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Management Control

46
Language:  English
This book is an attempt to provide an insight into the various systems of management control, and is likely to benefit both practising as well as aspiring managers.
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Content
Description
  • About the author
  • Preface
  1. Nature of control
    1. Introduction
    2. Nature of control
    3. Need and importance
    4. Factors of control
    5. Summary
    6. Self-assessment exercise
  2. Process of control
    1. Introduction
    2. Steps in the control process
    3. Characteristics of control system
    4. Summary
    5. Self-assessment exercise
  3. Principles and elements of control
    1. Principles of control
    2. Elements of management control system
    3. Requirements of efficient control system
    4. Devices of control
    5. Summary
    6. Self-assessment exercise
  4. Budgetary control
    1. Introduction
    2. Effective budgetary control
    3. Classification of budgets
    4. Periodic budgetary review
    5. Performance budgeting
    6. Zero-base budgeting
    7. Evaluation of budgetary control
    8. Summary
    9. Self-assessment exercise
  5. Other traditional controls
    1. Cost control
    2. Production control
    3. Inventory control
    4. Break-even point analysis
    5. Profit and loss control
    6. External and internal audit
    7. Summary
    8. Self-assessment exercise
  6. Modern control devices
    1. Introduction
    2. Return on investment control
    3. Programme Evaluation and Review Technique (PERT)
    4. Management Information System (MIS)
    5. Cybernetics
    6. Management audit
    7. Spans of control
    8. Summary
    9. Self-assessment exercise
  • References
  • Table of figures

During the process of planning, the management sets various standards of performance covering all the aspects of a business operation. At the same time the methods of control mechanism are also specified. Hence, when a manager finds any deviation from the set standard, they need to take immediate corrective action. Prompt action will not only set the deviation right but also ensure that no such thing happens in the future too.This book is an attempt to provide an insight into the various systems of management control, and is likely to benefit both practising as well as aspiring managers.

About the Author

Manmohan’s interactive style and unique ability to engage with young as well as not so young has made him a very effective training facilitator. He has conducted a horde of training programmes in India and the Middle East. His deep insight into the culture of his home country – India – and that of the Middle East has made it possible for him to effectively engage audiences. He has also made presentations on various topics at International Conferences under the auspices of UNESCO, and ensured that his practical viewpoints are shared with a wide variety of audience.

Currently a Freelance Training Facilitator, Manmohan has authored several eBooks on Management and Education.

Having worked as Head of several educational and training organisations in India, Kuwait and Oman, he has specialised in training programmes for people in a wide variety of professions. He has also made a Webinar presentation on Personality Development organised by a US-based organisation.

An alumnus of Cambridge International College (UK), Manmohan also holds a Ph.D. in Management, and Masters in Business Management, Education and English.

Manmohan is currently India-based and conducts training programmes for college students, professors and management executives.

Among his other programmes the following are in much demand:

  • Soft Skills

  • Business Communication

  • Leadership & Teambuilding

  • Pedagogy of Teaching at college/school level

  • EMI (English as Medium of Instruction) Skills for college professors

  • Guidance and counselling in educational institutions

About the Author
Manmohan

Manmohan Joshi