Mbo in Microsoft
| Yes! You are in the right place! | | This site is Ranked Top 5 by Google for"Management by Objectives"out of about 11-million-wide (!!!) competition! | | "MBO is one of the rational school of management's successful products." – The Economist | |
8 Key Result Areas Where Managers Must Pursue Clear Objectives | * Marketing * Innovation * Human organization * Financial resources * Physical resources * Productivity * Social responsibility * Profit requirements |
Management by Objectives (MBO) Principles | * Cascading of organizational vision, goals and objectives * Specific objectives for each member * Participative decision making * Explicit time period * Performance evaluation and feedback | | The Two Questions You Need to Answer To Get The Whole Process Rolling | 1. Where do I want to go ? (What is the objective?) 2. How will I pace myself to see if I am getting there? (What are my milestones, or key results?)Make sure that the answers are precise! | Types of Objectives1 | * Routine objectives * Innovation objectives * Improvement objectives | The objectives must be: * focused on a result, not an activity * consistent * specific * measurable * related to time * attainable | MBO Strategy: Three Basic Parts5 | 1. All individuals within an organization are assigned a special set of objectives that they try to reach during a normal operating period. These objectives are mutually set and agreed upon by individuals and their managers. 2. Performance reviews are conducted periodically to determine how close individuals are to attaining their objectives. 3. Rewards are given to individuals on the basis of how close they come to reaching their goals. | Six MBO Stages | 1. Define corporate objectives at board level... More | | Personal Empowerment | The Four Powers you need to do an excellent job: 1. Freedom to challenge everything and anything 2. Continuous training and
8 Key Result Areas Where Managers Must Pursue Clear Objectives | * Marketing * Innovation * Human organization * Financial resources * Physical resources * Productivity * Social responsibility * Profit requirements |
Management by Objectives (MBO) Principles | * Cascading of organizational vision, goals and objectives * Specific objectives for each member * Participative decision making * Explicit time period * Performance evaluation and feedback | | The Two Questions You Need to Answer To Get The Whole Process Rolling | 1. Where do I want to go ? (What is the objective?) 2. How will I pace myself to see if I am getting there? (What are my milestones, or key results?)Make sure that the answers are precise! | Types of Objectives1 | * Routine objectives * Innovation objectives * Improvement objectives | The objectives must be: * focused on a result, not an activity * consistent * specific * measurable * related to time * attainable | MBO Strategy: Three Basic Parts5 | 1. All individuals within an organization are assigned a special set of objectives that they try to reach during a normal operating period. These objectives are mutually set and agreed upon by individuals and their managers. 2. Performance reviews are conducted periodically to determine how close individuals are to attaining their objectives. 3. Rewards are given to individuals on the basis of how close they come to reaching their goals. | Six MBO Stages | 1. Define corporate objectives at board level... More | | Personal Empowerment | The Four Powers you need to do an excellent job: 1. Freedom to challenge everything and anything 2. Continuous training and