Accounting technicians scheme west africa


(b) Objective and Comprehensible



Download 3.37 Mb.
View original pdf
Page172/327
Date31.08.2022
Size3.37 Mb.
#59434
1   ...   168   169   170   171   172   173   174   175   ...   327
37
(b)
Objective and Comprehensible
To be useful, the information used in a control system should be understandable and seen as objective by the individuals involved. The more objective the information used in the control system is, the greater the likelihood that individuals will take the appropriate corrective action at the proper time. When the information is difficult to understand or is not precise, it will cause unnecessary mistakes to be made.
(c)
Timely
Information must be collected, routed to the appropriate destination, and evaluated quickly, if corrective action is to betaken in time to produce improvements. Otherwise, managers may act too late, act incorrectly, or simply not act at all.
(d)
Focused on Strategic Control Points
The control systems should be focused on those areas where deviations from the standard are most likely to take place or where deviations would lead to the greatest harm. The system should also be focused on those points where corrective action can be most effectively applied. For example, parts quality is most logically checked immediately after the parts are received into store.
(e)
Economically Realistic
The cost of implementing a control system should be lessor, at most, equal to the benefits derived from the control system. For example, if managers are spending Non control to realise savings of N, they need to redesign their control system. The best ways to minimize waste or unnecessary expenditure in a control System is to do the minimum amount of work necessary to ensure that the monitored activity will reach the desired goal.
(f)
Organizationally Realistic
For the control system to be workable, it has to be compatible with organizational realities. For example, there must bean equitable balance between the effort necessary to attain the desired performance level and the reward for achieving it.
(g)
Co-ordinated with the Organization's Work Flow
Control information needs to be coordinated with the flow of work through the organization for two reasons. First each step in the work process may affect the successor failure of the entire operation. Second the control information must get to all the people who need to receive it.

Download 3.37 Mb.

Share with your friends:
1   ...   168   169   170   171   172   173   174   175   ...   327




The database is protected by copyright ©ininet.org 2024
send message

    Main page