Management by Objective (MBO) is a strategy where managers and employees work together to set clear, measurable goals. The process starts with defining company-wide objectives, which are then broken down into specific targets for each department and individual. Employees participate in setting these goals, which fosters a sense of ownership and accountability.
Also See: Performance Appraisal PPT: Meaning, Types, Methods, Benefits
Management by Objective PPT: Definition, Steps, Advantages
Regular check-ins and reviews ensure that everyone is on track and allows for adjustments if needed. MBO encourages alignment between individual efforts and the company’s overall mission, enhancing productivity and motivation. By focusing on clear, agreed-upon objectives, MBO helps organizations achieve better results and employee satisfaction.
Also See: Recruitment PPT: Meaning, Process, Sources, Importance
Table of Content for Management by Objective PPT
- Definition
- Introduction
- Management by Objectives (MBO) in 5 Steps
- Advantages of Management by Objectives
- Disadvantages of Management by Objectives
- Conclusion
Free Download Link
