3 main aids used in managerial control

1. Management by exception (mbe)

Management by exception, or the exception principle enables managers to direct attention to
the most critical areas of control and permits employees or lower levels of management to
handle routine variations. No

No action required)
(no
Set Measure Does deviation
standard performance exist?
Yes

(no action)
No
Is deviation
exceptional?
Yes Analyze and
evaluate
deviation

Take
corrective
action
the technique can be practiced by managers in sales, production, finance, personnel, purchasing, quality
control, and other functional areas. (in short, MBE refers to the conscious decision on the part of a
manager to enter into a situation on a needs basis where the particular manager is needed to make
decision.

2. Management Information System (MIS)

Management information system plays an important role in managements effective
performance of the planning and controlling functions of the management.

3. Key Indicator Management

Is one of the most recent monitoring systems that furnishes managers with information which,
at a glance, provides the essentials they need. Such an approach focuses on charts, tables, or
graphs to keep track of the key measures of company operations.