Episode A5.010 Monitor Progress on MBO

Introduction
IBGR.network is growing.  As of last week our reach was 119 countries which is 61% of the countries of the world.
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Today is show number 10 of the twelve week season. This week we are going to talk about management by objectives, our way of measuring the results from all the work we have done on our business during Stage 5. 

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Show Objectives
MBO - Management by Objective is the process we use to focus our resources to reach the goals we have set for the organization.. Goal setting, action plan, measurement

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Key Issues - ​Owner/Manager Perspective:

1. How does MBO work?
2. Who are the key people in the process?
3. How is our success measured? 

What You Need to Know

1. Setting the vision - one vision - one system
2. Setting your goals
3. Defining the team and their roles
4. Communicating to the entire team - cascading goal

What You Need to Do​
Shows
1.    Setting the benchmarks to measure results
2.   Monitoring measurements

• Previous: Episode A5.009 Suggest candidates for D&R (Development & Research) to create new products and services and/or new processes 
• Next: Episode A5.011 Prepare Financials for a Sell Now Plan & Next Plan 

Written by Ellen McIlhenny - CFO Plus Services  www.cfoplusservices.com