MAGNET : A Management tool

Mandi sir, as always infused another learning session into us through a very innovative method .




He brought a magnet........
Next question of Mandi sir was : What does a magnet do ?

Helpless by our habits,we engineer got into the the technicalities of it . But what sir wanted to hear was the very important word in management -->Alignment   












A magnet has the power to align magnet forces .
Any material with metallic atoms have the power to align itself according to the polarity .

By the same analogy a good manager align it employees to drive success for organisation .

This alignment calls for one the most important concept in management --> Management by objectives ,

Peter Drucker developed MBO, and published it in his 1954 book, "The Practice of Management." 

Using Management by Objectives with your team offers several benefits.

First, MBO ensures that team members are clear about their work and how it benefits the whole organization. It's easy to see why this type of managing makes sense: when the individual parts of an organization work well together, the whole operates smoothly and efficiently. By focusing on what you're trying to achieve, you can quickly distinguish between tasks that you must complete, and those that may not be worth your time.Implemented on a team level, MBO can be seen in many of the key techniques needed for effective team management, including team briefing, goal setting, performance appraisal, delegation, and feedback.

On an individual level, we all want to see our work as purposeful and meaningful, and MBO makes a clear link between individual effort and the organization's mission – this is great for our sense of purpose!