Chapter 8 - Controlling
“Control without its process is a meaningless exercise”. Explain this statement
Or
“Comparing the actual performance with laid standards, finding out the deviations and taking corrective action is an important process of a management function” name and explain this PROCESS.- 5 marks
Or
Describe in brief the various steps in the process of control - 5 marks (CBSE-2003)
Following are the 4 steps in controlling process: (Establishing, Measuring, Comparing & Taking)
Establishing standards:
- 1st step is to establish standards of performance against which actual results can be evaluated.
- These standards are the yardsticks of performance and clearly specify what should be accomplished.
Measuring performance:
- 2nd step is to measure actual performance of the entire workforce in the organisation.
- For easy comparison, actual performance should be expressed in the same terms as planned standards.
Comparing performance with standards:
- 3rd step involves finding deviations and the causes of such deviations
- Minor deviations should not be reported to top management, as they are acceptable. But major deviations must be reported so that remedial measures can be taken.
Taking corrective action:
- 4th and final step in the controlling process is find out the deviations and take corrective action to prevent recurrence of deviations.
- There are three actions a manager may take after comparing actual performance with established standards.
- Let the situation remain as it is.
- Correct the deviation by improving the performance
- Revise the standard set earlier.