Question

Explain the relationship between 'Planning' and 'Controlling' functions of management with the help of any three points.

Hint:

Planning provides a framework for setting goals, while controlling ensures these goals are met by monitoring progress and correcting deviations.

Answer 1

Planning and controlling are inseparable twins of management. They are interdependent and work together to ensure the achievement of organizational goals.
1. Planning is a prerequisite for controlling: Planning sets the goals, and controlling helps to ensure that those goals are achieved. Without a plan, there is no standard to measure against.
2. Planning is prescriptive, controlling is evaluative: Planning involves deciding on a course of action for the future, while controlling assesses whether the actions taken are in line with the plan.
3. Planning is forward-looking, controlling is backward-looking: Planning sets future goals, whereas controlling evaluates past activities to correct any deviations and ensure goals are achieved.