Management by Objectives (MBO) and Outcome Based Management Systems (OBMS): A Comparison

Praveen Vaidya

doi:10.36948/ijfmr.2023.v05i06.10864

Management by Objectives (MBO) and Outcome Based Management Systems (OBMS): A Comparison

Author(s)	Praveen Vaidya
Country	India
Abstract	Effective management is all about successfully achieving the long-term and short-term goals while guiding everyone towards the vision of the organization. However, it is easier said than done. It is a much more difficult task for any manager to achieve the goals set by the management system along with maintaining the balance between the management and employee satisfaction. The effectiveness of different styles of management adopted by an organization can be determined only by proper planning and a systematic framework that keeps the flow of work in check. It is inevitable to adapt the culture of change for any organization, and if failed to speed up with the pace of changing times, it will be left behind the race of improvement and growth, the businesses will stagnate and it may even die, But the transformation is always accommodated with the resistance to change, and teething troubles while people get used to new ways of doing things can wreak havoc. The change management process is the make-or-break challenge that will determine whether the implementation of change is successful or not. In this process the previous experiences and practices of management systems of various organizations and their various experimentation of change, their failure and success stories imprinted by many management thinkers may guide for the future decisions. Understanding the challenges faced by the organization, and proper research in the field one can set the objectives for the activities to undertake for the fulfilling the goals. MBO played its exemplary role since two three decades for the success of the organization, now management gurus are talking about OBMS to realize the organization goals. In the present article a comparison of MBO is made with the OBMS.
Keywords	MBO, OBMS, Comparison
Field	Business Administration
Published In	Volume 5, Issue 6, November-December 2023
Published On	2023-12-23
Cite This	Management by Objectives (MBO) and Outcome Based Management Systems (OBMS): A Comparison - Praveen Vaidya - IJFMR Volume 5, Issue 6, November-December 2023. DOI 10.36948/ijfmr.2023.v05i06.10864
DOI	https://doi.org/10.36948/ijfmr.2023.v05i06.10864
Short DOI	https://doi.org/gs98r6

View / Download PDF File

E-ISSN 2582-2160

doi

CrossRef DOI is assigned to each research paper published in our journal.

IJFMR DOI prefix is
10.36948/ijfmr

Downloads

Research Paper Format Copyright Permission Form and Undertaking Form Cover Page Vol 6 Isu 4 Cover Page Vol 6 Isu 3 Cover Page Vol 6 Isu 2

All research papers published on this website are licensed under Creative Commons Attribution-ShareAlike 4.0 International License, and all rights belong to their respective authors/researchers.

CC-BY-SA

About IJFMR Fees & Payment Current Issue Publication Archive	Submit Research Paper Track Submission Status Publication Guidelines Publication Ethics Peer Review & Plagiarism	Join as a Reviewer Editors & Reviewers Reviewer Referral Program Get Reviewer Membership Certi.	Website/Journal Policies Usage Policy Content Policies Privacy Policy

Contact Us		+91-9898-5948-55	editor@ijfmr.com

International Journal For Multidisciplinary Research

A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

Management by Objectives (MBO) and Outcome Based Management Systems (OBMS): A Comparison

Share this