8️⃣
Managerial control
Finished
1. Managerial control
1.1 The Control Cycle
⇒ The Management functions consisted of planning, organizing, leading & controlling
Controlling
= development & implementation of systems enabling to align actions with organization’s goals,
standards & values
1. Managerial control
What is control?
⇒ any process that directs the activities of individuals toward the achievement of organizational goals
Types of Control
Bureaucratic control
→ uses rules, regulations & authority determine performance standards, control performance & monitor how well standards are
met
e.g. monitoring of working hours
Market control
→ uses economic info to determine performance measures & to control activities within an org
e.g. Market share to evaluate business performance; market salary rates for salary of managers;…
Clan/cultural control
→ uses culture, shared values, beliefs, expectations & trust among group members, to control behavior
e.g. used during employee selection & training processes to ensure members will share values & be motivated
1.1 The Control Cycle
Managerial control 1
Managerial control
Finished
1. Managerial control
1.1 The Control Cycle
⇒ The Management functions consisted of planning, organizing, leading & controlling
Controlling
= development & implementation of systems enabling to align actions with organization’s goals,
standards & values
1. Managerial control
What is control?
⇒ any process that directs the activities of individuals toward the achievement of organizational goals
Types of Control
Bureaucratic control
→ uses rules, regulations & authority determine performance standards, control performance & monitor how well standards are
met
e.g. monitoring of working hours
Market control
→ uses economic info to determine performance measures & to control activities within an org
e.g. Market share to evaluate business performance; market salary rates for salary of managers;…
Clan/cultural control
→ uses culture, shared values, beliefs, expectations & trust among group members, to control behavior
e.g. used during employee selection & training processes to ensure members will share values & be motivated
1.1 The Control Cycle
Managerial control 1
