Management by objectives is not ne w. The concept goes back almost fifty years. Its appeal is its emphasis on converting overall objectives into specific objectives MBO makes objectives operational by cascading them down through the organization and works from the bottom up as well as from the top down. The result is a hierarchy that links objectives at one level to those at the next level. For the individual employee, MBO provides specific personal performance objectives. Top management must be committed to the process for MBO to work. 1. What are the challenges and obstacles to this process? write thee in detail
Management by objectives is not ne w. The concept goes back almost fifty years. Its appeal is its emphasis on converting overall objectives into specific objectives MBO makes objectives operational by cascading them down through the organization and works from the bottom up as well as from the top down. The result is a hierarchy that links objectives at one level to those at the next level. For the individual employee, MBO provides specific personal performance objectives. Top management must be committed to the process for MBO to work. 1. What are the challenges and obstacles to this process? write thee in detail
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Management by objectives is not ne w. The concept goes back almost fifty years. Its appeal is its
emphasis on converting overall objectives into specific objectives MBO makes objectives operational by
cascading them down through the organization and works from the bottom up as well as from
the top
down. The result is a hierarchy that links objectives at one level to those at the next level.
For the
individual employee, MBO provides specific personal performance objectives. Top management must be committed to the process for MBO to work.
1. What are the challenges and obstacles to this process?
write thee in detail
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