|
| |
Management By Objectives, or MBO, is a management technique centered around participative goal setting. Goals are agreed between each individual in a team and the team manager. Each individual's performance is latter evaluated using the same goals. Where Management By Objectives is adopted by an organization there is an effort to align the goals from executive management to middle management and from middle management to teams. As such, it is considered a tool of strategy implementation. It is also considered a communication and performance management tool that sets expectations in a participative and clear fashion.
Many organizations require that goals be SMART or specific, measurable, achievable, relevant and time-bound. |
| Function | Management strategyPerformance managementGoal setting | | Value | Strategy implementationEmployee engagement | | Common Pitfalls | Where goals are required to be SMART, a number of problems are common such as setting target dates for goals that aren't maintained in MBO documentation when prioritizes change and dependencies fail. |
Goals
This is the complete list of articles we have written about goals.
If you enjoyed this page, please consider bookmarking Simplicable.
TrendingThe most popular articles on Simplicable in the past day.
Recent posts or updates on Simplicable.
Site Map
© 2010-2023 Simplicable. All Rights Reserved. Reproduction of materials found on this site, in any form, without explicit permission is prohibited.
View credits & copyrights or citation information for this page.
|
