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Pretty Bhalla, Lovely Professional University Unit 6: Management by Objectives and Styles of Management

Unit 6: Management by Objectives and Notes
Styles of Management

CONTENTS
Objectives
Introduction
6.1 Core Concepts of MBO
6.1.1 Setting Objectives

6.1.2 Characteristics of Management by Objectives
6.2 Process of MBO
6.2.1 Defining the Goal
6.2.2 Action Plan
6.2.3 Final Review
6.3 Benefits of Management by Objectives
6.4 Limitations of Management by Objectives

6.5 Management by Exception
6.6 Styles of Management
6.6.1 American Style of Management
6.6.2 Japanese Style of Management
6.6.3 Indian Style of Management
6.7 McKinsey’s 7-S Model
6.8 Self-management
6.8.1 Hierarchy of Self-concepts
6.8.2 Pattern of Development

6.9 Summary
6.10 Keywords
6.11 Self Assessment
6.12 Review Questions
6.13 Further Readings

Objectives

After studying this unit, you will be able to:

Discuss management by objectives and management by exception
Describe different styles of management
Explain McKinsey’s 7-S approach
State the concept of self-management

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