Prestige Institute Of Management
Gwalior
Topic = Managerial Control
Submitted to - Submitted By -
Prof. Richa Banerjee Anshu Dubey (14)
Nandini Bansal (34)
Priyansh Shrivastava (43)
What is managerial control ?
Managerial control is one of
the primary functions of
management and it involves
setting performance standards,
measuring performance and
taking corrective actions.
Why is managerial control important ?
• As the final link in management functions :
Planning
Controls let managers know whether their goals and plans are on
target and what future actions to take.
Empowering employees
Control systems provide managers with information and feedback
on employee performance.
Protecting the workplace
Control enhance physical
security and help minimize
workplace disruptions.
Why is control important ? (cont’d)
Steps in the managerial control process
Purpose of managerial control
•Accomplishing organizational
Goals.
•Judging accuracy of standard.
•Making efficient use of resources.
•Improving employee motivation.
•Ensuring order and discipline
•Facilitating coordination in action.
Limitations of Managerial Control
1) Difficulty in setting qualitative
standards.
2) Little control over external
factors.
3) Resistance from employees.
4) Costly affair.
Relationship between planning and controlling
Planning and controlling are inseparable twins of management.
Planning is clearly a prerequisite for controlling.
It often said that planning is to looking ahead while control is to
looking back.
Controlling process
1) Setting performance standards.
2) Measurement of actual performance.
3) Comparison of actual performance with standards.
4) Analyzing deviations.
5) Taking corrective actions.
Managerial Controlling for organizational performance
What is performance ?
The end result of an activity.
What is organizational performance ?
The accumulated end results of all of the organization’s work process and activities.
Designing activities, work process, and work activities .
Coordinating team work of employees.
How to measure and evaluate employee performance
data
• Graphic rating scales
• 360-degree feedback
• Self-evaluation
• Managements by objectives (MBO)
• checklists
TAKING MANAGERIAL ACTION
 Clarify the exact problem
 Face their criticism
 Individualize every approach
 Set clear goals
 Reward improvement
CONCLUSION
Managerial control is the process of making sure
that all the activities will be implemented the
way it was planned.
 It is the task of ensuring that the activities will
provide desired results.
Managerial control

Managerial control

  • 1.
    Prestige Institute OfManagement Gwalior Topic = Managerial Control Submitted to - Submitted By - Prof. Richa Banerjee Anshu Dubey (14) Nandini Bansal (34) Priyansh Shrivastava (43)
  • 2.
    What is managerialcontrol ? Managerial control is one of the primary functions of management and it involves setting performance standards, measuring performance and taking corrective actions.
  • 3.
    Why is managerialcontrol important ? • As the final link in management functions : Planning Controls let managers know whether their goals and plans are on target and what future actions to take. Empowering employees Control systems provide managers with information and feedback on employee performance.
  • 4.
    Protecting the workplace Controlenhance physical security and help minimize workplace disruptions. Why is control important ? (cont’d)
  • 5.
    Steps in themanagerial control process
  • 6.
    Purpose of managerialcontrol •Accomplishing organizational Goals. •Judging accuracy of standard. •Making efficient use of resources. •Improving employee motivation. •Ensuring order and discipline •Facilitating coordination in action.
  • 7.
    Limitations of ManagerialControl 1) Difficulty in setting qualitative standards. 2) Little control over external factors. 3) Resistance from employees. 4) Costly affair.
  • 8.
    Relationship between planningand controlling Planning and controlling are inseparable twins of management. Planning is clearly a prerequisite for controlling. It often said that planning is to looking ahead while control is to looking back.
  • 9.
    Controlling process 1) Settingperformance standards. 2) Measurement of actual performance. 3) Comparison of actual performance with standards. 4) Analyzing deviations. 5) Taking corrective actions.
  • 10.
    Managerial Controlling fororganizational performance What is performance ? The end result of an activity. What is organizational performance ? The accumulated end results of all of the organization’s work process and activities. Designing activities, work process, and work activities . Coordinating team work of employees.
  • 11.
    How to measureand evaluate employee performance data • Graphic rating scales • 360-degree feedback • Self-evaluation • Managements by objectives (MBO) • checklists
  • 12.
    TAKING MANAGERIAL ACTION Clarify the exact problem  Face their criticism  Individualize every approach  Set clear goals  Reward improvement
  • 13.
    CONCLUSION Managerial control isthe process of making sure that all the activities will be implemented the way it was planned.  It is the task of ensuring that the activities will provide desired results.