Planning Is the Basis of Control.docx - Planning Is the Basis of Control Action Its Essence Delegation Its Key and Information Is the Guide “Planning

Planning Is the Basis of Control.docx - Planning Is the...

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Planning Is the Basis of Control, Action Its Essence, Delegation Its Key and Information Is the Guide “Planning is the basis of control, action its essence, delegation its key and information is the guide” – Discuss. Ans planning and controlling are closely related to each other as shown in Fig. 1. After a plan becomes operational, control is necessary to measure progress, to uncover deviations from the targets and to take corrective steps. It is also not possible to think of an effective system of control without the existence of good plans. Billy E. Geotz has explained the relationship between planning and controlling in the following words, "Managerial planning seeks consistent, integrated and articulated programmes, while management control seeks to compel events conform to plans". Control is always based on planning. It is also true…show more content… A good control system provides timely information to the manager which is very much useful for taking various decisions. Control simplifies supervision by pointing out the significant deviations from the
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  • Spring '18
  • Hbtamu Berhnu Aberra (PhD)
  • Financial And Managerial Accou

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