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Give the advantages of Management By Objectives.(MBO)

Give the advantages of Management By Objectives.(MBO)

Answers

Kavungya
- Accomplishes consistency in objectives. As the objectives of each department are consistent with the organizational objectives, the possibility for the various departments working at cross 'purposes is very less.
- Contributes for effective management by providing lot of clarity in the objectives and the organization that is necessary to achieve them;
- Forces the management to plan the activities in a systematic way.
- Facilitates objective performance appraisal. As the goals themselves become the standards against which the actual performance is measured, MBO system itself acts as an effective performance appraisal tool.
- Contributes for the installation of a democratic and participative setup, very essential for the success of an organization in a complex business 'environment of today. The interaction that takes place between the superiors and subordinates is a good sign of human resource development in the organization.
Kavungya answered the question on March 26, 2019 at 11:59

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