article thumbnail

Guest Blogger George L. Morrisey: Are You Ready for Strategic Planning?

leaderCommunicator

Do we have the necessary resources, knowledge, skill, and attitudes to successfully develop a strategic plan within the desired time frame? The development of a strategic plan is a serious undertaking. A pioneer in the process known as Management By Objectives (MBO), he wrote the first how-to book on MBO for managers in 1970.

article thumbnail

Balanced Scorecard - The Next Big Thing?

Six Disciplines

Developed at the Harvard Business School by David Norton and Robert Kaplan in the early 1990s, the Balanced Scorecard (BSC) represents the newest and most prolific performance measurement system since Total Quality Management (TQM) and Management by Objectives (MBO).

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Write SMART objectives & Goals

Rapid BI

How to write SMART Objectives and SMARTER objectives for business and personal development. SMARTER objectives form part of the MBO, Managing by objectives approach made popular by Drucker. Specific Stimulating Measurable Motivating Achievable Appropriate Realistic Relevant Time Timed.

article thumbnail

Managing Remote Employees: Lessons Ancient Rome and Today

Great Leadership By Dan

Unfortunately, his ideas were ruined by management consultants who turned “MBO” into a bureaucratic mess. Team development. Again, this is not a new concept - the management guru Peter Ducker wrote about it back in the 1950s in his book Management by Objectives. A shared purpose, goals, and value system.

article thumbnail

Planning Doesn’t Have to Be the Enemy of Agile

Harvard Business Review

The capacity and willingness of managers to plan developed throughout the century. Management by Objectives (MBO) became the height of corporate fashion in the late 1950s. Later, MBO evolved into strategic planning. Corporations developed large corporate units dedicated to it. The world appeared predictable.

Agility 15
article thumbnail

How Overfocusing on Goals Can Hold Us Back

Harvard Business Review

When made to seek novelty, his robots developed surprising and creative solutions to problems they could not previously solve. One of the most sacred texts in the business world is Peter Drucker’s classic, The Practice of Management , which introduced the concept of “ management by objectives ” (MBO).

Goal 8
article thumbnail

The Freelance Economy Still Runs on Word of Mouth

Harvard Business Review

But we’re not quite there yet, according to a new survey conducted for MBO Partners, which provides back-office services to independent workers — which it dubs “solopreneurs.” Yeah, I was with Lotus Development for a long time, mostly overseas. Overall, there are now an estimated 17.9 million last year and 15.9

MBO 10