Framework of Management

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Framework of Management by Mind Map: Framework of Management

1. Decision-making Process

1.1. 1. Analysing

1.2. 2. Planning

1.3. 3. Organising

1.3.1. Finding resources

1.4. 4. Supervising, directing

1.5. 5. Coordinating

1.6. 6. Controlling

2. Timeframe of plans

2.1. Mission

2.2. Vision

2.3. Goals

2.4. Major Business Objectives

2.5. Strategies

2.6. Tactics

3. Type of plans

3.1. Feasibility study

3.1.1. Market

3.1.2. Technical

3.1.3. Economic

3.1.4. Legal

3.1.5. Operational

3.1.6. Scheduling

3.2. Business plan

3.2.1. Strategic marketing plan

3.2.1.1. Market research

3.2.1.2. Tactical marketing

3.2.1.3. Key points needed in preparation of marketing plan

3.2.1.3.1. Place

3.2.1.3.2. Product

3.2.1.3.3. People

3.2.1.3.4. Process

3.2.1.3.5. Promotion

3.2.1.3.6. Price

3.3. Yearly budget

3.4. Forecast

3.5. Project plan

3.6. Action plan

4. Key areas of Management

4.1. Marketing

4.1.1. Mission

4.1.1.1. Researching, getting informed about certain market

4.1.2. Concept

4.1.2.1. Dedicated for a specific target group

4.1.3. Segments

4.1.4. Competitors

4.1.4.1. Benchmarking

4.1.5. Distribution

4.1.6. Sales

4.1.7. Brand

4.2. Revenue

4.2.1. Sources

4.2.2. Price x Quantity (e.g.: number of rooms sold)

4.2.2.1. Method to forecast revenue

4.2.3. Dynamic pricing

4.2.4. Forecast

4.2.5. Statistics

4.2.6. Indicators

4.2.7. Analysis

4.3. Cost

4.3.1. Direct costs

4.3.2. Indirect costs

4.3.3. Fixed costs

4.3.4. P & L = Profit and lost account

4.3.5. Profitability

4.4. Human

4.4.1. Number of staff

4.4.2. Positions

4.4.3. Staff cost

4.4.4. Related

4.4.5. Organigram

4.4.6. Organisation

4.4.7. HRM

4.4.8. Motivation

4.5. Assets

4.5.1. Property

4.5.2. Tangibles

4.5.3. Current assets

4.5.4. Balance sheet

4.5.5. Capital

4.5.6. Investment

4.5.7. Maintenance

4.5.8. Inventory

4.6. Cash/Financial

4.6.1. Plan

4.6.2. Cash flow

4.6.3. Planning

4.6.4. Controlling

4.6.5. Liquidity

5. Marketing management functions

5.1. Environmental Analysis & Marketing audit

5.2. Selecting profitable target market

5.3. Positioning the property

5.4. Establishing objectives and action plans

5.5. Monitoring and evaluating the marketing plan