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20 Types of Management Controls

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Management controls are mechanisms that allow a manager to direct the resources of an organization. These compliment the leadership capabilities of a manager with systems for achieving productivity, efficiency and consistency. The following are common types of management control.

Objectives

Agreeing to consistent goals and objectives at the organization, department, team and individual levels.

Performance Management

Evaluating the performance of teams and individuals against objectives to reward performance and take corrective action where performance is lagging.

Task Assignment

Assigning work to teams and individuals.

Setting Expectations

Clearly communicating what is expected of teams and individuals.

Supervision

Being physically present to oversee work.

Measurements

Developing metrics to quantify organizational performance.

Monitoring

Monitoring work with systems, communications and reporting.

Processes

Implementing repeated work as business processes that can be continually improved.

Practices

Leveraging a body of knowledge to guide processes and procedures. For example, using a project management methodology to set expectations for what is required of project managers.

Systems

Automating work using IT systems and physical automation such as robotics.

Tools

Productivity tools that help to standardize work outputs.

Principles

Formal guidelines for strategy and decision making.

Procedures

Guidelines and steps for completing work.

Policy

Rules that govern the day-to-day operations of an organization.

Standards

Adopting standards to guide requirements, specifications and methods.

Checklists

Lists of tasks that need to be completed and things that need to be confirmed in a particular business scenario.

Accounting

Accounting for resources such as budget, asset and inventory control.

Audit Trail

Recording the information required to reconstruct events and actions.

Audits

A systematic and independent verification of accounts, records and measurements.

Summary

The following are the basic types of management controls.
Overview: Management Controls
Type
Definition
Mechanisms that allow a manager to direct the resources of an organization.
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A definition of internal controls with examples.

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A definition of conformance with examples.

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A definition of separation of concerns.

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A list of quality control techniques.

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The definition of management control with examples.

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