Importance of Controlling are as follows:
(i) Controlling helps in achieving organisational goals: The controlling function measures progress towards the organisational goals and indicates deviations if any to take corrective action.

(ii) Judging accuracy of standards: An efficient control system enables management to verify whether the standards set are accurate or not by carefully checking the changes taking place in an organisational environment.
(iii) Making efficient use of resources: Efficient utilisation of resources through controlling process enables a manager to reduce wastage of resources.
(iv) Improving employees motivation: An efficient control system ensures that employees know well in advance what they are expected to do and also the standards of performance. It thus motivates and helps them to give better performance.