Whether I am organizing project management or I need help organizing my life, Management by Objectives (MBO) is as viable today as it was when Peter Drucker introduced it to the world in the 1950s. MBO has been refined a bit over the years, but it is still a straight forward, simple way to bring order out of chaos in your life or in your project.
Drucker told us to know what we wanted to accomplish and define the steps necessary to accomplish our goals. We are to break down our goals into actions steps that can be accomplished in less than a month and which will guide our team step by step to accomplish our goal.Those small steps Drucker called our objectives. Management by Objectives is not only a guide to accomplishing our goals, it is motivational because each objective you check gets you one step closer to your goal.
MBO can organize our lives, our vacation or a trip to the moon. As a matter of fact, MBO was a vital tool in guiding our trips to the moon. Find out more.