Asked by Christian Rivera on May 23, 2024

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Assume that you and your professor use MBO to establish objectives for your performance in a course and to monitor your progress on achieving those objectives. Explain how the MBO process could work in this situation. What types of objectives would be set? How would objective attainment be assessed?

Management By Objectives

A management strategy in which employees and managers establish clear, specific objectives that are used to measure and guide performance and achievements.

Objective Attainment

The process of setting, pursuing, and achieving goals, which are often quantifiable and specific, within an organization or personal setting.

Performance Monitoring

The systematic process of tracking, analyzing, and improving an individual's or organization's performance over time.

  • Absorb the rationale, benefits, and components integral to management by objectives (MBO).
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DP
destiny paganMay 27, 2024
Final Answer :
Management by objectives (MBO) is a structured process of regular communication in which a supervisor/team leader and subordinates/team members jointly set performance objectives for the subordinate/team members and review results that are accomplished. MBO involves a formal agreement between a supervisor/team leader and subordinates/team members concerning:
The subordinates'/team members' performance objectives for a given time period.
The plans through which they will be accomplished.
Standards for measuring whether goals / results have been accomplished.
Procedures for reviewing results.
The MBO process follows the following steps:
The supervisor/team leader and subordinates/team members jointly set objectives, establish standards, and choose actions.
The subordinates/team members act individually to perform the agreed-upon tasks; and the supervisor/team leader acts individually to provide necessary support.
The supervisor/team leader and subordinates/team members jointly review results, discuss implications, and renew the MBO cycle.
The students should use the preceding material to guide their discussion of how an MOB contract might be established and administered between a student and a professor. Additionally, the students should use the concepts of improvement objectives, personal development objectives, and maintenance objectives in discussing the objectives to be set. Discussion should also focus on appropriate means for assessing the objectives that the students set.