Unit 1 - management by objective MBO.pptx

luckyx612 7 views 9 slides May 07, 2024
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About This Presentation

for teachers and students


Slide Content

Management by Objtecive ( MBO)

Steps / Process of MBO

Characteristic of MBO Mutual Goal Setting Compatibility Measurable Objectives Systematic Continuity Key Result Area

Objectives of MBO To measure and judge performance To relate individual performance to organizational goal To clarify both the job to be done and the expectations of accomplishments To foster the increasing competence and growth of the subordinates To stimulates subordinates motivation

Elements of MBO

How MBO is used in organisations ? To clarify the employee’s job ( planning & organization) To motivate employees As a performance control mechanism to check performance of employees Directly related to all the major functions of management.

Advantage and Disadvantage of MBO S.No Advantages disadvantages 1 Improved managerial performances Difficulty in Goal setting 2 Concentration towards profit Making Time consuming activities 3 Better delegation More paper work 4 Improved communication Pressure on employees 5 Improved morale and sense of purpose Leadership problems 6 Early recognition of development potential Conflict

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