A PROJECT ON :-

BY :-
NEMAR
MUNIR
RISHABH
SONAL
 INTRODUCTION

 Controlling involves coordinating men and material

resources towards achievement of objectives.
 The control function monitors the system “to keep
things in line” and facilitates the integration of
activities.
 It can be quite general and can be used as a focal
point for the managerial action.
 Eg:- planning can be thought of as a means to allow
control of individual or organisational behaviour .
 DEFINITIONS BY AUTHORS

 According to LOUIS ALLEN ,” control means

to guide something in the direction it is intended
to go.”
 According to KOONTZ AND O’DONNELL
,” The managerial function of control is the
measurement and correction of the performance
of subordinates in order to make sure that
enterprise objectives and the plans devised to
attain them are accomplished.”
 NEED FOR CONTROLLING:-

 Complexity of modern
organisation
 Weakness in the psychological
make-up
 Maintenance of standards
 Employees may succumb to
temptations
IMPORTANCE OF CONTROLLING:-

 Facilities achievement and targets

 Facilities regular consultation
 Facilities coordination and efficiency
 Removes weak points
 Avoids wastages
 Raises employee morale
 Steps and Procedures

 Setting/ establising
standards/targets
 Measuring actual performance
 Introducing suitable corrective
measures
 Taking follow-up action
 Control techniques

Traditional techniques Modern techniques

 Budgetary control  Return of investment

 Cost control  Management audit
 Break even analysis  Management
 Statistical control information system
 Self control
 Requirement of an effective control system

 Focus on strategic control points

 Well defined standards
 Direct control
 Flexible
 Stress on facts
 Motivating effects