Levels of Control

cherryMarieFacun 4,621 views 23 slides Sep 05, 2017
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About This Presentation

Planning Control Subject


Slide Content

What is Controlling? A process of monitoring, comparing, correcting performance and taking action to ensure desired results. Importance of Controlling Planning Empowering Employees Protecting the workplace

CONTROL PROCESS

LEVELS OF CONTROL

STRATEGIC CONTROL - The process used by organizations to control the formation and execution of strategic plans.

Premise Control Designed to check systematically and continuously whether the premises on which the strategy is based are still valid. It involves checking of environmental conditions like technology, demographic changes, inflation rate, recession, interest rates, etc.

Implementing Control the type of strategic control that must be carried out as events unfold.

Strategic Surveillance Strategic surveillance is designed to monitor a wide range of events inside and outside the company. Such sources include trade magazines, journals, trade conferences, conversations and observations.

Special Alert Control A special alert control is the rigorous and rapid reassessment of an organization's strategy based on immediate , unforeseen event . Ex: NDRRM

Structural Control Monitors how the building blocks of the organization’s structure are holding up to their planned function. Two Major Types of Structural Control: Bureaucratic Control Decentralized Control

Operational Control Operational control is concerned with executing the strategy . It regulates the day-to-day output relative to schedules, specifications, and costs.

Preliminary Screening Post action OPERATIONAL CONTROL Preliminary Screening Post action Anticipates problems Feed forward Control Concurrent Control Corrects problems as they happen Feedback Control Corrects problems after they occur

Financial Control Financial control is the control of financial resources as they flow into the organization. It involves costs and expenses to control them in relation to budgeted amounts. Tools of Financial Control Budget – Planned allocation of Resources Financial Statements (balance sheet, income statement, cash flow) Ratio Analysis (Liquidity, Profitability, Activity, Debt Ratio) Financial Audits (Internal and External)

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BUREAUCRATIC CONTROL an approach to organization design characterized by formal and mechanistic structural arrangements . DOMINATES : • Hierarchy of authority • Vertical communication • Centralized decision making • Emphasis on efficiency

DECENTRALIZED CONTROL Dominates: • Shared tasks • Flexible rules and regulations • Decentralization decision making • Emphasis on learning -daily operations and decision-making responsibilities are delegated by top management to middle and lower-level mangers within the organization, allowing top management to focus more on major decisions .
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