Importance of controlling
Steps of controlling
1. Establishment of performance
standards
2. Measurement of actual performance
3. Comparison of actual performance
with standards
4. Analyzing deviations
5. Taking corrective actions
Meaning of controlling
Comparison, finding and analyzing
deviation, taking corrective action
1.
2.
3.
4.
5.
6.
7.
8.
Achievement of organizational goals
Optimum utilization of resources
Decentralization of authority
Means of coordination
Better employee morale
Simplified supervision
Better planning
Coping with change
Controlling
MBE
Relationship between planning and
controlling
1. Meaning
2. Merits
3. Demerits
Span of control
Number of subordinates directly /
effectively and efficiently controlled by
a single superior / manager.
1. Meaning of both controlling and
planning
2. How are they related?
3. Both are forward looking and
backward looking.