Management Concepts & Organisational Behaviour - MANAGEMENT BY OBJECTIVES
Advantages of MBO
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An organization can benefit in the following ways by implementing MBO.
Advantages of MBO
An organization can benefit in the following ways by implementing MBO.
1. Accomplishes consistency in objectives as each department’s objectives are consistent with the organizational objectives, the possibility for the various departments working at cross purposes is very less.
2. Contributes for effective management
by providing lot of clarity in the objectives and the organisation that is
necessary to achieve them;
3. Forces the management to plan the activities in a
systematic way.
4. Facilitates objective performance
appraisal. As the goals themselves become the standards against which the
actual performance is measured, MBO system itself acts as an effective
performance appraisal tool.
5. Contributes for the installation
of a democratic and participative setup essential for the success of an
organisation in a complex business environment of today. The interaction that
takes place between the superiors and subordinates is a good sign of human
resource development in the organisation.
An organization can benefit in the following ways by implementing MBO.
1. Accomplishes consistency in objectives as each department’s objectives are consistent with the organizational objectives, the possibility for the various departments working at cross purposes is very less.
Tags : Management Concepts & Organisational Behaviour - MANAGEMENT BY OBJECTIVES
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