Sorry, but your reading/using old knowledge for building a new kernel. The steps are;
make mrproper (or make clean)
make menuconfig (or make xconfig or make gconfig)
make
make modules_install
make install
The last one does the work to install the new kernel (copying the files and running mkinitrd) and updates the bootloader.
Please download for reference:
http://www.kernel.org/pub/linux/kern...a_nutshell.pdf
.