07-12-2012, 04:08 PM
Presentation On Controlling
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Controlling is an important element of the management process. In addition to pointing out the actions needed to accomplish the goals, it provides a record of actual performances
Definition
E.F.L. BREECH: Control is checking current performance against pre-determined standards contained in the plans with a view to ensuring adequate progress and satisfactory performance.
BILLY E. GOETZ: Management control seeks to compel events to plans
H. FAYOL: In an undertaking, control consist in verifying whether everything occurs in conformity with the plans adopted.
Scope Or Areas Of Control
Policies
Organization
Employee
Overall Control
Production
Capital Expenditure
Materials, Labor
Wages And Salary
Essentials Of Effective Control System
Reflect Organizational Needs
Promptness in Reporting Deviations
Forward-Looking Control
Objective Control
Flexible Control
Economical Control
Simple Control
Corrective Control
Advantages Of Controlling
Control Prevents Faulty Operations and create a good base for the future and helps in taking sound decisions
Control Systems Ensure Corrective Measures in case the plan activity deviates from Original Designs
Control Systems Provides a good Opportunity For Decentralization Of Authority
Control Brings About Co-ordination in Planned Activity
A Good Control System Acts As a Disciplinary measure and brings about operational efficiency