Life cycle
All objects and people in the context of the corporate environment are subject to a life cycle. That way, machines, programs, infrastructures, as well as employees and their knowledge follow a similar course of growing, living, and fading away. The handling of the specific aspects differs in each phase. All objects and subjects have their cycle and are in different states at a time. These cannot be synchronized due to their very nature.
The life cycle consists of five phases: Development, Disruption, Activity, Phase-out, and Latency.
- Development
This is the stage of growth, where something new matures. Openness and creativity are needed to arrive at viable results. Approaches can turn to be redundant and contradictory. Therefore, the development ends with the selection of the best result and the final structuring.
- Disruption
In the disruption, it is decided for the first time whether the new procedure will be implemented in daily business. The question is repeatedly asked: to what extent the solution stands the test and can be continuously used. In this step, one needs evaluation criteria that enable the decision concerning continuing or phasing out of the approach.
- Activity
This is the operation that runs until the phase-out will be decided. The continuous improvement of the solution extends its period of use. The particular aspect of this cycle is the exchange of opinions at the beginning that provides relevant information to the participants to use the solution effectively.
- Phase-out
After the decision is made to let something go, it should be consequently be done. The phase-out heralds the end of the solution and dissolves it steadily. The sluggishness of the organization and the people involved requires stringent disclosure of the reasons for the dissolution and perspectives for the employees concerned.
- Latency
Even if an object or a person is no longer deployed, they are still subliminally available. Through skillful remembering, the latency items can be reused for the development of new business aspects. Usually, there is no need to reinvent the wheel.
The most significant challenges are the asynchronous life cycles of the business elements, which require that you have to deal with developments, disruptions, activities, and reductions and latency at any time.