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Impact Of Management By Objective On Organizational Performance
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1.5 OBJECTIVE OF THE STUDY
The objectives of the study consist of;
1. to provide a detail analysis of the concept of management by objectives and organizational performance
2. To determine the structure and process of management by objectives
3. To determine the nature of organizational performance measure
4. To determine the impact of MBO in organizational performance
5. To determine the nature of MBO in UBA Plc
6. To determine the organizational performance standards in UBA Plc
7. To determine the impact of MBO in organizational performance in UBA Plc.
1.6 SIGNIFICANCE OF THE STUDY
The significance of the study includes;
1. To show the importance of employee involvement in the planning process and objective setting in the organization
2.
TO provide a study framework upon which managers could build upon to
derive maximum employee performance in achieving objectives.
3.
To provide a detailed analysis of the concept of MBO as it could be
applied in situation of organizations employee poor performance.
4. To provide information source for administration, consultants as well as Human Resources Personnel.
1.7 STATEMENT OF HYPOTHESIS
1. Ho There is no organizational performance standard in UBA Plc
H1 There is organizational performance standard in UBA Plc
2. Ho (MBO) Management by objectives is not given significant attention in UBA Plc
H1 (MBO) Management by objectives is given significant attention in UBA Plc
3. Ho Management by objective has no significant impact on organizational performance in UBA Plc
H1 Management by objective has significant impact on organizational performance in UBA Plc
1.8 SCOPE OF THE STUDY
The study provides detail analysis of the concept of MBO, its process
and significance. It also expands on the nature of organizational
performance with a view of determining the impact of MBO on
organizational performance using UBA Plc as a case study.
1.9 DEFINITION OF TERMS
1.
Definition of MBO: Management by objective is a process of
defining objectives within an organization so that management and
employees agree to the objective and understand what they need to do in
the organization in order to achieve them Peter Ducker (1954) The
practice of management Pg. 1.
2. Organizational performance
defined: Organizational performance comprises the actual output or
results of an organization as measured against its intended output (or
goals and objectives). According to Richard et al (2009) organizational
performance encompasses three specific areas of firm outcomes (a)
Financial performance (b) product market performance (c) Shareholder
return.
CHAPTER TWO
REVIEW OF RELATED LITERATURE
2.0 INTRODUCTION
This
chapter gives an insight into various studies conducted by outstanding
researchers, as well as explained terminologies with regards to the
impact of management by objectives on employee performance.
The
chapter also gives a resume of the history and present status of the
problem delineated by a concise review of previous studies into closely
related problems.
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ABSRACT - [ Total Page(s): 1 ]The research progress a detail analysis of the concept of management by objective and portrays its impacts an organization performance. It elucidates the structure of management by objective through the systematic and organized approach that allows management to focus on achievable goals and attain best possible results from available resources. It provides detail analysis of organization performance measures as the overall central focus of management by objective. In-view of analyzing a practic ... Continue reading---
