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Management by Objectives (MBO) became the height of corporate fashion in the late 1950s. Later, MBO evolved into strategic planning. In the face of relentless technological change, disruptive forces in industry after industry, global competition, and so on, planning seems like pointless wishful thinking.
Adapt to the new philosophy of the day; industries and economics are always changing. Eliminate MBO. These rare birds tend to operate outside of our norms and customers: They educate their employees differently; they collaborate differently across silos and divisions; they incentivize people in different ways.
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