Business Skills

 

Manager

Management By Objectives (MBO)

The Six Stages

 

Peter Drucker, author of Managing for Results

The concept of Management By Objectives (MB0)
was developed by
Peter Drucker

Peter Ferdinand Drucker is revered as the father of modern corporate management. He was often called the world's most influential business guru. His thinking transformed corporate management in the latter half of the 20th century.

Adapted by personal logo Vadim Kotelnikov Vadim Kotelnikov

  

Starting from the top of a company, the six stages of Management by Objectives (MBO) are:

  1. Define corporate objectives at board level

The Tree of Business

Competitive Strategies: 2 Types

3 Strategies of Market Leaders

  1. Analyze management tasks and devise formal job specifications, which allocate responsibilities and decisions to individual managers

  2. Set performance standards

  3. Agree and set specific objectives

  4. Align individual targets with corporate objectives

  5. Establish a management information system to monitor achievements against objectives

 

Management By Objectives (MBO)

Setting Objectives

Starting With Yourself

7 Questions To Answer

Balanced Employee Empowerment

Managing For Results

Results-based Leadership

8 Perceptions

5 Self-Management Questions

Delegation DOs and DON'Ts

Entrepreneurial Leader

Assess Your Management of Opportunities