The Universal Management Cycle
The cycle shown above is the fundamental process for Real Time Failure Prevention System and for managing failures. The novel approach for managing failures directly addresses risk and reliability through development of specific tasks for failure prevention. This is the opposite for most management processes that focus on performance, production, maintenance, operation, quality, safety, environment, or the other commonly "managed" activities.
The Universal Management Cycle is a carefully crafted combination of The Shewhart/Deming Cycle, Management by Objectives, and Strategic Management.