Management by Exception is a strategic management technique where only significant deviations from budgeted or expected performance are brought to the attention of management. This approach allows managers to focus on critical issues that require intervention, thereby optimizing resource allocation and decision-making efficiency. By emphasizing exceptions, it streamlines managerial oversight and enhances operational control. Management by Exception is particularly useful in dynamic business environments where rapid response is crucial.
CMA Prep Course
CMA Exam Academy is a proven, 16-week per part online coaching program to help you pass the CMA. The Academy’s comprehensive curriculum will help you pass the CMA exam and achieve your dreams of earning 6-figures per year, ascend to the executive ranks and earn the respect from your peers.
