Please register (it's free!) or login to view the remaining preview.

If you are logged in, your referral link [?] is automatically included below.

EMBED CODE (Copy and Paste)

DOCUMENT DESCRIPTION

Management by Objectives (MBO), developed by Peter Drucker, relies on the defining of objectives for each employee and then comparing and directing their performance against the objectives which have been set. The goal to increase the performance of the organization by matching organizational goals with the objectives of employees throughout the organization.

MBO is based on the thinking that various hierarchies within companies need to be integrated. There was a need for commitment, responsibility, and maturity. MBO becomes a process by which the objectives of an organization are agreed to and decided between the management and the employees. Through this approach, the employees understand what is expected of them and help set their own individual goals. As a result, they attain both their personal goals and the organization's targets. MBO also includes continuous tracking of the processes and providing feedback to reach the objectives.

A key underlying concept of MBO is that all objectives must be S.M.A.R.T.--i.e., Specific, Measurable, Achievable, Realistic, and Time-related.

Got a question about the product? Email us at [email protected]. If you cannot view the preview above this document description, go here to view the large preview instead.

Source: Management by Objectives (MBO) PowerPoint document

ABOUT FLEVYPRO

FlevyPro is a subscription service for on-demand business frameworks and analysis tools. FlevyPro subscribers receive access to an exclusive library of curated business documents—business framework primers, presentation templates, Lean Six Sigma tools, and more—among other exclusive benefits. Click here to learn more about FlevyPro and its benefits.

[ What is FlevyPro? ]

This is a FlevyPro document.

Top Flevy Author [?]

Management by Objectives (MBO)

Sold by PPT Lab (this author has 25 documents)

Sorry, this document is currently only available to FlevyPro subscribers.
You can join FlevyPro for only $29/month.

Or, you can subscribe to the Performance Management Stream, our curated collection of Performance Management frameworks.

This business document is categorized under:

Business Framework Primers

File Type: PowerPoint (ppt)

Tag(s): Performance Management Management by Objectives Peter Drucker SMART

Number of Slides: 17 (includes cover, transition slides)

Purchase includes lifetime product updates. After your purchase, you will receive an email to download this document.

Upload date (first version): Dec 6, 2016

FLEVYPRO LIBRARY

Are you a consultant?
FlevyPro is our subscription service for consulting frameworks and business templates.

It is a must-have for any independent consultant or boutique firm. We arm them with the same—if not greater—access to a library of consulting frameworks that global consulting firms have at their disposal. Learn more about our value proposition to consultants here.

RELATED DOCUMENTS FROM THE FLEVYPRO LIBRARY

	Key Performance Indicators (KPIs): Best Practices Tag(s): Key Performance Indicators, Performance Management		Objectives and Key Results (OKR) Tag(s): Performance Management, Team Building, SMART
	PMO - Performance Management Plan Tag(s): Project Management Office, Performance Management		Value Mapping Tag(s): Performance Management, Value Drivers, Value Mapping, Value Creation, Key Performance Indicators
	Performance Measurement Tag(s): Performance Measurement, Balanced Scorecard, Performance Management		FAST Method to Goal Setting Tag(s): Performance Management, SMART
	Strategic Management Maturity Model (SMMM) Tag(s): Maturity Model, Strategic Management Maturity Model, Strategic Management, Strategic Planning, Corporate Culture		Key Performance Indicators (KPIs): 5 Areas of Focus Tag(s): Performance Management, Key Performance Indicators
	Best Practices in Strategic Planning Tag(s): Strategic Dialogue, Strategy Development, Strategy Execution, Strategic Planning		Strategy Map Tag(s): Strategy Map, Balanced Scorecard
	Digital Transformation Strategy (Primer) Tag(s): Digital Strategy, Digital Transformation		Closing the Strategy-to-Performance Gap Tag(s): Strategy Development, Strategy Execution, Corporate Culture, Strategic Planning, Strategy-to-Performance Gap

CUSTOMER TESTIMONIALS

"I have found Flevy to be an amazing resource and library of useful presentations for lean sigma, change management and so many other topics. This has reduced the time I need to spend on preparing for my performance consultation. The library is easily accessible and updates are regularly provided. A wealth of great information."

– Cynthia Howard RN, PhD, Executive Coach at Ei Leadership

"I have used FlevyPro for several business applications. It is a great complement to working with expensive consultants. The quality and effectiveness of the tools are of the highest standards."

– Moritz Bernhoerster, Global Sourcing Director at Fortune 500

"I like your product. I'm frequently designing PowerPoint presentations for my company and your product has given me so many great ideas on the use of charts, layouts, tools, and frameworks. I really think the templates are a valuable asset to the job."

– Roberto Fuentes Martinez, Manager at Technology Transformation Advisory

"One of the great discoveries that I have made for my business is the Flevy library of training materials.

As a Lean Transformation Expert, I am always making presentations to clients on a variety of topics: Training, Transformation, Total Productive Maintenance, Culture, Coaching, Tools, Leadership Behavior, etc. Flevy usually has just what I need to make my point.

It is well worth the money to purchase these presentations. Sure, I have the knowledge and information to make my point. It is another thing to create a presentation that captures what I want to say. Flevy has saved me countless hours of preparation time that is much better spent with implementation that will actually save money for my clients."

– Ed Kemmerling, Senior Lean Transformation Expert at PMG

"As a small business owner, the resource material available from FlevyPro has proven to be invaluable. The ability to search for material on demand based our project events and client requirements was great for me and proved very beneficial to my clients. Importantly, being able to easily edit and tailor the material for specific purposes helped us to make presentations, knowledge sharing, and toolkit development, which formed part of the overall program collateral. While FlevyPro contains resource material that any consultancy, project or delivery firm must have, it is an essential part of a small firm or independent consultant's toolbox."

– Michael Duff, Managing Director at Change Strategy (UK)

"Flevy is our 'go to' resource for management material, at an affordable cost. The Flevy library is comprehensive and the content deep, and typically provides a great foundation for us to further develop and tailor our own service offer."

– Chris McCann, Founder at Resilient.World

"FlevyPro has been a brilliant resource for me, as an independent growth consultant, to access a vast knowledge bank of presentations to support my work with clients. In terms of RoI, the value I received from the very first presentation I downloaded paid for my subscription many times over! The quality of the decks available allows me to punch way above my weight – it's like having the resources of a Big 4 consultancy at your fingertips at a microscopic fraction of the overhead."

– Roderick Cameron, Founding Partner at SGFE Ltd

"FlevyPro provides business frameworks from many of the global giants in management consulting that allow you to provide best in class solutions for your clients."

– David Harris, Managing Director at Futures Strategy

"As a consultant requiring up to date and professional material that will be of value and use to my clients, I find Flevy a very reliable resource.

The variety and quality of material available through Flevy offers a very useful and commanding source for information. Using Flevy saves me time, enhances my expertise and ends up being a good decision."

– Dennis Gershowitz, Principal at DG Associates

"My FlevyPro subscription provides me with the most popular frameworks and decks in demand in today’s market. They not only augment my existing consulting and coaching offerings and delivery, but also keep me abreast of the latest trends, inspire new products and service offerings for my practice, and educate me in a fraction of the time and money of other solutions. I strongly recommend FlevyPro to any consultant serious about success."

– Bill Branson, Founder at Strategic Business Architects

"As a consulting firm, we had been creating subject matter training materials for our people and found the excellent materials on Flevy, which saved us 100's of hours of re-creating what already exists on the Flevy materials we purchased."

– Michael Evans, Managing Director at Newport LLC

"As a niche strategic consulting firm, Flevy and FlevyPro frameworks and documents are an on-going reference to help us structure our findings and recommendations to our clients as well as improve their clarity, strength, and visual power. For us, it is an invaluable resource to increase our impact and value."

– David Coloma, Consulting Area Manager at Cynertia Consulting

"The wide selection of frameworks is very useful to me as an independent consultant. In fact, it rivals what I had at my disposal at Big 4 Consulting firms in terms of efficacy and organization."

– Julia T., Consulting Firm Owner (Former Manager at Deloitte and Capgemini)

"If you are looking for great resources to save time with your business presentations, Flevy is truly a value-added resource. Flevy has done all the work for you and we will continue to utilize Flevy as a source to extract up-to-date information and data for our virtual and onsite presentations!"

– Debbi Saffo, President at The NiKhar Group

"Flevy is now a part of my business routine. I visit Flevy at least 3 times each month.

Flevy has become my preferred learning source, because what it provides is practical, current, and useful in this era where the business world is being rewritten.

In today's environment where there are so many challenges and there is the need to make the right decisions in a short time, with so much scattered information, we are fortunate to have Flevy. Flevy investigates, selects, and puts at our disposal the best of the best to help us be successful in our work."

– Omar Hernán Montes Parra, CEO at Quantum SFE

"As an Independent Management Consultant, I find Flevy to add great value as a source of best practices, templates and information on new trends. Flevy has matured and the quality and quantity of the library is excellent. Lastly the price charged is reasonable, creating a win-win value for the customer, Flevy and the various authors. This is truly a service that benefits the consulting industry and associated clients. Thanks for providing this service. "

– Jim Schoen, Principal at FRC Group

SELECT CUSTOMERS

Since 2012, we have provided best practices to over 5,000 businesses and organizations of all sizes across the world—in over 130 countries. Below is just a very small sample of our customer base.

Did you know?

The average daily rate of a McKinsey consultant is $6,625 (not including expenses). The average price of a Flevy document is $65.

RECOMMENDED DOCUMENTS FROM THE FLEVY MARKETPLACE

Supercharge Strategy Execution: Performance Scorecard 35-slide PowerPoint deck and supporting Excel workbook $59.00 Author: Trinity Balanced Scorecard Strategy Deployment & Exe ... Performance Management	Organizational Excellence Framework - Performance Measurement 80-slide PowerPoint deck $160.00 Author: Dawn Ringrose Process Improvement Performance Management Continuous Improvement	Benchmarking for Superior Performance 241-slide PowerPoint deck $79.00 Author: Operational Excellence Consulting Performance Management Benchmarking	Corporate Performance Measurement 106-slide PowerPoint deck $109.99 Author: Documents & Files Performance Management Shareholder Value
World Class Planning & Performance Management 43-slide PowerPoint deck $59.99 Author: Documents & Files Strategic Planning Performance Management	Overview of Baldrige Excellence Framework 85-slide PowerPoint deck and supporting Word $49.00 Author: Operational Excellence Consulting Performance Management Quality Management & Assurance Malcolm Baldrige	A New Way to Measure and Predict Your Risk and Performance 99-slide PowerPoint deck $239.00 Author: SIMMETHOD Digital Disruption Benchmarks Performance Management Risk Management	Plan for Performance Methodology 66-slide PowerPoint deck $59.99 Author: Documents & Files Performance Management
Auditing and Improving Business Performance 42-page PDF document $29.00 Author: John Kyriazoglou Performance Management	Employee Performance Guide 32-slide PowerPoint deck $20.00 Author: Pontifica Performance Management Employee Management	Robust Production Management (RPM) Module 2: Performance Framework 21-page PDF document $20.00 Author: Lance Latham Performance Management	Sculpting Quality and Performance Excellence 62-slide PowerPoint deck $25.00 Author: Lucell Larawan Performance Management Quality Management & Assurance