Wednesday 1 February 2012

Concept of MBO

                   MBO is both a philosophy and approach of management. It is a process where by superiors and subordinates jointly identify the common objectives, set the resuts that should be achieved by the subordinate assess the contribution of each individual, and integrate individuals with the organisation so as to make best use of organisational resources.
                   `Koontz` defined MBO as---- 
                                    "MBO is a comprehensive managerial system that integrates many key managerial activities in a systematic manner consciously directed towards the effective and efficient achievement of organisational objectives". It emphasizes the importance and operation of MBO.
                   `S.K.Chakra borthy` opined--
                                   " MBO is a result - centered, non specialist operational managerial process for the effective utilization of material, physical and human resources of the organisation by integrating the individual with the organisation and oraganisation with the environment. 



0 comments:

Post a Comment