Controlling function of Management

Summary

This video tutorial explains the controlling function of management, focusing on its importance in achieving organizational goals. It covers how controlling ensures resources are used efficiently, motivates employees by setting clear performance standards, and maintains order and discipline. The video also highlights the role of controlling in verifying the accuracy of standards, improving resource use, and facilitating coordination across departments. Overall, the controlling function helps guide an organization towards its goals while promoting efficiency and productivity.

Takeaways

• 😀 Controlling function in management ensures that activities are aligned with organizational plans.
• 😀 The primary goal of controlling is to verify the effectiveness and efficiency of resource use.
• 😀 Controlling helps achieve organizational goals by identifying deviations and taking corrective actions.
• 😀 A good control system allows management to assess whether established standards are accurate and objective.
• 😀 Efficient control systems help track changes and make necessary adjustments in organizational operations.
• 😀 Controlling ensures resources are used effectively and efficiently, adhering to predetermined standards.
• 😀 Controlling fosters employee motivation by clearly defining performance expectations and standards.
• 😀 A well-structured control system can boost employee performance by setting clear benchmarks for evaluation.
• 😀 Controlling helps maintain order and discipline within the organization, reducing dishonest behaviors.
• 😀 The controlling function facilitates coordination across departments, ensuring alignment towards common goals.

Q & A

What is the controlling function of management?

The controlling function of management ensures that activities in an organization are performed according to plans. It also ensures resources are used effectively and efficiently to achieve predetermined goals.

Why is the controlling function important in achieving organizational goals?

The controlling function helps monitor progress towards organizational goals by identifying deviations and suggesting corrective actions. It guides the organization to achieve its goals through continuous assessment and adjustment.

How does the controlling function help in judging the accuracy of standards?

A good control system enables management to verify whether the standards set are accurate and objective. It also helps in tracking changes and progress, ensuring that goals are realistically achievable.

What role does controlling play in making efficient use of resources?

Controlling ensures that each activity is performed in line with predetermined standards, which helps in utilizing resources effectively and efficiently. This reduces wastage and promotes optimal resource allocation.

How does controlling improve employee motivation?

Controlling ensures that employees are aware of the performance standards and expectations in advance. This clarity helps motivate employees by giving them clear goals to strive for, boosting their potential and performance.

In what way does controlling help maintain order and discipline in an organization?

Controlling creates an environment of order and discipline by closely monitoring employee activities. This minimizes dishonest behavior and ensures that employees follow organizational policies and standards.

How does controlling facilitate coordination in an organization?

Controlling helps coordinate the activities of various departments and employees by ensuring that everyone follows the same predetermined standards and goals. This coordination fosters better collaboration across the organization.

What is the significance of setting standards in the controlling function?

Setting standards is crucial in the controlling function as they serve as benchmarks for measuring performance. Standards help assess whether activities align with organizational objectives and whether corrective actions are necessary.

How does controlling assist in taking corrective action?

Controlling identifies deviations from planned objectives and suggests corrective actions. This ensures that any discrepancies are addressed promptly to keep the organization on track towards its goals.

What impact does the controlling function have on the efficiency of an organization?

The controlling function improves organizational efficiency by ensuring that resources are utilized effectively, employees are motivated, and activities are aligned with the organization's goals, leading to better overall performance.