How do you answer the question How you consider you have performed against your objectives?

What do you think is the main benefit of the Monitoring and Controlling process group?

Continually measuring actual project performance against planned performance lets you know when your project is in danger of not meeting its objectives

Define management by objective mbo and also explain its functions?

An effective planning tool to help the supervisor set objectives is Management by Objectives (MBO). MBO gained recognition in 1954 with the publication of Peter Drucker's book The Practice of Management. MBO is a collaborative process whereby the manager and each subordinate jointly determine objectives for that subordinate. To be successful MBO programs should include commitment and participation in the MBO process at all levels, from top management to the lowest position in the organization. MBO begins when the supervisor explains the goals for the department in a meeting. The subordinate takes the goals and proposes objectives for his or her particular job. The supervisor meets with the subordinate to approve and, if necessary, modify the individual objectives. Modification of the individual's objectives is accomplished through negotiation since the supervisor has resources to help the subordinate commit to the achievement of the objective. Thus, a set of verifiable objectives for each individual are jointly determined, prioritized, and formalized. The supervisor and the subordinate meet periodically to review the latter's progress. Communication is the key factor in determining MBO's success or failure. The supervisor gives feedback and may authorize modifications to the objectives or their timetables as circumstances dictate. Finally, the employee's performance is measured against his or her objectives, and he or she is rewarded accordingly. Hence, some of the key features of MBO are : Ø Emphasis on results rather than activities Ø Objectives for specific managerial positions. Ø Participatory or joint objective setting. Ø Identification of key result areas. Ø Establishment of Periodic Review System.

The final stage in the human resource planning process is to?

Great question! The final stage in the human resource planning process is to monitor and evaluate the effectiveness of the plan that was implemented. This stage is crucial because it allows HR professionals to assess whether the plan is achieving its intended goals and objectives, and to make any necessary adjustments to improve its effectiveness. During this stage, HR professionals collect and analyze data related to the plan's outcomes, such as employee retention, productivity, and performance. They also review the actual results against the projected goals and objectives to determine if the plan is on track. If the plan is not achieving the desired outcomes, HR professionals will need to identify the reasons why and make any necessary changes to improve its effectiveness. In addition to monitoring and evaluating the plan's effectiveness, HR professionals will also need to ensure that the plan is aligned with the overall goals and objectives of the organization. They may need to revise the plan to reflect changes in the business environment, such as shifts in the labor market or changes in the organization's strategic priorities. By regularly monitoring and evaluating the human resource plan, HR professionals can ensure that it remains relevant and effective in helping the organization achieve its goals.

Strategic mis categories?

# STRATEGIC OBJECTIVESStatements of vision tend to be quite broad and can be described as a goal that represents an inspiring, overarching, and emotionally driven destination. Mission statements, on the other hand, tend to be more specific and address questions concerning the organization's reason for being and the basis of its intended competitive advantage in the marketplace. Strategic objectives are used to operationalize the mission statement. That is, they help to provide guidance on how and vision. As a result, they tend to be more specific and cover a more well-defined time frame. Setting objectives demands a yardstick to measure the fulfillment of the objectives. If an objective lacks specificity or measurability, it is not very useful, simply because there is no way of determining whether it is helping the organization to move toward the organization's mission and vision. Most of strategic objectives are directed toward generating greater profits and returns for the owners of the business, others are directed at customers or society at large. • Measurable. There must be at least one indicator (or yardstick) that measures progress against fulfilling the objective. • Specific. This provides a clear message as to what needs to be accomplished. • Appropriate. It must be consistent with the vision and mission of the organization. • Realistic. It must be an achievable target given the organization's capabilities and opportunities in the environment. In essence, it must be challenging but doable. • Timely, there needs to be a time frame for accomplishing the objective. After all, as the economist John Maynard Keynes once said, "In the long run, we are all dead!"

Define planning organizing staffing coordinating of management?

Management functions There are many different activities that mangers perform into a few conceptual categories that are now called as management function. There are six management functions, they are. Ø Planning Ø Organizing Ø Coordinating Ø Staffing Ø Directing Ø Controlling Planning In this function it establishes goals and objectives to pursue during a future period. The planning function spans all levels of management. Top managers are involved in strategic planning that sets board, long-range goals for an organization. These goals become the basis for short-range, annual operational planning; during which top and middle managers determine specific departmental objectives that will help the organization makes progress toward the broader, long-range goals. Organizing In this function it typically follows planning and reflects how the organization tries to accomplish its goals and objectives. In relation to the structure of a company, organizing involves the assignment of tasks, the grouping of tasks into departments and the allocation of resources to departments. Organizing also involves establishing the flow of authority and communication between position and levels within the organization. Top manager performs these activities. Like wise middle manager and supervisors organize the tasks to create positions within their departments. Job analysis and job design activities are organizing function. Coordinating In this function coordinating refers to management activities related to achieving an efficient use of resources to attain the organization's goals and objectives. Staffing In this function staffing refers to the fundamental cycle of human resources activities, determining human resource needs, and recruiting, selecting, hiring, training, and developing staff members. Directing In this function directing is also referred to as leading, it involves influencing division, departments, and individual staff members to accomplish the organization's goals and objectives. Controlling In this function manager performing the controlling management function translate organizational goals and objectives into performance standards for divisions, department and individual position. Controlling also involves assessing actual performance against standards to determine whether the organization is on target to reach its goals and taking corrective actions as necessary. Managers practicing the evaluative component of controlling assess how well the organization has achieved its objectives. This article is taken from the book " Leadership and Management in the Hospitality Industry". Robert H. Woods and Judy Z. king writes this boo

How do you answer the question How you consider you have performed against your objectives?

Add your answer:

What do you think is the main benefit of the Monitoring and Controlling process group?

Define management by objective mbo and also explain its functions?

The final stage in the human resource planning process is to?

Strategic mis categories?

Define planning organizing staffing coordinating of management?

How do you feel you have performed against your work-based objectives?

What is mission and objectives of CNN ibn?

How is progress measured against your work objectives?

What methods do you use externally?

What are HIPAA fundamental objectives of information security?

What are the objectives of noise pollution?

What crimes are done on women?

What movie and television projects has Sheridan Love been in?

What are some well known original tricks performed by the football legend Ronaldinho?

How long does the smallpox vaccination last?

What was one of the strategic naval objectives during the revolution against british seaborne commerce?

What was one of Americas strategic naval objectives during the revolution against British seaborne?

Resources

Top Categories

Product

Company