Question

According to... Management By Objectives' is not only a technique of Management, but it is a philosophy
of managing
Options
O EW.Taylor
O Henry Fayol
O Peter Druker
Elton Mavo​

Answer 1

Management by objectives today is not just a philosophy of management. Rather, it has evolved and developed as a system of managing that integrates a group of processes such as planning, implementation, performance measurement and feedback, strategic planning, change management, and so forth.

Answer 2

According to Peter Druker, Management By Objectives' is not only a technique of Management, but it is a philosophy of managing.

Management by objectives (MBO):

Management by objectives (MBO) is a strategic approach that tries to enhance an organization's performance by clearly identifying objectives that both management and employees concur on.

The Origins of Management by Objectives (MBO):

• The concept of management by objectives (MBO), initially proposed by Peter Drucker and later expanded by his student George Odiorne, was popular in the 1960s as well as the 1970s.
• Drucker highlighted a number of criteria for the manager of the future in his 1954 book "The Practice of Management."
• The fact that he or she "should manage by objectives" was also at the number one spot.
• According to John Tarrant, Drucker's biographer, Drucker allegedly stated that he first heard that saying MBO used among Alfred Sloan, author of the classic "My Years at General Motors."