Management Controlling - 1991 Words

Controlling Controlling consists of verifying whether everything occurs in conformities with the plans adopted, instructions issued and principles established. Controlling ensures that there is effective and efficient utilization of organizational resources so as to achieve the planned goals. Controlling measures the deviation of actual performance from the standard performance, discovers the causes of such deviations and helps in taking corrective actions According to Brech, â€Å"Controlling is a systematic exercise which is called as a process of checking actual performance against the standards or plans with a view to ensure adequate progress and also recording such experience as is gained as a contribution to possible future needs.†Ã¢â‚¬ ¦show more content†¦Controlling leads to identification of new problems that in turn need to be addressed through establishment of performance standards, measuring performance etc. Employees often view controlling negatively. By its very nature, controlling often leads to management expecting employee behavior to change. No matter how positive the changes may be for the organization, employees may still view them negatively. Control is both anticipatory and retrospective. The process anticipates problems and takes preventive action. With corrective action, the process also follows up on problems. Ideally, each person in the business views control as his or her responsibility. The organizational culture should prevent a person walking away from a small, easily solvable problem because â€Å"that isn’t my responsibility.† In customer driven businesses, each employee cares about each customer. In quality driven dairy farms, for example, each employee cares about the welfare of each animal and the wear and tear on each piece of equipment. Controlling is related to each of the other functions of management. Controlling builds on planning, organizing and leading. Kinds of Control Control may be grouped according to three general classifications: (1) the nature of the information flow designed into the system (that is, open- or closed-loop control), (2) the kind of components included in the design (that is man or machine control systems), and (3) the relationship of control to theShow MoreRelatedManagement Controlling2152 Words   |  9 Pagesachieve an effective controlling in an organization By the late 1970s, a successful economic reform program launched in China, many enterprise grasped this opportunity and enjoy a huge achievement during this rare reformation. While the market transferred to a developed market economic, however, enterprise faced more challenges than the past and earning quick profit seems to be more difficult. Ultimately, many of these enterprises shut down due to own ineffective controlling process, failing inRead MoreControlling as a Pillar of Management1084 Words   |  5 PagesCONTROLLING AS A PILLAR OF MANAGEMENT Controlling consists of verifying whether everything occurs in conformities with the plans adopted, instructions issued and principles established. Controlling ensures that there is effective and efficient utilization of organizational resources so as to achieve the planned goals. Controlling measures the deviation of actual performance from the standard performance, discovers the causes of such deviations and helps in taking corrective actions. According toRead MoreManagement Function Controlling1653 Words   |  7 PagesFunctions of management The functions of management uniquely describe managers jobs. The most commonly cited functions of management are planning, organizing, leading, and controlling, although some identify additional functions. The functions of management define the process of management as distinct from accounting, finance, marketing, and other business functions. These functions provide a useful way of classifying information about management, and most basic management texts sinceRead MoreManagement-Controlling Function916 Words   |  4 Pagescompleted in ways that lead to attainment of the organization’s goals. Controlling is related to each of the other function management. Controlling builds on planning, organizing and leading. What is Control? Control is the task of ensuring that activities are carried out and are providing the desired results. In simple terms controlling means setting a target, measuring performance and taking corrective actions required. Management Control Strategy Managers can use one or a combination of three controlRead MoreThe Function Of Management Is Controlling Essay2234 Words   |  9 PagesThe final step in the function of management is controlling. Controlling is broken down into a process that consists of determining the stands to measure performance, then your company measures the actual performance, and compares that performance with the standard, and if needed, corrective action will fall into place. Towards the end of the fiscal year, you begin creating new goals for your company to meet. Goals can consist of customer satisfaction, financial, production, and employee performanceRead More Controlling Process in Management Essay1429 Words   |  6 PagesControlling Process in Management Controlling is directly related to planning. The controlling process ensures that plans are being implemented properly. In the functions of management cycle - planning, organizing, directing, and controlling - planning moves forward into all the other functions, and controlling reaches back. Controlling is the final link in the functional chain of management activities and brings the functions of management cycle full circle. Control is the process throughRead MoreEssay on Management Planning and Controlling661 Words   |  3 Pagesof the Management Control System choices at the Bellagio In the case of Bellagio Casino and Resort, the three main contingent factors in the determination of the Management Control System alternatives are discussed below; Organizational factors: By analyzing the organizational factors, some of the risks that determine the Management Control System include the business risk factors such as conflict and terrorism. The business and corporate espionage is aligned to the code of management controlRead MoreFunctions Of Management : Planning, Directing And Controlling Essay933 Words   |  4 Pagesfour major functions of management in order to succeed. The success of any business organization depends on how well these functions are applied. These management functions make it possible for a business to handle its business strategy, tactical and operational decisions in a more efficient and effective manner. The aim of this paper is to discuss the four main functions of management: Planning, Organizing, Directing and controlling. a. Planning - This is the first management function and it is justRead MoreThe 4th Funciton of Management: Controlling Essays1245 Words   |  5 PagesThe 4th function of Management: Controlling Controlling is the process of monitoring, comparing and correcting work performance (Robins, 420). The controlling procedure is an indispensable key function of management for a few reasons. In any case, it supports supervisors to assess whether objectives have been met or not and the reason behind it. Furthermore, it permits mangers to empower their workers more as having a viable controlling framework provides feedback and data on employees work andRead MoreThe Four Functions Of Management: Planning, Management, Leading and Controlling1225 Words   |  5 Pagesand all moving toward the goal of the company. Some people may think that this person is the owner but most of the time this person is the manager. Successful managers must know, and be able to apply the four functions of management: planning, organizing, leading, and controlling, to their daily work routine. Planning is specifying the goals to be achieved and deciding in advance the appropriate action needed to achieve those goals (Bateman Snell, 2007). All businesses, new and established, must