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control in organization (corporate governance)

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LOGO CORPORATE GOVERNANCE IN ASIA CORPORATE GOVERNANCE IN ASIA GMGG 5314 GMGG 5314 CONTROL IN ORGANIZATION CONTROL IN ORGANIZATION Prepared for : Dr. Prepared for : Dr. Rozita Arshad Rozita Arshad Prepared by : SHAHRIL BUDIMAN | 810089 [email protected]

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Control In Organization with several type of control combination with example

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Page 1: Control in Organization (Corporate Governance)

LOGO

CORPORATE GOVERNANCE IN ASIACORPORATE GOVERNANCE IN ASIAGMGG 5314GMGG 5314

CONTROL IN ORGANIZATIONCONTROL IN ORGANIZATIONPrepared for : Dr. Prepared for : Dr. Rozita ArshadRozita Arshad

Prepared by : SHAHRIL BUDIMAN | [email protected]

Page 2: Control in Organization (Corporate Governance)

Contents

Conclusion5

Definition1

Open Control System in Organization2

Feed Forward Controls3

Feedback Controls4

Corporate Governance in Asia Control In Organizations

Page 3: Control in Organization (Corporate Governance)

CORPORATE GOVERNANCE

Corporate governance concerns all the steps taken by the owners of a company to ensure that it produces for them the best possible benefit(OECD) Organisation for Economic Co-operation and Development

The corporate governance structure specifies the distribution of rights and responsibilities among different participants in the corporation (Pellervo:2000)

Corporate Governance in Asia Control In Organizations

Page 4: Control in Organization (Corporate Governance)

Corporate Governance Defined Internal systems that establish the relationships

between the corporation and its stakeholders Shareholders Management Board of Directors Employees Creditors Vendors Government/Regulators

Policies, statutes, rules, practices Values and ethics

Corporate Governance in Asia Control In Organizations

Page 5: Control in Organization (Corporate Governance)

Corporate Governance - Sample

Corporate governance at Microsoft serves several purposes: To establish . . management accountability . . . To provide structure…to monitor performance… To strengthen ..our culture of business integrity… To encourage the efficient use of resources, and To require accountability for the stewardship of those

resources.» www.microsoft.com

Corporate Governance in Asia Control In Organizations

Page 6: Control in Organization (Corporate Governance)

Definition of Control

Control consists of verifying whether everything occurs in conformity with the plan adopted, the instructions issued, and principles established. It‘s object is to point out weaknesses and errors in order to rectify them and prevent recurrence (Fayol :1949)

Controlling is the process of measuring performance and taking action to ensure desired results (Schermerhorn:2011)

According to Harold Koontz,Controlling is the measurement and correction of performance in order to make sure that enterprise objectives and the plans devised to attain them are accomplished.

Corporate Governance in Asia Control In Organizations

Page 7: Control in Organization (Corporate Governance)

Definition of Control

Control begins with objectives and standards. Control measures actual performance. Control compares results with objectives and

standards. Control takes corrective action as needed. Control focuses on work inputs, throughputs, and

outputs.

Schermerhorn : 2007

Corporate Governance in Asia Control In Organizations

Page 8: Control in Organization (Corporate Governance)

Corporate Governance In Asia Control in organization

Concurrent Controls

Ensure the right things are being done as part or workflow operations

Concurrent Controls

Ensure the right things are being done as part or workflow operations

Feed Forward Controls

Ensure the right directions are set and the right resource input are available

Feed Forward Controls

Ensure the right directions are set and the right resource input are available

Feedback Controls

Ensure that final results are up to desired standards

Feedback Controls

Ensure that final results are up to desired standards

Organization Control in Open System Perspective

WORKINPUTS

WORK THROUGHPUTS

WORKOUTPUTS

Solve problem before occur

Solve Problem while are occurring

Solve Problem after they occur

Sch

erm

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orn

: 2

011

Page 9: Control in Organization (Corporate Governance)

Feed Forward Control - Example

Corporate Governance in Asia Control In Organizations

John F. love : Mc’Donald’s Behind the Arches , Ray Kroc & Robert Anderson, Grinding It Out : The Making of Mc’Donald’s

The Company (Mc’Donald’s) require that hamburger bread suppliersproduce to exact specifications

Page 10: Control in Organization (Corporate Governance)

Concurrent Controls - Example

Managers Allow to Quickly spot andCorrect any problems in the manufacturing cycle(Direct Supervision)Gregg Segal’ “Hyundai Smokes the Competition,” Financial Times (January, 2010)

Corporate Governance in Asia Control In Organizations

Page 11: Control in Organization (Corporate Governance)

Feed Back Controls - Example

Selling Must Go on at the same time, studied and solutions also implemented (Toyota Executives)

Helping Ensure the safety of our customers and restoring confidence in Toyota are very important to our company

Corporate Governance in Asia Control In Organizations

Page 12: Control in Organization (Corporate Governance)

Managers Control

Internal Control (Self Control)

Occurs through self-discipline in fulfilling work and personal responsibilities

RespectControl System

External control

Alternative Control Mix with Bureaucratic Control, Clan and Market Regulatory Control

Corporate Governance in Asia Control In Organizations

Page 13: Control in Organization (Corporate Governance)

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Page 14: Control in Organization (Corporate Governance)

The foundation The foundation of control is of control is InformationInformation

(Henry Schacht, Former CEO of Cummins Engine Company)

Corporate Governance in Asia

Page 15: Control in Organization (Corporate Governance)

LOGO

www.themegallery.com

Thank YouCONTROL INCONTROL IN ORGANIZATIONORGANIZATION

Prepared by : SHAHRIL BUDIMAN | 810089

[email protected]


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