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Controlling
Learning Objectives:
Understand the meaning and definition of controlling Understand and analyze the need and importance of Directing Explain the process of controlling
Controlling
Controlling is one of the managerial functions like planning, organizing, staffing and directing. It is an important function because it helps to check the errors and to take the corrective action so that deviation from standards are minimized and stated goals of the organization are achieved in desired manner
Controlling
According to EFL Breach,
Control is checking current performance against predetermined standards contained in the plans, with a view to ensure adequate progress and satisfactory performance.
Controlling Process
Controlling as a management function involves following steps,
Establishment of standards Measurement of performance Comparison of actual and standard performance Taking remedial actions
Establishment of standards:
Standards are the plans or the targets which have to be achieved in the course of business function. Measurable or tangible - Those standards which can be measured and expressed are called as measurable standards. They can be in form of cost, output, expenditure, time, profit, etc. Non-measurable or intangible- There are standards which cannot be measured monetarily. For exampleperformance of a manager, deviation of workers, their attitudes towards a concern. These are called as intangible standards.
Measurement of performance
The second major step in controlling is to measure the performance. Finding out deviations becomes easy through measuring the actual performance. Quantitative measurement becomes difficult when performance of manager has to be measured. Performance of a manager cannot be measured in quantities. It can be measured only by Attitude of the workers, Their morale to work, The development in the attitudes regarding the physical environment, and Their communication with the superiors.
References
http://www.managementstudyguide.com/controllin g_process.htm www.managementstudyguide.com/controlling_funct ion.htm en.wikipedia.org/wiki/Control_(management)Cache d - Similar www.uh.edu/~wagon/OD_09.pptSimilar
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