Features of MBO (Management by objective)

Question

What are the features of MBO (Management by objective)?

Answer 1

The important features of MBO are as follows:

1. A Philosophy: Management by objective is an idea or a structure, and not simply a method.

2. Participative Goal makiing: It stresses on participative objective making.

3. Individual Responsibilities Defined Clearly: MBO clearly defines every individual’s duties in terms of results.

4. Completion of Goal:  It mainly focuses on completion or achievement of goal rather than ways to achieve and complete the goal.

5. Objective Need into Personal Goal:  MBO transforms organizational objective into personal goals at each level in the organization.

6. It Establishes Goals standards:  It sets up standards as working guides and also makes it the basis of performance evaluation.

7. Efforts to Balance and Blend Goals:  It is a system which is on purpose directed towards successful and proficient attainment of goals at organizational and personal levels.