Friday, September 6, 2013

Elements of Delegation

Elements of Delegation:

The following are the three elements of delegation:

  1. Assignment of duties or responsibilities: This work is being done only at the time, when a superior has no time to accomplish all the work. The superior automatically assign the work to subordinates.
  2. Delegation of authority: If the work is assigned to any subordinate, there will be a need for to accomplish it.
  3. Accountability: Accountability means that the subordinate is answerable to his immediate superior. If the subordinates has not accomplished the work then superior is answerable to the management.

Delegation

Delegation is the process which enables a person to assign a work to others and delegate them with adequate authority to do it.



Other Definition of Delegation are
  1. According to Mc Farland, “Delegation is the primary formal mechanism by which the network of authority relationship established”.
  2. According to Hodge and Johnson, “A process whereby a superior divides his total work assignment between himself and subordinate manager or operative personal in order to achieve other operative and management specialization”.
  3. According to Terry, “conferring authority from the executive or organizational unit to another in order to accomplish particular assignment”.


Thursday, September 5, 2013

Management by Objective MBO

Management by Objective (MBO) 

MBO is a systematic and organized approach that allows management to focus on achievable goals and to attain the best possible results for available resources.

Management by objective aims to increase organizational performance by aligning goals and subordinate objectives throughout the organization. Ideally, employees get strong input to identify their objectives, timelines for completion, etc. MBO includes ongoing tracking and feedback in the process to reach objectives.

Management by objectives (MBO) is the process of agreeing upon objectives within an organization so that management and employees agree to the objectives and understand what they are in the organization.


The term management by objectives was first popularized by Peter Drucker in his 1954 book “The practice of Management”