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The content discusses the impact of Management by Objectives (MBOs) in companies like HP, where they led to a significant increase in productivity. However, it also highlights some limitations of MBOs, such as the slow dissemination of centrally-planned goals, the need for frequent updates to prevent stagnation, and the potential for penalizing risk-taking when MBOs are tied to salaries.

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Summarized chapter 5 of measure what matters

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Chapter 5 of "Measure What Matters" discusses the concept of Objectives and Key Results (OKRs). It explains how traditional Management by Objectives (MBOs) had limitations such as slow implementation, stagnation without frequent updates, and discouragement of risk-taking due to salary ties. The chapter then introduces OKRs as a more dynamic, flexible, and risk-encouraging alternative to MBOs. OKRs focus on setting clear, measurable goals and tracking progress towards them, fostering a culture of transparency and accountability.

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Measure What Matters

Expounding upon our recent Objectives & Key Results presentation, we bring you more insights on how...

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