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Explain Taking corrective action as a step of controlling process.

Answer» Taking Corrective Action:The final step in the controllingprocess is taking corrective action.No corrective action is required whenthe deviations are within acceptablelimits. However, when the deviationsgo beyond the acceptable range,especially in the important areas,it demands immediate managerialattention so that deviations do notoccur again and standards areaccomplished.

Corrective action might involvetraining of employees if the productiontarget could not be met. Similarly,if an important project is runningbehind schedule, corrective actionmight involve assigning of additionalworkers and equipment to the projectand permission for overtime work. In case the deviation cannot be correctedthrough managerial action, thestandards may have to be revised. Thetable below cites some of the causesof deviations and the respective corrective action that might be takenby a manager.


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