Business Skills

Manager

Management By Objectives (MBO) & Individual Performance Management

7 Questions To Answer

Peter Drucker advice

Business e-Coach   Tips  

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 By: Peter Drucker    Adapted by personal logo Vadim Kotelnikov Vadim Kotelnikov

   

Management By Objectives (MBO) aims to increase organizational performance by aligning goals and subordinate objectives throughout the organization.

MBO helps also an individual to set his or her personal development goals.

To identify your personal aims, answer the following Seven Questions as best you can:

  1. What are your goals?

  2. What specific objectives must you meet in the next week, month, quarter, year?

  3. How will you measure success towards your goals and what feedback do you have to check your results against your goals?

  4. How will you know that you've achieved your goals?

  5. What do you have to do to achieve your goals?

  6. What performance standards must you reach?

  7. Are you linking your individual goals to those of your company? ... More

Reassess your answers periodically because they may change over time.

  

Peter Drucker advice

Management is doing things right; leadership is doing the right things.

Peter Drucker

Business Guru