Archive | January 2016

News for January 31, 2016


Important News from The Hindu:

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News for January 30, 2016


Important News from The Hindu:

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Gujarat Control of Terrorism and Organized Crime (GCTOC) Sent Back Again


Gujarat Control of Terrorism and Organized Crime (GCTOC) Bill, 2015 came in news again recently after it was sent back by President Pranab Mukherjee, seeking clarifications on some of it’s provisions. The Bill has been in controversies and debates ever since it’s inception.

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GCTOC was earlier passed by the Gujarat Assembly on March 31, 2015. Interestingly, the Assembly retained the controversial provisions that were earlier rejected by the President. The Bill was first introduced in 2003 by the then Modi Government in Gujarat.

The Ministry has replied that it will soon submit a re-worked Bill for the approval of the President.

What are the Objection?

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News for January 28, 2016


Important News from The Hindu:

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Management by Objectives (MBO)


Management by Objectives (MBO) is a process of agreeing upon objectives within an organisation so that management and employees agree to the objectives and understand what they are. Management by Objectives (MBO) is a systematic and organised approach that allows management to focus on achievable goals and to attain the best possible results from available resources. It aims to increase organisational performance by aligning goals and subordinate objectives throughout the organisation. Ideally, employees get strong input to identify their objectives, time lines for completion, etc. MBO includes on going tracking and feedback in the process to reach objectives.

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MBO was first outlined by Peter Drucker in 1954 in his book ‘The Practice of Management’. In the 90s, Peter Drucker himself decreased the significance of this organisation management method, when he said: “It’s just another tool. It is not the great cure for management inefficiency … Management By Objectives works if you know the objectives. 90% of the time you don’t.”  According to Drucker, managers should “avoid the activity trap”, getting so involved in their to day activities that they forget their main purpose or objective. Instead of just a few top managers, all managers should: Participate in the strategic planning process, in order to improve the implement ability of the plan, and Implement a range of performance systems, designed to help the organisation stay on the right track.

Managerial Focus

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