics of the system under study itself; the characteristics describing it and changed in order to improve the situation, i.e., in order to transfer the system to a new state; the scope within which the situation being improved is limited, etc. The specific choice of these methods is ultimately made by the decision maker, but taking into account the opinion of developers, professionals, and experts.
The above means that at each of the stages of the life cycle, the following factors may additionally be taken into account:
• the possibility of using general and professional sources of information;
• the possibility of applying various research methods, including mathematical, economic-mathematical, and instrumental ones, determined by the specifics of the field of activity to which the system under study belongs, and the situation that has arisen with it, which requires the implementation of certain managerial decisions.
Please note!
The procedure for constructing an MD based on its life cycle is preceded by an analysis of the situation that has arisen with the managed object (problem identification).
It is carried out to obtain an answer to the question — is a change necessary? If the answer is positive, then the procedure for constructing the MD is used. Otherwise, there is no need to develop a managerial decision.
Overall, the procedure for constructing a managerial decision based on its life cycle can be represented as a certain sequence of steps (see Fig. 1.5).
Please note!
The procedure for constructing a managerial decision based on its life cycle links the theoretical concept of the MD with the practice of its construction.
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As already noted above, the goal of creating any decision support system is for this system to provide the decision maker with information that would help him make the necessary managerial decisions in a well-founded and sufficiently fast manner.
Taking into account the concept of constructing a managerial decision, the DSS should contain a description of the procedure for its construction based on the life cycle in the subsystem containing methodological information. In doing so, a description of all five stages of the scheme should be presented, including a list of actions for each of them; a list and content of the regulatory and internal documents defining the regulations for these actions; and a presentation and description of the procedure for forming an individual MD based on its life cycle scheme (see Fig. 1.5).
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