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'Control' in one of the managerial functions like ''planning'', ''organising'', ''staffing'' and ''directing''. It is an important function because it helps to check the errors and to take the corrective action so that deviation from standards are minimised and stated goals of the organisation are achieved in desired manner.

According to modern concepts, control is a foreseeing action whereas earlier concept of control was used only when errors were detected.
Control in management means setting standards, measuring actual performance and taking corrective action. Thus, control comprises these three main activities.

Contents

Definitions

Characterstics of Control

See also

References

Definitions

According to Henry Fayol,

''Control of an undertaking consists of seeing that everything is being carried out in accordance with plan which has been adopted, the orders which have been given, and the principles which have been laid down. Its object is to point out mistakes in order that they may be rectified and prevented from recurring.''

According to EFL Breach,

''Control is checking current performance against pre-determined standards contained in the plans, with aview to ensure adequate progress and satisfactory performance.''

According to Harold Koontz,

''Controlling is the measurement and correction of performance in order to make sure that enterprise objectives and the plans devised to attain them are accomplished.''

From these definitions it can be stated that there is close link between planning and controlling. Planning is a process by which an organisation's objectives and the methods to achieve the objectives are established, and controlling is a process which measures and directs the actual performance against the planned objectives of the organisation. Thus, planning and control are often referred to as siamese twins of management.

Characterstics of Control

Control is a continuous process

Control is a management process

Control is embedded in each level of organisational hierarchy

Control is forward looking

See also

★ Control premium

★ Mergers and acquisitions

★ Business valuation

★ Management

References