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2020 | 149 | 64-80
Article title

Applying the goal management model on the business governance in Vietnam in the context of international integration

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EN
Abstracts
EN
The trend of globalization along with the rise of digital technology and the emergence of new ways of management have significantly contributed to changing the modern business environment. The requirement for businesses is to have an appropriate management method to adapt to the new trend and the development of the technology age 4.0. The job positions allocated in enterprises are becoming increasingly complex and deeply specialized. Capturing new corporate governance trends will help businesses achieve their longest-term success in the era of the digital economy. Therefore, to be successful, managers must understand and adapt highly to the changing business environment and always have a firm understanding of management trends as well as the changes of the industry and industry. In each stage, each different historical period, the administrative agencies and non-business units set out different development directions and objectives. Results for each goal and quest will be different. Depending on the unit in which leaders will assign specific tasks to each functional department so that they can perform a certain workload. In the process of implementing the mission, there will be departments, departments, and individuals to well perform assigned tasks. However, there will also be a number of departments that have not yet performed their assigned roles and responsibilities, leading to undesirable work results. Therefore, choosing and applying the right governance model is extremely important. Objective Management is a governance model with many outstanding advantages, bringing success to the business. The application of MBO governance model will set requirements that make administrators always set goals for each stage, each period to assign tasks to each department, individual, to help them complete the best. the work content is assigned, bringing high income and profit for the business. The managers will rely on the targets and the level of work completion to evaluate employees. From there, it helps to promote the strengths and to overcome the shortcomings of employees so that there is a way of assigning jobs suitable to their capabilities and strengths. This management model will maximize the employee's ability to work in the process of working in businesses today.
Year
Volume
149
Pages
64-80
Physical description
Contributors
author
  • Thuongmai University, Ha Noi, Viet Nam
author
  • Faculty of Economic Information System, University of Information and Communication Technology, Thai Nguyen, Viet Nam
author
  • Faculty of Economic Information System, University of Information and Communication Technology, Thai Nguyen, Viet Nam
References
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article
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Identifiers
YADDA identifier
bwmeta1.element.psjd-d0655e7f-a829-499f-9aee-b0d07de778ea
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