Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.
Hello, I am looking for someone to write an essay on MBO program. It needs to be at least 500 words.Download file to see previous pages... Employees are also made to understand how their individual co
Hello, I am looking for someone to write an essay on MBO program. It needs to be at least 500 words.Download file to see previous pages...
Employees are also made to understand how their individual contributions influence overall success of business objectives. Drucker and other management experts have identified six steps in the MBO process. The first step is Motivation, whereby employee's inputs are considered and respected in setting goals for each individual. The keywords during this step are 'empowerment', 'job satisfaction' and 'commitment'. By involving themselves directly in the goal setting process, it is believed that employees will show more commitment to the success of the organization. The next step of the process is about ensuring that proper communication and coordination exists between managers and employees so that performance reviews are conducted in an open and transparent manner. By making the goals clear both management and workers can be expected to be on the same page. The six steps involved in MBO can be summarized as follows: Setting the overall business goals. Setting goals pertaining to departments within. Deliberating within departments in order to achieve a consensus. Agreeing upon commonly understood and discussed goals. Setting goals for individual employees. and finally Monitoring performance against set goals.