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. A business might decide in favour of a MBO for various reasons. How is an MBO funded?

MBO 109

The Weekly Independent: October 2, 2017

MBO Partners

News and notes for independent professionals and their clients. This is the October 2, 2017 edition

MBO 28

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Planning for Parental Leave as an Independent Contractor

MBO Partners

How self-employed professionals can create a successful parental leave plan

MBO 28

Write SMART objectives & Goals

Rapid BI

SMARTER objectives form part of the MBO, Managing by objectives approach made popular by Drucker. How to write SMART Objectives and SMARTER objectives for business and personal development. Specific Stimulating Measurable Motivating Achievable Appropriate Realistic Relevant Time Timed. SMARTER formatted objectives are of value in Performance Management as well as project management. SMART goal setting. The post Write SMART objectives & Goals appeared first on RapidBi.

2013 Independent Workforce Predictions [Infographic]

Women on Business

In a new infographic, MBO Partners shares five predictions for the independent workforce in 2013. The predictions from MBO Partners hit on a number of important factors, including government scrutiny of companies’ activities in working with independent workers, the rise of “just-in-time talent,” and the rapid growth of products and services targeted to independent workers.

MBO 184

Seven Steps to Start a Consulting Business

Chart Your Course

According to MBO Partners, a support service for independent consultants, boomers are a fast growing sector of the independent workforce. In its 2012 Independent Workforce Index, MBO Partners estimates that boomers account for around a third of all independent consultants. The baby boomer generation has been discussed, dissected and debated since its emergence in the mid-1940s.

1 in 2 Independent Consultants are Women [Infographic]

Women on Business

A new study from MBO Partners reports that 77% these women are satisfied and 74% plan on remaining in independent work. MBO Partners released an infographic that highlights all of the key findings about women independent consultants from the survey, which you can see below (click the image to view it at full size). Statistics show women are joining the growing independent consulting sector at a rapid pace.

Guest Blogger George L. Morrisey: Are You Ready for Strategic Planning?


A pioneer in the process known as Management By Objectives (MBO), he wrote the first how-to book on MBO for managers in 1970. This is not a facetious question. The process of strategic planning may be reduced to that of just another paperwork exercise unless it is launched with a clear understanding on the part of those involved concerning: How much time is required? How many and what types of meetings? How much preparation effort is required? What are the roles of team members?

Managing Remote Employees: Lessons Ancient Rome and Today

Great Leadership By Dan

Unfortunately, his ideas were ruined by management consultants who turned “MBO” into a bureaucratic mess. The Colosseum. ?This This post was recently published as a guest post on SmartBlog on Leadership : Question: What do these five “established” jobs: - Call Center Representative. Salesperson. Truck Driver. Writers. Consultants. have in common with these five jobs that didn’t exist 10 years ago?: - Virtual Assistant. Social Media Manager. Telework Manager or Coordinator.

MBO 201

Planning Doesn’t Have to Be the Enemy of Agile

Harvard Business

Management by Objectives (MBO) became the height of corporate fashion in the late 1950s. Later, MBO evolved into strategic planning. Jon Feingersh/Getty Images. Planning has long been one of the cornerstones of management. Early in the twentieth century Henri Fayol identified the job of managers as to plan, organize, command, coordinate, and control. The capacity and willingness of managers to plan developed throughout the century.

Fayol 44

Independent Work May Be Inevitable

Harvard Business Review

Drilling down further, according to MBO Partners' State of Independence in America report , there is a rapidly growing subset of "independents" in the U.S., which MBO defines as an individual working 15+ hours per week whether as a freelancer, contractor, or owner of a micro-business. 25 million people who are working part-time and are potentially under-employed, MBO calculates there are currently about 17 million independents.


How VC John Doerr Sets (and Achieves) Goals

Harvard Business

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. HBR Staff/Steve Jennings / Stringer/Getty Images. Since joining Kleiner Perkins in 1980, venture capitalist John Doerr has helped fund Intuit, Amazon, Google, Twitter, and a host of other well-known tech companies.

MBO 31

How Overfocusing on Goals Can Hold Us Back

Harvard Business Review

One of the most sacred texts in the business world is Peter Drucker’s classic, The Practice of Management , which introduced the concept of “ management by objectives ” (MBO). Imagine you want to design a robot that can get through a maze by itself. How might you go about it? First, you would probably define the robot’s objective: Find the exit of the maze.


The Freelance Economy Still Runs on Word of Mouth

Harvard Business Review

But we’re not quite there yet, according to a new survey conducted for MBO Partners, which provides back-office services to independent workers — which it dubs “solopreneurs.” million “side-giggers” who do regular independent work but for less than 15 hours a week, according to the fourth annual “ State of Independence in America ” report from MBO Partners.

MBO 11

The Management Thinker We Should Never Have Forgotten

Harvard Business

Eliminate MBO. Laura Schneider for HBR. Gothenberg, Sweden, is a long way to travel from Boston for a breakthrough idea in management — especially one that is more than 40 years old. I made the journey to attend a health care confab where Don Berwick, the former head of the Institute for Healthcare Improvement, based in Cambridge, Massachusetts, was delivering the opening lecture. Berwick’s talk began by deftly comparing Frederick Winslow Taylor and W.

Breaking Down the Freelance Economy

Harvard Business Review

To really get a sense of where we’re going, though, they will need to keep paying for identical surveys for years to come (the back-office firm MBO Partners has been doing this for a narrower population of “independent workers” for three years now ). The American workforce is now 34% freelancer, according to a new study commissioned by the Freelancers Union and the recently-merged Elance-oDesk. Well, sort of: 14.3


Where Are All the Self-Employed Workers?

Harvard Business Review

A survey conducted for the past three years on behalf of MBO Partners , a provider of support services for independent workers, counts temp workers, on-call workers, and those on fixed-term contracts as “independent workers.” MBO Partners, for example, predicted in 2011 that by 2020, “70 million people, more than 50 percent of the private workforce, will be independent.” Given that the actual research commissioned by MBO says that there are now about 17.7


How PwC and The Washington Post Are Finding and Hiring External Talent

Harvard Business Review

PwC has chosen to build its platform itself and has engineered it to work with other independent worker ecosystem service providers such as MBO Partners (an Emergent Research client), which is providing PwC with a compliance system for engaging and paying the independent worker community. Corporations across the globe are increasing their use of external talent. In the U.S. alone, companies are engaging roughly 6.4


Your Company Needs Independent Workers

Harvard Business Review

The MBO Partners 2015 State of Independence workforce study found that 6.4 There has been a lot of debate over the past year about the merits of the “ gig economy ”—where people work on a project or contract basis instead of holding down jobs as traditional full-time employees. Presidential candidates have weighed in on the pluses and minuses of “gig” or contingent work.


There’s No One System for Paying Your Global Sales Force

Harvard Business Review

Performance Metrics: Pay on revenues (timing determined locally) for individual (not team) performance; pay incentives rarely for management by objective (MBO) achievement (e.g. One of the big challenges for the people leading global sales organizations is figuring out the right way to set pay for for salespeople who work in vastly different countries and markets. Some argue that having a single global plan for each sales role (e.g.