CONTROLLING – A SUPPORT FOR PRODUCTION MANAGEMENT

Lucian C-tin Gabriel Budacia ()
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Lucian C-tin Gabriel Budacia: Romanian-American University, Bucharest

Romanian Economic Business Review, 2016, vol. 11, issue 4.1, 30-34

Abstract: Control was and still is present in all aspects of economic and social reality. Through control, managers make sure that they are informed on a dynamic, real, preventive level, which raises the value of conclusions and the quality of decisions. As a result, this became a “common language for all managers” and without it, the proper functioning of businesses would be inconceivable. All modern theories of organization attest leadership in a quasi-automated manner, which represents the essence of management control itself. However, in order to achieve such a discipline, one’s actions must influence structures or, more precisely, one must adapt management control to different possible forms of organization which depend on how power and responsibilities are divided. Management control can be exercised on all organizational levels and it is present on all levels where an activity is exercised. It becomes an essential factor for the functioning and evolution of businesses. The purpose of controlling is to provide useful information for the decisions of managers. Controlling, as decision support for industrial production management, is the administrator of the decisional cycle: information – analysis – decision – action – control.

Keywords: management; control; leadership; decision-making (search for similar items in EconPapers)
Date: 2016
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