Achieve Your Success to Next Level through Management By Objectives (MBO)! Focus Your Intelligence on Why, What, How, Where, When & Boost up Career!
Abstract Management by Objectives (MBO), is a result-oriented, goal-setting management model that focuses on collaborative goal-setting between managers and employees. It is also known as Management by Results, Goal Management and Management by Planning, With an emphasis on clear communication and a unified commitment to organizational objectives, the MBO technique measures employee performance against mutually determined goals, standards and expectations. Management by objectives can be a powerful framework for business success, but it does come with downsides that not everyone is aware of. Keywords Management By Objectives, MBO, Determined Goals, Standards and Expectations. Learning Outcomes After undergoing this article you will be able to understand the following 1. What do you mean by Management By Objectives? 2. Why Manage By Objectives? 3. What are the Objective of Management By Objectives? 4. What are the Characteristics of Management By Objectives? 5. What is the