International Journal of Advanced Multidisciplinary Research and Studies
Volume 3, Issue 2, 2023
Analysis and implementation of the concept of MBO and MBP at FLC Group in Vietnam
Author(s): Dinh Nguyet Bich, Nguyen Thi Thu Thao, Phan Thi Chieu My
In business how to be successful in the marketplace. That is a big question for managers in particular and Vietnamese managers in general. So the question is how managers should make the most of their creativity in their work in order to achieve their goals and be most effective. In Druke's view, every business is a social system in which the manager must make it clear to everyone what their business is and form a self-governing company, each of which will strive to improve their work and will see the benefits of what they are doing. Managers use the workforce scientifically, develop a management structure to a new level based on division of labor, specialization of functional departments and delegation of management authority to people. labor. Those are the same managers needed, which is the key reason for goal management to become a decisive factor for the success of a business.
Keywords: MBO, MBP, FLC, Vietnam
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