EFFECT OF MANAGEMENT BY OBJECTIVES ON ORGANIZATION PERFORMANCE (A CASE STUDY OF VITAMALT PLC)
against conservative nature of some organization managers prior to the introduction
of MBO organization had become more flexible and fill with risk as they now
engage in imprudent and unprofessional activities in other to execute there
formulated goals. These activities led to kluge losses, distress syndrome, low morale,
conflict, poor communication and lack of control leading to eventual collapse
of the organization.
doubt, the importance of MBO as an effective strategy for achieving organization
goals cannot be overemphasized. What is more important is the attitude of
managements in following the (aid down procedure of an effective and efficient
principles of MBO so as to maintain a sound organization system. It had been
!toted that one of the major phenomenon distress is poor labour management relation. Which common among the distress organization.
TABLE OF CONTENTS
Background to the Study
Purpose of Study
The Objectives of the Study
Significance of Study.
Statement of Problem
Scopes and Limitation
Statement of Hypotheses
Definition of Terms
Management by Objectives (MBO)
Participation and Freedom of Action
Principles, Advantages and Disadvantages of Management by Objectives System
Criticisms and Limitations of MBO
Guidelines That Will Make MBO Work
2.7 Benefit of MBO
Design an Approach
Determination of Sample Size
Sources of Data Collected
Method of Data Analysis
Field Work Experience
Field Work Experience
DATA PRESENTATION AND ANALYSIS
Test of Hypothesis
SUMMARY, CONCLUSION AND
TO THE STUDY
the survival of any organization, there must be deliberate grand plan for
achieving present and future goals and objectives, in which the organization
must be strategic about, such actor, otherwise it would affect organization at
formulate and implement organization objectives into a practical planning
target that would not fail in respective of the organization.
could be adopted, but a more effective alternative system applicable would
`MBO" management by objective, although to establish a system of MBO calls
for a lot of efforts and participative approach to decision making by
management and subordinate (MBO) is a process through which individuals in an
organization works together to identify goals and objective and to coordinate
these effort in attaining initially development in the 1950s, MBO has gone from
being a fund in. the 1960s,and early 1970 to failing to into disrepute in many
organization in the 1980s and 1990s, yet, as most research has indicated, it is
the way in which MBO is usually implemented that created problems rather than
the idea of MBO it self.
was initially development as a synthesis of there process which are goal
setting, participation in decision making, and objective feedback, in an MBO
program, a supervision and attempt to accom consume on (1) the goals the
subordinate will attempt accomplish alluring a specific period of time. (2) the
means the subordinate A7ill use to reach these goals and (3) how progress
toward the goals will be measured and evaluated. A key factor under lying this
method is the degrees to which there is true participation MUTUAL INVOLVEMENT
in determining objectives and means during the process.
DRUNKER (1959) (MBO) management by object
allows management to focus on achievable goals and to attain the best possible
result from available resources.
aims to increase organization performance by allying goals and subordinate
objectives, throughout the organization. Ideally, employees get strong input to
identify their objectives, time , lines for completion e.t.c. MBO include
ongoing tracking and feedback in the process to reach objectives.
by objective is not a new techniques it was introduction as a supplementary
management tools by ALFRED SLOAN in the early 1950s, however, PETER DRUNKER is
credited in his classic management drunker is credited with being the father of
MBO, it was George Ordiore who popularized MBO with his statement of its six
by objective (MBO) focuses on the result not the activity they delegate task to
subordinate Management is about salting yourself objectives and then break
specific goals or key results.
is true to say that the place of MBO has come to be being the keystone to the
success and indeed, to every existence to the organization it is no over,
statement to declare that what ever may be the future, the application of MBO
will be an important tools. Indeed so significant is the important as MBO to
the organization and nation that it cannot be over emphasized.
purpose of this study is to examine and understand, the concept management by
objectives (MBO) and its effectiveness in achieving organization predetermined
goals and objectives, and more so to recommend the concept to every
OBJECTIVES OF THE STUDY
examine the general impact of MBO towards achieving organizational goals and
study the main principle of management by objectives (MBO)
determine where management by objectives applicable in day running of the
(iv) To study management focus on MBO
To examine factors that affect MBO and
how to subdue it
recommend the concept to every management in achieving their objectives.
conclusion, I hope to provide relevant theories and literatures, to the mature
of collaborative processes in MBO programmers.
relevance of the study is add to the previous and existing literature in this
significant is the understanding of the subject matter by the general public.
this project various management will recognized the need to systematically
learn how to indicate goals and how to manage their subordinates, to the goals
and objectives of the organization will be easy to achieve and attained.
this study is an eye opener former to gain improvement, confidence and
assurance in facing future challenges as it may come.
it is appropriate in situation where you which to build employee, management
and self leadership skin and tap clavier creativity, tactic knowledge and