These two functions are inseparable twins of management. One function ...
Understanding the Functions of Management
In the realm of management, two essential functions stand out as inseparable twins: planning and controlling. These functions work in tandem to ensure that organizational goals are met effectively and efficiently.
Forward-Looking: Planning
- Planning is a proactive function that involves setting objectives and determining the best course of action to achieve them.
- It requires foresight and strategic thinking to anticipate future conditions and challenges.
- By outlining goals and the means to achieve them, planning creates a roadmap for the organization.
Backward-Looking: Controlling
- Controlling, on the other hand, is a reactive function that assesses the progress made towards the goals set during the planning phase.
- It involves monitoring performance, comparing actual results with planned objectives, and making necessary adjustments.
- This function ensures that the organization stays on track and corrects any deviations from the planned course.
The Interdependence of Planning and Controlling
- Planning and controlling are interconnected; effective planning lays the groundwork for successful controlling.
- Without proper planning, controlling efforts may lack direction, leading to inefficiencies.
- Conversely, controlling provides feedback that informs future planning, creating a continuous cycle of improvement.
In summary, planning is a forward-looking function that sets the stage for success, while controlling is a backward-looking function that ensures adherence to the planned objectives. Together, they form a vital partnership in effective management, emphasizing the importance of both proactive and reactive strategies in achieving organizational goals.
These two functions are inseparable twins of management. One function ...
Pre-determined goals can be achieved only through controlling., Planning without control is useless and control without planning is meaningless. Planning, based on facts, makes controlling easier. Thus, planning and controlling are mutually inter-related and interdependent.
To make sure you are not studying endlessly, EduRev has designed Humanities/Arts study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in Humanities/Arts.