Benefits of MBO

=>> Management by objectives helps employees appreciate their on-the-job roles and responsibilities.
=>> The Key Result Areas (KRAs) planned are specific to each employee, depending on their interest, educational qualification, and specialization.
=>> The MBO approach usually results in better teamwork and communication.
=>> It provides the employees with a clear understanding of what is expected of them. The supervisors set goals for every member of the team, and every employee is provided with a list of unique tasks.
=>> Every employee is assigned unique goals. Hence, each employee feels indispensable to the organization and eventually develops a sense of loyalty to the organization.
=>> Managers help ensure that subordinates’ goals are related to the objectives of the organization.

Follow