Following points highlight the importance of controlling function of management: 

1. Accomplishing organisational goals – Controlling ensures that results of business operations conform as closely as possible to the predetermined objectives. Controlling tries to correct the deviation between actual results and desired results.

2. Judging accuracy of standards – A control system enables management to verify whether standards are objective. Standards need to be revised in the light of changes in environment. 

3. Making efficient use of resources – Controlling reduces wastage of resources. Since activities are performed in accordance with standards, resources are used in efficient manner. 

4. Improving employee motivation – The existence of control system has a positive impact on the behaviour of the employees. Employees know well in advance what are the standards of performance. It motivates them to improve their performance. 

5. Ensuring order and discipline – Controlling creates an atmosphere of order and discipline in the organisation. Controlling minimises the dishonest behaviour on the part of the employees.