Instead of every two years, a corporation should update its strategy implementation D. every five years.
Goal - Setting (MBO) is a tactical method for raising an organization's performance. It is a procedure wherein the management of the company clarifies and communicates to its members its goals with the idea of achieving each target.
Among the key advantages are: Improvements in management and employee communication. MBO calls for constant two-way communication to track progress toward goals. This offers several chances to make any discrepancies about individual duties and expectations clear and, if necessary, to change objectives.
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