ENLIGHTENED MANAGEMENT SYSTEMS AND NARRATIVES

A lot can be said for the popular Management by Objectives management system that operates on the principle of SMART goals. However, organisations interested in developing employee motivation around service-oriented performance will do well to combine the Objectives and Key Results and Management by Missions management systems to achieve their goals.

by John Almandoz and Carlos Rey

New management systems emerge regularly, bringing with them innovative and promising ideas that can make a difference in the productivity of an organisation and the meaning employees experience at work. Management systems define how an organisation manages the interrelated parts of its business to achieve its goals. As they are linked to a variety of practices around the organisation, those management systems, in the end, develop a cultural narrative that ends up being taken for granted and spread, often unconsciously, by the members of the organisation. Probably, the most pervasive management system in our contemporary business world is Management by Objectives (MBO). For more than five decades, MBO has spread the SMART (Specific, Measurable, Achievable, Relevant and Time-bound) principles to companies around the world. Two recent examples of management systems that…

You're reading a preview of

The European Business Review (Digital) - 1 Issue, November/December 2023

DiscountMags is a licensed distributor (not a publisher) of the above content and Publication through Zinio LLC. Accordingly, we have no editorial control over the Publications. Any opinions, advice, statements, services, offers or other information or content expressed or made available by third parties, including those made in Publications offered on our website, are those of the respective author(s) or publisher(s) and not of DiscountMags. DiscountMags does not guarantee the accuracy, completeness, truthfulness, or usefulness of all or any portion of any publication or any services or offers made by third parties, nor will we be liable for any loss or damage caused by your reliance on information contained in any Publication, or your use of services offered, or your acceptance of any offers made through the Service or the Publications. For content removal requests, please contact Zinio.