Features of MBO

Based on the definitions of MBO its features can listed out as follows: MBO is an approach and philosophy to management and not merely a technique. It is likely to affect every management practice in the organisation. It employs several techniques but it is not merely the sum total of all these techniques. Thus it is a particular way of thinking about management. MBO provides the stimulus for the introductions of new techniques of management and enhances the relevance and utility of the existing ones. MBO is the joint application of a number...

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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.                   ...

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What is MBO?

Management By Objectives(MBO) has gained immense popularity during the past decades. "Peter.F.Drucker" has pioneered the concept of MBO. According to him, objectives are the ends and means of an enterprise, all the activities must be framed and directed to perform objectives and no deviations from the achievement of objectives is permitted. There should be a great concern and commitment towards objectives throughout the organisations at any level, then only organisations can survive. It means organisations are to be managed in such a way to achive...

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Management as a Profession

                   A profession is an "occupation backed by organized knowledge and training and to which entry is regulated by a representative body"                    Thus, all professions are occupation in the sense that they provide means of livelihood.                    However, all occupations are not professions because some of them lack certain features of a profession Features of profession: Organized...

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