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Management by
Objectives (MBO)
creates a link between
top
manager's
strategic thinking and
the
strategy's
implementation lower down. Responsibility for objectives is
passed from
the organization to its individual members. It is especially important for
knowledge-based
organizations where all members have to be able to control their own
work by feeding back from their results to their objectives.
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Work
Smart and
Hard
Management by objectives is
achieved through self-control, the tool of effectiveness. Today the worker
is a
self-manager, whose
→
decisions  are of decisive importance for
results.
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Results-based
Leadership
In such an organization,
management has to ask each employee three questions:
1. What should we hold you accountable for?
2.
What information do you need?
3.
What information do you owe the rest of us?
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