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Controlling
1. A Presentation on Making
Controlling Effective
By
Ananyaree
Tejaswini
Kiran Kumar
Havish Chivukula
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2. Contents
1. Definition of Controlling
2. Need for Controlling
3. Process of Effective Controlling
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3. Controlling
The measurement and correction of performance in
order to make sure that enterprise objectives and the
plans devised to attain them are being accomplished.
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4. Need for Controlling
1. Accomplishing Organizational Goals
2. Judging Accuracy of Standards
3. Making Efficient Use of Resources
4. Improving Employee Motivation
5. Ensuring Order and Discipline
6. Facilitating Coordination in Action
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5. Effective controlling
To make controlling effective, the following characters are necessary:
1) OBJECTIVES
A system of control can work more effectively when it is based on the
main objectives or goals of the organization.
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6. Effective controlling(Cont)..
2) SUGGESTIVE
The control system should also be suggestive. A system which detects
deviations only should not be held good, but should also tell the
accurate and correct alternative.
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7. Effective controlling(Cont)..
3) FORWARD LOOKING
The system of control should be forward looking which enables the
managers to keep a control on operations in advance. Each and every
deviation from the standards should be noted in time to take corrective
action before the task is completed. This will avoid or minimize the
deviation in future.
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8. Effective controlling(Cont)..
4) COMPETENT AND TALENTED STAFF
A system of control can work more effectively if it has talented and
competent people to work in the organization.
5) ECONOMY
A system of control to be adopted by the organisation should be
cheaper in terms of expenses.
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9. Effective controlling(Cont)..
6) ACTIVE PARTICIPATION
All members in the organization should participate in the effective
implementation of the control system which is only possible when each
and every worker in the organization is asked to take active part in the
discussions and exchange views while selecting the system of control.
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10. Effective controlling(Cont)..
7) QUICK ACTION
Determining whether changes need to be made, what changes need to
be made and devising a plan for making changes.
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11. Effective controlling(Cont)..
8) DIRECTNESS
In order to make the system of control more effective, it is necessary
that the relation between the workers and management should be
Direct.
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12. Effective controlling(Cont)..
9) FLEXIBILITY
The system of control should be such that it accommodates all changes
or failures in plans. If plans are to be revised due to change in its
objectives, the system of control should also be adjusted to suit the
changed circumstances.
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13. Effective controlling(Cont)..
10) SUITABLITY
A business organization should adopt such a system of control which
suits its requirements.
To make sustainability favorable, it is necessary to know the nature of
the business, needs of the workers a circumstances prevailing inside
the organization.
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14. Effective controlling(Cont)..
11) REGULAR REVISION
The system of control should be based on objective results, after
proper technical and analytical studies.
They must be revised regularly and kept to meet the objectives of the
organization.
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15. Effective controlling(Cont)..
12) FEEDBACK
The success of a business depends on a system of control and for a
systematic control advance planning is needed.
The control system should be such that it is based on past information
and which would also adjust if necessary to future actions.
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For example, sales team may not be doing enough calls or pitching in sales compared to last year. May be the client base is huge and the staff is not enough, so the manager should hire more staff.
Expected Performance and Actual Performance. For example comparing the sales of current year with last year.