The Importance of Control in management are as follows:
(1) Reduces Risk:
Control eliminates the risk of non-conformity of actual performance with the main goals of the organisation. Control is the function which regulates the operation to ensure the attainment of the set objectives.
Regular measurement of work in progress with proper adjustments in operations puts the performance on the right track and helps in the achievement of goals.
(2) Basis for future action:
Control provides the information and facts to the management for planning and organising when the work is completed and the result is evaluated. In fact, evaluation of results helps the management replant for non-repetitive operations and rewarding, punishing and discipline the workers.
It would be better to say that future long term planning is not possible unless and until control information is available in time to the managers for the operation of work.
(3) Size of the business:
In large scale business in the modem times it is quite impossible to work without proper policies, procedures and quality of different varieties of goods. That is why in a large scale organisation there is always the need of a scientific system of control to solve the day to day problems.
(4) Indicator for managerial weakness:
In the organisation there will be certain unforeseen and unknown problems which cannot be traced out by mere planning, organising and staffing efforts. It is the control process that can trace these out. That is why it is known as an indicator of the managerial weakness. Control not only finds out the weakness of managers but also provides solutions and remedial action to solve the problems.
(5) Facility of coordination:
Management and coordination of the business activities and workers is a very important role. It binds all the workers and their activities and motivates them to move towards the common objectives through coordination.
Control will play the role of a middleman between the workers and management to provide the required information in time to the workers.
(6) Simplifies supervision:
A systematic system of control helps in finding out the deviation existing in the organisation which also simplifies the task of the supervisor in managing his subordinates. So through control its becomes simpler for the supervisor to supervise and guide the workers to follow the right track and fulfill the required goals.
(7) Extension of decentralisation:
Control system helps the top management to extend the frontiers of decentralisation without the loss of control. When proper procedures, policies, targets, etc, are clearly communicated to the subordinates, they develop self-confidence and need not always refer to their supervisors with the problems.