The management by objectives in banks: the Polish case

Jerzy Kaźmierczyk (), Jerzy Kaźmierczyk () and Mateusz Aptacy ()
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Jerzy Kaźmierczyk: Poznań University of Economics and Business, Poland
Jerzy Kaźmierczyk: Tyumen State University, Russian Federation
Mateusz Aptacy: Poznań University of Economics and Business, Poland

Entrepreneurship and Sustainability Issues, 2016, vol. 4, issue 2, 146-158

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 (search for similar items in EconPapers)
JEL-codes: J20 M50 M54 (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (7)

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Persistent link: https://EconPapers.repec.org/RePEc:ssi:jouesi:v:4:y:2016:i:2:p:146-158

DOI: 10.9770/jesi.2016.4.2(3)

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