Evaluation of Management by Objective and Its Applications in Financial Institutions in Nigeria

Evaluation of Management by Objective and Its Applications in Financial Institutions in Nigeria

Project / Seminar Material
Reference ID: PS-14609-TM

DEDICATION

This research material titled “Evaluation of Management by Objective and Its Applications in Financial Institutions in Nigeria” is dedicated to God for his enabling grace, and to all computer enthusiasts who contributed to make life a pleasant experience during my research documentation.

ACKNOWLEDGEMENT

I extend my sincere gratitude to all those who contributed to the completion of this project. Special thanks to my Supervisor (Name of your Supervisor), the Head of Department (Name of your HOD), the Lecturers in the department of Business Administration and Management (BAM), Book Authors and Profound Scholars of existing or related project material on “Evaluation of Management by Objective and Its Applications in Financial Institutions in Nigeria” for their invaluable guidance, support, and expertise throughout the journey.

I am also grateful to your study area (mention any funding organizations, if applicable) for their financial assistance. This research would not have been possible without the encouragement and assistance of some stakeholders (mention any mentors, teachers, or colleagues). Additionally, I would like to acknowledge the understanding and patience of my family and friends during this endeavor. Your unwavering support has been a constant source of motivation. Thank you all for being part of this meaningful endeavor.

TABLE OF CONTENTS

PRELIMINARY PAGES

CHAPTER ONE

INTRODUCTION

    CHAPTER TWO

    LITERATURE REVIEW

    • 2.1 Introduction
    • 2.2 Conceptual Review
    • 2.3 Theoretical Framework
    • ⋮
    • 2.4 Empirical Studies

    CHAPTER THREE

    RESEARCH METHODOLOGY

    • 3.1 Introduction
    • 3.2 Research Design
    • 3.3 Population of Study
    • 3.4 Sampling and Sampling Technique
    • 3.5 Validation of Research Instrument
    • 3.6 Method of Data Collection
    • 3.7 Method of Data Analysis
    • 3.8 Questionnaire Administration
    • 3.9 Ethical Consideration
    • 3.10 Statistical Analysis

    CHAPTER FOUR

    DATA ANALYSIS, RESULT AND DISCUSSION

    • 4.1 Introduction
    • 4.2 Presentation and Analysis of Data
    • 4.3 Re-statement of Research Questions
    • 4.4 Test of Hypotheses
    • 4.5 Discussion of Findings

    CHAPTER FIVE

    SUMMARY, CONCLUSION AND RECOMMENDATION

    • 5.1 Introduction
    • 5.2 Summary of Findings
    • 5.3 Conclusion
    • 5.4 Recommendation
    • 5.5 Suggestion for Further Study

    REFERENCES

    APPENDIX A - “QUESTIONNAIRE”

    ABSTRACT

    This research was undertaken to evaluate the extent of application of management by objective programme in the operations of financial institutions in Nigerian – A case study of union Bank of Nigeria Plc. New market road Onitsha. Motivated by the low productivity and poor job attitudes of staff of the study area caused by the job – centred approach (management style) and personality trait appraisal system highly favoured by most of the managers, the research focused on how the effective implementation of management by objectives programmes in union Bank can reverse the trend for better performance, job satisfaction and self actualization.

    In the course of the study five major research question were formulated to guide the study.

    Data were collected by means of face-to-face, questionnaire blended with sparing interview. In the analysis of the descriptive answers to the questions the main techniques used was simple percentages.

    The findings revealed amongs other that employees are not always aware of the stated objectives:

    (a) That the essential elements and pilours of management by objectives programme such as planning, controlling and motivation are poorly handled.

    In conclusion, it was very evident that MBO is not effectively implemented and suggestions were made for improved application.

    Evaluation of Management by Objective and Its Applications in Financial Institutions in Nigeria

    CHAPTER ONE

    1.0 Introduction

    1.1 Background Of The Study

    Management by objectives and it’s application in financial Institutions in Nigeria will therefore focus on how the effective application of MBO programme will assist in motivating the staff of union Bank towards higher productivity and to reduce the urgly sceneries that are caused by dissatisfaction, at the place of work.

    Management by objectives (MBO) is one of the latest methods advocated by Peter Drucker as a technique of Management where by managers interact with their subordinates by directing, teaching and supporting them to achieve their individual objectives which leads to the achievement of the over all objectives of the organization.

    In the opinion of this prolific writer on management studies, the basic concept of MBO is that top executives and subordinate managers should all be involved in determing company objectives and define areas of responsibility, and integrate into them the goals of the employees. Such a goal congruency will help to elicit employee’s commitment will resultant increase in productivity.

    To be an efficient and effective worker means so many things the imperatives of which amongs others is that the workers is skilled, trained, willing, ables, is motivated intrinsically and extrinsically.

    In other words, a part from good remuneration, he has reasonable freedom for personal initiative at the work place.

    …

    CHAPTER TWO

    2.0 Literature Review

    2.1 Introduction

    This chapter focuses on the review of related literature. A literature review includes the current knowledge as well as theoretical and methodological contributions to a particular topic. It documents the state of the art with respect to the topic you are writing. It surveys the literature in the topic selected. In this research work the literature review includes the …

    Summary Headlines for Evaluation of Management by Objective and Its Applications in Financial Institutions in Nigeria