(855) 4-ESSAYS

Type a new keyword(s) and press Enter to search

Management by Objectives


             For a media relations officer.
             Write three press releases that result in articles in the Wall Street Journal over the next year.
             For anyone.
             Participate in at least two self-improvement courses approved by my supervisor in the next year.
             An effective MBO program has five steps: .
             1) The program should be accepted and understood by all top managers and managers, because it is their mission to train their subordinates through this program.
             2) Preliminary goals should be established so that the program can be run. These are the company's mission and strategy.
             3) A) The managers explain their employees the firm's targets and ask them how they can contribute to accomplishing them.
             B) Every manager meets individually with an employee and they establish together goals for the employee himself. These goals should have a time limit as far as their completion is concerned. .
             C) The manager and the employee decide what resources exactly will the employee need while trying to accomplish his target.
             4) During the period of accomplishing the mission the employee meets with the manager in order to see the progress and make some corrections to it always with the approval of the manager.
             5) The final step of MBO is the evaluation. The managers evaluate every employer's goals and which of them have been met. Accordingly to their success, and to the size of the company and the company's reward strategy, employees get rewarded.
             MBO manages to make employees to be active in the firm they work for as far as decision making is concerned, and helps to improve communication among top managers and employees. What is really important about MBO is that it makes employees feel important inside the firm and as a result they become more and more self-confident. Apart from these "good- issues that MBO offers, there are some difficulties on implementing it because all goals should be quantifiable, meaning that from the beginning goals should be established clearly and the results should not be different from what it had been predicted.


Essays Related to Management by Objectives

1. Management by Objectives

Management by objectives- is a management approach that uses organizational objectives as the primary means of managing organizations. ... Review organizational objectives- The manager gains a clear understanding of the organizations overall objectives. 2. ... If management sets goals that are inappropriate to the individual employees the process will have the opposite effect and productivity will go down... - Management and subordinates must come together and agree on that the objectives set for individuals. ... - Management must reward employees accordingly, based on performance and ho...

  • Word Count: 564
  • Approx Pages: 2

2. Project Management

But they have the same objective: achieve the project's goals and complete the project within time, cost and quality. ... The process of managing project also can be called as the people management process. ... It is hoped that the research can be used, as a guide for them to develop the soft skills needed to be an effective and efficient project manager. 1.4 OBJECTIVE OF RESEARCH The objectives of this research are: (a) To identify the project manager's role, duty and responsibility in a project, and their relationship to soft skills. ... (b) The ways of developing project...

  • Word Count: 13037
  • Approx Pages: 52
  • Has Bibliography
  • Grade Level: Undergraduate

3. Elements of Human Research Management

ELEMENTS OF MANAGEMENT Human resource management consists of four core elements that contribute to the achievement of desired organizational objective's and goals and effectiveness of management in a workforce. ... BEHAVIOR HUMAN RESOURCE MANAGEMENT The behavioral element of human resource management is the discipline of psychology. ... A set of desired behaviors that contribute to organizational effectiveness can include taking responsibility of another employees work by completing their tasks, willingness to learn, being flexible and conducting oneself in ways that are consistent with a...

  • Word Count: 473
  • Approx Pages: 2
  • Grade Level: Graduate

4. Qualitative Risk Analysis and Management

The methods of qualitative risk analysis are applied to the list of risks created or updated by the Identify Risks process to provide project management with the characteristics of the risks that have the most influence (positive or negative) on achieving the project's objectives. (Project Management Institute, 2009). ... The risk management system assesses each identified risk for its probability of occurrence and its impact on project objectives. ... Every risk management system requires risk response planning. ... Risk Control & Monitoring will also be the part of risk management syste...

  • Word Count: 694
  • Approx Pages: 3
  • Grade Level: Undergraduate

5. Improving Performance Management and Output

1.5 Aim To analyse and evaluate how the results from studying performance management in Damus Building Solutions can be beneficial. 1.6 Objectives 1. ... Goodale (1997) states that "performance management supports two objectives: 1) to evaluate the past and 2) to plan the future ". ... Diagram 2.0 Similarly, research carried out by MacMillan (2014) states "The primary reason to make sure performance management processes are functioning properly is to tighten the link between strategic business objectives and day-to-day actions ". ... Performance management acts as a catalyst for improvin...

  • Word Count: 2119
  • Approx Pages: 8
  • Grade Level: Undergraduate

6. Role of Human Ressurces Management

In today's ever-changing business world, Human Resource management is an integral part of a company's success or failure. ... In my opinion, Human Resource Management in general is to ensure that a company's human capital contributes to the accomplishment of its business objectives or practically changing and implementing a sequence of internal HR policies to ensure effective contribution from a company's human capital to the achievement of business objectives. ... The current ideas of HR management have their ancestry in early 20th century theoretical and New Age innovat...

  • Word Count: 732
  • Approx Pages: 3
  • Grade Level: Undergraduate

7. Classical Management Theory

(Stanley, 2006) Taylor and Scientific Management Taylor's Scientific Management Theory is primary aiming at improving management practice in the pursuit of profit or ˜surplus'. ... Firstly, planning indicates that managers need to be a good planner, that is, to see the future of organization, and make appropriate action plans to make the objectives achievable. ... Third, commanding means managers should concern the supervision of employees and constantly inspiring them to put forth unified effort in order to achieve the organizational objectives. ... (Meiksins, 1984) Utility...

  • Word Count: 1391
  • Approx Pages: 6
  • Has Bibliography
  • Grade Level: Undergraduate

8. Human Resource Management

Human Resource Management is taking on a consultative role to management within organizations. ... Establish objective measures to monitor applicant pool in the recruitment process, this enables employers to identify how many candidates were female or minorities. 3. Train recruiters so they use only fair objectives and job related criteria. 4. ... It is critical to the success of human resource management. Employee benefits were once thought to be relatively minor in Human Resource Management, but is now seen as a major contributio...

  • Word Count: 840
  • Approx Pages: 3
  • Has Bibliography
  • Grade Level: Undergraduate

Got a writing question? Ask our professional writer!
Submit My Question