Page 167 - Demo
P. 167
www.gyaniversity.com160Managerial Processes-IIevolve in response to new technologies, market conditions, or internal improvements, the control system must be capable of incorporating these changes without significant disruption. A technology firm might adjust its control parameters as new software tools are implemented or as market share shifts.Cost-Effectiveness: The benefits derived from controlling must justify the resources invested in the control system. A control system that is too complex or expensive may not deliver proportional benefits. Therefore, organisations must ensure that the method of monitoring andcontrol is economically viable.Focus on Significant Deviations and Corrective Action Capabilities: A good control system must distinguish between minor deviations, which may be normal in any operating environment, and significant deviations that require intervention. Managers should have the authority and resources to take corrective actionas soon as deviations exceed acceptable limits.Example to Illustrate the Importance of an Effective Control System:Consider an automobile manufacturing unit that implements a comprehensive control system across its production line. The company sets clear quality standards based on safety and durability benchmarks. Using real-time data from automated sensors, managers continuously monitor the production process. Any deviation, such as the misalignment of a vehicle%u2019s component, is immediately flagged. The supervisors investigate root causes sometimes relating to machine malfunction or improper trainingand promptly initiate corrective actions such as repair or operator coaching. Simultaneously, feedback from quality inspections is used to update the standards and refine the control process further. This ensures that even if a defect occurs, the system quickly learns and adapts, thereby reducing future errors and enhancing overall efficiency.Highlight the characteristics of a good control system?Exam Prediction: 52%Source: IGNOU TextbookA good control system is essential to ensure that organizational activities are on track to meet the planned objectives. A well-designed control system not only measures performance, but it also detects deviations and facilitates corrective actions. The following characteristics summarize what makes a control system effective:1. Suitability for Specific Needs: A control system must be designed keeping in mind the unique requirements of various units within an organization. For instance, the controls used for a production unit will differ significantly from those used in a marketing or service department. This suitability means that the system is tailored to

