Asked by Sally Suzie on May 19, 2024

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What is Management by Objectives (MBO)? What advice would you give to a manager who is considering MBO for her workplace?

Management Objectives

Specific goals set by a management team to guide the operations and direction of a company or organization.

  • Comprehend the principle and aim of Management by Objectives (MBO) and its influence on productivity levels.
  • Recognize problems and obstacles leading to the failure of MBO programs and propose corrective measures.
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DF
Deann FaulkMay 22, 2024
Final Answer :
MBO is an elaborate, systematic ongoing program designed to facilitate goal establishment, goal accomplishment, and employee development.MBO is a time-consuming process which must have the full commitment of top management.Goals must be as specific and measurable as possible and periodic appraisal meetings should be held to diagnose the reasons for success or failure.Research indicates that MBO programs result in clear productivity gains.