Management by Objectives (Mbo) in Enterprises

Management by Objectives (Mbo) in Enterprises
Author: Wazir Ali Khan
Publisher:
Total Pages: 140
Release: 2018-12-21
Genre:
ISBN: 9781791670559

The book consists of 11 chapters. Chapter 1 consists of introduction. Chapter 2 consists of 'Towards Understanding 'MBO' and include: Introduction; What Is 'MBO'? Concepts Of 'MBO'; Unique Features And Advantages Of 'MBO'; Levels And Domains Of MBO; Practical Consideration Of MBO; Limitations Of MBO; Arguments Against MBO; Concluding Remarks. Chapter 3 consists of 'Towards Understanding 'MBO' Process' and include: Introduction; Peter Drucker's Five-Step Process For 'MBO'; and Essential Elements Of 'MBO' Model. Chapter 4 consists of 'Theory, Principles And Process For Goals Setting' and include: Introduction; Developments In Goal Setting Theory; Deriving Goal Setting Using Temporal Motivation Theory; Limitations Of Goal Setting Theory; Selection Of Objectives; Selection Of Objectives; Guidelines For Developing Goals/Objectives; Goal Setting In Business; Relationship Of Goal-Performance; Relationship Of Employee Motivation With Goal Setting; Impact Of Feedback On Goal Setting; and Goal Setting Process. Chapter 5 consists of 'Development of Organizational Goals and Objectives' and include: Introduction; Management Objectives; Performance Objectives; and Concluding Remarks.Chapter 6 consists of 'Performance Appraisal And Feedback' and include: Introduction; Verifiable Measures; Result-Oriented Performance; Self-Control; Performance Feedback; and Continuous Feedback. Chapter 7 consists of 'Evolution Of MBO: From MBO To Balanced Scorecard' and include: Introduction; Timeline Of Evolution Of Management By Objectives; Fifty (50) Years Appraisal Of MBO; and Concluding Remarks. Chapter 8 consists of 'Other Management Systems Closely Related To MBO' and include: Management By Participation (MBP); Management By Feedback (MBF); Management By Walking Around (MBWA); Theory Z; and Management By Exception (MBE). Chapter 9 consists of 'MBO And Strategic Management' and include: Introduction; Management By Objectives (MBO) As A Management Tool; and Concluding Remarks. Chapter 10 consists of 'Some Road Blocks Encountered In 'MBO' System'. Chapter 11 consists of Summary and Conclusion. The book is supported with bibliography.

Management by Missions

Management by Missions
Author: Pablo Cardona
Publisher: Springer Nature
Total Pages: 173
Release: 2022-01-01
Genre: Business & Economics
ISBN: 3030837807

​A few decades ago, management thinking started to embrace the idea of purpose. The first edition of this book marked an important step in this trajectory; it drew attention to the need for managers to relate the concepts of ‘purpose’ and ‘missions’ to strategy, culture and leadership. In the years since, purpose and missions have become business imperatives – not only in terms of remaining competitive but as core in the attempts to have a sustainable impact on the world. The second edition of Management by Missions is an open access book based on substantially more research carried out over fifteen years, involving more than 200 organizations around the world. All of this research supports that the practical models and ideas offered in the book have been tried and tested and actually work in practice. With case studies, anecdote and new research findings, the authors present the main tools of the MBM method (shared missions, missions scorecards, interdependency matrix, missions-based objectives and integral assessment) and the type of leadership needed to implement it. The ideas presented in this book mark a path towards a new management methodology for the XXI century and a new way of understanding the work that managers do.

The Practice of Management

The Practice of Management
Author: Peter Drucker
Publisher: Routledge
Total Pages: 371
Release: 2012-07-26
Genre: Business & Economics
ISBN: 1136356215

This classic volume achieves a remarkable width of appeal without sacrificing scientific accuracy or depth of analysis. It is a valuable contribution to the study of business efficiency which should be read by anyone wanting information about the developments and place of management, and it is as relevant today as when it was first written. This is a practical book, written out of many years of experience in working with managements of small, medium and large corporations. It aims to be a management guide, enabling readers to examine their own work and performance, to diagnose their weaknesses and to improve their own effectiveness as well as the results of the enterprise they are responsible for.

Measure What Matters

Measure What Matters
Author: John Doerr
Publisher: Penguin
Total Pages: 322
Release: 2018-04-24
Genre: Business & Economics
ISBN: 052553623X

#1 New York Times Bestseller Legendary venture capitalist John Doerr reveals how the goal-setting system of Objectives and Key Results (OKRs) has helped tech giants from Intel to Google achieve explosive growth—and how it can help any organization thrive. In the fall of 1999, John Doerr met with the founders of a start-up whom he'd just given $12.5 million, the biggest investment of his career. Larry Page and Sergey Brin had amazing technology, entrepreneurial energy, and sky-high ambitions, but no real business plan. For Google to change the world (or even to survive), Page and Brin had to learn how to make tough choices on priorities while keeping their team on track. They'd have to know when to pull the plug on losing propositions, to fail fast. And they needed timely, relevant data to track their progress—to measure what mattered. Doerr taught them about a proven approach to operating excellence: Objectives and Key Results. He had first discovered OKRs in the 1970s as an engineer at Intel, where the legendary Andy Grove ("the greatest manager of his or any era") drove the best-run company Doerr had ever seen. Later, as a venture capitalist, Doerr shared Grove's brainchild with more than fifty companies. Wherever the process was faithfully practiced, it worked. In this goal-setting system, objectives define what we seek to achieve; key results are how those top-priority goals will be attained with specific, measurable actions within a set time frame. Everyone's goals, from entry level to CEO, are transparent to the entire organization. The benefits are profound. OKRs surface an organization's most important work. They focus effort and foster coordination. They keep employees on track. They link objectives across silos to unify and strengthen the entire company. Along the way, OKRs enhance workplace satisfaction and boost retention. In Measure What Matters, Doerr shares a broad range of first-person, behind-the-scenes case studies, with narrators including Bono and Bill Gates, to demonstrate the focus, agility, and explosive growth that OKRs have spurred at so many great organizations. This book will help a new generation of leaders capture the same magic.

Good Strategy Bad Strategy

Good Strategy Bad Strategy
Author: Richard Rumelt
Publisher: Currency
Total Pages: 338
Release: 2011-07-19
Genre: Business & Economics
ISBN: 0307886239

Good Strategy/Bad Strategy clarifies the muddled thinking underlying too many strategies and provides a clear way to create and implement a powerful action-oriented strategy for the real world. Developing and implementing a strategy is the central task of a leader. A good strategy is a specific and coherent response to—and approach for—overcoming the obstacles to progress. A good strategy works by harnessing and applying power where it will have the greatest effect. Yet, Rumelt shows that there has been a growing and unfortunate tendency to equate Mom-and-apple-pie values, fluffy packages of buzzwords, motivational slogans, and financial goals with “strategy.” In Good Strategy/Bad Strategy, he debunks these elements of “bad strategy” and awakens an understanding of the power of a “good strategy.” He introduces nine sources of power—ranging from using leverage to effectively focusing on growth—that are eye-opening yet pragmatic tools that can easily be put to work on Monday morning, and uses fascinating examples from business, nonprofit, and military affairs to bring its original and pragmatic ideas to life. The detailed examples range from Apple to General Motors, from the two Iraq wars to Afghanistan, from a small local market to Wal-Mart, from Nvidia to Silicon Graphics, from the Getty Trust to the Los Angeles Unified School District, from Cisco Systems to Paccar, and from Global Crossing to the 2007–08 financial crisis. Reflecting an astonishing grasp and integration of economics, finance, technology, history, and the brilliance and foibles of the human character, Good Strategy/Bad Strategy stems from Rumelt’s decades of digging beyond the superficial to address hard questions with honesty and integrity.

The Oxford Handbook of Management

The Oxford Handbook of Management
Author: Adrian Wilkinson
Publisher: Oxford University Press
Total Pages: 595
Release: 2017
Genre: Business & Economics
ISBN: 0198708610

Management, the pursuit of objectives through the organization and co-ordination of people, has been and is a core feature-and function-of modern society. Some 'classic' forms of corporate and bureaucratic management may be seen as the prevalent form of organization and organizing in the 20th century, but in the post-Fordist, global, knowledge-driven contemporary world we are seeing different patterns, principles, and styles of management as old models are questioned. The functions, ideologies, practices, and theories of management have changed over time, as recorded by many scholars, and may vary according to different models of organization, and between different cultures and societies. Whilst the administrative, corporate, or factory manager may be a figure on the wane, management as an ethos, organizing principle, culture, and field of academic teaching and research has increased dramatically in the last half century, and spread throughout the world. The purpose of this Handbook is to analyse and explore the evolution of management; the core functions and how they may have changed; its position in the culture/zeitgeist of modern society; the institutions and ideologies that support it; and likely challenges and changes in the future. This book looks at what management is, and how this may change over time. It provides an overview of management - its history, development, context, changing function in organization and society, key elements and functions, and contemporary and future challenges.

Introduction to Business

Introduction to Business
Author: Lawrence J. Gitman
Publisher:
Total Pages: 1455
Release: 2024-09-16
Genre: Business & Economics
ISBN:

Introduction to Business covers the scope and sequence of most introductory business courses. The book provides detailed explanations in the context of core themes such as customer satisfaction, ethics, entrepreneurship, global business, and managing change. Introduction to Business includes hundreds of current business examples from a range of industries and geographic locations, which feature a variety of individuals. The outcome is a balanced approach to the theory and application of business concepts, with attention to the knowledge and skills necessary for student success in this course and beyond. This is an adaptation of Introduction to Business by OpenStax. You can access the textbook as pdf for free at openstax.org. Minor editorial changes were made to ensure a better ebook reading experience. Textbook content produced by OpenStax is licensed under a Creative Commons Attribution 4.0 International License.

Management and Entrepreneurship

Management and Entrepreneurship
Author: Veerabhadrappa Havinal
Publisher: New Age International
Total Pages: 23
Release: 2009
Genre: Entrepreneurship
ISBN: 8122426026

About the Book: Of late, academicians of technical education have felt the importance of ''Management'' and ''Entrepreneurship''. Engineers need to manage their departments/sections/subordinates, and Entrepreneurship helps the large pool of technical manpower in developing small-scale industries in high tech areas thereby contributing to the economy of the country. This book covers both 'Management' and 'Entrepreneurship'. The first chapters of this book deal with Management, Planning, Organizing and Staffing, Directing and Controlling. The last four chapters deal with Entrepreneurship, Small-Scale Industries, Institutional support and Project formulation. Adequate number of simple examples with which the students are familiar are included in each chapter. In addition, each chapter contains student learning activities to give the readers a chance to enhance the learning process. Though the book is written keeping in mind the syllabus of Visvesvaraya Technological University, yet it is useful for B.Com, BBM, DBM, . PGDBM and MBA students also. Contents: Management Planning Organizing and Staffing Directing and Controlling Entrepreneurship Small-Scale Industries Institutional Support Preparation of Project.