“Goal-Oriented Management”

"இலக்கு அடிப்படை முகாமைத்துவம்"

  • Yesu jayadillani Assistant Lecturer, Eastern University, Sri Lanka
Keywords: Management by Objectives (MBO), Peter Drucker, The Practice of Management, Management, Goal-Oriented Management

Abstract

Goal-oriented management, as a field of management science, is internationally recognized and offered under the term MBO (Management by Objectives). The concept of goal-oriented management was first introduced by Peter Drucker in 1954 in his book The Practice of Management. According to Drucker, “Any enterprise requires a managerial philosophy. This managerial philosophy must inspire confidence in the individual, assign responsibilities, and at the same time provide direction and focus for collective effort. It should establish teamwork and align both organizational goals and individual goals.” The only philosophy capable of achieving this is goal-oriented management.

Based on this philosophy, Drucker emphasizes four key principles:

  1. Individual skills and responsibilities
  2. Alignment of individual and organizational goals
  3. Group or team activities
  4. Harmony between organizational and individual goals

These four principles are essential not only for the success of business ventures but also for achieving effectiveness in educational and other organizational initiatives.

References

Yesujayadillani. (n.d.). Goal-oriented management. Eastern University, Sri Lanka.
Drucker, Peter. (1954). The Practice of Management.
Management by Objectives (MBO). (n.d.). Principles and applications.
Management texts. (n.d.). Organizational theories and practices.
Goal-Oriented Management studies. (n.d.). Implementation in organizations.
Published
2018-01-01
Section
Articles