What is a Good Control System?
A sound control system is a system that maintains, controls, and also gives direction to the other departments of the firm.
To better the control systems, a feedback control system applies to overall change the process in an organization.
A sound control system in a company is beneficial before targeting the main concepts of an excellent controlling system. Firstly, we should know the good control system in a company.
Management Control System (MCS)
A Good Control System Has All The Following Features Except – This system gathers all information to elaborate the performance of different sources like human resources, physical and financial resources, etc. Management control systems affect the nature of the companies resources to apply companies rules and regulations. The two MCS are formal and informal.
Elements of a Good Control System
A Good Control System Has All The Following Features Except – Each sound control system must have essential elements. The vital role of the factors develops the process, and the absence of anyone will affect the whole system. However, all the managers should consider having good control system elements.
1) Feedback
A Good Control System Has All The Following Features Except – Feedback is the main element of all good control systems. This feedback is the information that all the managers will apply to handle the companies actual development process properly.
The central concept of this element is to set coming actions using past experiences. All the managers use the information from feedbacks to apply development measures. All these steps helps to fill the gap between the companies actual development and the goals set by the employee.
Feedback is of two types which considers as formal or informal. Proper feedback contains the information of financial statements, statistics, reports, all other written details. Secondly, informal feedback comprises personal opinions, discussions, and individual outputs.
2) Control must be Objective
A Good Control System Has All The Following Features Except – The second central concept of a good control system is the Objective. The main subject should not be unconditional based on actual performances.
For example, evaluating the worker’s performance should contain the standards such as working hours, outcomes, efficiency, etc. Managers should not discourge the employees by putting conditions which are not flexible.
3) Control should be Forward-Looking
A Good Control System Has All The Following Features Except – Good control systems can get a loss if there is a delay in report submission and not proper corrective measures. As we have seen above, this problem can affect our business.
Hence, managers must ensure that their control systems are forward-looking. That will help predict deviations in advance and give adequate time for course correction.
4) Flexible Controls
A Good Control System Has All The Following Features Except – A rigid control system can often be ineffective in extraordinary and unpredictable situations. It should, thus, be flexible and open to changes. Managers must adapt their control measures as per the requirements of every possible scenario.
5) Economic Control
A Good Control System Has All The Following Features Except – Every sound controlling system has to be economical for implementation and maintenance. In other words, its benefits should outweigh its costs. An organization must be able to afford it and also derive all possible advantages from it.
6) Control should Focus on Workers
A Good Control System Has All The Following Features Except – Good control systems always focus on workers instead of the work itself. Since workers implement these systems, everybody should be able to work with them effectively.