Quick Definition

Management by Objectives (MBO) is a strategic management model that aims to improve the performance of an organization by clearly defining objectives that are agreed upon by both management and employees.

Examples

• 1A company sets specific sales targets for each salesperson to achieve within the quarter.
• 2A manufacturing firm defines clear productivity goals for the production line to reduce waste and increase output.
• 3A software development team agrees on deliverables for a project, including specific features to be completed within set deadlines.
• 4A customer service department sets goals for response times and customer satisfaction ratings to improve service quality.

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