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Different between planning and controlling?
Relationship between planning and controllingPlanning and controlling are fuctions of management, they are closely related. The scope of activities if both are overlapping to each other. Without the basis of planning, controlling activities becomes baseless and without controlling, planning becomes a meaningless exercise. In absense of controlling, no purpose can be served by. Therefore, planning and controlling reinforce each other. According to Billy Goetz, " Relationship between the two can be summarized in the following pointsPlanning preceeds controlling and controlling succeeds planning.Planning and controlling are inseperable functions of management.Activities are put on rails by planning and they are kept at right place through controlling.The process of planning and controlling works on Systems Approach which is as follows :Planning → Results → Corrective ActionPlanning and controlling are integral parts of an organization as both are important for smooth running of an enterprise.Planning and controlling reinforce each other. Each drives the other function of management.In the present dynamic environment which affects the organization, the strong relationship between the two is very critical and important. In the present day environment, it is quite likely that planning fails due to some unforeseen events. There controlling comes to the rescue. Once controlling is done effectively, it give us stimulus to make better plans. Therfore, planning and controlling are inseperate functions of a business enterprise.Control and planning are interrelated. Without control all the planning is fruitless because control consists of the steps taken to ensure that the performance of the organization conforms to the plans.In other words control is concerned with the actual performance in relation to the standards set in advance and the correction of deviations to ensure attainment of objectives. Planning is required at the very outset of management whereas control is required at the last stages.If planning is looking ahead, control is looking back. In fact, control is the process of checking to determine whether or not proper progress is being made towards the objectives and goals set by management while doing planning.Often it is said that planning is the basis, action is the essence, delegation is the key, information is the guide and control is the lifeblood of the success of any business enterprise. Organizational objectives cannot be achieved without planning and planning alone cannot be successful. If extra efforts are put in planning and control is ignored, a business may suffer from a number of administrative problems. These difficulties may be highly detrimental for the business in the long run.
What are the relation between management and administration?
what is the relation between management and administration
What do you mean by degree of relation in relational database management system?
It is the number of the attribute in the relation
Criticism of human relation approach of elton mayo?
Criticism of human relation approach
What is relation in terms of database management system?
A relation is an assciation between two or more entities.
Relation between managerial tasks and managerial levels?
Relation between managerial tasks and managerial levels
What is the relation of controlling to general psychologist?
Mind
What was the importance of fort Sumter in relation to the decisions made by the key leaders?
what was the importance of fort sumter in relation to the dicisions made by the key leader
How is the relation of ideas important in the process of critical thinking?
The relation of ideas is crucial in critical thinking because it helps us analyze and evaluate information effectively. By understanding how different ideas connect and influence each other, we can make informed judgments and decisions based on logical reasoning.
What is the main reason self confidence is important in human relation?
forming relation involves risk
Why is human relation important?
Gess your self!
What is the engineering managerial economics?
Engineering economics is the body of knowledge devoted to the systematic evaluation of network of benefits resulting from proposed engineering and business ventures in relation to the expenditure associated with the undertaking.
What is expenditure warrant in relation to public sector accounting?
warrant is a general term for the document authorizing the officer controlling expenditure to incur expenses.
How is Jacob important in relation to Jesus?
he is jesus is son
What degree is physical attraction important in the beginning of a romantic relationship?
lust relation- all love relation- none
Why is 1966 important in your relation to our involvement in the Vietnam war?
no its 1968
What is the relation between economic decision and technical decision?
Technical decisions can provide insight into economic decisions that need to be made. Technology can be used to discover outcomes and determine how long it will take to pay something off, such as a mortgage.
