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Learn how to control the activities of an organization by establishing goals, measuring performance, taking corrective action and following up. See examples and definitions of tangible and intangible goals, actual performance and corrective action.
Controlling is a function of management that compares actual performance with standards and takes corrective action. Learn about the features, process and types of controlling in an organization with examples and diagrams.
- Set Performance Standards. You need a goal for your business, but you also need guidance for your team to keep them working towards that goal. Without such standards, it’s possible that they’ll move away from the plan, whether intentionally or not.
- Measure Performance. Setting a standard makes it possible to measure performance using a control function. Through this measurement of performance, you can quickly catch and correct any deviation from the plan before it goes off-track and runs production into the ground.
- Compare Actual Performance Against Performance Standards. Once you have a baseline for how your teams are performing when manufacturing, packaging, delivering, etc., you can compare the actual to the planned performance and determine the extent of the deviation.
- Analyze Deviations. This brings us to the next step: where you analyze data using the acceptable limits. If standards weren’t met, the manager must then figure out whether more control is required—or if maybe, the standard itself should be changed.
May 7, 2022 · Controlling is a management function that compares actual performance with standards and takes corrective actions. Learn about the types, characteristics, process and techniques of controlling in management with examples and diagrams.
Learn the concept, features, characteristics and types of controlling in management. Controlling is a fundamental, pervasive, continuous, universal and dynamic function that ensures the performance of organisation is according to the plans.
May 29, 2024 · Different steps involved in the process of controlling are as follows: 1. Setting Performance Standards. The first step of the process of controlling is to establish standards of performance against which the actual performance of the organisation is measured.
Dec 18, 2012 · The Monitoring and Controlling Process in project management is a method of keeping a project on track and ensuring that appropriate standards and deadlines are met. The process requires the project manager to collect and understand information about the project, team, and circumstances to make informed decisions.
