MBF, MBO, MBWA concepts, 7 habits and TQM concepts ppt. attached
ARUN PRASAD
Management by Walking Around
To get connected and stay connected, you need to walk around and talk to your team, work alongside them, ask questions, and be there to help when needed. This practice has been called Management By Wandering Around (or Management By Walking About) – MBWA for short.
William Hewlett and David Packard, founders of Hewlett Packard
(HP), famously used this approach in their company. Tom Peters, in
his wildly successful 1982 book "In Search of Excellence,"
included lessons learned from HP and other companies that used a
similar style – and the term MBWA immediately became popular.
Management by Fact
Organizations depend on the measurement and analysis of performance. Such measurements should derive from the organization's needs and strategy, and they should provide critical data and information about key processes and results.Management by Objectives;
a system that seeks to
align employees' goals with the goals of the organization. This ensures
that everyone is clear about what they should be doing, and how that is
beneficial to the whole organization. It's quite easy to see why this
type of managing makes sense – when the parts work in unison the whole
works smoothly too. And by focusing on what you're trying to achieve,
you can quickly discriminate between tasks that must be completed, and
those that are just a waste of valuable time.
Management by Objectives was introduced by Peter Drucker in the 1950s and written about in his 1954 book, The Practice of Management