Management Learned Throughout Objectives
Involvement of employees in the whole process of goal setting and increasing employee empowerment which increases employee job satisfaction and commitment
Frequent reviews and interactions between superiors and subordinates help to maintain harmonious relationships within the organization and also to solve many problems
Subordinates have a higher commitment to objectives they set themselves than those imposed on them by another person
Managers can ensure that objectives of the subordinates are linked to the organization's objectives
MBO aims to increase organizational performance by aligning goals and subordinate objectives throughout the organization. MBO includes ongoing tracking and feedback in the process to reach objectives.
The MBO style is appropriate for knowledge-based enterprises when your staff is competent. It is appropriate in situations where you wish to build employees management and self-leadership skills and tap their entrepreneurial creativity, tacit knowledge and initiative.
The principle behind Management by Objectives is to make sure that everybody within the organization has a clear understanding of the aims, or objectives, of that organization, as well as awareness of their own roles and responsibilities in achieving those aims. The complete MBO system is to get managers and empowered employees acting to implement and achieve their plans, which automatically achieve those of the organization.
The essence of MBO is participative goal setting, choosing course of actions and decision making. An important part of the MBO is the measurement and the comparison of the employee’s actual performance with the standards set. Ideally, when employees themselves have been involved with the goal setting and the choosing the course of action to be followed by them, they are more likely to fulfill their responsibilities.
UNIQUE FEATURES AND ADVANTAGES OF MBO[/b][/b]
Clarity of goals
Organizational goals and performance targets
Motivation
Better communication and Coordination
Involvement of employees in the whole process of goal setting and increasing employee empowerment which increases employee job satisfaction and commitment
Frequent reviews and interactions between superiors and subordinates help to maintain harmonious relationships within the organization and also to solve many problems
Subordinates have a higher commitment to objectives they set themselves than those imposed on them by another person
Managers can ensure that objectives of the subordinates are linked to the organization's objectives
MBO aims to increase organizational performance by aligning goals and subordinate objectives throughout the organization. MBO includes ongoing tracking and feedback in the process to reach objectives.
The MBO style is appropriate for knowledge-based enterprises when your staff is competent. It is appropriate in situations where you wish to build employees management and self-leadership skills and tap their entrepreneurial creativity, tacit knowledge and initiative.
The principle behind Management by Objectives is to make sure that everybody within the organization has a clear understanding of the aims, or objectives, of that organization, as well as awareness of their own roles and responsibilities in achieving those aims. The complete MBO system is to get managers and empowered employees acting to implement and achieve their plans, which automatically achieve those of the organization.
The essence of MBO is participative goal setting, choosing course of actions and decision making. An important part of the MBO is the measurement and the comparison of the employee’s actual performance with the standards set. Ideally, when employees themselves have been involved with the goal setting and the choosing the course of action to be followed by them, they are more likely to fulfill their responsibilities.
UNIQUE FEATURES AND ADVANTAGES OF MBO[/b][/b]
Clarity of goals
Organizational goals and performance targets
Motivation
Better communication and Coordination