management by objectives , MBO (Abkürzung)

Management by objectives took this basic scheme and applied it to virtually all significant decisions.

Management by objectives is a well known management technique.

His management by objectives was a goal setting and decision-making tool to help managers at all levels create business value.

Businessmen commonly think in terms of purposeful action as in, for example, management by objectives.

Management by objectives in this context means the keeping of employees by objectives.

He was also a leader in the development of management education, and he invented the concept known as management by objectives.

This evolved into his theory of management by objectives (MBO).

An Agreement on objectives is an instrument of leadership, that goes back to the teaching of Management by objectives.

Drucker called this "the activity trap" and proposed Management by Objectives as a way to avoid it.

Since the publication of Peter Drucker's views on Management by objectives, business decision making has become more goal-oriented.

Management by objectives is generally used to define the output which determines the payment of PLI.

A technique known as 'management by objectives' or MBO.

It has been called the "new public management" which has been described as decentralization, management by objectives, contracting out, competition within government and consumer orientation.

Studying at New York University for his master's and doctoral degrees in business administration, he encountered what was then an obscure academic phrase: "management by objectives."

This concept of management by objectives forms the keynote of his 1954 landmark The Practice of Management.

We are moving towards management by objectives; transparency whereby both staffing, administrative expenditure and substantive expenditure are now exposed in the budget remarks.

For this reason the adoption of economic management systems, such 'management by objectives' and 'cost-benefit analysis', by the public services rapidly found favour.

The value of goal setting is so well recognized that entire management systems, like Management by Objectives, have goal setting basics incorporated within them.

SuccessFactors' Human Capital Management solutions are based on Management by objectives principles.

This means, inter alia, abolishment of the annual or merit rating and of management by objectives (See Ch.

Others maintain that one of Drucker's core concepts-"management by objectives"-is flawed and has never really been proven to work effectively.

Some companies use Management By Objectives (MBOs) to incent employees to meet goals.

Management by objectives, says Wrapp, may work at lower levels of the organization where tasks and accountabilities are well defined, but they don't work at the top.

In the 1960s when the buzz words were "Management by objectives" we had such a blind faith in targets no one was allowed to quote comparisons against last year.

The term "management by objectives" was first popularized by Peter Drucker in his 1954 book The Practice of Management.