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Action Planning & Management by Objectives

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Compare and contrast action planning with Management by Objectives. How can MBO help improve the implementation of strategy?

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The solution compares and contrasts action planning with Management by Objectives (MBO) and it also explains how MBO can help improve the implementation of strategy. References are included.

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Compare and contrast action planning with Management by Objectives.

Management by Objectives (MBO) is a systematic planning of the things that need to be executed and implemented with the most effective action with the aim of achieving the goals of the organization. If the procedures are understood and there is proper implementation with the active leadership of managers, MBO can be effective in any size of organization. It is an effective strategic planning and execution system. It is also a team-oriented and a process-oriented planning system. In MBO, the goals are clearly defined, relatively few and long-term while objectives are numerous and short-term.

Action planning includes deciding who does what, when it is going to be done, and how it will be done with the main purpose of achieving the strategic goals of the ...

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