This is an audio recording summarizing the American Management Association’s audio book, “Managing By Objectives.” This is a continuation of the discussion on the fifth chapter entitled “Setting Objectives.” The narrator begins by describing that managers must be set to judge their subordinate’s performance. He talks about ways to measure performance, such as: profit data, investment, salary, and budget control. He discusses the ways that specific goals help managers to interpret quantitative data. He talks about the importance of repetitive and routine tasks. He describes what to do in an emergency business situation. He ends the tape by saying that a manager should only take on a small number of personal objectives at a time.
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