An approach to management control by application of the principle of management by exception. - Page 74 |
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feature of this type control action has been that of | operating almost automatically at the point where deviation| of policy or procedure takes place and where corrective action is timely and may be readily applied. By the very nature of value, the built-in control 1 i jhas a requisite for standards from which performance of elements of the enterprise may be compared in order to indicate degree of deviation and subsequent action initia- I !tion. Each standard has related to it the allowable i ! I deviation permitted before corrective action release. j Adaptation of built-in controls has the limitation j of being for the most part, restricted to those areas in !i which minimum variables are identified, correlated, and ji adjusted. Utilisation also is limited to operations wherein the manager has the capacity to relate the com-pounding affect of several variables. Minimum variables jI ij and managerial. capacity limitations as barriers to applica-j1 tion of built-in controls is being presently minimised by the mathematical technique known generally as "Operations Research," and thus the new member of the eontrol family has possibilities the extent of which is unknown. ^ ;i 1i Summary. Newman has gone further than most authors into the construction of standards and goals for control 15'Philip R. Marvin, Administrative Management (Dayton, Ohio: Research Press, Inc., 1951*-)» PP* 89-9**•
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Title | An approach to management control by application of the principle of management by exception. - Page 74 |
Repository email | cisadmin@lib.usc.edu |
Full text | feature of this type control action has been that of | operating almost automatically at the point where deviation| of policy or procedure takes place and where corrective action is timely and may be readily applied. By the very nature of value, the built-in control 1 i jhas a requisite for standards from which performance of elements of the enterprise may be compared in order to indicate degree of deviation and subsequent action initia- I !tion. Each standard has related to it the allowable i ! I deviation permitted before corrective action release. j Adaptation of built-in controls has the limitation j of being for the most part, restricted to those areas in !i which minimum variables are identified, correlated, and ji adjusted. Utilisation also is limited to operations wherein the manager has the capacity to relate the com-pounding affect of several variables. Minimum variables jI ij and managerial. capacity limitations as barriers to applica-j1 tion of built-in controls is being presently minimised by the mathematical technique known generally as "Operations Research," and thus the new member of the eontrol family has possibilities the extent of which is unknown. ^ ;i 1i Summary. Newman has gone further than most authors into the construction of standards and goals for control 15'Philip R. Marvin, Administrative Management (Dayton, Ohio: Research Press, Inc., 1951*-)» PP* 89-9**• |