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What is Goal Setting vs. Planning Approaches about?

Planning involves setting goals and developing plans to achieve those goals. There are different approaches to setting goals, including traditional top-down goal setting where top managers define goals and cascade them down the organization. Alternatively, Management By Objectives (MBO) involves setting mutually agreed upon goals between managers and employees. When developing plans, managers must consider contingencies like their level in the organization, environmental uncertainty, and commitment timefram

Author

UYEN Pham Thuy Phuong

Language

EN