SUBMITTED By: Tasneem Sutarwala (55) Submitted to:- MRS.RUTVI UMRIGAR

Strategy formulation:  It is the process of deciding on the goals of the org and the strategies for attaining these goals. Goals are timeless they exist until they are changed, and they are changed only rarely.  Strategies are big and imp plans.  Complete responsibility for strategy formulation should never be assigned to a particular person or an organizational unit.

 Strategy formulation is the process of deciding on new strategy.  Mgmt control is the process of implementing those strategies.  Strategy formulation is essentially unsystematic.  Strategic analysis involves much judgment and the numbers used in the process are usually rough estimated.

 By contrast, mgmt control process involves a series of steps that occur in a predictable sequence according to a more-or-less fixed timetable with reliable estimates.  Analysis of a proposed strategy usually involves relatively few people.  The sponsor of the idea, headquarters staff and senior mgmt.  By contrast, the mgmt control process involves managers and their staff at all levels in the organization.

 It is the process of ensuring that specified tasks are carried out effectively and efficiently.  It is transaction –oriented.  It involves the performance of an individual tasks according to rules established in the mgmt control process.  Task control often consists of seeing that rules are followed, a function that in some cases does not even require the presence of human being.

 Numerically controlled machine tools, process control computers and robots are mechanical task control device.  Their function involves humans only when the latter prove more expensive or more reliable; this is likely to happen only if unusual events occur so frequently that programming a computer with rules for dealing with these events is not worthwhile.  Many task control activities are scientific that is the optimal decision or the appropriate action for bringing an out of control condition back to the desired state is predictable within acceptable limits.

 Task control is the focus of many mgmt science and operation research techniques. Most of the info in an org is task control info Many of an org’s central activities- including procurement, scheduling, order entry, logistics, quality control & cash mgmt- task control.

1. Task control systems are scientific, where as mgmt control can never be reduced to a science. 2. Mgmt control involves the behavior of managers, and this can not be expressed by equations. 3. Serious errors may be made when principles developed by mgmt scientists for task control situations are applied to mgmt control situations.

4. In mgmt control, managers interact with managers; in task control, either human beings are not involved at all (as in some automated production process), or the interaction between a manager and a non-manager. 5. In mgmt control the focus is on org units; in task control the focus is on specific tasks performed by these org units. 6.Mgmt control is concerned with the broadly defined activities of managers deciding what is to be done within the general constraints of strategies. 7. Task control relates to specified tasks, most of which require little or no judgment to perform.