Download as ppt, pdf, or txt
Download as ppt, pdf, or txt
You are on page 1of 5

MBO { Management By

Objectives }

By-: Pankaj Tiwari


MBA-A(45)
Management by Objectives (MBO)

 Management by Objectives (MBO): This


approach is proposed by Peter Drucker in his
book ‘The Practice of Management’.
 MBO refers to a formal set of procedures that
begins with goal setting and continues through
performance review.
What Is Management by Objectives?

Organizational
Objectives

Divisional
Objectives

Departmental
Objectives

Individual
Objectives
Elements of objectives
 Communication to the program
 Top level goal setting
 Individual goals
 Participation
 Autonomy in implementation of plans
 Performance review
Benefits and failure of MBO
 The benefits are motivate and improve managing
through results-oriented planning.
 Clarify organizational roles , structures and
delegation of authority.
 And the failures are there is a failure to teach
philosophy of MBO.
 Overuse the quantative goals and failures to give the
guidelines to goal setters.

You might also like