Understanding Management
11th Edition
ISBN: 9780357033821
Author: Richard Daft
Publisher: South Western Educational Publishing
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Question
Chapter 5, Problem 2DQ
Summary Introduction
To determine:
Whether there is a flaw in the technicality of the method or in the way managers apply it in a business context.
Introduction:
Management by Objectives is construed on the basis that if employees are involved in setting objectives/goals within the business and setting standards in terms of measuring performance of achieving that goal, then the employee will be motivated to work better and thus contributes directly to the achievement in objectives of the business.
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The MBO technique has been criticized for putting too much emphasis on achieving goals (ends) and not enough on the methods people use to achieve them (means).
Discuss if it is/isn't a flaw in the technique or how managers apply it.
How might a balanced emphasis on ends and means be achieved?
SHORT ANSWER
If you were a business owner, which of these goals might you be able to accomplish using the framework of Theory Z or Theories X and Y? Could you use Theory Z to work on one goal and use Theories X and Y to work on another goal, thereby accomplishing two goals with these theories by using a different approach on each of the two goals?
Goal 1: Improve quality of a product or service.
Goal 2: Improve employee collaboration.
Goal 3: Foster decision making skills in the workforce.
Goal 4: Develop and maintain a successful workforce in a global environment.
Goal 5: Develop strong leadership in the work place.
Goal 6: Foster adherence to organizational values, ethics, and professional responsibility.
Discuss the importance of setting SMART goals in the Management by Objectives (MBO) process...
Chapter 5 Solutions
Understanding Management
Ch. 5 - Prob. 1DQCh. 5 - Prob. 2DQCh. 5 - Prob. 3DQCh. 5 - Assume that Southern University decides to do two...Ch. 5 - Prob. 5DQCh. 5 - Prob. 6DQCh. 5 - Prob. 7DQCh. 5 - Prob. 8DQCh. 5 - Prob. 9DQCh. 5 - Prob. 10DQ
Ch. 5 - Prob. 1AYSSLCh. 5 - Prob. 1AYSGLCh. 5 - Prob. 1AYSALCh. 5 - Prob. 2AYSALCh. 5 - Prob. 3AYSALCh. 5 - Prob. 4AYSALCh. 5 - Prob. 5AYSALCh. 5 - When the idea first occurred to her, it seemed...Ch. 5 - Prob. 2AYSEDCh. 5 - Prob. 3AYSEDCh. 5 - Prob. 1AYSCFCACh. 5 - Prob. 2AYSCFCACh. 5 - Prob. 3AYSCFCA
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Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, management and related others by exploring similar questions and additional content below.Similar questions
- What is the process where managers establish goals and outline how these goals will be met called?arrow_forwardAnalyze the consequences of using traditional goals setting vs management by objectives with the help of an examplearrow_forwardManagement by objectives is a joint goal setting process . In the light of this statement explain the importance of management by objectives .arrow_forward
- Describe a situation where you overcame an obstacle to achieve a goal. it coukd be at work or any place. What techniques did you develop to help you overcome this obstacle?arrow_forwardHow to prepare a goal setting and objective in the front office?arrow_forwardWhen does goal setting fail, and when does it succeed?arrow_forward
- why does lack of commitment, and focusing on the result more than the goals makes it more difficult to achieve our goal?arrow_forwardWhat are the benefits of setting SMART objectives? Can you share an example please?arrow_forwardThe MBO technique putting too much emphasize on achieving goals (ends) and not enough on the methods that people use to achieve (means)." Discuss. Do you agree or disagree? Why?arrow_forward
- enumerate the importance of setting SMART goals in the Management by Objectives (MBO) process.arrow_forwardEffective planning is not only about setting objectives and timelines but also about understanding the resources and constraints involved. It's a process that can make a significant difference in the outcome of any endeavor. How can individuals or organizations prioritize their tasks when there are multiple objectives to achieve, each with its own level of importance?arrow_forward'Is Management concerned only with doing the right task, completing activities and achieving goals without taking into consideration the cost benefit’? Give a reason in support of your answer?arrow_forward
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