the reason is that if programming is made for a shorter period, the results and benefits of programming cannot be realised within this period. the most significant expense is the time devoted to it by management, but it also involves a special programming staff and considerable paperwork. in a large organisation, the programming staff is distinct from the budget staff.
a budget has more detail, both because it is a fairly specific guide to operating decisions and also because it will be used subsequently to evaluate the performance of individual managers. however, compliance to budget is not necessary if the plans given in the budget are found as not the best way of achieving the objectives. it is in the interest of organisation as well as employees that managers should discuss regularly the performance reports (or control reports) with their subordinates.
many companies have mission statements that explain why they are in business, what their products are and the consumer market they target. there are four main phases that must be applied with each strategy, and decision-makers must understand the purpose of each phase. this is the phase for setting objectives and identifying the ways and means of achieving them. take, for example, a company’s objective to expand sales into the internet market. implementation is the execution of the necessary strategies to meet the objectives that have been set. to ensure success, all employees should understand their roles and responsibilities.
for example, if a common customer complaint is that products take too long to arrive, an analysis of the shipping process may reveal ways to expedite delivery, such as using pre-printed shipping levels to streamline packaging and carrier pickup of shipments at the store. evaluating strategies used in the implementation phase serve as performance feedback. one example is a company comparing its anticipated consumer purchase response with the actual number of sales or comparing old shipping times to the delivery timeframe after new procedures were implemented. the modification phase is essential in correcting any weaknesses or failures found during evaluation. one example is a strategy to sell a selected number of products on the internet and sales data shows a significant profit. based in dallas, texas, marcia moore has been writing business-related materials since 1974. she has enjoyed a 30-year career in the field of human resources and works as a hr consultant to small and medium businesses.
management control process (5 steps) 1. programming: 2. budgeting: 3. executing: 4. evaluation:. the control phase gives the manager a means to correct the first four phases on an ongoing basis. in this phase, you can verify whether the the four phases of strategic management are formulation, implementation, evaluation and modification. formulating a plan. formulation is the process of choosing, stages of management process, stages of management process, phases of management process, 4 stages of management, 3 phases of strategic management.
process for operating activities has four phases: programming, budget preparation, execution, and evaluation. 4 steps of control process are; establishing standards and methods for measuring performance. measuring performance. determining whether performance matches question: what are the four phases of management control? answer: the four phases to the management process are planning, organizing, leading the proper performance of the management control function is critical to the success of an organization. after plans are set in place, management must, 4 phases of strategic management, 5 steps of management process, management control process pdf, steps in control process pdf, control process in management example, establishing standards in control process, phases of strategy formulation, phases of strategic management ppt, steps in control process ppt, control process example.
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