Management by Objectives and Self-control

  • Living reference work entry
  • First Online:
The Palgrave Encyclopedia of Strategic Management
  • 351 Accesses

Abstract

When properly implemented, management by objectives and self-control is an effective philosophy of management. It has been used with positive results in both private and public service institutions. It does not substitute for sound management; rather, it provides the discipline and the process needed to achieve sound management. Management by objectives’ effectiveness depends on top management support, clear specifications of objectives and managers who are trained to implement it. Testimonial and empirical evidence supports these claims.

This entry was originally published on Palgrave Connect under ISBN 978-1-137-49190-9. The content has not been changed.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Institutional subscriptions

Similar content being viewed by others

References

  • Beatty, J. 1998. The world according to Peter Drucker. New York: Free Press.

    Google Scholar 

  • Dirsmith, M.W., J.B. Heian, and M.A. Covaleski. 1997. Structure and agency in an institutionalized setting: The application and social transformation of control in the Big Six. Accounting, Organizations and Society 22: 1–27.

    Article  Google Scholar 

  • Drucker, P.F. 1942. The future of industrial man. New York: John Day Company.

    Google Scholar 

  • Drucker, P.F. 1946. Concept of the corporation. New York: John Day Company.

    Google Scholar 

  • Drucker, P.F. 1954. The practice of management. New York: Harper & Row.

    Google Scholar 

  • Drucker, P.F. 1976. What results should you expect? A users’ guide to MBO. Public Administration Review 36: 12–19.

    Article  Google Scholar 

  • General Electric. 1953. Professional management in general electric: The work of a Professional Manager. New York: General Electric Co.

    Google Scholar 

  • Greenwood, R.G. 1981. Management by objectives: As developed by Peter Drucker, assisted by Harold Smiddy. Academy of Management Review 6: 225–230.

    Google Scholar 

  • Kanter, R.M. 1985. Drucker: The unsolved puzzle. New Management 2: 10–13.

    Google Scholar 

  • Rodgers, R., and J.E. Hunter. 1991. Impact of management by objectives on organizational productivity. Journal of Applied Psychology 76: 323–336.

    Article  Google Scholar 

  • Tarrant, J. 1976. The man who invented the corporate society. New York: Warner Books.

    Google Scholar 

  • The Economist. 2009. Management by objectives. Available at http://www.economist.com/node/14299761. Accessed 2 Feb 2012.

Download references

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to Joseph A. Maciariello .

Editor information

Editors and Affiliations

Copyright information

© 2016 The Author(s)

About this entry

Cite this entry

Maciariello, J.A. (2016). Management by Objectives and Self-control. In: Augier, M., Teece, D. (eds) The Palgrave Encyclopedia of Strategic Management. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-94848-2_165-1

Download citation

  • DOI: https://doi.org/10.1057/978-1-349-94848-2_165-1

  • Received:

  • Accepted:

  • Published:

  • Publisher Name: Palgrave Macmillan, London

  • Online ISBN: 978-1-349-94848-2

  • eBook Packages: Springer Reference Business and ManagementReference Module Humanities and Social SciencesReference Module Business, Economics and Social Sciences

Publish with us

Policies and ethics

Navigation