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Management by Objective is a management style or philosophy whereby the manager assigns a task (the objective) and gives the employee some freedom of how to achieve that objective. The manager must clearly define the task and specify any limitations such as a deadline, budget, etc. The manager would offer to provide any suggestions, directions or assistance needed by the employee and check on the progress periodically.
For example, a manager might ask an employee to cut the lawn around a building and have it done by a certain time. The employee could then decide whether he would cut the front first or the back first. He could decide what direction to go and if/when to take a lunch break, etc.
Raheem Raynor
Wiki User
∙ 9y agoManagement by objectives refers to giving employees goals and managing those goals instead of micromanaging them. If you manage the goals, then you are able to meet your performance objectives.
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What are the aims or objectives Physical resource management?
managing physical resource
What is management objectives?
Management by objectives refers to giving employees goals and managing those goals instead of micromanaging them. If you manage the goals, then you are able to meet your performance objectives.
What are the approaches to managing?
There are many approaches to corporate management including management by objectives. The management style chosen depends on how the executive management team chooses to meet their strategic objectives.
What roles does project integration management have in a project?
Effectively managing resource allocation to acheive the desired performance Managing stakeholders expectiations throughout the project Coordinating processes to the projects objectives can be met in an organized way
What role does project integration management have in a project?
Managing stakeholders' expectations throughout the project Coordinating processes so the project's objectives can be met in an organized way. Effectively managing resource allocation to achieve the desired performance
This component of performance-based services acquisition is important because this step establishes the strategy of managing the contract to achieve planned performance objectives?
Decide how to manage and measure performance
What are the roles of project integration in a project?
Project integration managementProvide solutions to meet changing project needsCoordinate processes to accomplish the project's objectives in a methodical wayEffectively managing resource allocation
What is the responsibility of a mutual fund's management company?
The management company is responsible for selecting an investment portfolio that is consistent with the objectives of the fund as stated in its prospectus and managing the portfolio in the best interest of the shareholders.
What are the roles of the project integration management in a project?
Project integration managementProvide solutions to meet changing project needsCoordinate processes to accomplish the project's objectives in a methodical wayEffectively managing resource allocation
What are the roles of Project Integration Management in a project?
Project integration managementProvide solutions to meet changing project needsCoordinate processes to accomplish the project's objectives in a methodical wayEffectively managing resource allocation
Who is the manager of a department in a newspaper?
The editor-in-chief typically oversees the department at a newspaper. They are responsible for setting editorial direction, overseeing content production, managing staff, and ensuring that the newspaper meets its goals and objectives.
What is the formal structure is discribed by management through?
Formal structure is the way that many organisation is organised by some with responsibility for managing the organisation. They also create the fromal structure that allows the organisation to meet the stated objectives.
