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Management by Objective: by Shatakshi Jaiswal at Neil Shubham

Peter F. Drucker is considered the father of modern management for introducing the concept of Management By Objectives (MBO) in 1952. MBO is a process where managers work with employees to set goals for a specified time period, track progress towards those goals, and evaluate outcomes. It aims to improve management effectiveness, reduce duplicated efforts, and increase employee commitment by linking organizational and individual objectives. Some potential limitations include difficulty establishing goals and measuring performance in all areas of work. Overall, MBO seeks to provide better management of objectives and increase personnel satisfaction through a collaborative goal-setting process.

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PRINCE KUMAR SINGH
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23 views

Management by Objective: by Shatakshi Jaiswal at Neil Shubham

Peter F. Drucker is considered the father of modern management for introducing the concept of Management By Objectives (MBO) in 1952. MBO is a process where managers work with employees to set goals for a specified time period, track progress towards those goals, and evaluate outcomes. It aims to improve management effectiveness, reduce duplicated efforts, and increase employee commitment by linking organizational and individual objectives. Some potential limitations include difficulty establishing goals and measuring performance in all areas of work. Overall, MBO seeks to provide better management of objectives and increase personnel satisfaction through a collaborative goal-setting process.

Uploaded by

PRINCE KUMAR SINGH
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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MANAGEMENT BY

OBJECTIVE

By Shatakshi Jaiswal
@ Neil shubham
MANAGEMENT BY OBJECTIVE
• The idea of MBO is first
outlined by PETER F.
DRUCKER
• He was a writer,
professor, management
consultant and self
described “Social
ecologist”.
• He is well known as the
father of Modern
management.
• He wrote about more
than 40 books and many
What is MBO ?
 MBO stands for Management By Objective .
 It was given by Peter F. Drucker in the year
1952.
 It is a personnel management technique
where managers and employees work
together to set ,record and monitor goals for
a specified period of time.
Importance of MBO
 It helps to provide the better management of
organizational objective.
 It increases the effectiveness of management
process.
 It reduces the duplication of efforts.
 It encourages commitment towards goal
attainment.
 It provides maximum personnel satisfaction.
 It develops a greater sense of identification in
employees.
Process of MBO
Limitations of MBO
Conclusion of MBO
THANK
YOU…………………

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