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Topic: |
Business
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Number of pages / Number of words: |
3 / 703 |
Essay's paper body
The controlling function helps track performance and makes changes when performance falls below standards. The controlling function guarantees the plans are being put into place properly. At Les Mills, the controlling function is a very important one as all the sales staff are independent contractors and work from home...
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The only form of control a manager has in this situation is performance numbers. Every day the stats for the month are posted to let each person know where he or she ranks as well as each individual target for the month. Without the daily reports the manager would have no way to communicate with the staff as to where they rank on the team...
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General points of the essay
Controlling non-financial performance as a key to improved productivity
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The statement of financial performance is based on data relating to past transactions and events. Hence the statement of financial performance is of no use to an investor’s decision making process.
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