Mangerial Control

Mangerial Control - Controlling Controlling Learning...

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Controlling Controlling
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Learning Objectives: Learning Objectives: By the end of class participants should be able to: List the steps in the control process Compare and contrast three general approaches to control Describe the characteristics of good control systems Discuss the impact of various contingency factors on the effectiveness of control systems Discuss the control implications of contemporary management practices.
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What Is Control? What Is Control? The process of monitoring activities to ensure that they are being accomplished as planned and correcting any significant deviations An effective control system ensures that activities are completed in ways that lead to the attainment of the organization’s goals.
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Steps in the Control Process Steps in the Control Process 1. Identify the Appropriate Standard 2. Measure actual performance 3. Compare actual performance against the standard 4. Take managerial action to correct deviations or inadequate standards
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Process Controls Process Controls
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This note was uploaded on 11/20/2011 for the course MGT 3304 taught by Professor Cpneck during the Fall '07 term at Virginia Tech.

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Mangerial Control - Controlling Controlling Learning...

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