Concept paper

Concept paper - Hilliard Alex Hilliard Joy Palmer English...

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Hilliard Alex Hilliard Joy Palmer English 101-047 11-16-09 Management by Objectives Management by objectives, also known as MBO, is a process of agreeing upon objectives within an organization so that the management and employees are clear to the objectives and understand what they are and where they stand in an organization. It also accentuates competitive goals that are set flexibly, correctly, and perceptively. The idea behind Management by Objectives is to help get empowered employees who have clarity of their roles and responsibilities, understand their objectives to be accomplished and therefore help in the achievement of their goals. MBO works by developing a hierarchy in which goals are spread out and descend downward throughout an organization. To accomplish MBO, an individual in a company has to be willing and optimistic about their own goals they have to reach. Each level in an organization has specific objectives to succeed: from each division, then to each department, then lastly to each individual within a department. Then of course there are people that think Management by Objectives lacks knowledge of what each person is supposed to be doing and results in confusion of objectives. It has already stated what MBO is, what it needs to succeed, and how it works, the rest of this essay is going to tell you about some factors that are involved in Management by Objectives, misdirection, and management by self-control. The graph below provides a visual of how MBO operates.
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Hilliard A few very important aspects of MBO are better communication and coordination, motivation through employees, and clarity of goals. Constant reviews and interactions between employees higher up in a company and their subordinates can help maintain balanced relationships within the business and may also solve any concerns that may arise. Motivating employees to feel more entitlement is important because if an employee does feel that sense of being more empowered than another employee, then commitment of the job and job satisfaction will go up immensely. For Management by Objectives, dealing with clarity of rules, you have to stick to the idea of smart goals. In other words, goals that are s pecific, m easurable, capable of being a chieved, r elevant to what needs to be done, and t ime connected. Some enterprises even use pay bonuses to make sure that objectives or goals are reached. There are a few different theories that go along with MBO. They are the goal-setting theory, the self-efficacy theory, reinforcement theory, and the equity theory. The goal-setting theory and the self-efficacy theory are not opposed against each other, they actually are each other’s counterpart and reinforcement theory contradicts the goal-setting theory. In
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Concept paper - Hilliard Alex Hilliard Joy Palmer English...

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