Philosophy of management by objectives (Management by objectives, MBO) is a method of translating the objectives of the company on operational activities, resulting in improved efficiency in the implementation of the established strategy.
Our goal is to provide solutions that through functionality and ease of use will contribute to the effective implementation of the philosophy of management by objectives in your company and full support of this process. Our system-PraxiMBO supports defining the purposes of MBO, billing purposes between superiors and subordinates, as well as control over these processes, regardless of the size of the organization.
PraxiMBO is a system that was developed by an advisory company on the basis of the lessons learned from implementation of the management philosophy by goals. Therefore, the functionality offered is a response to the practical needs of the company and its Board of Directors. However, what distinguishes the PraxiMBO system from other systems is the maximum ergonomics and efficiency, rarely seen in corporate solutions.
PraxiMBO is a highly customizable solution fully support process management by objectives. Available both in the form of the sale of the license with the ability to create a dedicated installation at the premises of the customer, as well as in the model of delivering services over the Internet (SaaS). Customer for a monthly fee has an access to the system PraxiMBO, supporting the processes of management by objectives via a Web browser.
Process supported by PraxiMBO
The functionality of the
Through the ergonomic Wizard the goals of both the employee and the manager can create a sheet of goals. There we have the different types of objectives and definition of instruments. The system supports the process of parallel, in which both sides present their proposals. Implemented the process also supports comments from both parties, the publication page versions and the final preparation of the worksheet. Developed the objectives can be prepared for different time horizons. You have the following possibilities for determining the time ranges:
- target timely manner – to achieve a specific date for example. To carry out an information campaign for SMEs.
- the objective of the quarterly-billed on a quarterly basis eg. The amount of carried out presentation.
- the objective of the annual-in two variants: 1) applied only at the end of the year, for example. Getting an annual profit of the company at a certain level, 2) billed in quarterly cycle for example. Obtaining income from the sale of a certain level at the end of the year, billing is done on a quarterly basis, the sum obtained at the end of the year.
The system has a rich library and is equipped with an easy-to-use full-text search engine. The unique library purposes in PraxiMBO draws from years of experience consulting projects provider, implemented in various industries and allows you to build by the customer's own knowledge base in the form of historical purposes of workers at different levels of the organization.
The individual goals can be mutually combined on a cascade. This means that the strategy set by the Board for the directly subordinate managers affect job next level of managers and the entire structure of the company. This approach ensures consistency of goals and aspirations for the entire organization.
The process of contracting targets supported by PraxiMBO is easy and fast to implement. In the process of defining both the employee and the supervisor have the option of a proposal and their weights, however, is the superior approves the current sheet purposes in the process of contracting. Journal approval, blocking it for further editing and allows it to subsequent billing.
The system supports the definition of mandatory targets. Mandatory targets can not be deleted or modified, the system only permits to edit the specified parameters.
The final sheet purposes creates a contract between supervisor and employee. If you need to modify the system assists the process of creating a new worksheet, keeping previous versions. System will notify you if made change has an impact on other objectives, as well as the sheets will compare the versions of the worksheets in order to show the differences. It's also possible the withdrawal of the contractual purpose in recent years its duration, if, for objective reasons, it is not possible or does not have a business justification.
PraxiMBO in the context of the clearance of the purpose supports the process of the interaction between supervisor and employee in the form of the evaluation interview. The process of settling purposes is carried out similarly to the process of contracting purposes-evaluation is prepared in parallel by the Manager and the employee form for billing. Final approval is made by the superior.
PraxiMBO offers different methods for billing purposes:
- subjective assessment of Manager-used most often for quality objectives;
- the indicative assessment manual-used for the purposes defined number indicator;
- display auto-applied when the system automatically reads and clears numeric values through integration with external data sources.
Implementation and billing purposes is available in the form of visualization.
PraxiMBO system has built-in controls and procedures that will help your company succeed in the management by objectives. Transparent and cross-sectoral reports, insight into the structure of employees and in your own objectives will help managers and employees control the current implementation of the approved objectives and access to historical sheets provide additional information. Among the further control functions are available:
- alerts and email notifications about the necessity of the approval of the worksheet;
- inspection reports with a list of paying workers fixing sheets;
- inspection reports with a list of unused sheets after the prescribed period.