Controlling can be defined as that function of management which helps to seek planned results from the subordinates, managers and at all levels of an organization. The controlling function helps in measuring the progress towards the organizational goals & brings any deviations, & indicates corrective action.
What is controlling and types of controlling?
In management terms, control means setting standards, measuring actual performance, and taking corrective action. Control involves making observations about past and present control functions to make assessments of future outputs. These are called feedback, concurrent control, and feedforward, respectively.
What is the definition of control in management?
Definition: Control is a primary goal-oriented function of management in an organisation. It is a process of comparing the actual performance with the set standards of the company to ensure that activities are performed according to the plans and if not then taking corrective action.
What are the steps in the controlling process?
Controlling Process in Management. Controlling as a management function involves following steps: Establishment of standards-Standards are the plans or the targets which have to be achieved in the course of business function.They can also be called as the criterions for judging the performance.
What is the difference between controlling and planning?
Controlling is a backwards-looking function which brings the management cycle back to the planning function. Planning is a forward-looking process as it deals with the forecasts about the future conditions. Control process involves the following steps as shown in the figure:
What is the purpose of the controlling function?
The Controlling function in management is one of the functions of management that aims as a guarantor so that all work activities are carried out in accordance with the references that have been determined and arranged in the planning.