Explain what is controlling, Operation Management

Assignment Help:

Explain what is Controlling.

Controlling is defined as which managerial function that seeks to ensure an absolute conformity of actual performance through organizational personnel with the planned standards, to assist the most efficient and effective attainment of the enterprise objectives. It is the 'Central-tendency point' in the performance of managerial functions. This makes a bridge among standards of performance and their realistic attainment. This is a pervasive managerial exercise. It implies a follow-up action to other managerial functions. Controlling is based on information feed-back. Controlling is a continuous managerial exercise. The steps involved in it are:-

  • Purpose of standards of performance.
  • Actual performance measurement.
  • Comparison of actual performance along with standards.
  • Analyzing the causes of deviation.
  • Undertaking appropriate remedial action to accurate the deviation.

The main objective of controlling is to bring the actual operational performance of the enterprise on the accurate track as per standards of control. It infuses confidence into the operational life of the enterprises. It enhances managerial decision-making. It assists in attaining maximum production at minimum cost. This is a moral check on employees. This judges managerial competence. This aids delegation and decentralization of authority.


Related Discussions:- Explain what is controlling

Explain what are some of the risks in using an rfp process, After reviewing...

After reviewing the RFP Tutorial from the lecture this week, share your thoughts about the steps outlined for creating an RFP. What value does an RFP bring to finding and buying th

Analytical estimating, Analytical Estimating This technique  of work m...

Analytical Estimating This technique  of work measurement  is used  to determine the  time  values for jobs  having  long and  non repetitive  operations. The time  values  ar

Define what is the probability that the battery will perform, An undergradu...

An undergraduate business student has purchased a laptop computer for use during exams. This laptop is perfectly reliable except for two parts: its microchip, which has a failure r

Case let, 1. What modification would you suggest in enhancing the existing ...

1. What modification would you suggest in enhancing the existing logistics system?

Scope of production and operation management , Scope of Production and Oper...

Scope of Production and Operation Management Production management mainly associated with the factory management as the problem of production crept with the development of facto

Describe why managers should know about research, Q1. Explain why managers ...

Q1. Explain why managers should know about research. Q2. BrokenViolin956 Read the entrepreneur's dilemma and the questions that follow. Identify the legal issue(s) and apply

Explain how often do you think very favourable, How often do you think very...

How often do you think very favourable, intermediate, or very unfavourable situations occur to leaders in real life? Based on Fiedler's theory

Scheduling - production control, Scheduling Meaning and Definition ...

Scheduling Meaning and Definition Scheduling is the next technique of production control. In production control scheduling  means  the  arrangement of different operatio

Explain characteristics of database backup, Discuss the importance and char...

Discuss the importance and characteristics of database backup and recovery procedures. Then, describe the actions that must be detailed in backup and recovery plans?

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd