This is the second part of the Characteristics of Management by
Objectives, and the points are as follows:-
Organizational
Structure:
As per the
concept of Management by Objectives an organizational arrangement gets
developed.
This arrangement is called as organization structures, which is
developed in such a way that the department head, manager is independent of
taking all decisions in the particular department so that execution of work and
objectives are achieved for the fulfillment of department as well as
organizational goals.
Performance
Evaluation:
An important characteristics
of Management by Objectives, is to cheek and analyze the actual performance
with respect to pre determined plan within a standard time frame. Any deviation
from the pre determined plan is corrected, to accomplish the departmental and
organizational goals.
Training:
Under the concept
of Management by Objectives overall importance is given for adequate and
effective Training, which matches and suits the jobs and duties, has to be
organized and given to the different levels of management, worker or employees
for the efficient time bound completion of departmental and organizational
goals.
Motivation:
This approach of
Management by Objectives presents valuable acknowledgment towards the concept
of Motivation. In an organization monetary and fringe benefits are given to
different levels of management, subordinates, workers or employees so that
whole hearted performance and mutual cooperation may be achieved for the
accomplishment of departmental and organizational goals.
Control:
The concept of
Management by Objectives also encourages different levels of managers to check
and recheck the actual performance with respect to pre determined plan and
thereby inform the deviating department, subordinates, workers or employees to
take the corrective measures as per the suggestion by the specialist, for the
fulfillment of objectives. This often helps in improving the efficiency &
performance of individuals.
Hence, we may say that due to the above given characteristics the
concept of “Management by Objectives” has earned and established its importance
in the Management
field.
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