Yes ! right answer is controlling

we already know , that planning and controlling are two sides of one coin. As control is based on planning , control also helps to sustain planning function .It directs the course of planning and tried to found out the places where further planning is required.

Thanks !

Planning and its Importance

Planning is a crucial function of management that involves setting goals, determining the actions required to achieve those goals, and identifying the resources needed to carry out those actions. It provides a roadmap for organizations to follow in order to reach their desired objectives. However, planning alone is not sufficient to ensure success. It needs to be accompanied by effective control.

Control and its Role in Implementation and Monitoring

Control is the process of monitoring activities and ensuring that they are executed according to the plans. It involves comparing actual performance with planned performance, identifying deviations, and taking corrective actions to ensure that the goals are achieved. Control is essential for the successful implementation of plans and for monitoring the progress towards achieving the desired objectives. Without control, planning becomes an empty exercise.

The Interdependence of Control and Planning

Control and planning are closely interrelated and dependent on each other for effective management. The implementation of plans requires control because it ensures that the activities are carried out in the desired manner. Control allows managers to monitor the progress, identify any deviations or obstacles, and take appropriate corrective actions to keep the activities on track.

Control as a Feedback Mechanism

Control acts as a feedback mechanism that helps managers to assess the effectiveness of their plans and make necessary adjustments. It enables them to evaluate the results of their actions, compare them with the planned objectives, and make changes if required. Without control, managers would not have the necessary information to determine whether their plans are working or not.

The Need for Control in Monitoring

Monitoring is an essential part of control. It involves observing and measuring the actual performance against the planned performance. Through monitoring, managers can identify any deviations or variances and take corrective actions. Monitoring ensures that the activities are executed as per the plans and provides valuable information for decision-making.

Conclusion

In conclusion, planning is an important function of management, but it cannot be effective without control. Control ensures the implementation of plans and monitors the progress towards achieving the desired objectives. It provides feedback, helps in making necessary adjustments, and allows managers to take corrective actions. Therefore, control is an essential component that complements planning and contributes to the overall success of an organization.