|
Sr.
No.
|
Basis
of
Difference
|
Planning
|
Controlling
|
|
1.
|
Meaning
|
Planning is deciding in advance what to do, how to
do, when to do it and who is to do it.
|
Controlling measures the deviation of actual
performance from the standard performance and takes corrective actions.
|
|
2.
|
Objectives
|
The main objectives is to set goals and choosing
|
The main objective is to ensure that the targets
must be achieved as per the plans.
|
|
3.
|
Area
of function
|
It includes setting objectives Identifying
alternate course of action Select the best plan
|
It Includes Fixation of standards, Measurement of
actual performance.
|
|
4.
|
Factors
|
Internal as well as external factors are
considered while setting targets.
|
It takes care of Internal as well as external
factor for taking corrective action.
|
|
5.
|
Order
|
It is the starting point of management. Other
functions depends on Planning.
|
It follows all other functions. It is an end
function of Management Process.
|
|
6.
|
Nature
|
It is continuous in nature. Planning will never
come to an end till the organization exists.
|
It is a process which starts once the actual
target is achieved.
|
Planning & Controlling
