Is management by objectives obsolete?

✍ Scribed by William F. Roth

• Publisher: Wiley (John Wiley & Sons)
• Year: 2009
• Tongue: English
• Weight: 85 KB
• Volume: 28
• Category: Article
• ISSN: 1932-2054
• DOI: 10.1002/joe.20266

✦ Synopsis

Abstract

Management by Objectives has been part of corporate dogma for many decades. But as its touted strengths rapidly become liabilities in the new global century, more empowering and flexible approaches sprout up as promising new models for performance management. The author examines the dampening effect Management by Objectives can have on creativity, teamwork, and the ability to respond to changes in the business. He also presents two cases of organizations that broke out of the mold: W.L. Gore and Associates' innovative approach to self‐managing teams and Bridgeport Paper Company's even bolder experiment, in which employees developed and implemented a team‐based organizational structure and team‐directed processes for decision making, hiring and promotion, training, performance management (without MBO), rewards, and cross‐team communication and integration. © 2009 Wiley Periodicals, Inc.