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Objectives and key results (OKR, alternatively OKRs) is a goal-setting framework used by individuals, teams, and organizations to define measurable goals and track their outcomes. The development of OKR is generally attributed to Andrew Grove who introduced the approach to Intel in the 1970s [ 1 ] and documented the framework in his 1983 book ...
Management by objectives (MBO), also known as management by planning (MBP), was first popularized by Peter Drucker in his 1954 book The Practice of Management. [1] Management by objectives is the process of defining specific objectives within an organization that management can convey to organization members, then deciding how to achieve each objective in sequence.
KPI information boards. A performance indicator or key performance indicator (KPI) is a type of performance measurement. [1] KPIs evaluate the success of an organization or of a particular activity (such as projects, programs, products and other initiatives) in which it engages. [2]
S.M.A.R.T. (or SMART) is an acronym used as a mnemonic device to establish criteria for effective goal-setting and objective development. This framework is commonly applied in various fields, including project management, employee performance management, and personal development.
It describes many of the management and productivity concepts that Grove used at Intel, such as the objectives and key results (OKR). High Output Management never reached best seller lists during the 1980s or 1990s, but became a cult classic within Silicon Valley decades later and is frequently praised for its influence by tech founders such as ...
The management by wandering around (MBWA), also management by walking around, [1] refers to a style of business management which involves managers wandering around, in an unstructured manner, through their workplace(s) at random, to check with employees, equipment, or on the status of ongoing work. [1]
By pointing out critical areas for reform, and encouraging private and public sector participation in the fight against corruption, the survey proved to have a powerful impact on the conduct of business and economic growth in the Philippines and proved to be an important tool in raising consciousness about the costs of corruption, in advocating ...
Performance management is popular among public and private businesses. Some managers view key performance indicators (KPIs) as a way to increase the effectiveness of their management strategies. KPIs are predetermined, interrelated targets given to members of staff, to help them in achieving the broader objectives of the business. [ 12 ]