What is Controlling in Management?
Controlling is a practical implementation of planning. Controlling ensures activities in an organisation, those are set as per the plans. Controlling also ensures that an organisation’s resources are being used effectively and efficiently to achieve predetermined goals.
Definition of Controlling in Management
Managerial Control implies the measurement of accomplishment against the standard and the correction of deviations to assure attainment of objectives according to plans.Koontz and O’ Donnel
Importance of Controlling in Management
Accomplishing Organisational Goals
Controlling helps the company to achieve the goals of the organisation and brings to light the deviations. Controlling guides the organisation and keeps it on the right track so that organisational goals might be achieved.
Improve Employees Motivation
Controlling ensures predetermined tasks what work should be done, when should be done and by whom it should be done. it does not create any chaos. It motivates them and helps them to give better performance.
Controlling helps to reduce the risk of the business. Controlling has predecided tasks for everyone. So, everyone knows there duties. it reduces the risk of losing anything in business.
Identify Managerial Weakness
Planning is future and Controlling is present. When the managers make plans, they consider future. But when controlling starts it gives real feedback to the managers about how planning is existing.