Wednesday, December 25, 2019

Management-Controlling Function - 916 Words

Introduction Once managers assume responsibilities for their units, they decide â€Å"where they are going† (Planning), who will do what (Organizing), and how to motivate their employees (Leading). In this presentation, we are going to explore how to keep things under control in an organization. It is imperative that all managers should be involved in the control function even if their units are performing as planned. Managers cant really know whether their units are performing properly until they have evaluated what activities have been done and have compared the actual performance with the desired standard. An effective control system ensures that activities are completed in ways that lead to attainment of the organization’s goals.†¦show more content†¦* Must identify significant differences between actual results and original plan. * Effective control requires measurement. * Step 3 — comparing results with objectives and standards * Need for action reflects the difference between desired performance and actual performance * Comparison methods: * Historical comparison * Relative comparison * Engineering comparison * Step 4 — taking corrective action * Taking action when a discrepancy exists between desired and actual performance. * Management by exception * Giving attention to situations showing the greatest need for action. * Types of exceptions * Problem situation * Opportunity situation * Feedforward controls * Employed before a work activity begins. * Ensures that: * Objectives are clear. * Proper directions are established. * Right resources are available. * Focuses on quality of resources * Concurrent controls †¦ * Focus on what happens during work process. * Monitor ongoing operations to make sure they are being done according to plan. * Can reduce waste in unacceptable finished products or services. * Feedback controls †¦ * Take place after work is completed. * Focus on quality of end results. * Provide useful information for improving future operations. * Internal and external control *Show MoreRelatedManagement Function Controlling1653 Words   |  7 PagesFunctions of management The functions of management uniquely describe managers jobs. 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