Managing your practice by objectives.

The article focuses on the need of management by objectives for public accounting firms of the seventies in the U.S. Management by objectives must start at the top of the organization so that the purposes of the business must flow downward. The preparation of strategic options requires that they be considered as general involving all of the major managing partners and unit heads, and staff persons. Popularly applied is the system of management which manages operations by objectives, a system governing annual goal setting.