Process of MBE
Primarily, it is necessary to set objectives or
norms with predictable or estimated results. These performances are assessed
and get equated to the actual performance. Next, the deviation gets analysed.
With an insignificant or no deviation, no action is required and senior
managers can concentrate on other matters. If actual performances deviates
significantly, the issue needs to be passed to the senior managers, as an “exception
has occurred”. Finally, the aim is to solve this “exception” immediately.
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