Management by Objectives Essay Example | Topics and Well Written Essays - 250 words

Management by Objectives - Essay ExampleBy setting objectives and completing them - the employee can roll in the hay a sense of accomplishment.Assuming a company has clearly conveyed a mission to be an embraceable mental imagery for all employees from top to bottom setting objectives with the employee and then letting the employee execute them gives the employee a feeling of team up work and belonging.Peter Drucker first addressed MBO in 1954 in his book The practice of Management He later readdressed MBO in updated editions, including, Management Tasks, Responsibilities, Practices originally published 1973. In the book in Drucker is always alert to stress the human element of management. (Drucker, 21973) He stresses the combined power of teamwork when strengths argon emphasized. We are all managed in some way, whether it is by our parents, our jobs or our rules of society.A concrete example of management by objectives is from the company where I am employed. The company requires the manager to sit down with each associate and set goals for the year. Some goals are individually driven and some are business driven. For example, an individual goal might be to contract (or job shadow) a different position in the company, whereas a company goal might be to complete audit reports within a 180 days of the start. The individual goal is set by the associate sometimes with the coaching of the manager, if needed.