Management By Objectives (MBO)

Set Objectives    Balanced Employee Empowerment

Start With Yourself  >>  7 Questions

Managing For Results

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5 Self-Management Questions

Entrepreneurial Leader

Assess Your Management of Opportunities

Starting from the top of a company, the six stages of Management by Objectives (MBO) are:

❶ Define corporate objectives at board level  >>>

The Tree of Business Success

Competitive Strategies: 2 Types

3 Strategies of Market Leaders

❷ Analyze management tasks and devise formal job specifications, which allocate responsibilities and decisions to individual managers

❸ Set performance standards

❹ Agree and set specific objectives

❺ Align individual targets with corporate objectives

❻ Establish a management information system to monitor achievements against objectives.  >>>

 

Peter Drucker advice

Plans are only good intentions unless they immediately degenerate into hard work.

Peter Drucker

Business Guru