E ISSN: 2583-049X

International Journal of Advanced Multidisciplinary Research and Studies

Volume 3, Issue 5, 2023

Comparative Analysis and Implementation of the Concept of MBO and MBP at HAGL Vietnam Group

Author(s): Dinh Nguyet Bich, Nguyen Thi Le Hoa, Nguyen Thi Thu Thao


In the context of today's business environment, which has been constantly changing under the influence of many factors, management by objectives (MBO) and management by process (Management by process) Process - MBP) was born and widely applied in foreign enterprises. This method clearly reflects the development process of corporate governance, from vertically commanding management with Management by Time (MBT) to goal-driven management. connect and collaborate horizontally. The outstanding advantage of this method is to help the leadership improve productivity, efficiency and maximize the resources of the enterprise, especially human resources, and also fundamentally break the concept of "workplace". (workplace), unleashing the working capacity and intelligence of employees. Therefore, this article is to analyze and compare the implementation of the concept of MBO and MBP at a large corporation, namely HAGL Group. is a problem that needs to be solved. On the basis of conceptual analysis and comparison between MBO and MBP to see the advantages and disadvantages, the work results as well as some notes to apply the appropriate business strategy to bring the most efficiency.

Keywords: MBO Concept, MBP Concept, HAGL Vietnam Corporation

Pages: 992-1003

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