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55,244 result(s) for "Management by objectives"
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Understanding the invention phase of management innovation: a design theory perspective
This paper aims at changing the perspective on management innovation by considering management innovations as managerial objects that come out of a design process. We choose Peter Drucker's invention of management by objectives and self-control as a case study. After reconstituting how precisely Peter Drucker came to invent MBO, we use formal design theory concepts to analyze how the concept of MBO was generated. We identify four key breakthroughs with respect to established management ideas and practices and we detect what earlier breakthroughs were necessary, so including the invention of MBO within the historical evolution of management concepts. Wediscuss the conceptual genealogy obtained and conclude on how a design theory perspective on management innovation could be generalized, how it could improve the way we tell the history of management thought andpractice and how we could better conceive and steer future management innovation processes.
Work from home arrangements and organizational performance in Italian SMEs: evidence from the COVID-19 pandemic
We use survey data on Italian small- and medium-sized enterprises collected during the COVID-19 pandemic to explore the relationship between the adoption of work from home (WFH) practices and organizational performance. In so doing, we investigate several dimensions of organizational performance, including measures of labor productivity and workers’ concentration and motivation, the level of absenteeism, the organization of work through management by objectives (MBO), and the presence of coordination and communication costs. We obtain several results. First, we find a significantly enhanced capability of firms that adopted WFH during the pandemic to sustain the overall organizational performance, particularly when such a work practice is used intensively. Less deteriorated labor productivity and workers’ concentration and motivation, decreased absenteeism, and a substantial rise in the adoption of MBO practices seem to be important aspects behind the detected benefits related to WFH. Third, when WFH is used at medium levels of intensity, it is associated with augmented coordination and communication costs, which nonetheless do not appear to overcome the benefits associated with WFH.
Effective Use of MBO in the Conditions of Slovak Companies
With the variability of the business environment, the various tools that have emerged during the formation of management to support its functionality have been flexibly changed, used, or interchanged. With emphasis on the level of strategic management, it is not only the right choice of strategy and its implementation, but also the use of adequate theory or method of strategy implementation. There is a whole range of such methods, including management by objectives (MBO) by P. Drucker, a pioneer in modern management. The paper focuses on the implementation and use of a management system according to objectives in Slovak companies. Based on the content analysis of available professional resources, it defines the theoretical basis of the researched issues and the basic principles that relate to the MBO method. The analytical part is a case study of a selected Slovak company, in which we analyze the current state of management using qualitative and quantitative methods. Subsequently, based on the main findings, we propose possible recommendations for more effective management according to the objectives of the surveyed company.
Activating the Method of Management by Objectives and its Impact on Institutional Performance: A Field Study for the Tax Directorate in the State of Mascara
This study aimed to identify the extent of the effect of activating the management according to the objectives method in improving institutional performance and to test the relationship between management In terms of dimensions (participation in setting goals, developing an action plan, periodic review, performance evaluation). To demonstrate this, we conducted a field study for the Tax Directorate in Camp Campus of a sample of 64 questionnaires, where the SPSS program was used in statistical processing and data analysis. In order to test the hypotheses, the simple and multiple linear regression method was used. The study concluded that there is no statistically significant effect at the level (α = 0.05) for the two dimensions (participation in setting goals, developing an action plan) on institutional performance, in contrast there is a statistically significant effect at Level (α = 0.05) for two dimensions (periodic review, performance evaluation) on institutional performance.
The integration between knowledge management and dynamic capabilities in agile organizations
Purpose The purpose of this paper is to describe and analyze how the integration between knowledge management and dynamic capabilities in contexts that demand organizational agility contributes to the management by objectives. Design/methodology/approach To achieve the proposed objective, the present paper adopts the single case study in the startup Effecti. For data collection, semi-structured interviews were carried out, analyzed a posteriori through the technique of content analysis. From the loads of evidence observed, a model was presented that consists of different management theories and that guides the management by objectives process of a startup. Findings The proposed model proves to be able to describe the modus operandi of a startup and enables it to develop the cycles of testing, measurement and seizure of knowledge, largely stimulated and inherent to the creation process of new businesses in dynamic and uncertain contexts. Practical implications It is expected that the research results presented in details can illustrate concrete examples of application of the main concepts: agile organization, dynamic capabilities, knowledge management, performance assessment, enterprise risk management and management by objectives. Originality/value The originality of this study is focused on the integration of conceptual triad and its application in the case study of a startup: agile organization, dynamic capabilities and knowledge management.
Strategic goal accomplishment in export ventures: the role of capabilities, knowledge, and environment
The management literature suggests that setting strategic goals facilitates the identification of appropriate business strategies and focuses management attention and available resources on their accomplishment, enabling subsequent goal realization. Yet the literature also indicates that firms often find it difficult to realize their strategic goals and may find it even more challenging to do so when operating in foreign markets. However, little is known empirically about the extent to which strategic goals enable desired strategic positions to be achieved and factors that may affect this relationship. We examine this important issue using primary data from a sample of exporting manufacturers. Results support the existence of previously theorized strategic goal–realized strategic position gaps and show that these negatively impact performance. Thus, simply setting strategic goals does not necessarily aid in accomplishing the desired outcomes, and any failure to do so is costly. Drawing on organization theory, we find that internal capabilities and knowledge, and external market factors play important roles in minimizing such strategic goal–realized strategic position gaps. Specifically, we show that businesses with stronger architectural capabilities, those with higher levels of internationalization, and those operating in less dynamic market environments are better able to realize their intended strategic objectives and thereby enjoy superior performance.
Do objectives and key results solve organizational performance measurement issues?
PurposeThis study aims to determine whether and how objectives and key results (OKRs) can be used to solve performance measurement issues encountered by organizations.Design/methodology/approachA total of 204 staff members from 26 Thai organizations that adopted OKRs were interviewed. Five senior executives and five operational staff members with experience using OKRs were selected from each organization. Content analysis was also performed.FindingsOKRs facilitate the acceptance of performance indicators and help solve issues of alignment between indicators and organizational strategies as well as improper target setting.Research limitations/implicationsThe results have limited generalizability because of the qualitative approach undertaken in the study. Further research can test whether the results hold true if OKRs are used for longer than six months.Practical implicationsThe results of this study can be used to help managers and employees set challenging targets, utilize their competencies and find a sense of relatedness, which can lead to organizational success.Originality/valueThis study is one of the first to thoroughly investigate the use of OKRs by adopting the self-determination theory (SDT) as the main theoretical framework.
Integrating the organizational change literature: a model for successful change
Purpose – The purpose of this paper is to contribute a roadmap to the change management literature, and provide definitions for describing change types, change enablers and change methods. This paper also proposes aligning the change type with the change method to find the effect on the change outcomes. New researchers can use this paper to get an overview of the change management discipline along with the main concepts that help in understanding the different dimensions of and relationships between the change types and methods in the literature. Managers can use this paper to describe and classify their organizational change situation and select an implementation method for systematic change and for change management. Design/methodology/approach – This framework is designed based on literature review and experts judgment. Findings – The results of the research propose a hypothesis that describes the relationships between the change types and methods and how this relationship can affect the change outcomes. Originality/value – The main contribution of this research paper is to connect three main knowledge areas of change types, change methods and change outcomes. These three areas are standalone subjects in several publications in the literature. Some researchers connected the change types and change methods, while other researchers connected the change methods and change outcomes. But connecting the change types, change methods and change outcomes remains a new research territory to explore.
Time management: presenteeism versus management-by-objectives
Purpose This study examined the actual productive hours of employees from the service sector in Ghana. Design/methodology/approach This study adopted an exploratory cross-sectional survey design. The purposive and convenience sampling techniques were used to identify the service organizations and recruited 520 employees in Accra for the study. Specifically, these respondents were workers from banks, insurance companies, auditing firms and oil and gas companies. The data were analyzed using frequencies and other descriptive statistics. Findings Results showed poor time management among the study organizations. It was reported that although most workers report to work as early as 6:30 a.m., they wait until 8:30 a.m. to commence the day’s work schedule. In addition, they start thinking of break at least 15 min before actual break time which decreases productivity. In addition, employees reported spending at least 30 min on break. They also added that, they start clearing the desks about 15 min before actual closing time and leave the office at exactly 5:00 p.m. Practical Implications This study shows that the physical presence of workers does not necessarily mean they are working. The study proposes an alternative way to increase productivity rather than relying on physical presence of the workers. Originality/value This study is among the few that empirically sought to explore the actual time that workers use in a day at work. Thus, it measured actual productive hours at of service employees in Ghana.