Home | ARTS | Management Concepts & Organisational Behaviour | Controlling-Functions of Management

Management Concepts & Organisational Behaviour - Nature Of Management

Controlling-Functions of Management

   Posted On :  17.05.2018 07:44 am

Planning and controlling – the two functions are closely interrelated in that while plans specify the objectives to be achieved, control as a managerial function facilitates to know whether the actual performance is in conformity with the planned one.

Controlling
 
 
Planning and controlling – the two functions are closely interrelated in that while plans specify the objectives to be achieved, control as a managerial function facilitates to know whether the actual performance is in conformity with the planned one. So that, in the event of deviations, appropriate corrective measures could be taken. In the absence of adequate control mechanism, unexpected changes in the environment may push the organisation off the track. Thus, controlling implies measuring and correcting the activities to ensure that events conform to plans. That is why planning and controlling are often described as the ‘Siamese’ twins of management. It involves four main elements:

1. Establishing standards of performance;
2. Measuring the actual performance and comparing it against the standard performance;
3. Detecting deviations, if any, in order to make corrections before it is too late; and
4. Taking appropriate corrective measures.


Tags : Management Concepts & Organisational Behaviour - Nature Of Management
Last 30 days 296 views

OTHER SUGEST TOPIC