Management by Objectives
• Objectives were defined as the important ends toward which organizational and invidividual activities are directed. • Verifiable objectives; that is, at the end of the period it should be possible to determine whether or not the objective has been achieved. • Clear and verifiable objectives facilitate measurement of the surplus as well as the effectiveness and efficiency of
The Nature of Objectives • A Hierarchy of Objectives • A Network of Objectives • A Multiplicity of Objectives
A Hierarchy of Objectives