MANAGEMENT BY OBJECTIVES IN THE NIGERIAN PRIVATE SECTOR
MANAGEMENT BY OBJECTIVES IN THE NIGERIAN PRIVATE SECTOR
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Date
1998-06
Authors
ILIYASU, KURA
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Abstract
Management by objectives concept is a modern managemer. it
technique which has not being fully implemented in the
management technique of organisation in Nigeria, compared to
advanced countries like united State of America (USA) where
(MBO) has being practiced for decades.
Management by objectives has undergone many changes, it has
been used in performance appraisal, as an instrument for
motivating individuals, and, recently in strategic planning.
But there are still other managerial subsystems that can be
integrated into the MBO process; these include design of
organisational structure, portfolio management, management
development, career development, compensation programmes and
budgeting,
Data were collected through personal interview of some
senior officers of the bank with the help of some staff, it was
discovered that management by objectives is being partially
implemented in UBA.
It was also observed that because of frequent changes in
policy of the organisation subordinates that supposed to partake
in the formulation of objectives that should be accomplished are
not being given this chance. Therefore, objectives are set foy
the top management level and send down to lower manager to be
accomplished.
However, it was recommended that, as a way of motivation,
top management should incorporate the managers at different
level of the organisation in setting objectives to be achieved
by them.
Also, motivation, interms of other incentives that car, make
staff have a sense of belonging to the organisation was also
recommended.
It is hoped that it will serve as a spring board for
further researches in related fields,
Description
,BEING A PROJECT SUBMITTED TO THE
POSTGRADUATE SCHOOL AHMADU BELLO UNIVERSITY
IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR
THE AWARD OF THE DEGREE OF MASTER BUSINESS
ADMINISTRATION (MBA).
DEPARTMENT OF BUSINESS ADMINISTRATION
AHMADU BELLO UNIVERSITY, ZARIA.
JUNE, 1998.
Keywords
MANAGEMENT,, OBJECTIVES,, NIGERIAN,, PRIVATE SECTOR