Controlling in Management

2. CONTROLLING
PREPARED BY-
PRAJAKTA PANSARE (96)
PRAMOD LAHAMGE (97)
PRANAV DEORE (98)
PRATHAMESH KSHIRSAGER (99)
POOJA SONJE (100)

3. DEFINITION OF CONTROLLING
• According to Henry Fayol -
Control of an undertaking consists of seeing that
everything is being carried out in accordance with the
plan which has been adopted, the orders which have
been given, and the principles which have been laid
down. Its object is to point out mistakes in order that
they may be rectified and prevented from recurring

4. OBJECTIVES OF CONTROLLING
Objectives
Make
Effective
plan
To Motivate
Employees
Face
changing
Environment
To Make
organisation
Effective
To
Provide
Feedback
To Fix
Responsibility

5. Setting
objectives
Standards
&
Benchmarking
Monitoring
Correcting
Deviation
PROCESS OF CONTROLLING

6. Helps In Achieving The Objectives
Helps An Achieving Better Coordination
Facilitates Decision Making
Efficient Use Of Resources
Improves Employee Moral
Helps In Better Planning
IMPORTANCE OF CONTROLLING

7. CONTROLLING
TECHNIQUES
TREDITIONAL MODERN
CONTROLLING TECHNIQUES

8. • Personal Observations
• Statistical Data
• Special Reports And Analysis
• Operation Audit
• Budget And Budgetary Control
• Break-Even Point Analysis
TRADITIONAL TECHNIQUES

9. • Return on investment
• Responsibility Accounting
• Human Asset Accounting
• PERT
• Management Audit
• Total Quality Management
• Six Sigma
MODERN TECHNIQUES