Three types of control can be seen in the organizations effectively followed by the leaders to manage the performance and attain the best output optimally. These controls can be explained as predictive, concurrent, and feedback controls.
Predictive control: It is also known as forwarding feed control, which helps foresee the problem before its occurrence. It helps the management to take any appropriate action to minimize the risks that can occur due to specific circumstances in the future.
Concurrent control: This control is considered real-time control that helps the management examine the problems and evaluate an appropriate solution before any loss. The control chart is an appropriate example of concurrent control.
Feedback control: It is based on the specific feedback over the performance of the individuals. Based on the specific feedback and information, the organization makes improvements in the future.
Process of controlling
The controlling process includes the following steps:
Establishment of standards: Establishing standards entails determining the target that must be met to accomplish long-term organizational objectives. The performance requirements are defined by standards. Quantitative and qualitative control standards are the two types of control standards. Money is used to represent quantitative norms. Intangible goods, on the other hand, are included in qualitative criteria.
Measuring the real performance: The employee’s actual performance is compared to the objective. The measuring of performance gets more complex as management levels rise.
Actual performance compared to the standard: This measures the degree to which the real performance of the individuals differs from the standard.
Taking remedial action: The management initiates this step to fix the flaws in the real performance. Therefore, it can help in maximizing the actual performance through remedial actions.
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