Planning & Controlling

PLANNING & CONTROLLING:

Relationship between Planning and Controlling:

Meaning: -Planning is deciding in advance what is to be done in the future (setting standards). Controlling measures the actual performance against standards and take corrective action if there is any deviation. Relationship

1. Planning without controlling is meaningless and controlling is blind without planning: - Without a plan, there is no basis for controlling if the standards are not set in advance. Controlling measures the actual performance with standards and makes planning effective by taking corrective actions
2. Planning is a thinking process and controlling is evaluative: - explain the path to achieve the objectives and controlling checks that decisions have been translated into action or not
3. Both Planning and controlling are forward-looking: -.

• Plans are prepared for the future called a forward-looking function.
• Controlling examines past activities to find out deviations from the standard  is a backward-looking
• Planning gets feedback and becomes better through controlling, as controlling suggests corrective measures through modification of plans

Conclusion - Both planning and controlling are inter related and interdependent