management by objectives


Also found in: Dictionary, Financial, Acronyms, Wikipedia.
Related to management by objectives: Management By Exception

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 ?
I-TRAC supports all organizational management styles including teams, total quality management, performance based organizations, and management by objectives.
The study highlights key success factors of telecommuting programs, including corporate commitment demonstrated through management by example, a culture of trust, management by objectives instead of management by observation and organizational behaviors that support the telecommuter, such as planned rather than impromptu meetings.
Full browser ?