EFFECT OF MANAGEMENT BY OBJECTIVES ON ORGANIZATION PERFORMANCE (A CASE STUDY OF VITAMALT PLC)

EFFECT OF MANAGEMENT BY OBJECTIVES ON ORGANIZATION PERFORMANCE (A CASE STUDY OF VITAMALT PLC)

ABSTRACT

As against conservative nature of some organization managers prior to the introduction of MBO organization had become more flexible and fill with risk as they now engage in imprudent and unprofessional activities in other to execute there formulated goals. These activities led to kluge losses, distress syndrome, low morale, conflict, poor communication and lack of control leading to eventual collapse of the organization.

Without doubt, the importance of MBO as an effective strategy for achieving organization goals cannot be overemphasized. What is more important is the attitude of managements in following the (aid down procedure of an effective and efficient principles of MBO so as to maintain a sound organization system. It had been !toted that one of the major phenomenon distress is poor labour management relation.      Which common among the distress organization.

TABLE OF CONTENTS

CHAPTER ONE

INTRODUCTION

1.1        Background to the Study

1.2        Purpose of Study

1.3        The Objectives of the Study

1.4     Significance of Study.

1.5     Statement of Problem

1.6     Scopes and Limitation

1.7     Statement of Hypotheses

1.8     Definition of Terms

CHAPTER TWO

LITERATURE REVIEW

2.0     Introduction

2.1     Management by Objectives (MBO)

2.2     The MBO

2.3     Participation and Freedom of Action

2.4     Stages, Principles, Advantages and Disadvantages of Management by Objectives System

2.5     Criticisms and Limitations of MBO

2.6     Guidelines That Will Make MBO Work

2.7     Benefit of MBO

2.8     Summary

CHAPTER THREE

RESEARCH METHONOLGY

3.0     Introduction

3.1     Design an Approach

3.2     Determination of Sample Size

3.3     Sources of Data Collected

3.4     Method of Data Analysis

3.5     Field Work Experience

3.6     Field Work Experience

CHAPTER FOUR

DATA PRESENTATION AND ANALYSIS

4.1     Introduction

4.2     Test of Hypothesis

CHAPTER FIVE

SUMMARY, CONCLUSION AND RECOMMENDATIONS

5.1     Summary

5.2     Conclusion

5.3     Recommendation

Bibliography

CHAPTER ONE

INTRODUCTION

1.1   BACKGROUND TO THE STUDY

At the survival of any organization, there must be deliberate grand plan for achieving present and future goals and objectives, in which the organization must be strategic about, such actor, otherwise it would affect organization at large.

To formulate and implement organization objectives into a practical planning target that would not fail in respective of the organization.

BUDGETING could be adopted, but a more effective alternative system applicable would `MBO” management by objective, although to establish a system of MBO calls for a lot of efforts and participative approach to decision making by management and subordinate (MBO) is a process through which individuals in an organization works together to identify goals and objective and to coordinate these effort in attaining initially development in the 1950s, MBO has gone from being a fund in. the 1960s,and early 1970 to failing to into disrepute in many organization in the 1980s and 1990s, yet, as most research has indicated, it is the way in which MBO is usually implemented that created problems rather than the idea of MBO it self.

EFFECT OF MANAGEMENT BY OBJECTIVES ON ORGANIZATION PERFORMANCE (A CASE STUDY OF VITAMALT PLC)