Manage Yourself By Objectives

June 1st, 2020 by Shaun McNerney Leave a reply »

As a business owner / manager you have a responsibility to ensure that your employees are productive and happy. Management By Objectives (MBO) is a well known and widely adopted method. While MBO is not perfect, MBO does help to set expectations and goals – attributes of a great working environment.

I think you should practice what you preach. When I talk with new entrepreneurs, I strongly suggest that they start by implementing MBO for themselves.

There are many aspects and complexities to MBO. Here is my simplified MBO checklist.

  1. Define your goals.
  2. Define your key results.
  3. Evaluate your strengths and weaknesses.
  4. Determine a course of action.
  5. Budget your resources (time personnel, and capital).
  6. Determine completion date.
  7. Write down your plan.
  8. Monitor results.
  9. Implement rewards.

Start managing yourself by objectives today. This is an easy way to improve your productivity and happiness.

Shaun McNerney


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