Question

WHAT IS MBO? features of mbo​

Answer 1

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MBO is an approach to planning that aims to overcome barriers that might stop an organization from achieving its objectives.

Other features of MBO include good subordinate participation, joint goal setting, support and encouragement from top level manager to subordinates.

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Answer 2

Answer:

MBOs as an approach to get the management and employees to jointly set goals to achieve known as objectives. The main purpose for setting objectives was to give both the managers and employees a clear understanding of what they were expected to do in the organization in order to achieve the objectives set. The objectives were set during certain time periods which at the end of the period to evaluative performances are carried out to determine the extent to which the set objectives had been achieved. An example of an objective includes attaining a sales or profit target by the end of a financial year.

In the modern world of business where gaining competitive over competitors has became one of the main goals by organization, Management by Objective has become one of the most widely accepted philosophy of management. One of the factors that has made MBO the most acceptable management approach is its demanding and rewarding styles of management. MBO further received recognition when it becomes an integral part of “The HP way”. Hewlett-Packard incorporated this management technique at every level within the company; managers had to develop objectives and integrate them with those of other mangers and of the company as a whole. This approach focuses attention on the achievement of objectives through involvement of the concerned parties. For example trough building strong team spirit as MBO is mainly based on the assumption that people achieve more when they know what is expected of them and can relate their personal goals to organizational objectives. Other features of MBO include good subordinate participation, joint goal setting, support and encouragement from top level manager to subordinates.

1. goal-oriented. This means that