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Modern Management: concepts and skills, 14/e
book

Modern Management: concepts and skills, 14/e

by Samuel C. Certo, S. Trevis Certo
December 2014
Beginner content levelBeginner
480 pages
118h 48m
English
Pearson
Content preview from Modern Management: concepts and skills, 14/e

Management by Objectives (MBO)

Some managers regard organizational objectives as such an important and fundamental part of management that they use a management approach based exclusively on objectives. This approach, called management by objectives (MBO), was popularized mainly through the writings of Peter Drucker. Although mostly discussed in the context of profit-oriented companies, MBO is also a valuable management tool for nonprofit organizations such as libraries and community clubs. The MBO strategy has three basic parts:37

  1. All individuals within an organization are assigned a specific set of objectives that they try to reach during a normal operating period. These objectives are mutually set and agreed upon by individuals and their ...

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Publisher Resources

ISBN: 9780134729138