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Management by Objectives - MBO - Benefits of MBO - Edupedia

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  Management by Objectives (MBO):  The top level management of the organization sets the main objective of the organization to employee through a technique which is named as Management by Objectives (MBO). In MBO the goals and objective of the organization are defined and conveyed to all level of the employees. By this technique everyone in the organization is well known about the goals of the organization and have clear pathway about what to do and how to do. So this might be help full for collaborating and connective with each other for increase in productivity. Definition: Management by Objectives (MBO) is a technique of performance evaluation in which the management sets the goals of the employees for a specific time and measure the efficiency of the employees.   Management by Objectives (MBO)             Management by objective is a technique in which employees are usually assigned a specific task to work on it and complete the task. The management of the organization

Functions of Management - POSDCORB - Edupedia

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  Management: Management is considered as key to success of the organization and has most crucial roles in guiding the work force towards the goals. It also plays some vital roles in decision making process. So, the management consists of the intellectual personals that are competitive to their allocated jobs and plays a key role in the administration of the organization. Definition:             Management is the set of the principles related to the planning, organizing, controlling and directing the matters of the organization. Functions of management:             Management performs numerous functions in different disciplines within the organization and outside the organization. The functions of the management contains managing the different affairs and matters for proper functioning   of the human and financial resources of the organization which leads to get objectives of the organization . The functions of the organization are comprised in a simple term, famously know

Administrative Law - Objectives of Administrative Law - Edupedia

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  Administrative Law:             Administrative law is the set of rules, regulations and procedures to administrate the public in a society. The term " Administrative law " has not universally accepted definition. But rationally, it is held to cover and define the power and duties of the people engaged in  administration . It also defines the relation of the public sector within the department as well as outside the department. Moreover, it defines the relation of public sector officials with the governmental and non governmental bodies. The rights and duties of the public sector officials also lie under the umbrella of administrative law. In a complete sense, Administrative law is complemented by constitutional law, which is most time organized by the national legislation. There are three main bodies of administrative which are responsible and authorities with the power of administrat ing and execution of policies. Legislation: The functions of the legislative are

Functions of Human Resource Management - HRM functions - Edupedia

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  Human Resource Management: Human resource management (HRM) is the practice of recruiting, hiring, deploying and managing an organization's employees. HRM is often referred to simply as human resources (HR).   Click ! Detailed Concept and Objectives of HRM Key Functions of Human Resource Management ·         HR   planning ·         Policy formulation ·         Recruiting ·         Performance management ·         Training & development ·         Compensations & Rewards and recognition ·         Health and safety ·         Human Resource welfare ·         Organizational relations ·         Employee engagement ·         Compliance ·         Personal Well being Human Resource Planning: The basic and fundamental function of Human Resource department is to recognize the needs of the organization. How much numbers of human resources in various departments are needed? And what kinds of skills knowledge and abilities they should have. Effective planni