CONTROLLING- Concept, FEATURES, NEEDS OF CONTROL SYSTEM and IMPORTANCE OR SIGNIFICANCE OF CONTROL

CONTROLLING

Concept

“Controlling is the process of evaluating actual performance and, if necessary, taking corrective actions so that the performance is in accordance with planned performance’’

It means to know that all work is performed according to the Predetermine planning, objectives and principles or not, what are the reasons, who is responsible and what are the methods of improving it.

FEATURES

·         Controlling is both backward and forward looking function.

·         It is relevant at all management level.

·         It is continuous process.

·         Controlling system is action-oriented.

NEEDS OF CONTROL SYSTEM:

To run an enterprise smoothly and perfectly in accordance with the set goals, a healthy and effective control system is a must. But, it is a well known fact healthy and effective control depends solely upon:

         i. The effective plans.

        ii. The good and continuous system to develop progress report in the enterprises.

      iii. The system for corrective steps if there is some difference between the set plans and the progress report.

       iv.The system to analyses the whole work at a glance.

 

IMPORTANCE OR SIGNIFICANCE OF CONTROL

Control is the most important aspect of a manger’s function .the significance of control in an organization can be judged from the following:

Ø  INSURANCE VALUE OF CONTROL: control eliminates the risk of non-conformity of actual performance with the main goal of the organization.

Ø  BASIS FOR FUTURE ACTION: Control provides the information and facts to the management for planning and organizing when the work in complete and the result is evaluated.

Ø  SIMPLIFIES SUPERVISION: The systematic control helps in finding out the deviation existing in the organization which simplifies the subordinates.

Ø  FACILITY OF COORDINATION: Control plays a very important role in coordinating the business activities and worker it binds all the workers and other activities and motivates them to move towards the common objectives through coordination.

Ø  EXTENSION OF DECENTRALIZATION: Control system helps the top management to extend the decentralization without the loss of control.

Ø  HELPS IN IMPROVING EFFICIENCY: the control system helps in improving organizational efficiency. Various control devices act as motivators to manager.

Ø  PSYCHOLOGICAL PRESSURE ON EMPLOYEES: Control put psychological pressure on employees in the organization to work and to act collectively as and when required.

Ø  REDUCES UNCERTAINTIES: control minimizes variability and predictability in the use of means and attainment of end. 

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