Proficient Management – Essay Example
The paper "Proficient Management" is a wonderful example of a management essay.
Proficient management is a prerequisite for business success. It entails the interplay of various functions including control (Plunkett, Gemmy and Attner 519)
Steps in business control
The first step involves establishing standards within the business strategic proposal. Standards guide departmental goals and in measuring business success. Organizational standards manifest through output. However, it also includes a measure of non-monetary items like loyalty, goodwill, and buyer attraction. Examples include cost standard and market share (Daft 508).
After which organizations assess their real performance. The step embroils preparation and regular review of performance reports to determine accomplished and unaccomplished targets. Generally, the stage involves assessing income, inventories, expenses, and product quality.
The third step is comparing organizations actual performance versus performance. Principally, it compares real actions to performance standards. Moreover, comparison facilitates identification of deviations between performance and standards, which in turn promote timely response to the management issues (Dubrin 515).
The final component is taking corrective action for any identified variance. The stage mainly helps businesses to fix responsibility and minimize reoccurrence of failures at the right quarters.
Types of control processes
Control applies past, present, and projection information to form operative control processes. Thus, control types are feedforward, concurrent, and feedback (Plunkett, Gemmy and Attner 526).
Feedforward is the deliberate modification to prevent losses. It guides emphasis on material, human, and financial resources within the organization. Thus, is effective for the hiring of quality job employees. Concurrent controls refer to the active engagement and observation of actual business cases. Therefore, it is applicable to monitoring worker activity and guarantees uniformity with quality standards. The last type comprises feedback controls. Mainly, the control helps review data to establish if the performance meets set standards (Lussier 449).
In conclusion, the effectiveness of the controls manifests in the superb quality of services and goods traded by an enterprise.