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What is Management by Objectives Explained about?
Management by objectives (MBO) is a process where managers and employees agree on objectives and plans for achieving organizational goals. Key aspects of MBO include participative goal setting, choosing actions, and measuring performance against objectives. When employees are involved in goal setting, they are more committed to achieving them. MBO aims to align individual objectives with organizational goals. Potential limitations include overemphasizing goals over plans and underappreciating environmental
- Author
- Shyam Kalita
- Language
- EN