Post a Comment. See full list of Project Topics under your Department Here! A hypothesis is a description of a pattern in nature or an explanation about some real-world phenomenon that can be tested through observ Home Hire a Writer Testimonies. No comments. The main aim of this study is to examine Management by Objectives as an instrument for organizational performance with focus on First Bank of Nigeria Plc. Management by Objectives is a way of getting improved results in managerial method, whereby the superior and the subordinate managers in an organization identifies major areas of responsibility, in which they will work, set some standards for good or bad performance and the measurement of results against those standards Derek
Ease your MBA workload and get more time for yourself. Management By Objectives. He addressed the limitations of MBO as a process and suggested solutions for coping with the problems MBO programs present. He also outlined group goal setting and shared compensation on the relative success with which the group goals are achieved along with regular appraisals of the manager by subordinates.
An effective management goes a long way in extracting the best out of employees and make them work as a single unit towards a common goal. The process of setting objectives in the organization to give a sense of direction to the employees is called as Management by Objectives. It refers to the process of setting goals for the employees so that they know what they are supposed to do at the workplace.