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Management by Objectives (northward (Resources (What we need to do each…
Management by Objectives
With the end in mind
Concept
Theory that was born in the decade of the 50
Max Exponent PETER DRUKER
Means vrs Objective
Goals are something to achieve
Means are the activities that are performed to achieve the objectives
Knowing what you want
Practical Requirements
Realistic and achievable
Motivators
Consistent with the organization's strategy
Justified
Coherent
Ideal goal
An ideal target reflects
Responsible for compliance
How and when to get it
expected results
Measure to assess the degree of compliance with
northward
Resources
What we need to do each task
Tasks
Lists of things we can do
the groups
Each member must take on some task
Membership participation
Participate in decisions
Ensuring the Goal
Desired
The well defined objective
Control
Verify that things are going as planned
To take action
Ensure that the goal is achieved
Results
Verify that actual results are in line with expectations
The objectives are the most important in the administration