A major application for Management by Objectives is setting measurable goals that can be reached in a certain time frame. This helps management to be able to evaluate the talents of individuals and match them to the needs of the organization (Ford, 1980). Employees are set with established feedback times to be evaluated. During this time an employee’s development is discussed and any necessary adjustment to goals are established. This helps to keep all employees better informed and will create more job satisfaction (Drucker, 2001). Every Employee will have input in the goal setting process. This is very effective in building employee recognition. An employee that is involved in the goals that are set would be more exci...
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...d keeps it fresh on the mind for employees.
Drucker's development of the 'strategy-focused' organization. (2001). Corporate University Review, 9(1), 6. Retrieved from the Business Source Complete database
Ford, R., McLaughlin, F., & Nixdorf, J. (1980). Ten questions about MBO. California Management Review, 23(2), 88–94. Retrieved from the Business Source Complete database
Knowledge Management. Harvard Business School Press, 1998. pp. 1-19.
Nadler, R.S. (1998) Teamwork is an Unnatural Act, PIHRA Scope, June, Vol.XLXI, No.6
Peter F. Drucker. “The Coming of the New Organization” in Harvard Business Review
Quigley, P. (1993). Can management by objectives be compatible with quality? Industrial Engineering, 25(7), 14. Retrieved from the Business Source Complete database
Weihrich, Heinz. "A New Approach to MBO." Management World. January 2003.
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