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What is the true meaning of management control?

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تم إضافة السؤال من قبل Nadjib RABAHI , Freelancer , My own account
تاريخ النشر: 2017/05/13
Ashraf E. Mahmoud (PhD)
من قبل Ashraf E. Mahmoud (PhD) , University Lecturer, Freelancer Consultant and Trainer for Int'l Business & Banking TF. , FreeLancer

Thanks for invitation,

Management Control :

It is one of the main management's functions includes the following procedures:

1- Review and following up the actual performance in order to compare with planned performance.

2- Measuring the exact difference between the actual performance and planned one.,

3- Identified the real reasons for the differences.

4- Set Corrective action to eliminate or minimize the difference.

5- Following up the complete soloving any differnces after taking required actions in order to avoid same differnces or problem once more.

Muhammad Hasanat
من قبل Muhammad Hasanat , Service and Maintenance Engineer , Pak Shamsi

Management control is the review and following up the actual performance in order to compare with planned performance.

Emmanuel Wamweta
من قبل Emmanuel Wamweta , production supervisor , Tembo Steel Rolling

I fully agree with Mr. Ashraf Mahmoud's excellent submission. Thanx for the invitation

Celeste Ann Mascarenhas
من قبل Celeste Ann Mascarenhas , Health Care Assistant, Level 3 Nursing , Carlton Court Care Home

A management control system (MCS) is a system which gathers and uses information to evaluate the performance of different organizational resources like human, physical, financial and also the organization as a whole in light of the organizational strategies pursued.

Control, or controlling, is one of the managerial functions like planning, organizing, staffing and directing. ... Control in management means setting standards, measuring actual performance and taking corrective action. 

Controlling is an important function of management. Its importance becomes apparent when we find that it is needed in all the functions of management. Controlling checks mistakes and tells us how new challenges can be met or faced. The success of the organisation thus hinges on the effective controlling.

The Organizational Control Process. The control process involves carefully collecting information about a system, process, person, or group of people in order to make necessary decisions about each. Managers set up control systems that consist of four key steps: Establish standards to measure performance.

These steps are discussed in detail:

  • Setting of Control Standards: Every enterprise plans its activities in advance. ...
  • Measurement of Performance: The second step in controlling process is the measurement of performance. ...
  • Comparing Actual and Standard Performance: ...
  • Taking Corrective Action:

Control Techniques is a leading manufacturer of AC and DC variable speed drives, servos and power conversion technologies for commercial and industrial applications. Our innovative products are used in the most demanding applications, requiring performance, reliability and energy efficiency.

Abdelghany Abdelsalam
من قبل Abdelghany Abdelsalam , Plant Manager , Doctor Nutrition

thanks for invitation

I endorse the answers of my colleagues

 

Obaid ur Rehman
من قبل Obaid ur Rehman , HR Executive , Al Bahr Al Arabi Marine Engineering Services

Will second Ms. simon Toyiring  opinion. 

simon Toyiring
من قبل simon Toyiring , REGIONAL SALES MANAGER NORTH ZONE 1 , FAREAST MERCANTILE NIGERIA LTD

1.when there is check and balances in every task carryout at all level in the organization

2.when the is a bench mark set to every task at all level

3.when a target is set to meet the organizational objectives

Omar Saad Ibrahem Alhamadani
من قبل Omar Saad Ibrahem Alhamadani , Snr. HR & Finance Officer , Sarri Zawetta Company

Thanks

I support Mohammed's answer

osama muhammad muhammad osman
من قبل osama muhammad muhammad osman , Supply Chain Manager , Aldora house

Accounting and Financial management

mohamed abdelaty
من قبل mohamed abdelaty , محاسب مالى , جولدن ايجل فودز

To confirm whether everything is happening according to plan, instructions issued and specific principles, and its purpose to indicate the weaknesses and errors to be addressed frequency of recurrence

 

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