Management by Objective (MBO)
MBO is a systematic and organized approach that allows management to focus on achievable goals and to attain the best possible results for available resources.
Management by objective aims to increase organizational performance by aligning goals and subordinate objectives throughout the organization. Ideally, employees get strong input to identify their objectives, timelines for completion, etc. MBO includes ongoing tracking and feedback in the process to reach objectives.
Management by objectives (MBO) is the process of agreeing upon objectives within an organization so that management and employees agree to the objectives and understand what they are in the organization.
The term management by objectives was first popularized by Peter Drucker in his 1954 book “The practice of Management”
MBO is a systematic and organized approach that allows management to focus on achievable goals and to attain the best possible results for available resources.
Management by objective aims to increase organizational performance by aligning goals and subordinate objectives throughout the organization. Ideally, employees get strong input to identify their objectives, timelines for completion, etc. MBO includes ongoing tracking and feedback in the process to reach objectives.
Management by objectives (MBO) is the process of agreeing upon objectives within an organization so that management and employees agree to the objectives and understand what they are in the organization.
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