Teamwork and cohesion are key components in a successful business. If the management and employees respect each other and work towards mutual goals, the business is likely to turn a profit and keep ...

Examples from the Field We asked industry experts to share how their companies handle performance management in a way that ...

Management by objectives is a technique applied primarily to personnel management. In its essence it requires deliberate goal formulation for periods of time (like the next calendar or business year); ...

More than 520 years ago, Christopher Columbus discovered the new world. Not that it was the New World he was really looking for, but it was the best he could do at the time. Let me suggest that a part ...

I was speaking recently with a friend who was relatively new to his job and was confused: He had two major project responsibilities with deadlines approaching, didn't have adequate time to complete ...

When someone raises an issue without a solution, ask exploratory questions rather than dismissing the concern. Share stories of failures in leadership meetings, focusing on what was learned. Allocate ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. You may have heard about objectives, goals and such, but what are OKRs? OKRs stand for ...

All firms that perform accounting or attest engagements must have their new quality management system in place by Dec. 15, 2025. These new standards require firms to develop quality objectives around ...

Despite the fact that the concept of management by objectives (MBO) has by this time become an integral part of the managerial process, the typical MBO effort perpetuates and intensifies hostility, ...