Management by objectives (MBO) is a strategic business model designed to improve the performance of an organization. It is a strategy with clearly defined objectives that are agreed upon by both management and employees. To overcome MBO, organizations must create consistency of purpose for product and service improvement, adopt the win-win philosophy of cooperation, stop relying on mass inspection to achieve quality, and end the practice of awarding deals solely on the basis of price. Managers must understand the purpose of planning and goal-setting processes, and the objectives should include not only the personal and occupational goals of the individual manager, but also the manager of corporate goals and superior participation in common.
Unfortunately, MBO as it is currently practiced is often counterproductive in the long term because it is based on a psychology of reward and punishment that serves to intensify pressure on the individual and offers a very limited selection of objectives. This can lead to hostility, resentment, and distrust between a manager and their subordinates. To overcome this, managers should be given more freedom to pursue their own goals, while still being held accountable for their performance. In addition, managers should be encouraged to listen to their subordinates and take their opinions into account when setting goals.
This will help create an environment where everyone feels valued and respected. Furthermore, managers should be given more autonomy to make decisions that are in line with their own values and beliefs. This will help foster a sense of trust between managers and their subordinates, which can lead to improved performance. Finally, organizations should focus on creating an environment where everyone feels safe to express their opinions without fear of retribution.
This will help create an atmosphere of collaboration and mutual respect between managers and their subordinates. By creating an environment where everyone feels valued and respected, organizations can ensure that they are able to achieve their goals in a more effective manner.