Objectives
Objectives may
be defined as the goals
which an organisation
tries to achieve. Objectives are described as the end-
points of planning. According to Koontz and O'Donnell, "an objective is a
term commonly used to indicate the end point of a management programme."
Objectives constitute the purpose of the enterprise and without them no
intelligent planning can take place. Objectives are, therefore, the ends
towards which the activities of the enterprise are aimed. They are present not
only the end-point of planning but also the end towards which organizing,
directing and controlling are aimed. Objectives provide direction to various
activities. They also serve as the benchmark of measuring the efficiency and
effectiveness of the enterprise. Objectives make every human activity
purposeful. Planning has no meaning if it is not related to certain objectives.
Features of Objectives
ü The
objectives must be predetermined.
ü Objectives
must be realistic.
ü Objectives
must be measurable.
ü Objectives
must have social sanction.
ü All
objectives are interconnected and mutually supportive.
ü Objectives
may be short-range, medium-range and long-range.
ü Objectives
may be constructed into a hierarchy.
MBO was
first popularized by Peter Drucker in 1954 in his book 'The practice of Management’. It is a process of
agreeing within an organization so that management and employees buy into the
objectives and understand what they are. It has a precise and written
description objectives ahead, timelines for their motoring and achievement. The
employees and manager agree to what the employee will attempt to achieve in a
period ahead and the employee will accept and buy into the objectives.
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