Question

The company gets 30% of marginal profit
for every year, but not increasing the salary
of the employees for last three years. The
employees conduct the indefinite strike
against the company. Assume you are the
manager of the company. How to solve the
problem with using MBO or MBE?​

Answer 1

ANSWER :

The company gets 30% of marginal profit for every year, but not increasing the salary of the employees for last three years. The employees conduct the indefinite strike

against the company.

• This issue can be solved by the management, i.e., by the manager by using MBO or MBE.

✠ Solving the problem by using MBO :–

• ✎ We know that, the process of MBO harmonises the goal of an individual working in a organization with the goal of organization. As MBO gives scope to the strength as well as the responsibility to all the individuals, this will help to stop the Indefinite strike conducted by the employees of the compang.

✠ Solving the problem by using MBE :–

• ✎ We know that, by following the process of MBE the management of the of an organization become alerted to various opportunities as well as critical situations or problems can be identified. So, uninformed actions by any individual working in the organization can be avoided. Thus, by using MBE, manager of the company can get solution for the problem and plan to solve it.

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KNOW MORE :

❒ MBO :-

• ➺ The full form of MBO is Management By Objectives.

• ➺ According to George S. Ordiome, "The system of Management By Objectives (MBO) can be described as a process whereby the superior and sub-ordinate managers of an organisation jointly identify its common goals, define each individual’s major areas of responsibility in terms of results expected of him, and use these measures as guides for operating the unit and assessing the contribution of each of its members."

❒ MBE :-

• ➺ The full form of MBE is Management By Exception.

• ➺ According to Frederick Winslow Taylor, "Management By Exception (MBE) is a policy by which management devotes time in investigating only those situations in which actual results differ significantly from planned results."

Answer 2

Solving the problem with using MBO or MBE is written as follows:

• Solving the problem by using MBO:

MBO stands for ‘Management By Objectives’.

We are aware that the MBO process aligns an employee's personal goals with the organizational objectives. The indefinite strike by the company's employees will be put to an end thanks to MBO, which allows each individual room to grow and responsibility.

• Solving the problem by using MBE:

MBE stands for ‘Management By Exception’.

We are aware that by adhering to the MBE process, the management of the firm can identify important situations or difficulties as well as become aware of various chances. So, any employee working for the organization can avoid taking ignorant decisions. As a result, the corporate management can use MBE to find a solution to the issue and build a plan to address it.

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