management by objectives

(redirected from Managing by Objectives)
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management by objectives

A management philosophy in which subordinates are encouraged to share in decisions and policy-making by playing active roles in establishing goals, setting objectives and achieving those goals. Management by objectives (MBO) is a results-oriented, participatory style of management, which can integrate various elements such as planning, organisation and control. It assumes that identification of goals leads to more meaningful, purposeful action on the part of the organisation’s members; MBO allows a free exchange of ideas, information and suggestions, allowing management to understand the thinking of the group, and often reduces the layers of management.
References in periodicals archive ?
Where an integrated e-Government and knowledge management have been implemented, savings of the order of 30-50 per cent have been attained on top of those attained by linking rewards to productivity and managing by objectives.
In a way the word marketing has come to be used as loosely and vainly as Managing by Objectives.
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