HBR doubles down on MBO | lean manufacturing | Scoop.it
HBR, on its 90th anniversary, equates good management with having long-term goals with tough but achievable short-term performance targets, financial incentives to reward high performers and punish underperformers, and a monitoring system to rigorously collect and analyze performance data.
If you don't have these things, then, by definition, your company is badly managed. After conducting a worldwide survey, the article's authors concluded that, indeed, most companies are.
Management By Objectives, anyone? I thought we were moving past that debate.