Mastering Performance: Management by Objectives Strategy

Discover the power of Management by Objectives (MBO) as a performance management strategy in today's video!
MBO involves collaboratively setting specific objectives between managers and employees, establishing measurable criteria for success, and regularly reviewing progress towards those objectives.
This strategy is particularly effective in situations where clear goal-setting, alignment of individual and organizational goals, empowerment of employees, and accountability are essential for organizational success.
I hope the video takes you beyond the definition & helps to make the learning process a little more tangible. Please subscribe & feel free to share.
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Video Content
0:00 - Introduction to Management by Objectives (MBO)
Step 1: Defining Business Objectives
Step 2: Negotiating Individual Employee Goals
Step 3: Monitoring Progress Regularly
Step 4: Providing Performance Feedback
Step 5: Conducting Performance Appraisals
Recognizing and Rewarding Achievement
Benefits of MBO as a Performance Management Strategy
Conclusion: Driving Organizational Success through MBO
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School of Learning
Arnav Dutta
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