Fayol’s unique work described 5 features of management, planning, organizing, command, coordination, and management (Banerjee 2012). Over time these have been condensed into planning, organizing, directing, and controlling. Fayol additionally developed 14 ideas of management. Controlling is the process of measuring the outcomes of a corporation and evaluating the outcomes with the specified outcomes or pre-determined outcomes of the group. Controlling includes checking whether or not there’s a deviation in the stage of efficiency or not and if discovered then discovering solutions to rectify the problems as quickly as potential.
F. W. Taylor’s Contribution to the Development of Management Thought / Science
We will look extra intently at several types of managers in the next section. Controlling is the final step in the management functions process. This process is solely steps of manager to find out whether organizational targets have been met. Controlling is a continuous and ahead trying process which is the usual of measurement of a company or group. There is a close link in planning and controlling in administration operate process.
Planning, organizing, staffing haven’t any place if course perform doesn’t play its position properly. Managers at all levels engage in the managerial function of controlling to some degree. Two conventional control methods are finances and performance audits. An audit involves a physical examination and verification of the group’s information and supporting paperwork. A budget audit provides details about where the organization is with respect to procedures followed for financial planning and management, whereas a performance audit … Read More