Management by Objectives (MBO) is a process in which a manager and an employee agree upon a set of specific performance goals, or objectives, and jointly develop a plan for reaching them. The objectives must be clear and achievable, and the plan must include a time frame and evaluation criteria.
Read more: http://www.referenceforbusiness.com/small/Mail-Op/Management-by-Objectives.html#b#ixzz2ibdBzvNN
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