Controlling
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Controlling

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    Controlling Controlling Presentation Transcript

    • Controlling
      • It is the process of monitoring organizational activities to ensure that they are being accomplished as they planned and taking corrective actions if there are significant deviations
      • Controlling is checking current performance against predetermined standards contained in the plans with a view to ensure satisfactory performance
    • Characteristics Of Controlling
      • Forward looking
      • Continuous process
      • Exercised at all levels
      • Identified with individuals
      • End function
    • Importance Of Controlling
      • Ensures better performance
      • Helps in coordination
      • Efficiency and Effectiveness
      • Managerial Responsibility
      • Source of motivation
      • To identify potential of the organization
    • Control Process Measure Performance Does it match Standard performance Establish Standards Do Nothing Take Corrective Action No Yes Feedback
    • Stages of Controls
      • Preliminary or Feed forward Control
      • ( These controls are based upon the future )
      • Screening or Concurrent Control
      • ( These are the controls which are being done when the activities are performed )
      • Post Action or Feedback Control
      • ( Analyses of the final output )
    • Levels of Controls
      • Strategic Control
      • ( Long term control , corporate level )
      • Tactical Control
      • ( Intermediate control , Middle level )
      • Operational Control
      • ( Short term control , Lower level control )
    • Barriers to Control
      • System Barriers
      • Behavioral Barriers
      • Political Barriers
    • Controlling Techniques
      • Budgetary Control / Traditional
      • Budgeting ( preplanned expenditure )
      • Cost Control ( control key resources )
      • Production Planning & Control
      • Inventory Control
      • Breakeven Analysis
      • Profit & Loss Control
      • Statistical Data Analysis
    • Controlling Techniques
      • Non Budgetary Control / Modern
      • Return On Investment (ROI)
      • PERT ( Programme Evaluation & Review Technique )
      • MIS
      • Management Audit