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Management By Objectives

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In perspective of Managerial Communication

4/23/12

Presentation by...

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Concept of management by objective

MBO is both philosophy and approach of management. was popularized by PETER DRUCKER in 1954 in his book THE PRACTICE OF MANAGEMENT process refers to the begin with goal setting and performance review.

It

MBO It

involves managers and staff at a every level. 4/23/12

According to pro.KoontZ
MBO

is a comprehensive managerial system that integrates many key managerial activities in a systematic manner, consciously directed towards the effective and efficient achievement of organizational objectives.

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Features of management by objectives


MBO MBO MBO The

is an approach and philosophy and not a technique. is a joint application of principles and techniques. gives importance to objectives. MBO Is concerned with objective setting.

is periodic review of performance. 4/23/12

MBO

Process of management by objectives

.HERE IS THE PROCESS OF 4/23/12 MBO.

Setting of organizational purpose and objectives


It

determine Long Range Strategic objectives like through expansion. of vertical integration.

Growth Degree

setting starts at the top level management and moves downwards to the lowest managerial levels. 4/23/12

Objective

Key result areas [KRA]

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Setting subordinates objectives

The organizational objectives are achieves through individual manager are both superior and subordinate except the person at the top level and lowest level.

Every

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Matching recourses with objectives


Resources

ensure

objective

achievement
A It

manager can see the need of allocating resources should be economical

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Appraisal
Appraisal Appraisal

try to measures the performance of subordinates. is undertaken as an on going process to find out deficiency in the working and remove it.

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Recycling

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Advantages of management by objectives

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Disadvantages

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..Any Questions? ????


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From the bottom of our hearts..


Thank you

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