EMAN: CONTROLLING Flashcards
The process of ascertaining whether organizational objectives have been achieved;if not, why not.
CONTROLLING
Determining what activities should then be taken to achieve objectives better in the future.
CONTROLLING
Completes the cycle of management functions.
CONTROLLING
Objectives and goals that are set at the Planning stage are verified as to achievement or completion at any given point in the organizing and implementing stages.
CONTROLLING
When expectations are not met at scheduled dates, corrective measures are usually undertaken.
CONTROLLING
When expectations are not met at scheduled dates, ____________ are usually undertaken.
corrective measures
When properly implemented, it will help the organization achieve its goal in the most efficient and effective manner possible.
IMPORTANCE OF CONTROLLING
Example:
In a factory, each worker is required of the standard to produce a daily output of 100 pieces of the product. All workers who do not produce the requirement are given sufficient time to improve; if no improvements are seen eventually, they are asked to resign. This action will help the company keep its overhead and other costs at expected levels.
If no such control is made, the company will be faced with escalating production costs, which will place the viability of the firm in jeopardy.
IMPORTANCE OF CONTROLLING APPLIED IN THE WORKPLACE
Minimize the bad effects of negative occurrences of mistakes, and shortcomings that occur in the operations.
Proper control measures
STEPS IN CONTROLLING PROCESS
- Establishing performance objectives and standards
- Measuring Actual performance
- Comparing actual performace to objectives and standards
- taking necessary action based on the results of the comparisons.
Establishing performance objectives and standards examples:
- Sales Targets
- Production Targets
- Worker attendance
- Safety record
- Supplies used
expressed in quantity or monetary terms (peso value)
Sales Targets
expressed in quantity or quality
Production Targets
expressed in terms of the rate of absences
Worker attendance
expressed in number of accidents for a given period
Safety record