Introduction:
Controlling and planning are two essential functions of management that go hand in hand in achieving organizational goals. While planning sets the direction and objectives, controlling ensures that the plans are executed effectively and deviations are corrected. In this response, we will discuss how controlling is preceded and succeeded by planning.

Preceded by Planning:
Planning serves as the foundation for controlling. Before any control measures can be implemented, a clear plan needs to be in place. Here's how planning precedes controlling:

1. Establishing Objectives: Planning involves setting specific and measurable objectives that guide the organization's actions. These objectives serve as the benchmark against which performance is measured during the controlling process.

2. Developing Strategies and Policies: Planning also includes developing strategies and policies to achieve the objectives. These strategies provide a roadmap for the organization, outlining the necessary steps for successful implementation. Controlling relies on these strategies to assess whether the actions taken align with the planned course.

3. Allocating Resources: During the planning process, resources such as finances, manpower, and materials are allocated to different tasks. Controlling ensures that these resources are effectively utilized and managed according to the planned allocations. Any deviations or inefficiencies can be identified through controlling measures.

4. Formulating Budgets: Planning involves formulating budgets that allocate financial resources to various departments and activities. Controlling compares the actual expenditures with the planned budget, allowing managers to identify discrepancies and take corrective actions if needed.

Succeeded by Planning:
Controlling not only verifies the effectiveness of planning but also provides valuable insights for future planning. Here's how controlling is succeeded by planning:

1. Making Corrections: Controlling detects any deviations from the planned course and helps identify the reasons behind those deviations. This information is vital for future planning as it highlights potential areas of improvement or adjustments required in the existing plans.

2. Feedback for Planning: Controlling provides feedback on the performance and effectiveness of the implemented plans. This feedback can be used to revise and enhance future planning efforts, ensuring that the organization learns from past experiences and adapts to changing circumstances.

3. Setting New Objectives: Controlling may reveal the need for new objectives or the modification of existing ones. This information can be used to set new goals during the planning process, considering the organization's current performance and external factors.

4. Continuous Planning: Controlling emphasizes the need for continuous planning. As the organization progresses and achieves its objectives, new plans need to be developed to sustain growth and address emerging challenges. Controlling provides valuable insights that assist in formulating effective and adaptable plans.

Conclusion:
In conclusion, controlling is both preceded and succeeded by planning. Planning sets the foundation for controlling by establishing objectives, developing strategies, allocating resources, and formulating budgets. On the other hand, controlling provides feedback, identifies deviations, and offers insights for future planning. Together, planning and controlling form a continuous cycle that ensures organizational success and adaptation.