The modern approach towards the concept of Management by Objectives
has given it the following specific characteristics:-
Determination
of Objectives:
The concept of
Management by Objectives pays total attention towards the determination of
objectives of the organization as a whole, after this the whole is divided into
different objects as per the requirement & department so that pre
determined goals become achievable.
Team
Spirit:
This concept
creates a team spirit, as the divided objects are specific goals of
departments, which gives an esteemed feeling between the managers and workers
or employees. This helps in achievement
because the proposed goal is accepted to each & every individual, forcing willing-fully
all to work whole heartedly to achieve.
Within
Time Frame:
In the concept of
Management by Objectives, the whole pre determined objectives are decided for
certain specific period of time as, quarterly, half-yearly and annually or may
be more or less time periods and according to this plans are made. The time
frame may get extension or reduction as per the needs of the departments and
organization.
Determination
of Performance:
This approach of
Management by Objectives at first focuses on determination of objectives of the
organization. When this has been decided, departments with their objectives
have the standards according to which performance is required. This helps in
deciding the authority & responsibility for each individual of all the
respective departments of the organization and all are responsible to achieve
the goals.
Delegation
of Authority:
The approach in the
concept of Management by Objectives helps in delegating the authority from top
and middle level of management to different departments, managers and
subordinates for proper discharge of their respective duties. By doing so the
whole management process functions very smoothly.
Few other Characteristics of Management by Objectives would be
presented in second part in future blog.
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