June 2011
Intermediate to advanced
378 pages
14h 11m
English
Content preview from Performance Management Systems and StrategiesBecome an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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STEPS FOLLOWED IN MBO IMPLEMENTATION
From our foregoing discussions, it is clear that MBO embeds in the organization-wide goal setting and appraisal processes. To implement MBO, we need to follow certain steps as under:
- Decide the organizational goals based on the organization-wide plan.
- Cascade the organizational goal to departmental goals.
- Discuss and allocate departmental goals.
- Define expected results.
- Review the performance and measure the results.
- Provide feedback.
Wal-Mart, using the extensive participative approach, that is, involving people in the goal setting process, manages the performances of their associates using MBO.
Assessment Centre Method
An assessment centre approach of performance appraisal evaluates the behaviour of people ...
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.