controlling

Controlling function of management includes all of those

activities undertaken to ensure that actual operations
conform to planned operations.
The controlling function of management is particularly
important for effective strategy evaluation. controlling
consists of four basic steps:
1. establishing performance standards
2. Measuring individual and organizational performance
3. comparing actual performance to planned performance
standards
4. taking corrective actions
No single approach to measuring individual performance
is without limitations. For this reason, an organization
should examine various methods,

Management audit
the following checklist of questions
can help determine specific strengths
and weaknesses in the functional
area of business.
an answer of no to any question
could indicate a potential weakness.
Positive or yes answers to the
checklist questions suggest potential
areas of strength