Understanding MBO
This course gives practitioners what they need to introduce Management by Objectives (MBO), with a systematic method that runs from setting organizational goals to evaluating performance. In this intensive 2-hour program led by John Kim, CEO of Nanum Consulting, you will learn the core principles of an MBO system and how to apply them. Using a step-by-step goal-setting process and practical methods for designing performance indicators, you will build the skills to set up an effective MBO framework in your organization. The program covers the key points of running MBO that middle managers and team leaders need to know, so you can apply it on the job right away. The curriculum draws on training delivered to 50+ major corporations and institutions.
Who is this course for?
Well suited to team leaders and middle managers, and to leaders of organizations introducing an objective management system. The content is built for managers who struggle with performance management and goal setting, so they can apply it to their work right away.
What will you learn?
- Learning the fundamentals of MBO
Curriculum
- Peter Drucker: HR → CSR → MBO
- The concept of MBO (Management By Objectives)
- Executing MBO: Vision → Strategy → KSF → KPI
- KSF (Key Success Factor): concept and cases
- Setting KSFs: PEST, Five Forces, Mission, Vision
- KPI (Key Performance Indicator): concept and cases
- [ MBO ② ] BSC (Balanced Score Card)
- BSC (Balanced Scorecard): concept
- The four BSC perspectives: Financial, Customer, Internal, Learning & Growth
- BSC concept and key points
- Strategic goals: how to set them
- Strategic goal-setting template provided
- Overview of the MBO, KSF, KPI, and OKR frameworks
Expected results / After the course
- Stronger practical MBO skills
On-site training references
About the instructor
Related courses
We tailor this course to your company
From diagnosis to execution — Nanum Consulting
FAQ
Understanding MBO
An essential course for practitioners introducing Management by Objectives (MBO), covering a systematic methodology from setting organizational goals to evaluating
- Learning the fundamentals of MBO
- Stronger practical MBO skills
- Peter Drucker: HR → CSR → MBO
- The concept of MBO (Management By Objectives)
- Executing MBO: Vision → Strategy → KSF → KPI
- KSF (Key Success Factor): concept and cases
- Setting KSFs: PEST, Five Forces, Mission, Vision
- KPI (Key Performance Indicator): concept and cases
- [ MBO ② ] BSC (Balanced Score Card)
- BSC (Balanced Scorecard): concept
- The four BSC perspectives: Financial, Customer, Internal, Learning & Growth
- BSC concept and key points
- Strategic goals: how to set them
- Strategic goal-setting template provided
- Overview of the MBO, KSF, KPI, and OKR frameworks
