What is management by objectices?

Management by Objectives (MBO) is a strategic management model that emphasizes setting specific, measurable goals for employees and aligning their performance with the organization's objectives. In this approach, managers and employees collaboratively define objectives, which are then used to evaluate performance and guide decision-making. The process fosters clear communication, accountability, and motivation, as employees understand how their individual contributions impact the overall success of the organization. Ultimately, MBO aims to enhance productivity and improve organizational effectiveness.