Optimal: Jurnal Ekonomi dan Manajemen
Vol. 5 No. 2 (2025): Jurnal Ekonomi dan Manajemen

Implementation of Management-Based Performance Assessment by Objectives on Startup Companies in Indonesia

Nurul Huda Chasanah (Universitas Sumatera Utara)
Utari Tri Handayani (Universitas Sumatera Utara)
Ritha F. Dalimunthe (Universitas Sumatera Utara)



Article Info

Publish Date
12 Jun 2025

Abstract

This study aims to analyze the implementation of Management by Objectives (MBO) as a performance assessment method in startup companies in Indonesia. The research method used is a literature study with a qualitative approach that examines in depth MBO theories, implementation principles, and practices that have been applied in startups, especially in Sigerhub Lampung. The results of the study indicate that the implementation of MBO through Objective Key Results (OKR) helps companies in setting specific, measurable, relevant, and time- bound targets. In addition, the use of 360 Degree Feedback supports a more holistic performance assessment by involving superiors, coworkers, and subordinates. The implementation of MBO can also increase work motivation, accountability, and employee involvement in achieving organizational goals. However, the implementation of MBO in startups still faces challenges, such as non-uniform assessment standards, potential assessor bias, and the need for training for managers. This study is expected to be a theoretical and practical contribution to the development of an adaptive and effective performance management system in startup companies in Indonesia.

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Journal Info

Abbrev

optimal

Publisher

Subject

Description

OPTIMAL: Jurnal Ekonomi dan Manajemen berfokus pada penerbitan artikel berkualitas tinggi yang didedikasikan untuk semua aspek penelitian, masalah, dan perkembangan terbaru di bidang Ilmu Manajemen. Topik dalam Jurnal ini berkaitan dengan aspek apapun dari manajemen, namun tidak terbatas pada topik ...