GLOSSARY
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MBO |
Management by objectives
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Objectives |
Work Objectives, Targets, Tasks/Projects, Behavioral Parameter, Values, Performance Improvement, Developmental Objectives. |
MBO Process |
Collectively fixingobjectives, Collectively making aplan, Subordinatesimplements the plan, Collectivelymonitoringperformance. |
MNCs |
Multi National Corporations |
MBO in action |
INTELA Managers Guide at Intel provides the following directions-• Start with a few well-chosen over riding objectives. |
KRA |
Key-Result Areas |
HP |
Hewlett-Packard |
Goal Setting Theory |
Many Believe that everyone already sets goals but its nottrue. when groups do set goals, output invariablyincreases over groups that do not set goals. |