Can MBO be applied in the traditional Chinese society?
This paper is organized into these main parts. The first part is concerned with the definition of Management By Objectives (MBO). In the second part is intended to advantages and disadvantages of MBO. In the third part, I shall analyze to you whether MBO can apply the Chinese society. The aim of this paper is to show that MBO is not universal application in all company especially in the Chinese society. Management by objectives (MBO) is the process that organizational objectives are segmented into objectives for individual employees. Superior and subordinates meet and jointly agree subordinates’ job specifications and goals, preferably in quantitative terms. Management by objectives supposedly motivates employee through involving them develop their individual careers. Subordinates who exceed their targets might experience a sense of satisfaction in their achievements, and the causes of success can be isolated, analyzed, and applied else. (Bennett,1991, p.203) If an organization applies MBO in its planning, it can enjoy advantages brought from MBO. At the same time, it should also accept disadvantages of MBO.
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Approximate Word count = 1163
Approximate Pages = 5 (250 words per page double spaced)
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