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    Management by Objectives: Presented By: Ashish Prajapati Seema Patil Vaibhav Singh

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    agrawalrohit_228384
    This presentation discusses management by objectives (MBO) and its limitations. MBO involves setting objectives at all levels of an organization from socio-economic goals down to individual objectives. Some limitations include failing to teach the MBO philosophy, not providing guidelines on goal setting, emphasizing short-term over long-term goals, difficulties setting verifiable goals, overusing quantitative goals, and challenges getting participation at all levels. To overcome these limitations, objectives should be set rationally and coordinated across levels, encourage participation, and maintain flexibility. Overall, defining objectives through MBO is still important for planning despite its limitations.

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    Management by Objectives: Presented By: Ashish Prajapati Seema Patil Vaibhav Singh

    Uploaded by

    agrawalrohit_228384
    163 views14 pages
    This presentation discusses management by objectives (MBO) and its limitations. MBO involves setting objectives at all levels of an organization from socio-economic goals down to individual objectives. Some limitations include failing to teach the MBO philosophy, not providing guidelines on goal setting, emphasizing short-term over long-term goals, difficulties setting verifiable goals, overusing quantitative goals, and challenges getting participation at all levels. To overcome these limitations, objectives should be set rationally and coordinated across levels, encourage participation, and maintain flexibility. Overall, defining objectives through MBO is still important for planning despite its limitations.

    Original Title

    MBO Group No 6

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    This presentation discusses management by objectives (MBO) and its limitations. MBO involves setting objectives at all levels of an organization from socio-economic goals down to individual objectives. Some limitations include failing to teach the MBO philosophy, not providing guidelines on goal setting, emphasizing short-term over long-term goals, difficulties setting verifiable goals, overusing quantitative goals, and challenges getting participation at all levels. To overcome these limitations, objectives should be set rationally and coordinated across levels, encourage participation, and maintain flexibility. Overall, defining objectives through MBO is still important for planning despite its limitations.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    163 views14 pages

    Management by Objectives: Presented By: Ashish Prajapati Seema Patil Vaibhav Singh

    Uploaded by

    agrawalrohit_228384
    This presentation discusses management by objectives (MBO) and its limitations. MBO involves setting objectives at all levels of an organization from socio-economic goals down to individual objectives. Some limitations include failing to teach the MBO philosophy, not providing guidelines on goal setting, emphasizing short-term over long-term goals, difficulties setting verifiable goals, overusing quantitative goals, and challenges getting participation at all levels. To overcome these limitations, objectives should be set rationally and coordinated across levels, encourage participation, and maintain flexibility. Overall, defining objectives through MBO is still important for planning despite its limitations.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    of 14

    MANAGEMENT BY

    OBJECTIVES
    Presented by:

    Ashish Prajapati
    Seema Patil
    Vaibhav Singh
    Agenda
     Objective of presentation
     Objectives of an organization taking an
    example
     Limitations
     How to overcome these limitations
     Conclusion
    Objectives of the presentation
     To study the limitations of MANAGEMENT
    BY OBJECTIVES (MBO)
     How to overcome these limitations?
    Example PROTON business school
     Socio-economic objective
     Mission
     Overall objective
     Department and unit objective
     Individual objective
    Limitation one
     Failure to teach and apply the philosophy
    of MBO
     It has to be explained to all the people in
    hierarchy that how there can be mutual
    benefit from MBO philosophy
    Limitation two
     Failure to give guidelines on goal setting
     What the common corporate goals are and
    how their own activities fit into it
    Limitation three
     Emphasis on short term goal at the
    expense of long term goal
    Limitation four
     The difficulty of setting verifiable goals with
    the right degree of flexibility
     Some times this might lead to
    questionable behavior and unethical
    means to achieve the objective
    Limitation five
     Overuse of quantitative goals which may
    downgrade important goal (qualitative)
    Limitation six
     Positive and active participation by all the
    people at all the hierarchal levels may not
    be easily forthcoming
    Limitation seven
     Time consuming and difficult to bring to
    action especially in the introduction phase
    How to overcome these
    limitations…
     Set rational objectives which can be realized
     Short range plans must be coordinated with long
    term ones
     Objectives must be set by analyzing the nature
    of job, how much they can do it and how much
    they can get done at all the levels
     Encourage people and instill the feeling of
    mutual benefits
    Conclusion
     Even if there are limitations of MBO
    philosophy, defining objectives is an
    indispensable part of planning and
    decision making
     Being flexible to some extent according to
    the changing conditions becomes
    important
    THANK YOU!

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