Received: 2016-05-15  |  Accepted: 2016-07-25

Title

The management by objectives in banks: the Polish case


Abstract

This paper examines the occurrence of Management by Objectives system in banks in Poland. According to the theory, MBO should be applied to the entire organization; however, in practice MBO is often used only in selected parts of the organization. The purpose of this study was to investigate the segmentation of MBO in banks, according to the job position, job seniority, educational and gender aspects individually. Firstly, grounded on the literature, this article describes the characteristics of MBO and the rewarding plans for the achievement of objectives. The survey among bank employees helped to accomplish the research aim undertaken in this article. Based on conducted research, empirical subsection shows the results of the study in comparison to the analysis made by other authors. The results revealed the diversity in using MBO in banks in Poland. Furthermore, showed that male employees in banks are covered by the Management by Objectives system more frequently than females, and that bank staff with tertiary education are subject to the Management by Objectives more often than employees with secondary education.


Keywords

HRM, management by objectives, banks, Poland


JEL classifications

J20 , M50 , M54


URI

http://jssidoi.org/jesi/article/93


DOI

10.9770/jesi.2016.4.2(3)


Pages

146-158


This is an open access issue and all published articles are licensed under a
Creative Commons Attribution 4.0 International License

Authors

Kaźmierczyk, Jerzy
Poznań University of Economics and Business, Poznań, Poland http://ue.poznan.pl
Tyumen State University, Tyumen, Russian Federation https://www.utmn.ru
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Aptacy, Mateusz
Poznań University of Economics and Business, Poznań, Poland http://ue.poznan.pl
Articles by this author in: CrossRef |  Google Scholar

Journal title

Entrepreneurship and Sustainability Issues

Volume

4


Number

2


Issue date

December 2016


Issue DOI

10.9770/jesi.2016.4.2


ISSN

ISSN 2345-0282 (online)


Publisher

VšĮ Entrepreneurship and Sustainability Center, Vilnius, Lithuania

Cited

Google Scholar

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References