Importance of Control in management
PrintListen to this Article
The Importance of Control in management are as follows:
(1) Reduces Risk:
Control eliminates the risk of non-conformity of actual performance with the main goals of the organisation. Control is the function which regulates the operation to ensure the attainment of the set objectives.
Regular measurement of work in progress with proper adjustments in operations puts the performance on the right track and helps in the achievement of goals.
(2) Basis for future action:
Control provides the information and facts to the management for planning and organising when the work is completed and the result is evaluated. In fact, evaluation of results helps the management replant for non-repetitive operations and rewarding, punishing and discipline the workers.
It would be better to say that future long term planning is not possible unless and until control information is available in time to the managers for the operation of work.
(3) Size of the business:
In large scale business in the modem times it is quite impossible to work without proper policies, procedures and quality of different varieties of goods. That is why in a large scale organisation there is always the need of a scientific system of control to solve the day to day problems.
(4) Indicator for managerial weakness:
In the organisation there will be certain unforeseen and unknown problems which cannot be traced out by mere planning, organising and staffing efforts. It is the control process that can trace these out. That is why it is known as an indicator of the managerial weakness. Control not only finds out the weakness of managers but also provides solutions and remedial action to solve the problems.
(5) Facility of coordination:
Management and coordination of the business activities and workers is a very important role. It binds all the workers and their activities and motivates them to move towards the common objectives through coordination.
Control will play the role of a middleman between the workers and management to provide the required information in time to the workers.
(6) Simplifies supervision:
A systematic system of control helps in finding out the deviation existing in the organisation which also simplifies the task of the supervisor in managing his subordinates. So through control its becomes simpler for the supervisor to supervise and guide the workers to follow the right track and fulfill the required goals.
(7) Extension of decentralisation:
Control system helps the top management to extend the frontiers of decentralisation without the loss of control. When proper procedures, policies, targets, etc, are clearly communicated to the subordinates, they develop self-confidence and need not always refer to their supervisors with the problems.
Category : General | Comments : 0 | Hits : 233
As a registered valuer entrepreneurs often ask’s us, what is the value of my Business ? There is no right answer to this question as valuation is a very subjective thing. I will value a flat near my office higher as compared to someone whose office is far from that flat or a person will value an apple more when he is hungry compared to a time when he is not hungry. So the question what is the value of my business remains unanswered. It will always be difficult to ascertain the value of...
APEDA (Agricultural and Processed Food Products Export Development Authority) registration in India is an essential requirement for businesses engaged in the export of agricultural and processed food products. APEDA plays a crucial role in promoting the export of these products and ensuring their quality and compliance with international standards. This article will walk you through the step-by-step process of APEDA registration and the documents required for the same Step 1. Unde...
FSSAI (Food Safety and Standards Authority of India) registration is mandatory for any business involved in the food industry in India. The registration process involves several steps and requires specific documents to be submitted. Here is a detailed analysis of how to do FSSAI registration in India step-wise, along with the necessary documents: Step 1: Determine the Type of Registration FSSAI offers different types of registrations based on the scale and nature of the food business. ...
A lacuna in your employment history within your curriculum vitae can have potential drawbacks on your job hunt and career opportunities. Addressing a career gap in your CV can be challenging, but there are several unique ways you can handle it. Here are some approaches you can consider: Address the gap directly: Be honest and upfront in explaining the reason for your career gap. Don't try to hide it or sugarcoat it – address it head-on. Be positive and confident: W Regardless of the re...
Introduction India is widely recognized as one of the prominent players in the global economy. Despite being a developing nation, India's economy has a significant impact on world trade. The majority of the most developed countries worldwide are eager to establish or strengthen their ties with India. Investors prefer India as a desirable location over other major countries due to its vast market base and the evolving purchasing habits of its middle-class citizens. As mentioned earlier, I...
Comments