CONTROLLING - MAKING CONTROLLING A SUCCESS

I have noticed that majority of students could not answer Question 1 in Part C of Test 2. The question asked for three (3) ways for controlling to be successfully implemented. Some students gave answers such as the types of controlling, barriers to controlling, etc.

The correct answer for the above question are as follows:

In order for controlling to be successfully implemented in organizations:

1. Controlling must be integrated with planning. The more precise the linkage, the more effective control
2. Controlling must be flexible to be able to accomodate changes
3. Information needed for controlling must be accurate otherwise organization may make wrong decision.
4. The control system must provide information as often as necessary. Information must be collected and evaluated quickly to enable managers to solve problems on time.
5. Standards must be objective, that is it must be understandble and measurable. A difficult control system will cause mistake and frustration among both managers and employees.