Management by Objectives and Motivation for Strategy Implementation
https://doi.org/10.30932/1992-3252-2016-14-3-25
Abstract
The article deals with problems of management by objectives and development of personnel motivation system for implementation of transport company’s strategy. It substantiates the idea that a well-built strategy of involving staff in matters of general interest has a significant impact on efficiency of interaction of structural units in business processes. The authors pay a particular attention to need for formation of key performance indicators that affect the achievement of objectives at various levels. These indicators should be formed on the basis of comparison of main tasks of individual departments and tasks defined by holding company development strategy.
About the Authors
A. V. Sorokina
Moscow State University of Railway Engineering (MIIT)
Russian Federation
Russian Federation
Sorokina, Anastasia V. – Ph.D. (Economics), associate professor
Moscow
I. A. Epishkin
Moscow State University of Railway Engineering (MIIT)
Russian Federation
Russian Federation
Epishkin, Ilya A. – Ph.D. (Economics), associate professor, Ilya A. – Ph.D. (Economics), associate professor
Moscow
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Review
For citations:
Sorokina A.V., Epishkin I.A. Management by Objectives and Motivation for Strategy Implementation. World of Transport and Transportation. 2016;14(3):270-280. https://doi.org/10.30932/1992-3252-2016-14-3-25
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