![]() ![]() Therefore action can be taken before such a circumstance arises. Predictive/ feedforward control: This type of control helps to foresee problem ahead of occurrence.It checks any problem and examines it to take action before any loss is incurred. Concurrent control: It is also called real-time control.Feedback Control: This process involves collecting information about a finished task, assessing that information and improvising the same type of tasks in the future.An effective control system enables managers to avoid circumstances which cause the company’s loss. Taking corrective actions: It is initiated by the manager who corrects any defects in actual performance.Ĭontrolling process thus regulates companies’ activities so that actual performance conforms to the standard plan.Comparison of actual performance with the standard: This compares the degree of difference between the actual performance and the standard.With the increasing levels of management, the measurement of performance becomes difficult. Measurement of actual performance: The actual performance of the employee is measured against the target.Qualitative standards, on the other hand, includes intangible items. Quantitative standards are expressed in terms of money. Standards indicate the criteria of performance.Ĭontrol standards are categorized as quantitative and qualitative standards. Establishing standards: This means setting up of the target which needs to be achieved to meet organisational goals eventually.Planning is a forward-looking process as it deals with the forecasts about the future conditions.Ĭontrol process involves the following steps as shown in the figure: Controlling is a backwards-looking function which brings the management cycle back to the planning function. Improves overall performance of an organization.Ĭontrolling and planning are interrelated for controlling gives an important input into the next planning cycle.Ensures future planning by revising standards.Motivates the employees and boosts employee morale.It evaluates the accuracy of the standard.Facilitates optimum utilization of resources.It helps in achieving organizational goals.An effective control system has the following features:.It helps in taking corrective actions by the manager in the given timeline to avoid contingency or company’s loss.Ĭontrolling is performed at the lower, middle and upper levels of the management. Every manager needs to monitor and evaluate the activities of his subordinates. ![]()
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