This article throws light upon the top three types of control in an organisation. The types are: 1. Feed-Forward 2. Concurrent (Preventive) 3. Feedback Controls. Fig. 17.6 : Three Types of Control Type # 1. Feed-Forward Controls: Feed forward controls are future-directed — they attempt to detect and anticipate problems or deviations from the standards in advance of their occurrence [...]
After reading this article you will learn about:- 1. Importance of Control 2. Fundamentals of Control 3. Focus 4. Types. Importance of Control: Controlling is the last of the five functions of management. It is considered last, not because it is less important than the other four functions: planning, organizing, staffing and leading but because it affects and is affected [...]
This article throws light upon the three main aids used in managerial control. The aids are: 1. Management by Exception (MBE) 2. Management Information Systems (MIS) 3. Key Indicator Management. Aid # 1. Management by Exception (MBE): Management by exception, or the exception principle enables managers to direct attention to the most critical areas of control and permits employees or [...]