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Management textbooks mention that a mission statement should be inspiring and motivating from the ordinary employee through Management to the Board. Although there are good mission statements out there, there is an awful lot of poor ones. Inspiring is not exactly the impression one gets when reading many mission statements from strategic plans. Continue reading...

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Strictly speaking results based management (RBM) is another phrase for management by objectives (MBO), which was spearheaded by Peter Drucker in the nineteen fifties. It has also come to be known by other names such as performance based management (PBM). MBO is a comprehensive and systematic managerial approach that is sharply focused on the effective and efficient achievement of organizational objectives. Continue reading...