Control Process AnalysisStrategic Implementation

Prepared By

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Manu Melwin JoyAssistant Professor

Ilahia School of Management Studies

Kerala, India.Phone – 9744551114

Mail – manu_melwinjoy@yahoo.com

Control Process Analysis

• Setting performance

standards.

• Measuring the

performance.

• Variance Analysis.

• Taking corrective action.

Setting performance standards

• This is the starting phase of

control process where the

strategists lays down

foundation for comparing

actual performance with the

planned one, variance

analysis and taking of

corrective action if needed.

Measuring the performance• Operationally, measurement of

performance is done through

accounting, reporting and

communication systems. What

is important is that

performance evaluation should

reflect the actual position

which may be plus, minus or

nil.

Variance Analysis• Variance analysis is to point out the

variation of actual performance

from the standard one. Variation

can be positive, negative or

matching. The main idea behind

variation analysis is to find out the

extent of deviation and the causes

for the same so to hold responsible

the person in charge of cost or

profit centres.

Taking corrective action

• Findings of variance analysis

paves way for taking

necessary corrective actions.

Correcting the performance

calls for further details as to

the organizational structure

and systems plus behavioral

implementations.