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The Importance of Controlling in Management, Study notes of Business Ethics

The importance of controlling in management and how it helps in achieving organizational objectives, making efficient use of resources, improving employees' motivation, ensuring order and discipline, and facilitating coordination in action. It also describes the characteristics of controlling, such as being goal-oriented, pervasive, continuous, and action-oriented.

Typology: Study notes

2021/2022

Available from 11/09/2022

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Importance of Controlling in
Management
Controlling aides in accomplishing authoritative objectives
Passing judgment on the exactness of guidelines
Making efficient use of resources
Improving employees’ motivation
Ensuring order and discipline
Facilitating Coordination in action
Controlling aides in accomplishing authoritative objectives:
The controlling capacity a track progress toward hierarchical destinations and
banners any deviations so healing moves can be made.
Passing judgment on the exactness of guidelines:
A successful control framework permits the executives to decide whether the
principles set are precise or not by intently checking changes in the association’s
current circumstances.
Making efficient use of resources:
A director can lessen asset squandering by successfully using assets through the
controlling system.
Improving employees’ motivation:
A powerful control framework ensures that staff knows about how they are relied
upon to treat well as the exhibition necessities. Thus, it rouses and helps them in
conveying prevalent outcomes.
Ensuring order and discipline:
By keeping a cautious eye on the exercises of its representatives, the controlling
capacity creates an environment of request and discipline in the firm.
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Importance of Controlling in

Management

 Controlling aides in accomplishing authoritative objectives  Passing judgment on the exactness of guidelines  Making efficient use of resources  Improving employees’ motivation  Ensuring order and discipline  Facilitating Coordination in action

Controlling aides in accomplishing authoritative objectives :

The controlling capacity a track progress toward hierarchical destinations and banners any deviations so healing moves can be made.

Passing judgment on the exactness of guidelines :

A successful control framework permits the executives to decide whether the principles set are precise or not by intently checking changes in the association’s current circumstances.

Making efficient use of resources:

A director can lessen asset squandering by successfully using assets through the controlling system.

Improving employees’ motivation :

A powerful control framework ensures that staff knows about how they are relied upon to treat well as the exhibition necessities. Thus, it rouses and helps them in conveying prevalent outcomes.

Ensuring order and discipline:

By keeping a cautious eye on the exercises of its representatives, the controlling capacity creates an environment of request and discipline in the firm.

Facilitating Coordination in action:

The last and most pivotal job of controlling is to guarantee that every office and representative is administered by foreordained norms and objectives that are surely known and facilitated. This ensures that the association’s general objectives are met in an ideal manner.

► Characteristics/Nature/Features Of Controlling

  1. Goal-Oriented
  2. Pervasive
  3. Continuous
  4. Controlling is the process of reviewing staff performance
  5. It is a forward-looking function
  6. It is subject to the preparation
  7. Action-oriented Goal-Oriented (controlling in management)

The fulfillment of characterized objectives or goals decides the accomplishment of any administration exertion.

Pervasive (controlling in management)

Controlling is needed in a wide range of associations whether it is benefit making, non-benefit making, business or non-business, at all levels whether it is high-level administration or center-level administration, or lower-level administration.

Continuous (controlling in management)

Continuous performance advancement is a constant, forward-looking way to deal with execution that organizations use to adjust and develop their kin while helping them in their prosperity.

Difficulty in setting quantitative standards

When guidelines can’t be estimated, a control framework loses a portion of its viability.

Little control on external factors

External components like government regulation, specialized headways, and rivalry, among others, are past the control of an organization.

Resistance from employees

Employees, generally, detest being constrained by their supervisors and they detest being in steady cautiousness of the administration.

Costly affair (controlling in management)

Control is a costly method since it requires a truckload of cash, time, and exertion as far as setting principles, estimating execution, and revising the deviations.