Problem
You are a newly promoted HR manager for a company that manufactures a variety of kitchen appliances. As the HR Manager, you have been asked to implement a Management by Objectives (MBO) program. This program is new to the organization and must be implemented within six months. The HR Executive has asked you to prepare a report to outline how you plan on rolling out this program. The report should include the information below:
1. Using the steps of the MBO process, explain how you would go about implementing MBO at this company.
2. List three advantages of implementing MBO.
3. List three reasons why MBO may fail within an organization