I MPORTANCE AND STEPS OF C ONTROL PRO CESS. BUSINESS AND MANAGEMENT INTEGRALS.
WHAT IS CONTROL PROCESS ?. Control process is the careful collection of information about a system, process, person, or group of people which is required to make necessary decisions about each of the department in the process..
WHAT IS THE IMPORTANCE OF CONTROL PROCESS ?. The control process of management ensures that every activity of a business is furthering its goals. This process basically helps managers in evaluating their organizations performance. By using it effectively, they can decide whether to change their plans or continue with them as they are..
C ONTROLLING. is one of the most important functions of management. Its main objective is to ensure that an organization’s activities are advancing as planned..
ESTABLISHING GOALS AND STANDARDS. 01. T HE CONTROL PROCESS CONSISTS O F THE FOLLOWING BASIC ELEMENTS AND STEPS :.
01. ESTABLISHING GOALS AND STANDARDS. The task of fixing goals and standards takes place while planning but it plays a big role in controlling also. This is because the main aim of controlling is to direct a business’s actions towards its goals. If the members of an organization know their goals clearly, they will invest their entire focus in achieving them..
02. MEASURING ACTUAL PERFORMANCE AGAINST GOALS AND STANDARDS.
03. TAKING CORRECTIVE ACTION. In case there are discrepancies between actual performances and goals, managers need to take corrective actions immediately. Timely corrective actions can reduce losses as well as prevent them from arising in the future again..
Just taking corrective measures is not enough; managers must also take them to their logical conclusion. Even this step requires thorough evaluations and comparisons ..
THANK YOU!!!!!.