Question

'Planning and controlling are inseparable twins of management'. Explain with the help of any three points. 

Answer 1

1. The management twins of controlling and planning are interdependent. The foundation for control is provided by planning. The planning process sets the final goal criteria in precise and clear words. The process of regulating involves measuring and comparing actual performance to set criteria, identifying any discrepancies, and taking the necessary remedial action. As a result, controlling without planning is blind, and planning without controlling is meaningless.
2. Planning is an intellectual process that involves considering, expressing, and analyzing different alternative courses of action and recommending the best one to achieve the intended goals effectively and efficiently. On the other hand, controlling focuses on making sure that things go according to the plan.
3. While controlling involves looking back, planning involves looking forward. Forecasts of future situations act as the foundation for future plans.