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In contemporary organizational and business management, examining has grown to be an indispensable part of the business's success. Control is key to all administrative functionalities, as an organization's success is defined by effective controlling. There have been articles written that described and explained the adoption, evolution, and quality of managerial control. This work aims to discuss a new paper written on executive management and the importance of business control systems.
Authored in 2017, the article titled “The Importance of Control Function in a Business Organization” speaks about the aspect of controlling functions within a business. It also discusses the importance of control in the organizational setting towards the realization of objectives and goals. According to the author, controlling has become today an indispensable function in organization management. The article highlights the importance of control, and the need for sustainable development in order for a business establishment to grow, survive as well as to be a success. One primary benefit related to controlling functions in an organization is that it offers accurate information which is key towards effective decision making in this organization. More so, it helps in maintaining effective functioning aspect of a business.
Drawing from the article, I have learnt what controlling in terms of business setting is. Controlling can be said to be that process in which an organization turns their production into better and improved production while at the same time eliminating challenges between production and organizational success. With reference to this topic, the article provides a key introduction into the field of organizational control, highlighting why control is unavoidable undertaking in the modern business management. Drawing from the article, some key terms include: controlling as a function of management and managers as a key to effective control. Other terms include: sustainable development, internal and external control.
The Importance of Control Function in a Business Organization. (N.d.). Retrieved on September 06, 2017 from http://fareedsiddiqui.expertscolumn.com/article/importance-control-function-business-organization
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