Case Study Using Management By Objective

An organization’s strategic planning, development, and implementation are governed by the company’s vision; how the company founders and current executives envision the growth, longevity, and output of the organization, what

Every company or organization must develop a mission and vision statement in order to have a good strategic management process. So the organization or the company must define their vision and mission statement in a clear way (Aguinis, 2013). When the vision and the mission statements are clearly defined the managers can set up the strategic goals and targets that are aligned with the company or organization goals for the long-term. The company managers can restate these goals into an operational strategy that can be enforced, evaluated and observed (Thompson, 2017).

Linking the two gives all managers and employees a clearer understanding of strategic goals. This understanding, in turn, leads to greater support for goals, better coordination of tactics, and, ultimately, to stronger companywide performance. Companies that apply best practices find that communication plays an important role in creating this link.

Achieving the general objectives of the organization according to the requirements of the management by applying a clear plan.

The strategic planning process begins by reviewing the organizations mission, vision and values. Clarifying the mission, vision, and goals at the beginning strategic planning process can help align fragmented entities (2 p. 293). The mission statement identifies the organizations reason for existing and how it is unique in comparison to other organizations (A p. 294). It is a short, concise and clear statement that serves as a rallying point for the organization (4 p. 752). The mission provides clues about the types of services that can be expected from the organization (A). Failing to check new projects against the mission can cause an organization to get into trouble (A p. 294).

According Vermeulen, most new strategies are implemented. One of the chief reason for lack of implementation of these strategies is that ‘’ new strategies’’ are usually not strategies at all. A real strategy involves a clear set of choices which define what the organization is going to execute and those which isn’t going to execute. Therefore, most strategies are never put into actions despite the ample efforts of hard-working individuals since they doesn’t represent a set of clear choices (Vermeulen, 2017). To improve your strategy you must ensure that there is a clear communication of the strategy to the implementers who are the employees as well as all the people in the enterprise. Communicating your logic will be very important in answering some of the ‘’why’’ questions that your employees have. Answering such questions will help in persuading the employees that the new strategy is valuable. For effectiveness of the strategy, it should be issued from the top down and supported from the bottom up. This means that lower-level workers must be empowered so that they can think of their own initiatives to realize the

212) Strategic plans will answer the questions “Where are we going?”; “What is the best means to get there?” Strategic plans are the most important aspect for the business because it will set the tone and framework for the entire organization. Strategic plans look at what the current environment the business is in, what are the capabilities of the organization, and the resources available for the business. With the strategic plans in mind, the business comes up with its vision and mission statement. All the other plans are supposed to get the business to the goals set by the strategic plans. (Solomon et al.,

Some organisations can communicate their strategy very well. They manage to communicate what they want to achieve and how they will achieve it. They get people motivated and

Strategic planning involves making decisions about the organization’s long-term goals and strategies and how the organization decides to implement their goals (Bateman, Snell, Konopaske, pg. 113). Strategies help organizations to have a clear perspective on how to go about accomplishing the goals they have in place. All organizations have a clear vision of what their mission and purpose as a company is, they know how to fulfill the mission, vision, and purpose and they know how to ensure that they accomplish all their goals. However, the route the organization takes to define these things determines how effective they will be.

According to Hrebiniak (2006), formulating a consistent strategy is a difficult task however implementing it is even more difficult. Noble, (1999b) suggested that strategy implementation is often seen as a craft, rather than a science.

It gives legal ground visible to competitors and customers. For the third importance of objectives, coordination; Objectives aligns the efforts of participants in the company towards the same goals. Douglas McGregor, a psychologist who served a short term as president of Antioch College & professor at MIT viewed that "In selling effective goals managers help members at all levels of the organization to understand how they can best active their own goals by directing their behavior towards the goals of the organization". Objectives not only set standards (benchmarks for success), but they also serve as motivators. Setting objectives, whether they be long or short term, they provide a standard for the company. In lack of better phrase, objectives "set the bar" for companies. So naturally, you are motivated to "clear the bar." Hence, objectives are motivators too. "According to Latham and Yuki goal specificity enables the workers to determine how to translate effort into successful performance by choosing an appropriate action plans." Plans: strategic, tactical, operational and contingency are the general types of plans. Strategic planning establishes long-term objectives and overall strategy or course of action by which a firm fulfill its mission. Tactical plans are short

One of the major problems facing secondary school administration in Nigeria has been the absence of appropriate and efficient guidelines for effective management. Some of the administrative management strategies have been based on a variety factors. While some have be based on set goals with no adequate information, others have been characterized by a high level of ignorance of administrative processes on the part of the administrators. The falling standard in education in the country is partly attributable to this poor administration of the secondary schools due to lack of specialized personnel with in-depth administrative strategies. This study is therefore aimed at addressing the deficiencies in the administrative process in the secondary schools through the application of the Henri Fayol’s managerial principles in the management of the secondary schools. A structured questionnaire was designed with the fourteen principles on which the opinion of the secondary schools stakeholders (Principals, Teachers, PTA and Educational Inspectors) was solicited. The tested instrument was then administered to a total of 3732 respondents selected through a stratified random sampling procedure across the six geopolitical

If an organizations purpose is not clearly defined, a well-designed strategy will not work. Ensuring that the organization has clearly defined mission statement will give light to the organizations purpose and provide a blueprint from which to construct a strategic plan. Businesses of all types establish their purpose to reflect their goals and direct all efforts to achieving them. Human resource managers must ensure that the organizations employees understand the mission and what is required of them to reach organizational goals. Employees that do not understand the mission of the organization will not feel as if they are a part of the team they will feel as if the goals are not theirs to achieve and there will be no esprit de corps among the employees and managers. Strategic planning is successful when

Management by Objectives (MBO) method involves setting specific measurable goals with each employee and then periodically reviewing the progress made.

A strategy is said to be a plan that is made for the long term success of a product or brand. It is extremely important to have a strategy in order to figure out a direction towards which any company is able to focus all its resources efficiently and achieve desired outcomes. Formulating effective strategies is a considerably long process in itself that combines analysing several factors, situations and issues that are already present in a company and looking to improve on them alongside trying to implement various innovations and ideas to collectively create a direction towards which they can move and direct the resources available to them.