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  • Mbo 1

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    shubhbal
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    MBO is a collaborative process where managers and employees set mutually agreed upon goals, define responsibilities, and evaluate performance. It involves four steps: 1) top managers formulate goals while middle managers set goals with direct reports; 2) action planning determines how goals will be achieved; 3) implementation allows managers flexibility in achieving plans; 4) reviewing performance and removing obstacles. MBO focuses efforts on objectives and resources, fosters participation to encourage commitment, and provides a systematic way to measure contributions. Limitations include lack of commitment from top management and difficulty setting goals for all jobs and areas.

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    mbo 1

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    MBO is a collaborative process where managers and employees set mutually agreed upon goals, define responsibilities, and evaluate performance. It involves four steps: 1) top managers formulate goals while middle managers set goals with direct reports; 2) action planning determines how goals will be achieved; 3) implementation allows managers flexibility in achieving plans; 4) reviewing performance and removing obstacles. MBO focuses efforts on objectives and resources, fosters participation to encourage commitment, and provides a systematic way to measure contributions. Limitations include lack of commitment from top management and difficulty setting goals for all jobs and areas.

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    Attribution Non-Commercial (BY-NC)
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    86 views11 pages

    Mbo 1

    Uploaded by

    shubhbal
    MBO is a collaborative process where managers and employees set mutually agreed upon goals, define responsibilities, and evaluate performance. It involves four steps: 1) top managers formulate goals while middle managers set goals with direct reports; 2) action planning determines how goals will be achieved; 3) implementation allows managers flexibility in achieving plans; 4) reviewing performance and removing obstacles. MBO focuses efforts on objectives and resources, fosters participation to encourage commitment, and provides a systematic way to measure contributions. Limitations include lack of commitment from top management and difficulty setting goals for all jobs and areas.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
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    of 11

    c 

    Management By
    Objectives
    u  
    ` MBO is ͞A collaborative process in
    which managers and employees set
    mutually agreeable goals, define the
    responsibility for results, and
    determine the means of evaluating
    individual and group performance͟
      
      
    
    ` he first step
    ` op managers formulate the overall
    organizational goals
    ` Middle managers work with first
    line managers to set goals
    ` his strengthens organization͛s
    overall goals, and commitment.

    
    ` he second step
    ` During action planning, managers
    decide on the ͞who, what, when,
    where, and how͟ details
    ` needed to achieve each objective.
    6cc
    ` he third step is implementing
    ` to control their performance
    managers must be allowed to
    implement their plans in their own
    way.
    ` Element of self control
    ë  c
    ` wast step in MBO
    ` managers review the performance
    of the people they supervise
    ` evaluate the plans to achieve
    individual and group goals
    ` discuss how can these obstacles be
    removed.

    
    § 
    ` MBO is an approach and philosophy to
    management and not merely a technique.
    ` MBO is bound to have some relationship with
    every management technique.
    ` MBO emphasis on objectives. MBO tries to
    match objectives and resources.
    ` „   
     
       
     
    §requent reviews and interactions between
    superiors and subordinates helps to maintain
    harmonious relationships within the enterprise
    and also solve many problems faced during the
    period.
    
    ` Ability to focus management and
    employee attention on specific activities
    that directly influence performance and
    goal attainment.
    ` MBO process foster participation, which
    can encourage stronger commitment and
    motivation.
    ` It provides an unbiased and systematic
    way to measure the contribution of
    managers and employees.
    wc
    ` uithout the consistent involvement and
    commitment from top management, an MBO
    program can͛t prove to be effective.
    ` he difficulty of setting specific MBO goals for
    particular jobs and areas of performance.
    ` MBO program may overemphasize to maintain
    short term goals and performance ,
    postponing or ignoring activities needed to
    maintain long term organizational health.
     

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