article thumbnail

Planning a successful MBO?

Strategy Driven

An MBO or MBI can give you the opportunity to step up from senior manager to business owner. How do you plan a successful MBO? What is an MBO and why might a business go for a MBO. When a business is purchased by the management team within the company by borrowing funds, this is referred to as a Management-Buy-out (MBO).

MBO 132
article thumbnail

How VC John Doerr Sets (and Achieves) Goals

Harvard Business Review

Andy had created this system for goal setting that was deceptively simple, but also the polar opposite of the conventional management by objectives (MBO) systems, which tend to be top down, hierarchical, annual, and linked to compensation. It’s whatever we as a team agree deserves special attention, and it really matters.

Goal 8