Political Science · Public Administration
UGC NET August 2024 Political Science
Management by Objectives was the key idea put forward by Peter Drucker in which of the following works?
AManaging for Results
BThe New Society
CThe Frontier of Management
DThe Practice of Management ✓ Correct
Correct answer: (D) The Practice of Management — Drucker put forward management by objectives in 'The Practice of Management', so that is the answer.
Explanation
★Drucker put forward management by objectives in 'The Practice of Management', so that is the answer.
★This book was published in 1954.
★Management by objectives, or MBO, sets clear and achievable goals that align with the organisation's aims.
★Managers and subordinates agree on objectives together, which improves communication and accountability.
★Performance is then judged against these jointly set objectives.
★The idea became a foundational tool in modern management practice.
★'Managing for Results', 'The New Society' and 'The Frontier of Management' are other Drucker works, but MBO was introduced in 'The Practice of Management'.
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