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Management by Objectives is a program that encompasses specific goals, participatively set, for an explicit time period with feedback on goal progress.
It emphasizes on the set of goals that are tangible, verifiable and measureable.MBO appeal undoubtedly lies in its emphasis on converting overall organizations objectives into specific objectives for organizational units and individual members. There are four ingredients common to MBO programs :
1. Goal specificity
2. Participative decision making
3. Explicit time period
4. Performance feedback
It emphasizes on the set of goals that are tangible, verifiable and measureable.MBO appeal undoubtedly lies in its emphasis on converting overall organizations objectives into specific objectives for organizational units and individual members. There are four ingredients common to MBO programs :
1. Goal specificity
2. Participative decision making
3. Explicit time period
4. Performance feedback
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