Control and Regulation at Work - Coursework Example

Running Head: CONTROL AND REGULATION AT WORK Control and Regulation at Work Name Course Lecturer Date Control and Regulation at Work The discussion explores on importance of control and regulation system for business success. The work of control and regulation in business is to check and correct errors to keep balance. Through it, organization gathers the necessary information so as to evaluate the performance of the business. It also defines roles of each member in order to attain its objectives without conflict of ideas or interests. Furthermore, it is the duty of control and regulation panel to put or remove restrictions relating to its products performance in the market. It also acts like artifacts of policies implementation (Scheer & Nüttgens, 2000). Moreover, control and regulation deals with establishment, promulgation and reinforcement of rules for the benefit of the business. The regulations include development approvals, employment, wages, standard production, services and control of market price. The business use control and regulation to manage risks in order to maintain market confidence and protect its customers. However, control and regulation in business management includes planning, organizing and controlling (Shi & Halpin, 2003). For any business to prosper it has to plan, organize and control programs for smooth running towards its set goals. In the discussion, they are presented as an important instrument in setting, learning, implementing and attaining the organization’s objectives Shi & Halpin (2003). Therefore, the paper tackles each component separately but exhaustively. Planning plays a very great role in organizing and controlling the business to be successful. Good plan outlines the roles, structure and responsibility of each player for effectiveness in service delivery. It helps the organization to identify and focus on the best direction for the achievement of its goals. As suggested by Shi & Halpin, (2003), it gives the overall view of an organization in order to remain competitive in the market. Through pointing out business strength and weaknesses against its main competitors as well as identifying other strategies to open up new opportunities for the business. According to Scheer & Nüttgens, (2000), organization is able provide quality products and services through regulated prices, quality and demand of its products in the market with data updates. The information is as a result of good planning. Furthermore, planning entails organizational goals and the steps necessary towards the achievement of those goals. Shi & Halpin, (2003) suggests that, all businesses have limited resources. This calls for proper planning on how to allocate the available resources, in the pursued of its objectives without being misused on projects with little success. Scheer & Nüttgens, (2000), states that, Planning promotes teamwork spirit to all members in a business. This challenges every member to give his/her best performance in the organization by being aggressive but realistic on goals attainment. Goal setting is very significant since it keeps the business competitive in the market while improving its products and services every day. Therefore, through planning the business is able to detect and rectify financial situations such as expenses exceeding the revenues to maximize its profits while offering better services to its customers (Scheer & Nüttgens, 2000). However, this is only accomplished if there is an appropriate organization of work. Organization is an important component in business when controlling and regulating business activities for better results. It entails development of an organizational structure such as managerial. The managers play an important role in the business management in stipulating duties and obligations to each member. In addition, the manager ensures that tasks are correctly done, by identifying the appropriate individuals to do specific work and gets to understand how a particular task should be done (DeCanio et al., 2000). In organization, specialization of tasks is adhered to which means that, an individual has right to choose on what is most preferable depending on the skills gained. There is control and regulation at work whereby every member should have qualified for the kind of duty assigned to. The term organization in control and regulation at work can also be defined as division of tasks. This ensures that work is done appropriately as demanded (Friesen et al., 2001). As a result, experts get opportunity to put more effort for high production thus benefiting the business outcome. In order for an organization to run effectively professionalism is demanded for instance, the right person is assigned for the right job category (Friesen et al., 2001). With organization in place there is control of authority which means each member have a standard set for him/her to observe. An example is when there are two people known as “manager”, while else only one is the real manager (DeCanio et al., 2000). Therefore, this reduces the chances of authority abuse. The reason being, managers arrange tasks to accomplish the organization goals and projects. Nevertheless, with organization, control and regulation of work implementation enhances work to be done professionally. In conclusion, organization is very significant in business management and hence requires control and regulation at work. Controlling, in a business structure, enables the management system to achieve the set goals (Scheer & Nüttgens, 2000). Also control ensures that the work is done appropriately. The ability of organization to be in place is determined by the control measure of every work done. This is done by controlling the extent to which work should be completed and the order in which it should follow. In organization the future is determined by the act of regulating the way goals are achieved. Thereby, control minimizes delay in work towards the set objectives without failure. At times, deadlines are not met or the amount of work may not meet the requirements. To control this, there is a regulation set to help in solving the occurrence. Delegation of work by managers is only effective if the managers are controlling the performance of every member (Shi & Halpin, 2003). Whereby, they ensure that information delivered is correct and is addressing the right person. If the organization has decentralization, the manager have the task in, controlling the budget, approving work done by individuals, regulates work by directing to other individuals in case of expertise and controls the total cost (Scheer & Nüttgens, 2000). All the above duties are done with the aim of controlling the operation of work. It ensures that there is effective coordination of duties by ensuring that no work is left incomplete. This is done so as to meet the set departmental goals (Scheer & Nüttgens, 2000). The control, checks to it that, the methods used to performance work is correct and the result is good. By this, the organization is able to regulate work efficiently. For productivity of a company, an individual giving incorrect or inappropriate result, control is put in place so that the coordinators can correct the problem. Where else if an individual is unable to meet the specific set goal, there is regulation of work, done by ensuring that only tasks accomplished are delegated to individuals. In conclusion then, planning, organizing and control are key aspects in business management and very important for business success across the world. As discussed, these components are intertwined to each other in such a way that deprivation of one automatically imperfects the rest, and application of one calls for application of the other two. Well established and successful organizations make good use of these key factors in their day to day activities. These factors influence a lot the outcome of products and services delivery in any business. Through planning, organizing and controlling the product, market and business activities the business is able to compete in the market, satisfying its costumers and maintain it’s the profit margin (DeCanio et al., 2000). Furthermore, organization must apply them in order to be relevant, consisted and competitive in the market by bringing new ideas and products. However, these factors may require professionalism in order to be effective in business management. For instance, good planning demands proper data gathering and analysis so that it may represent the true image of customers’ taste in line with business’s objectives (DeCanio et al., 2000). While, organizing in the business requires well thought strategies in the implementation processes to keep the main agenda. Then, the controlling aspect requires competence in coordinating and regulating the laid policies towards the business goals. The organization controls the performance of the business by giving each member a well defined role and responsibility to be played. Therefore, success in organization is determined by how well one is able to use and coordinate all these aspects. . Reference DeCanio, J., Dibble, C., & Amir-Atefi, K., (2000), the importance of organizational structure for the adoption of innovations, Management Science, Vol 46, Iss10, p. 1285-1299. Friesen, N., Yassi, A., & Cooper, J. (2001), Return-to-work: The importance of human interactions and organizational structures, Work: A Journal of Prevention, Assessment and Rehabilitation, Vol 17, Iss1, p. 11-22. Scheer W., & Nüttgens M., (2000), ARIS architecture and reference models for business process management, Springer Berlin Heidelberg, Berlin, p. 376-389. Shi, J., & Halpin, W., (2003), Enterprise resource planning for construction business management, Journal of construction engineering and management, Vol 192, Iss 2, p. 214-221. Read More