Real Estate Articles Real Estate Articles Management by Objectives

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Property Articles Real Estate Articles Advantages of managing by objectives

D. Mouinis Shujaa

Dr.

The management schools have varied and multiplied during the last century until the present time and we often hear, especially in the business sector, the topic of management by objectives, which means that it is a management model based on identifying the highest strategic goals and then dividing those goals into intermediate goals according to the approved tactical or operational plan and the method of measuring performance according to that plan.

The application of this model is based on identifying the highest strategic goals and then dividing those goals into intermediate goals according to the approved tactical or operational plan and the method of measuring performance according to that plan. The application of this effective model of management aims to improve the performance of the facility's workers and seeks at the same time to achieve its objectives for which the commercial organization was established, and perhaps the advantage here in this management model is the ability and effectiveness of this model to activate the participation of workers in the facility and the sense of responsibility and create harmony among them.

Five steps to apply management by objectives:

I:Setting strategic goals

<This is the identification of goals according to the vision and purpose of the organization for which they are set.

Secondly: Distributing these goals in partnership with the relevant departments. <These strategic goals are broken down into small interim goals.

Thirdly: Include all employees in the planning

This is considered to be the most important factor. This is one of the most important strengths of managing by objectives so that employees are encouraged to develop the implementation plan according to the available possibilities.

Fourth

Fourth: Implementation mechanism

Once the individual and overall goals are approved, the implementation of the agreed upon plans is initiated and modified if necessary.

Finally.

Finally: Follow-up and performance evaluation

<Follow up on the progress of implementing the plan and evaluate the performance of employees according to the stage of achievement.

@MounesShujaa

Specialist in real estate finance and performance

Real Estate Articles... Real Estate Articles Advantages of managing by objectives