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 [...]
This article throws light upon the four main types of control techniques. The techniques are: 1. Operations Design 2. Operations Coordination 3. Quality Control 4. Inventory Control. Type # 1. Operations Design: Operations design is conceived with how work-related facilities (such as machines and jobs) are constructed, arranged and co-ordinated. Due to lack of space, a detailed discussion of the [...]