Wednesday, August 28, 2019
Describe how Management By Objective (MBO) can provide better Essay
Describe how Management By Objective (MBO) can provide better efficiency in setting, planning and accomplishing organizational goals - Essay Example The management by objective is a technique that is applied which is based on set objectives that are achievable by the company, the divisions and the employees. These objectives then are considered as a measurable contribution of the individuals in the company to the success in the achievement and completion of the goals of the whole organization (Drucker 121-30). Due to the fact that MBO is based on the aim to be a measurable management technique, the activities and job assignments are then gauged in measurable and numerable quantities. The number of activities done constitutes an important role in the assessment of performance of the employees. For that matter, the quantity of work done can be incorporated to the type and quality of activity that is undertaken (Drucker 121-30). The application of MBO can be on the different levels of the organizational system, thus, covering different forms of activities. Included in such activities are human resources, maintenance services, research and development, sales, finance and most importantly production. The said management technique became widely known as the setting up of quotas in different types of jobs and organizational roles. When the said term is heard, the vision of numerable work values is perceived (Deming 24, 54; Drucker 121-30). The MBO is focused on the establishment of specified objectives that can be achieved through the course of operation. In addition, the quality of the work undertaken in the process of achievement of such goals is also given high regard. The acknowledgement of the division or individual employee with the most commendable performance is practiced for motivation in the said system (Garrison and Raynes 121). There are different of advantages that can be associated with the MBO, thus, it is considered as one of the management techniques commonly applied.
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