What is the second step in management by objectives?
a. the manager and employee jointly set objectives for the employee.
b. the manager develops an action plan.

Respuesta :

The Correct Option is : The manager and employee jointly set objectives for the employee is the second step in management by objective.

What Is Management by Objectives (MBO)?

Management by objectives (MBO) is a strategic management model that aims to improve the performance of an organization by clearly defining objectives that are agreed to by both management and employees.

According to the theory, having a say in goal setting and action plans encourages participation and commitment among employees, as well as aligning objectives across the organization.

Management by objectives outlines five steps that organizations should use to put the management technique into practice.

  • The first step is to either determine or revise organizational objectives for the entire company. This broad overview should be derived from the firm's mission and vision.
  • The second step is to translate the organizational objectives to employees. In 1981, George T. Doran used the acronym SMART (specific, measurable, acceptable, realistic, time-bound) to express the concept.
  • Step three is stimulating the participation of employees in setting individual objectives. After the organization's objectives are shared with employees, from the top to the bottom, employees should be encouraged to help set their own objectives to achieve these larger organizational objectives. This gives employees greater motivation since they have greater empowerment.
  • Step four involves monitoring the progress of employees. In step two, a key component of the objectives was that they are measurable for employees and managers to determine how well they are met.
  • The fifth step is to evaluate and reward employee progress. This step includes honest feedback on what was achieved and not achieved for each employee.

Therefore, we can conclude that the correct option is A.

Learn more about Management by Objectives (MBO) on:

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