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 cost variance and schedule variances for each task, You are the pro...

You are the project manager for the following project which started Feb. 1st, 2009. It is now March 1sr, 2009. Prepare a monthly status report for February 2009, using the project

Explain fixed cost, Explain Fixed Cost. Fixed Cost: Cost may be desc...

Explain Fixed Cost. Fixed Cost: Cost may be described as the amount of expenditure incurred on, or attributable to a specified thing. Fixed costs are those costs that tend t

Explain how you would use situational leadership, Describe how you would us...

Describe how you would use Situational Leadership to diagnose the situation and identify the appropriate leadership style.?

Explain supply chain management solution, Describe for Bill what a Supply C...

Describe for Bill what a Supply Chain Management (SCM) solution would look like for his UMUC Pizza business and how his business could benefit from implementing an SCM solution

Explain stategic partnering, An export trading company assists businesses i...

An export trading company assists businesses in creating relationships with foreign customers and suppliers to assist in selling goods in overseas markets , This global strategy is

What are the operation management decisions would need, What operation mana...

What operation management decisions would need to be made to change wheeled coach repetitive focus strategy to: a. process focused? b. product focused?

Explain define the behaviour of leaders modelling excellence, Describe the ...

Describe the behaviours of leaders modelling excellence. How do you assess excellence and how does that inspire you to perform at higher level?

Explain legal and compliance policies and practices, What are Apples Inc.? ...

What are Apples Inc.? Legal and compliance policies and practices. Elaborate and comprehensive on your response

Explain clinical documentation study, Briefly summarize the main points of ...

Briefly summarize the main points of the Clinical Documentation study.(In other words, how will this information affect your work as a Health Information professional?

Strengths and weaknesses of a tiny family owned restaurant, Assume you work...

Assume you work for a family owned restaurant, WHAT ARE some of the typical strengths and weaknesses of a small family owned restaurant? What types of opportunities and threats wou

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