MANAGEMENT BY OBJECTIVES AND EMPLOYEE PRODUCTIVITY OF OIL AND GAS INDUSTRY IN SOUTH-SOUTH, NIGERIA

MANAGEMENT BY OBJECTIVES AND EMPLOYEE PRODUCTIVITY OF OIL AND GAS INDUSTRY IN SOUTH-SOUTH, NIGERIA

Hamilton^, D. I.

Department of Management, Faculty of Management Sciences, Rivers State University,

Port Harcourt, Nigeria

and

Nweye, P. A.

Department of Management, Faculty of Management Sciences, Rivers State University,

Port Harcourt, Nigeria

ABSTRACT

This study investigated the relationship between Management by Objectives and Employee Productivity of oil and Gas Industry in South-South, Nigeria. The population of the study consisted of Twenty (20) Oil and Gas Industry in South-South, Nigeria from which the study elements of 140 managers was drawn. The hypotheses were tested using the Spearman’s rank order correlation with the decision rule set at a P< 0.05 level of significance for the rejection of the null hypotheses. The study findings revealed that Management by Objectives is significantly associated with Employee Productivity, and that it contributes to enhancing measures such as Timeliness, Service Quality and Quality of work. Given this evidence, the null hypotheses are rejected as the results from the analysis indicate otherwise. The findings of the study suggest that the Employee Productivity within the selected Oil and Gas Industry can be considered as being explained by their objectives within the organization. It was therefore concluded that Management by Objectives contributes significantly towards Employee Productivity. As such the study recommended that Management by Objectives should be enforced by the management of Oil and gas industry to enable staff participate in organizational goal setting and understand areas of responsibility so as to further improve productivity in the organization.

Keywords: Management by objectives, Employee Productivity, Timeliness, Service Quality and Quality of work.