Importance of Coordination

Importance of Coordination

Importance of Coordination Coordination is essential at every level of management. It is a process of group efforts for achieving business, goals. The quality of management will depend upon the efficiency achieved in coordination. According to Chester Bernard, “the quality of co-ordination is the crucial factor in the survival of the organisation.” Smooth working and

6 Principles of Coordination

Principles of Coordination

Principles of Coordination Coordination refers to the process of organizing and aligning the actions and activities of individuals or groups in order to achieve a common goal or objective. There are several principles that can be helpful in coordinating the actions of individuals or groups effectively. These are the main principles of coordination: Principle of

Coordination: Definitions, Principles, Techniques, Process, Importance, Objectives

What is Coordination

What is Coordination? Coordination is concerned with harmonious and unified action directed toward a common objective. It ensures that all groups and persons work efficiently, economically and in harmony. Coordination requires effective channels of communication. Person-to-person communication is most effective for coordination. Coordination is undertaken at every level of management. Coordination plays a very important

Process of Coordination

Process of Coordination

Process of Coordination Coordination cannot be achieved through orders. It is a process which can be achieved through managerial functions. It is a by-product of good management. When all the functions are carried out properly then coordination will come by itself. These are the steps of the process of coordination: Through Planning Planning is the

Techniques of Controlling in Management

Techniques of Controlling

Techniques of Controlling in Management In the modern age, a number of techniques and methods are available for exercising effective control over business activities. Some of these techniques are traditional and some others are modern, some are statistical, numerical or quantitative, and some are non-quantitative. These are the techniques of controlling in management: Budgetary Control

Advantages of Controlling in Management

Advantages of Controlling

Advantages of Controlling Controlling is an essential aspect of a Manager’s function. These are the important advantages of controlling: Insurance Value of Control Control eliminates the risk of non-conformity of actual performance with the main goals of the organisation. Control is the function which regulates the operation to ensure the attainment of the set objectives.

Effective Control System

Steps for an Effective Control System These are the steps for an effective control system, it must be specially tailored to the specific task or person it is meant to serve: Tailored to Plans and Positions Control Should be Tailored to Plans and Positions: Control should reflect the plan it is designed to follow. Managers

Controlling: Meaning, Definition, Importance, Process, Characteristics, Elements

What is Controlling

What is Controlling? Controlling is a process whereby managers determine the practical standards of the activities to be performed in an organisation. They evaluate the actual performance and find out the deviations by comparing actual performance with the predetermined standards. By analyzing and finding out the reasons for deviations they take corrective measures to overcome

14 Importance of Controlling

14 Importance of Controlling

Importance of Controlling The importance of controlling can be explained with the help of the following points: Basis of Future Planning Controlling makes it possible to perform business activities as per plan. In controlling, deviations are found by evaluating the performed work and comparing it with predetermined objectives and standards. In the process, a large

14 Nature of Controlling

Nature of Controlling

Nature of Controlling On the basis of the study and analysis of the different definitions of the term control we arrive at the following nature of controlling: Managerial Responsibility It is the responsibility of every manager to exercise effective control over the activities of the subordinates so that all the activities are performed continuously in