Notesale: Turn your study into money

Document Preview

Extracts from the notes are below, to see the PDF you'll receive please use the links above

---

MANAGEMENT BY OBJECTIVE
Management by objective improves the motivation of an employee by setting a specific goal
for their work
...
This process also helps the members of the organization
to see their accomplishments as they achieve each objective
...

The process of management by objective focuses more on results rather than the activities
involved
...
Therefore,
management by objective is a management practice which aims to increase organizational
performance by clearly defining the goals and subordinate objectives of the organization that
are agreed on to both management and employees
...
Define the goals of the organization: Defined organizational goal helps managers and
supervisors to guide employee’s effort in a strategic way and they work to achieve it
...
Define the objectives of the employees: the employees are first informed of the general
objectives, plans and strategies after which the managers proceed to work with and
guide employees in achieving those objectives
...
Continuously monitoring performance and progress: It helps identify mistakes and
errors
...

4
...

5
...

6
...


Advantages of Management By Objective
✓ It forces the manager to simplify the plan and activities for the best results
✓ Employees commit themselves to give their best to realize the set goals
...
If the goals are too hard to achieve, it
decreases employee confidence and motivation
...




---